Rating: Currently monitoring almost 100m transactions dailyWith margins for mobile network operators tight (especially on voice), fraud has become a major issue for the industry. Which probably why MACH has just been able to announce that it is now analysing over 100 million transactions daily for its customers. The company cites recent research carried out by the Communications Fraud Control Association (CFCA) which suggests it may be costing operators as much as $40 billion per year in lost revenue. MACH expects that figure to grow as the adoption of 4G increases. Thanks to its cloud-based Fraud Management System – FAME, MACH is able to share some very interesting stats on fraud with us. Continue reading →

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SAN FRANCISCO (Reuters) - Zynga Inc raised the lower end of its 2012 earnings outlook after quarterly revenue beat Wall Street's rock-bottom expectations, driving its shares 13 percent higher. As pressure fell on the embattled "FarmVille" creator to show Wednesday that it has stabilized its spiraling business, the company assuaged investors with a series of minor announcements, from a new deal with British firm bwin.party to offer online real-money gambling in the United Kingdom to a $200 million share buyback plan that would lift its dismal share price. ...

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SAN FRANCISCO (Reuters) - Zynga Inc raised the lower end of its 2012 earnings outlook after quarterly revenue beat Wall Street's rock-bottom expectations, driving its shares 13 percent higher. As pressure fell on the embattled "FarmVille" creator to show Wednesday that it has stabilized its spiraling business, the company assuaged investors with a series of minor announcements, from a new deal with British firm bwin.party to offer online real-money gambling in the United Kingdom to a $200 million share buyback plan that would lift its dismal share price. ...

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Boosted by the launch of Apple’s (AAPL) iPhone 5, Verizon (VZ) on Thursday reported a solid quarter with net subscriber addition figures that crushed Wall Street’s lofty expectations. Analysts saw Verizon adding 901,000 net postpaid subscribers last quarter but heavy iPhone demand pushed the key metric to 1.5 million, with total net subscriber adds reaching 1.8 million in the quarter. The carrier earned $0.56 per share, up more than 14% from $0.49 in the year-ago quarter, and revenue grew 4% to $29 billion. Operating income margin grew to a record-high 31.8%, and Verizon now claims 95.9 million total retail connections including 90.4 million total retail postpaid connections. The company said on its earnings call that it activated3.4 million Android phones and 3.1

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