Snap shells out $7.7 million for a patent just to keep it away from Facebook

Remember Mobli? It’s sort of an Instagram competitor that launched back in 2011, but didn’t really make it that far. The Android version of the app is now officially dead, while the iOS version is not among the highest-rated apps on the App Store. The fact that it works on a subscription scheme doesn’t do it any favors, too, we suppose. Well, the app’s maker — Mobli Media — still just made a bucketload of cash by selling a specific patent to Snap for $7.7 million.

The patent in question details the idea of placing geofilters (location-based filters) on your photos. You may have noticed that …


Apple reportedly wants to sell up to 230 million new iPhones – with as many as 95 million in 2017 alone!

DigiTimes, a mostly on-point source of supply chain insights, reports that Apple is forecast to sell up to 230 million new iPhone models in total. Previous reports claim Apple is placing orders for up to 95 million OLED display panels from Samsung, but it isn’t clear if these are meant to go exclusively in the Anniversary Edition iPhone, or are also to be distributed among the rumored “iPhone 7s”-type devices being prepared as a more conventional alternative.

Either way, Cupertino is ordering close to 100 million of its new iPhones in 2017 alone, which means …

The Galaxy S8 preorders top a million in Korea, the highest on record for a new phone

Samsung has unleashed the preorder season for the Galaxy S8 at its home turf in Korea for a good while now, since April 7, and those who have reserved the right to be the first in purchasing the handset have now surpassed the one million mark, tips local media, based on carrier reports. 

This is the highest preorder amount on record for a new phone over there, which bodes well for the total Galaxy S8 sales numbers. Samsung is expecting to ship about 60 million S8 units overall, and analysts predict that 50 million of those will be purchased this year alone. 
The …

Huawei's Mate 9 has sold more than 5 million units, four months after its launch

Huawei’s bet on smartphones seems to be paying off, judging from its ever-increasing sales numbers. In a recent press conference, the company shared that it has so far sold more than five million units of its early 2017 flagship phablet, the Mate 9, which is a 36% increase over its predecessor’s sales for the same period of time.

In comparison, Huawei’s previous mainstream flagship, the P9, has sold 12 million units in a year, whereas the Mate 9’s 5 million were reached in just four months. This shows both a greater trust in the company’s devices, as …

BlackBerry wins $814.9 million award from Qualcomm in royalty dispute

This has been a very good morning for BlackBerry and its hardy band of investors. The resurgent company was awarded a preliminary amount of $814.9 million  from Qualcomm. The decision was made by an arbitration panel and relates to a dispute that both companies agreed to have settled in this manner. BlackBerry claimed that it overpaid royalties to the chipmaker based on a royalties cap that both firms had agreed to last year.

The royalties were computed on devices sold by BlackBerry between 2010-2015; the only question that the arbitration panel had to deal with, was whether BlackBerry’s …

Google could invest $880 million in LG's Display division to secure OLED panels for the Pixel 2

The next Pixel phone can’t come soon enough. With Google I/O conference just around the corner, rumors about the next flagship to be released by the search giant start to pile up. Google had been using a couple of Android partners to build its smartphones, and things will probably not change in the near future.

The previous Nexus phone were made by two companies, LG and Huawei, whereas the current Pixel phone have been manufactured by HTC. However, LG is very close to secure another contract from Google if we are to believe the latest reports coming from the Korean …

Report: Apple orders 70 million OLED screens; 3D face recognition confirmed for iPhone 8

Note: The thumbnail image to the left is an Apple iPhone 8 concept created by graphic designer AlHasan Husni

Just yesterday, we told you that Samsung will be spending $8.9 billion to expand production of OLED panels this year, with Apple the likely beneficiary of this spending. Today, a report from Japan’s Nikkei news agency revealed today that Apple has ordered 70 million OLED panels from Samsung for use in 2017. The 10th anniversary iPhone model, dubbed the Apple iPhone 8, is expected to be the only handset from Apple using OLED this year. As a result, we can deduce that Apple expects …

Over 12 million units of the Huawei P9 and P9 Plus have been rung up

Back during the waning days of 2016, Huawei announced that it had sold 10 million units of the Huawei P9 and Huawei P9 Plus. That figure has since gone up by 2 million handsets. So overall, the company has sold over 12 million units of the P9 and P9 Plus worldwide. The data comes from Yu ChengDong, CEO of Huawei Consumer Business Group who is better known in the U.S. as Richard Yu. The executive says that the recently launched Huawei P10 and P10 Plus should also combine to reach more than 10 million units in sales as well.

 As the third largest smartphone manufacturer in the world, …

Instagram hits 1 million advertisers, double the amount it had 6 months ago

Instagram is in demand as a platform for advertisers. Since September, the number of companies that actively advertise on the picture and video sharing app has doubled to one million. A year ago, that number was 200,000. Advertising on Instagram can be quite fruitful for these firms, especially since as many as 400 million people are using the app every day. James Quarles, who is the head of advertising at Instagram, says the appeal of the site goes beyond the raw numbers.

According to Quarles, 80% of Instagram’s users follow at least one business. The idea is to get these Instagram account …

$23 billion deal spells the creation of an Indian telecom giant with 400 million subscribers

Have you ever contemplated just how big of a number is 100,000,000 (one hundred million)? How about four times that amount? Well, as it turns out, this is roughly the volume of subscribers that a new Indian carrier is going to have, following today’s announcement of a $23 billion merger between Vodafone India and Idea Cellular.

The combined entity will effectively become India’s largest telecommunication company, enjoying about 40% of the country’s mobile revenue. While colossal mergers of this kind are nothing too unfamiliar in today’s world, the circumstances …