Marvellous Launches Birthdays App

By on March 17, 2010 · Leave a Comment 

Marvelous, Interactive agency has come up with an application for Nokia phones which will remind users of the upcoming birthdays of their friends. The name of the application is ‘Friends Birthdays For Facebook’, and it functions by connecting a user’s mobile with his facebook account.

It thus saves all the birthday related data on the user’s mobile and alerts him when anybody’s birthday approaches. The application also provides its customers the choice to quickly create and send his friend a mobile birthday card.

For security reasons, the application only uses birthday information which is publicly available on social networking websites in most of the cases. The app is available on Nokia handsets and can alsobe downloaded free of cost from the Nokia Ovi Store.

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China Mobile confirms purchase of 20% stake in of Shanghai Pudong

By on March 15, 2010 · Leave a Comment 

China Mobile announced its entry into the share subscription agreement with Shanghai Pudong Development Bank, through its wholly-owned subsidiary-China Mobile Group Guangdong Company Limited.

China Mobile is considered to be the world’s largest mobile operator in terms of number of subscribers. The company grabbed 2,207,511,410 A shares to be issued by SPD Bank by way of private placement, representing 20% of the issued shares of SPD Bank as enlarged by the subscription.

The selling price of each share was 18.3 RMB (about HK$ 20.50) which brought the total consideration for the subscription to 39.8 billion RMB (approximately HK$45.3 billion).

As a part of the deal, China Mobile has also entered into a strategic cooperation memorandum of understanding with SPD Bank (which will lead into a strategic cooperation agreement) to jointly work on development of mobile e-commerce services.

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