Morning Brief: Nokia Acquires Analytics Co, Apple Shutters Quattro, Dell & HP Post Earnings

 By 
Lauren Indvik
 on 
Morning Brief: Nokia Acquires Analytics Co, Apple Shutters Quattro, Dell & HP Post Earnings

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Nokia Acquires Mobile Analytics Company

Nokia announced that it has acquired mobile analytics firm Motally Inc., a privately held, eight-person company headquartered in San Francisco. Motally specializes in application tracking and reporting for developers and publishers. Nokia plans to adapt its service for its Qt, Symbian, Meego and Java developers, in addition to serving Motally's current clients, the company said in a statement.

Apple Shutting Down Quattro Wireless

Apple is shutting down the Quattro Wireless ad network it acquired in January to focus on its iAd platform, Quattro CEO Andy Miller -- who is now Apple's VP of iAd -- wrote in a memo to Quattro participants yesterday [via BusinessInsider].

Dell, HP Post Quarter Earnings Results

Dell and HP posted quarterly earnings results in line with analysts' expectations.

Dell, affirming a recovery in enterprise and government technology spending, announced double-digit profit growth, although its gross margin declined 16.6% from 18.7% due to higher component costs. Total earnings were $629 million for the second quarter; overall company revenue was up 22% to $15.5 billion.

The company forecasts that revenue will grow 14% to 19% and income from 18% to 23% in the second half of the year. Just last week, Dell Founder and CEO Michael Dell was rebuked by shareholders when 1/4 voted against the continuation of his tenure on the company’s board.

Meanwhile, HP revealed in a conference call with investors that it would launch a webOS tablet in Q1 2011. The company reported that its third quarter net revenue rose 11.4% year-over-year to $30.7 billion, also in line with analysts' expectations. There is still no word who will replace CEO Mark Hurd, who recently resigned over a sexual harassment investigation.

Further News

Foursquare broke its record for new user signups following the launch of Facebook Places, the location service revealed.

Google has released its long-awaited Gmail video and voice chat features for Linux users.

StumbleUpon mobile apps are now available for iPhone and Android devices.

People magazine launched its iPad app early yesterday morning despite reports it would be delayed due to photo licensing disagreements.

Groupon smashed sales records with its first nationwide daily deal, the company informed us.

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