Google’s Project Fi Phone Service Promises Fast Connectivity

Google has unveiled its experimental Project Fi, a new mobile phone service that seamlessly switches between Wi-Fi and 4G LTE networks to ensure that people will have the fastest connections. Users will also be able to switch between devices, so text messages and phone calls can be answered from a smartphone, tablet or computer. Google partnered with Sprint and T-Mobile for the data networks, and it plans on offering its Project Fi for as low as $30 per month. Continue reading Google’s Project Fi Phone Service Promises Fast Connectivity

Cablevision and Google to Challenge Wireless Business Model

In a first time move for a U.S. cable operator, Cablevision announced it would launch a Wi-Fi-only mobile phone service dubbed Freewheel next month. For $9.95 per month, Freewheel will offer unlimited data, talk and text to Cablevision broadband Internet subscribers (the company also plans to offer a $29.95 service for non-customers). Meanwhile, Google is expected to launch its own wireless service this year through deals with Sprint and T-Mobile. Both services are expected to put pressure on the wireless industry, already at war over prices.  Continue reading Cablevision and Google to Challenge Wireless Business Model

Google Invests in SpaceX to Push Worldwide Internet Access

SpaceX recently landed a $1 billion investment from Google and investment firm Fidelity. Google’s commitment to SpaceX is part of the company’s ambitious plan to facilitate Internet connectivity on a global scale in order to serve more areas of the world, reach consumers more directly, and ultimately get its products into more hands. In addition, Google has plans to offer a wireless service through deals with Sprint and T-Mobile, which could lead to rivals lowering their prices and improving connectivity speeds. Continue reading Google Invests in SpaceX to Push Worldwide Internet Access

Facebook Could Expand into E-Money Mobile-Payments System

Facebook is preparing to provide remittances and electronic money in an effort to extend non-ad revenue. The company applied for an e-money license in Ireland that would allow users to store and exchange money through its social network. Facebook would generate revenue by charging commission for each transaction. At least three London startups — TransferWise, Moni Technologies and Azimo — have discussed potential partnerships with Facebook regarding financial services. Continue reading Facebook Could Expand into E-Money Mobile-Payments System