As Nokia continues to try to turn itself around as a mobile phone business, it is also playing on the offense in the legal game: today it announced that it has filed fresh patent suits against HTC, RIM and Viewsonic in the a selection of courts in the U.S. and Germany. The suits go to show that a company like Nokia has a lot more arsenal in its stores to fight against competitors as it struggles win business with consumers. The fact that it has so many patents among its assets also means that there is significantly more value to this company than just its handset business.
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In its first ever earnings report as a publicly-traded company, Yelp said it earned $27.4 million in revenue, up 66 percent from the $16.5 million it made in the same time a year ago. However, the company more than tripled its net losses, mostly on rising costs associated with supporting a larger sales staff. It lost $9.8 million, up from the $2.7 million it lost in the same time a year earlier. That loss of 31 cents per share was about double what analysts had estimated. Analysts had predicted a loss of 15 cents per share, according to a Bloomberg survey. Looking at the sheet, Yelp’s loss expanded mostly on sales, marketing and administrative costs. Sales and marketing costs rose to $18.8 million, up from $11.3 million the year before. On the earnings call, the company said much of this headcount growth came from international expansion, which it has yet to fully monetize. In the first quarter, Yelp launched in 11 new markets, eight of which were international.
Another week, 
Japanese gaming giant GREE just acquired mid-core, mobile game developer Funzio for $210 million in an all-cash deal that should boost its ability to build games for Western audiences. Funzio is behind Crime City, Modern War and Kingdom Age, which are graphical RPGs that have had more than 20 million downloads on Apple’s iOS, Android or Facebook platforms. I had heard a few weeks back that 
