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NGT News: LBS Tops Mobile Apps, US Exports Cartoons and YouTube Fights Piracy

by NGT

Navigation Tops Downloadable Mobile Apps [MediaPost]
In the second quarter of 2007, location-based services (LBS) such as navigation tools represented over half of the $118 million in revenue generated by downloads of mobile applications.

Home Front in the Battle for Sales [Financial Times]
LG’s focus on consumers instead of competitors has led to turnaround year for the company. Profits have been led by LG’s thriving mobile handset business, and the high-end Shine and Prada phones have established the brand in the premium mobile market, stealing market share from Motorola.

Cartoon Characters Get Big Makeover For Overseas Fans [Wall Street Journal]
Media companies are adapting iconic American characters for foreign markets with strong national identities, such as India, China, and Japan.

YouTube Rolls Out Filtering Tools [BBC News]
In an effort to combat piracy, Google has developed “Video Identification” tools to block copyright material from appearing and spreading on YouTube.

The Rich Get Nicher, Go Online, Use Blogs, Read People Magazine [MediaPost]
Recent research indicates that America’s affluent business elite—a demographic dominated by middle-aged males—are voracious consumers of new media such as blogs and podcasts. They’ve also held onto business journals, daily newspapers and surprisingly, People magazine.

IFW Is For Everyone [Style Bubble]
Internet Fashion Week, which will launch in 2008, will provide opportunities for designers to work with filmmakers, photographers and other artists to present their collections online.

Ericsson Plunges on Warning [Financial Times]
Ericsson cuts its third quarter earnings forecast mainly due to a shortfall in sales of mobile network upgrades and expansions.

MySpace Speaking Portuguese, Russian, Polish and More [Mashable]
Myspace launches localized, language-specific versions of its SNS in Brazil, Poland, India and Russia.

Tags: The Week in Mobile

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