MOBILE

Millennial Media Gain May Spur Mobile-Technology IPOs BusinessWeek By Olga Kharif on March 30, 2012 Millennial Media Inc. (MM) (MM), a seller of advertising space onmobile devices, almost doubled in its first day of trading, a sign investors have a growing appetite for providers of mobile services. See all stories on this topic »

Verizon Pitches Mobile Video Wall Street Journal By ANTON TROIANOVSKI Verizon Communications Inc. Chief Executive Lowell C. McAdam said the company could have a wireless video service by year-end that lets pay-TV subscribers see some content on their mobile devices if regulators approve a proposed ... See all stories on this topic » Wall Street Journal

Best Buy to cut costs and close stores BusinessWeek Best Buy Co. said it plans to close 50 US big box stores and open 100 small mobile locations in the US in fiscal 2013 and cut $800 million in costs by fiscal 2015. The news came Thursday as the biggest US specialty electronics retailer posted a fiscal ... See all stories on this topic »

PayPal taps mobile chief Marcus as president BusinessWeek David Marcus, PayPal's vice president of mobile, is succeeding Scott Thompson, who left in January to become CEO of Yahoo Inc. Marcus will move into the new job on Monday. Marcus' leadership should help PayPal continue to expand its mobile reach. See all stories on this topic »

Mobile ad leader Millennial Media goes public Baltimore Sun By Gus G. Sentementes, The Baltimore Sun Fast-growing Millennial Media Inc., a Baltimore-basedmobile advertising company, broke a years-long IPO drought in the city's technology sector and went public Thursday. The company's CEO, Paul Palmieri, ... See all stories on this topic »

Verizon dangles mobile video as hook for its cable deal CNET The carrier is hoping the promise of better video content on its mobile phones will get regulators to approve its pending spectrum and cross-selling deal with cable providers. by Roger Cheng March 30, 2012 5:07 AM PDT Follow @RogerWCheng Lowell McAdam ... See all stories on this topic »

Mobile Game LetterSchool Wins Three Awards for Best Educational App San Francisco Chronicle (press release) After being crowned "Best Educational Game" in the 2011 Best App Ever Awards, the mobile app has now been voted "Best Mobile App for Homeschoolers" and "Best Educational App" in the 2012 About.com Reader's Choice Awards. Everyone is impressed by the ... See all stories on this topic »

PayPal taps mobile chief as its new leader CNN International By Laurie Segall @CNNMoneyTech March 29, 2012: 5:28 PM ET NEW YORK (CNNMoney) -- PayPal is throwing its full weight into the mobile payments market. To fill its vacant top spot, the Web payments giant is elevating David Marcus, who joined the company ... See all stories on this topic »

Mobile Ad-Company Millennial Media Soars in Debut After IPO BusinessWeek By Olga Kharif on March 29, 2012 Millennial Media Inc. (MM) (MM) almost doubled in the mobile-ad company's trading debut, signaling growing investor appetite for companies focused on mobile, social networking, payments and entertainment. See all stories on this topic »