Posts filed under 'business'

Our very own CEO Carol Realini will be speaking at the CTIA show in San Francisco, CA this week. The session is scheduled for September 11, 2008 from 1:00pm to 1:55pm in meeting room 2008. The topic is mCommerce: Device, Application, or Technology? The entire ecosystem is interested in monetizing the transaction capability of the mobile phone. For more information check this out.
Technorati Tags: CTIA, Technology, Event, mCommerce, Device, Application, App, mobile, phone
September 9th, 2008
Just last week, Obopay hired Spencer Fong as our new Vice President of Engineering. He is capable and experienced and will really help the company continue its thought leadership in the sphere of mobile finances. But don’t just take my word for it… here is a short biography written by our own President Gregory Holmes:
Spencer brings a wealth of experience and a strong track record of accomplishment to the Obopay team. He has over 23 years in the technology arena –in engineering, architecture, product development, integration and much more. Notably, much of Spencer’s career has been in financial services, having held positions at Intuit, Teknowledge Corporation, Edify Corporation, Charles Schwab and IBM. Over the years, he has also accumulated 7 patents to his credit.
Most recently, Spencer served as the VP of Engineering for Digital Insight, an Intuit company, where he led the design, architecture, development and management of Intuit’s next generation online banking software for financial institutions, consumers and small businesses.
Prior to Intuit, Spencer served as VP of Engineering for Teknowledge Corporation, where he had responsibility for the Tekportal line, utilized by financial institutions and processors for ACH transfer, OFX, Identity Solutions, Account Opening and general Business Banking functions.
Spencer received his Masters Degree in Computer Science from Stanford and holds a B.S. in Computer Science & Mathematics from U.C. Davis.
Congrats Spencer and welcome to Obopay!
Technorati Tags: Spencer Fong, obopay, Gregory Holmes, head of engineering, thought leadership, development and management
September 5th, 2008
Apple iPhone’s world domination continues! Apple and America Movil SAB, the top mobile company in Latin America, announced a partnership to bring the iPhone to Latin America today.
“America Movil SAB, controlled by Mexican billionaire Carlos Slim, said it plans to bring the iPhone to all of its Latin American operations but didn’t offer more details about the arrangement, including whether it would be the exclusive iPhone provider in the targeted countries.” Read the whole article here.
Apple has been planning to sell 10 million iPhones by the end of this year. Given that America Movil has almost 160 million subscribers in multiple countries, I would say that they are on the right track.
Technorati Tags: iphone, apple, apple iphone, latin america, mexico, mexico city, mobile, business
May 8th, 2008
“Verizon Communications Monday reported first-quarter adjusted earnings of $1.74 billion, or 61 cents a share, in line with the mean estimate of analysts polled by Thomson Reuters.
In the same period a year earlier, the company earned $1.63 billion, or 56 cents a share, including discontinued operations.
Revenue totaled $23.83 billion in the latest three months, up 5.5% from $22.58 billion in the same period a year earlier, and below Wall Street’s consensus estimate of $23.86 billion.
The Dow component’s wireless division said it had 1.5 million net customer additions in the quarter, bringing total customers to 67.2 million. Revenue from the company’s wireless division totaled $11.7 billion, up 13.2% year-over-year. Total churn for the business was 1.19%.”
Read the rest of the article here.
Technorati Tags: verizon, wireless, mobile, business, wall street, dow, news
April 28th, 2008
Apple said Wednesday that second-quarter profits rose over 36 percent to $1.05 billion, or $1.16 per diluted share, on sales of $7.51 billion for the three-month period ended March 29, 2008. The company shipped 2,289,000 Macs, 10,644,000 iPods, and 1,703,000 iPhones.

read more | digg story
April 24th, 2008