Technology, Cell Phone | featured news

Samsung's new flagship smartphone, the Galaxy S III, will be launched by all of the Big 4 national U.S. wireless carriers this month, starting at $199, the phone maker said Monday.

A massive, data-slurping cyberweapon is circulating in the Middle East, according to a Russian Internet security firm. Moscow-based Kaspersky Lab ZAO said the "Flame" virus was unprecedented both in terms of its size and complexity, possessing the ability to turn infected computers into all-purpose spying machines that can even suck information out of nearby cell phones.

Samsung design VP Chang Dong-hoon has refuted accusations that the Galaxy S III was designed "by lawyers." Responding to the reports that stated the new handset was tweaked to circumvent deliberate trade dress claims made by Cupertino in its lawsuit, he said that the redesign is part of the company's five-year plan rather than a sudden change. He went on to say that the flagship went through hundreds of iterations before the team alighted upon the model that will shortly make its way into sweaty palms all over the world.

This is a guest post by Caribou Honig, a partner with QED Investors in Alexandria, Va. In a prior post on the topic of mobile payments, I made the case that the mobile wallet will become the foundation of a new, disruptive "payment Operating System."

CTIA Wireless, the U.S. cellphone phone industry's annual trade show that starts Tuesday, is drawing heavy participation not just from the cellphone industry, but from MasterCard, Visa, and other companies in the business of moving money around.

Did "sexting" just get safer? Maybe, but probably not. A free and increasingly popular iPhone app called Snapchat allows users to take a picture, send it and control how the message is visible – between 1 and 10 seconds.

The Samsung Galaxy S III's plastic build may not be to everyone's liking, but the quad-core processor and improved voice control feature show that Samsung's flagship Android line has staying power.

Soaring sales of smartphones lifted Samsung Electronics's profit to a record and apparently pushed the South Korean company past Nokia as the world's biggest cellphone seller—and perhaps past Apple as No. 1 in smartphones.

The evidence continues to mount that the mobile phone business is evolving into a two-horse race. It’s Apple, Samsung, and a host of desperate hangers on. In the first quarter, according to Raymond James analyst Tavis McCourt, Apple accounted for about 80% of all profits in the mobile phone business, with Samsung accounting for the rest. The two companies combined, he figures, had 74% of mobile handset industry revenues.

Standard & Poor's has cut its credit rating on Finnish cellphone maker Nokia to junk on expectations of lower sales, following a similar move by Fitch Ratings earlier this week.