Lakoo Fingers Bad Transactions

MARCH 10, 2011 • Lakoo, a Hong Kong-based developer of online and mobile MMOs, told Threatpost blog that four out of every 10 transactions coming in through its iOS platform games are fraudulent. The purchases are occurring from either compromised iTunes accounts, or counterfeit iTunes gift c.....

FTC Reviews App Stores

FEB. 21, 2011 • The Federal Trade Commission will review the marketing and delivery of mobile applications that charge users for products and services through App Stores like Apple’s There is concern that in-app purchases are easy for consumers to misunderstand, resulting in unwanted charges......

Minecraft iOS

FEB. 20, 2011 • The hugely successful sandbox computer game Minecraft is being adapted to the iOS platform by its developer, Mojang. This new version will be touchscreen.  Minecraft iOS Apple platforms is expected to release later in 2011. .....

Xperia Play Unveiled

FEB. 13, 2011 • Sony Ericsson unveiled the Xperia Play, a new  smartphone that can play video games. Similar in format to the PSP Go, the Xperia Play runs on the Android OS, and supports the new PlayStation Suite of classic titles. The new smartphone is the first handset to b.....

Nokia and Microsoft Partner

FEB. 10, 2011 • Finland’s Nokia Corp., the world’s largest mobile phone maker, has partnered with Microsoft Corp. to adopt the Windows Phone 7 operating system for all of its future handsets. The rationale for the move away from Nokia’s own OS is to better compete with Apple’s iOS and Google’s Android platforms. Impact: The mobile world has evolved to the point w.....

Smartphones Outship PCs

FEB. 9, 2011 • According to research group IDC, consumer electronics manufacturers shipped more smartphones worldwide than PCs. The number of smartphones shipped during the last three months of 2010 were up 87% to 100.9 million, compared to 3% bump to 92 million PCs. .....

Pocket Gems Taps $5 Million in Investment

DEC. 14, 2010 • Developer Pocket Gems, best known for its Tap Farm iPhone game, secured $5 million in investment led by Sequoia Capital. The Tap series of games is free to play and has generated millions of dollars in micro-transaction revenue. Pocket Gems intends to use the funding to expand its engineering team and to develop additional mobile content. Impact: It has only been a year since A.....