Microsoft reportedly is working overtime to keep its new Windows Phone 8 overhaul on schedule, collaborating closely with carriers to guarantee that devices running the new mobile operating system reach stores in advance of the holiday shopping season.
OnLive owed millions to creditors and faced a complete shutdown in the days prior to selling off its cloud gaming service and related assets.
Less than a year after rolling out its first smartphones powered by Microsoft's Windows Phone operating system, Nokia now dominates close to 60 percent of the worldwide Windows Phone market, according to mobile app analytics firm Localytics.
HTC is acquiring a 17.1 percent stake in mobile enterprise apps platform Magnet Systems valued at $35.4 million.
HTC reiterated that smartphones including the Desire S, Droid Incredible 2 and Thunderbolt remain on schedule to upgrade to Google's Android 4.0 (a.k.a. Ice Cream Sandwich) by the end of August, despite the handset maker's recent decision to scrap the planned overhaul of its Desire HD.
HTC has halted plans to upgrade its Desire HD smartphone to run Google's Android 4.0, nicknamed Ice Cream Sandwich.
Rumors that Facebook is developing its own branded smartphone have again resurfaced, with Bloomberg reporting the social networking giant is working with manufacturer HTC to release the device as soon as mid-2013
Less than a year after purchasing a 50.1 percent majority stake in audio technology firm Beats Electronics for $309 million, HTC is selling back 25 percent to Beats founders for $150 million.
HTC has confirmed it plans to upgrade a number of smartphones to run Google's new Android 4.1 mobile operating system update.
Sprint Nextel is pushing a software update to its Android-powered HTC Evo 4G LTE smartphone designed to resolve software issues preventing some subscribers from using the Google Wallet contactless payment service.