The mobile payments system is now available in the US, but it will still be several years before it has an impact on the mass market.
Altech's East African unit did not recover as expected six months ago.
In today's technology roundup: Hi-tech firms face financial distress, Fujitsu workers down tools, UK firm denies Egyptian 'cyber spy' deal, and Murdoch offers $4.7m to hacking victims.
Electronic and mobile payments are increasingly becoming the preferred method of payment globally, a report says.
The Ooma Telo Air lets users make free calls within the range of their home networks.
The funding will enable the company to buy additional tower portfolios from operators and build new towers.
The solution allows BMO MasterCard customers to purchase services using a sticker on their mobile phones.
The device runs on Google's mobile OS, and will be released next year with pre-loaded titles.
New services will let customers pay for products with just a name and telephone number.
IT leaders are under pressure to support employee-owned devices, reveals a Dimension Data-commissioned study.
Microsoft has a lot riding on its new operating system, which could take the company to the next level of mobile computing - or else it could be game over.
Images of possible cases for the next-generation iPhone lead to speculation that it is slimmer, lighter and even has a slight tear-drop design.