Webwire: Apple shares top $600; PayPal enters m-payment sector

Staff writer
16 Mar 2012
00:00
News
Daily News

Apple shares briefly pass $600

Apple shares briefly topped $600 during Thursday's NASDAQ trading, one month after breaking the $500 mark. At $600, Apple's market capitalization is $550 billion.

All Things Digital

PayPal enters mobile payment business

PayPal has entered a mobile payment market, launching a new dongle allowing merchants to take payments from iPhones. Android support will also be added soon.

Reuters

Tencent earnings hit by acquisition costs

Chinese internet company Tencent Holdings has revealed it may slow down investment spending in the future, after the company reported its weakest full-year profit growth since 2005 due to high costs from recent acquisitions.

Bloomberg

Wind slams Canada spectrum cap plan

Canadian operator Wind has slammed plans by the government to set spectrum caps on 700-MHz and 2,500-MHz auctions, claiming it will leave players without the airwaves needed to compete.

CBC News

T-Mobile USA calls for interoperable LTE rules

US operator T-Mobile has petitioned the FCC to require that all 700-MHz LTE devices are interoperable with other networks.

GigaOM

Swedish authorities ramp up Pirate Bay probe

Swedish authorities have ramped up their investigation into file sharing website The Pirate Bay, requesting information from the site's hosting provider.

BBC News

Obama uses YouTube video to campaign

US President Barack Obama is using an online documentary on a YouTube platform to raise funds and support for his re-election campaign.

New York Times

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