Friday Mobile Pint – Loopt gets acquired, Path gets a business model + mobile payment news


The top mobile stories from the past 24 hours, good to the last drop.

Loopt acquired as Green Dot prepares for mobile payment battle (via betakit)
The purpose of the acquisition is clear: Loopt will add location as another core competency to Green Dot’s overal strength as a mobile payments provider.

Apple’s new A5X chip may not come to the next iPhone, analysts say (via BGR)
Apple has previously used the same chip in the company’s iPad and iPhone, however the A5X may not be ideal for smartphone use and the Cupertino-based company may instead look for a more power-efficient chip for the iPhone 5, MacWorld reported on Thursday.

Path’s Business Model: Selling The Means Of Self-Expression (via Fast Company)
Read this and then compare how close we were on WTM.

Isis’ campaign to win over consumers starts at SXSW (via GigaOM)
Isis, the mobile payment joint venture of Verizon, AT&T and T-Mobile, is finally getting a public viewing at South by Southwest, with consumers able to see the near-field communication wallet in action. The demonstration at Isis’ lounge and booth sets the stage for Isis’ rollout this summer in Austin, Texas, and Salt Lake City.

What Apple’s new LTE love means for Sprint, T-Mobile (via GigaOM)
While you might assume that when their LTE networks do go live this year, they will next be welcomed into the iPad fold (and, more importantly, a future iPhone with LTE). But that won’t necessarily be the case. LTE is a whole new ballgame, and the old 3G rules that determined which carriers were blessed with Apple’s devices don’t apply in 4G.

Forget 3G and 4G, terahertz could make cell phones 1,000 times faster (via BGR)
Petek’s discovery of “a physical basis for terahertz bandwidth” could potentially be used to leverage the “portion of the electromagnetic spectrum between infrared and microwave light” and transmit data at rates 1,000 times faster than today’s wireless standards, which are limited to the gigahertz frequency.

FCC presses Verizon on mobile capacity crunch (via GigaOM)
On Thursday, the FCC sent a letter to Verizon, asking it to provide a slew of documentation on how it arrived at its rather dire capacity forecasts. Verizon claims that, at its current rate of traffic growth, which is roughly doubling each year, it will reach the capacity thresholds on both its 3G EV-DO and LTE networks beginning in some markets by the end of 2013, and across its entire network by the end of 2015.

CardSpring’s Payment Cards Apps API Debuts at SXSW (via betakit)
In this instance, RetailMeNot is using the CardSpring API to tie coupons directly to user credit and debit cards, which allows those users to then have the coupon applied instantly when they make a purchase at one of Austin’s participating food trucks over the course of the festival.

About the author

Douglas Soltys

Douglas is the former Editor-In-Chief of Inside BlackBerry, BlackBerry Cool, and QuicklyBored, which he launched as a mobile gaming industry site. His knowledge of mobile and social media led him to a job at RIM (BlackBerry), where he got to travel the world and do lots of cool things. He is often left-handed, but rarely sinister.

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