Global Mobile News Round-up – Week 11th May

Verizon buys AOL for $4.4bn, Apple Pay in China, mobile ad spend to reach $105bn and more... Each week the MEF team curates mobile stories from around the world. Essential news you may have missed, the latest market insight & data nuggets, the Global Mobile News Round-up offers an instant international mobile content and commerce snapshot.  Global News Stories Verizon to buy AOL for $4.4bn BBC US telecommunications giant Verizon has agreed to buy AOL in a deal worth $4.4bn (£2.8bn). Buying AOL will broaden the amount of advertising Verizon can sell and will increase … [Read more...]