If you think about what's happened the last 4-5 years in smartphones, it's truly remarkable. Apple has created an entirely new, multibillion-dollar franchise. Nokia and RIM's dominance have been severly damaged. And entirely new app and OS systems have been developed.

What's it all mean? As we surmised back in January, it probably means more pain for the legacy market leaders -- people such as Nokia, Ericsson, and RIM. Clearly their market-share is eroding, but more importantly they are losing their grips on OS and apps markets. Apps willd drive this market forward, and Apple and Google's Android are leading here.

With that, on to the news, which in the tech world today is dominated by smartphones:

 

 

This entry was posted on Wednesday, June 30, 2010 at 11:21 am and is filed under Mobile, Technology.
Keywords: Smartphones, Apple, RIM, Verizon, Markets, Spies

Talkwheel Garners $1,200,000 New Financing
  • Company: Talkwheel
  • Description: Talkwheel is a social media communication platform that unifies your members/fans by aggregating their conversations from most popular sources, building stronger and more engaged communities.
  • Website: www.talkwheel.com
  • Type: Venture Equity
  • Amount: $1,200,000
  • Round: Undisclosed
  • Purpose: Proceeds purposes were not disclosed.
  • Investors:

StudioNow Receives $1,000,000 New Funding Round
  • Company: StudioNow
  • Description: We are the creators of the first web-based, virtual community of freelance video/movie editors and directors available 24/7 to provide Hollywood-class filmmaking expertise and editing services to our customers.
  • Website: www.studionow.com
  • Type: Venture Equity
  • Amount: $1,000,000
  • Round: Undisclosed
  • Purpose: Proceeds purposes were not disclosed. SEC regulatory filing. Contact technology company for investment details, if applicable. Not an offer or solicitation for sale of securities.
  • Investors:

M87 Garners $3,000,000 New Funding
  • Company: M87
  • Description: M87’s Routing at the Edge (RATE) technology improves the performance of data networks by moving routing intelligence and network selection decisions to the device, which is most aware of real-time connectivity conditions.
  • Website: www.m-87.com
  • Type: Venture Equity
  • Amount: $3,000,000
  • Round: Undisclosed
  • Purpose: Proceeds purposes were not disclosed.
  • Investors: