SAN FRANCISCO, Aug 11 (Reuters) – Foodpanda, an online
take-away food delivery company active in dozens of emerging
markets, said it had raised $60 million in new financing from a
group of investors including existing backer Rocket Internet AG.
Foodpanda, one of a stable of ecommerce and financial
services ventures created by Berlin-based Rocket Internet, is in
a global race to stake out the highly local food take-away
market, an online segment that has featured two high-profile
share listings this year and big investments by U.S. and
European venture firms.
VIENNA (Reuters) – Security researchers have revealed two separate threats this week they say could put up to 90 percent of the world’s 2 billion plus smartphones at risk of password theft, stolen data and in some cases let hackers take full control of devices.
One vulnerability involves flaws in the way scores of manufacturers of Apple, Google Android and Blackberry devices, among others, have implemented an obscure industry standard that controls how everything from network connections to user identities are managed.
VIENNA, July 3 (Reuters) – German startup backer Rocket
Internet is entering the British market for self-storage, with a
pick-up and store business that seeks to eliminate the need for
customers to rent their own locker space.
SpaceWays, as the new company is called, will launch in
London on Thursday, with plans to expand to other British cities
and around the globe in the near future, said one of the three
co-founders hired by Rocket Internet to create the service.
VIENNA (Reuters) – Eastern and Central Europe’s top information technology services firm, EPAM Systems (EPAM.N: Quote, Profile, Research, Stock Buzz), warned on Monday of mounting and unquantifiable risks to its operations in Ukraine and Russia, sending the U.S.-listed company’s shares down 14 percent.
Ukraine’s burgeoning software services industry, once insulated by a blue-chip international client base from the divided country’s ailing economy, now finds itself caught up in the escalating military and political standoff with neighboring Russia.
BARCELONA, Feb 26 (Reuters) – The mobile phone industry is
now looking to the fast-growing demand for smartphones priced at
$100 or below as the market for fancier high-end devices has
become saturated, but not all handset makers are able or willing
to trade down.
Much of the talk this week at the Mobile World Congress in
Barcelona, the industry’s biggest annual trade fair, has turned
from the latest big screen, premium-priced devices to the new,
entry-level smartphones that analysts say now overwhelmingly
represent the industry’s best hope for growth.
BARCELONA (Reuters) – WhatsApp will add free voice-call services for its 450 million customers later this year, laying down a new challenge to telecom network operators just days after Facebook Inc scooped it up for $19 billion.
The text-based messaging service aims to let users make calls by the second quarter, expanding its appeal to help it hit a billion users, WhatsApp CEO Jan Koum said at the Mobile World Congress in Barcelona on Monday.
BARCELONA (Reuters) – WhatsApp, the world’s biggest mobile messaging service, is to add a voice call service for its 450 million customers, laying down a new challenge to telecom network operators just days after it was bought by Facebook for $19 billion.
Chief Executive Jan Koum said his aim was for WhatsApp users to be able to make calls by the second quarter, just as they can now text messages, in a bid to expand the service’s appeal to help it hit a billion users.