Tag Archives: ifund

Coming soon to a phone near you: iMoney

Like it or not, the notion of a so-called “cashless society” is only a few implementations shy of reality – and we’d bet (which means we don’t know for sure)  that future mobile phones – including the iPhone (future version) – will eventually carry RFID chips (or an equivalent technology) to help ensure your identity when making any kind of payment.

There’s been signs of this before, with banks introducing various account management applications for the iPhone. While these stop short at use of these devices as a payment or debit card at least one major force in the banking industry payment solutions world is working on a solution that does just that.

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Social networking’s sexier than Blu-ray

The price of Blu-ray players and discs seems set to fall this season, as those involved seek to take the format into the mass market – meanwhile that market’s changing, with consumers flocking to sign-up to location-based social networking services for their mobile phones, a pair of ABI Research reports claim.

“Blu-ray vendors and dealers are starting to realize that for Blu-ray to become the next DVD, they need to lower player prices in order to generate interest and build volumes,” said ABI Research principal analyst Steve Wilson.
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iPhone apps outsell entire US mobile market

Those in the mobile content game have to take a serious look at some of the stats emerging for the iPhone, with iFund manager Matt Murphy claiming “the iPhone is the place to be”.

“One of the statistics we’ve been looking at is the figure Steve Jobs quoted of there being 60 million downloads in the first 30 days. If you strip out ringtones and wallpaper sales for all the U.S. carriers combined, that’s more downloads than they have in an entire quarter. That means 10 million iPhone users are outselling the entire U.S. market of 250 million mobile devices,” he observes.
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iFund chief talks iPhone investment

The $100 million iFund investment pool, created by Kleiner Perkins Caufield & Byers, has invested in five iPhone start-ups, NYT reports in a profile piece on Matt Murphy who heads up the endeavor

You can also take a look at this video (click on image to be taken there) ‘Discussing the new frontier in tech development, with Matt Murphy, Kleiner Perkins Caulfield & Byers partner and CNBC’s Erin Burnett.’