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Europe cuts mobile roaming charges

Admire Moyo
By Admire Moyo, ITWeb news editor.
Johannesburg, 04 Jul 2011

Europe cuts mobile roaming charges

The cost of making and receiving mobile phone calls while travelling in Europe has come down again, reveals the BBC.

Operators cannot charge more than 32 pence per minute (plus VAT) for outgoing calls, and 10 pence per minute (plus VAT) for incoming calls.

The new tariffs are the latest in a series of annual price reductions forced on the mobile industry by the European Commission.

Zynga files for $1bn IPO

Zynga - the online gaming outfit behind the popular Farmville - has filed for an IPO, seeking to raise as much as $1 billion, writes The Register.

According to the company's SEC filing, Zynga is a profitable company. In 2010, it reached $90.6 million net income and $597 million net revenue. In the first three months of 2011, the company accelerated its revenue growth - pulling in $235 million - but this came at the expense of profit, which topped out at $11 million.

The company has 60 million daily active users. These users spend two billion minutes each day wasting their lives away on its games, creating 38 000 virtual items every second.

iPad claims 1% of Web browsing

Apple's iPad now accounts for 1% of Web browsing worldwide, and over 2% in the US, according to the latest stats from market watcher Net Applications, writes V3.co.uk.

The results of the firm's NetMarketShare report show the iconic device hit the milestone last month, having grown its share gradually since August 2010, with only a slight decline in growth from January to February 2011.

The news will be a welcome boost for Apple, fresh off the back of its successful attempt to prevent rival Google from winning the bid to own a group of key patents relating to mobile technology from Nortel Networks.

Google considering Hulu buyout?

Search giant Google is one of about a dozen companies involved in talks to potentially buy online video site Hulu, a person familiar with the matter said on Friday, notes the Associated Press.

As the owner of YouTube, it would be a strategic buy for the Silicon Valley technology company, which has had a rocky relationship with Hulu's Hollywood owners.

Hulu has begun presenting its financial information to many prospective bidders, but it's too early to declare a front-runner, said the person, who spoke on condition of anonymity because the discussions are confidential.

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