– This post was originally published on 26-August-2014 on Linkedin. Basic knowledge and introduction on mobile money and its critical success factors, attributes, key stake holders along with meaning were discussed in Mobile Money Basics (updated on 21-Dec-2014). People interested in the use of mobile phones for their payments, sending money to each other (P2P) or checking balance, often ask what is the difference between e-money, mobile money, mobile banking, mobile payments, mobile commerce etc. Most of the consumers who wants to use and even some who are already using these services are confused. As there are no universally accepted/defined definitions. This lack of uniformity does become critical at the regulatory level as well as when potential players are trying to have a meaningful conversation with each other.
Earlier this month, LG said that it would row back on its smartphone ambitions by abandoning an annual cycle of smartphone launches. Rather than releasing a flagship just because Samsung did, LG would only pump out a handset when it felt that it should. The report speculated that the move was in anticipation of more bad news for LG Mobile when its fourth-quarter financials were published. Now that the figures are out, it's clear that LG's patience for the division has worn thin, since it managed to lose $204.8 million in just three months.
U.S. mobile speeds lag behind those found in other developed countries, according to a new report from internet network Akamai. The good news, however, is that U.S. broadband internet speeds continue to improve, up 22 percent compared to the same time last year. That growth puts the country into the top 10 fastest average speeds at 18.7 megabits per second. Akamai published the findings in its "State of the internet" report for the first quarter of 2017. Americans enjoyed an average of 10.7 megabits per second (Mbps).