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Fresh off its $70 million funding round, Jawbone is now turning its eyes to the growing opportunity in wearable health monitors with a wrist sensor product. Called UP, it’s a wristband equipped with an application that combines tracking and analysis of movements, nutrition and sleep patterns. Read more »

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PayPal today unveiled a new peer-to-peer payment functionality that allows Android users to pay each other by tapping two near field communication (NFC)-enabled devices together. The feature shows how PayPal is gearing up for NFC as part of its larger push on mobile payments. Read more »

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Evernote has pulled in $50 million in new funding led by Sequoia Capital with participation from Morgenthaler Ventures. The new investment, which comes after a $20 million round last year October, will be used for aggressive growth and acquisitions as the company expands its offerings. Read more »

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Electronic Arts announced it is buying casual and mobile game developer PopCap Games for $750 million as it looks to speed up its evolution toward being a digital purveyor of games. EA is moving quickly away to embrace the opportunity in social and mobile gaming. Read more »

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Crittercism is getting in on the booming market for app support services with its user diagnosis and support tool, that helps developers track app crashes and address user complaints and bug reports. The company announced new funding from Kleiner Perkins, Google Ventures and others. Read more »

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EBay is getting more serious with its mobile payments ambitions with PayPal, announcing today that it is buying Zong for $240 million. The move bolsters PayPal’s existing payment system and allows it to offer users an additional way to pay via carrier billing. Read more »

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A new data and visualization project called the Connected States of America helps bring some focus into the way mobile phones facilitate communications and shows how conversations and text-messages bind areas and regions together, even ones that are far apart. Read more »

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With mobile games booming beyond iOS, there are a new set of opportunities opening up for a host of enablers like Seattle-based Zipline Games, which is offering a multi-platform SDK for game development as well as a back-end cloud service for mobile games. Read more »

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Mobile payments have taken off in the last few years and are now poised to grow from $240 billion this year to $670 billion worldwide in 2015, aided by growing near field communication transactions for physical goods, according to Juniper Research. Read more »

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While almost no one is looking forward to Los Angeles’ so-called Carmageddon, an upcoming closure of a busy freeway, crowd-sourced traffic app Waze sees an opportunity to shine. The company is teaming with the local ABC affiliate to beef up ABC’s real-time traffic information for drivers. Read more »

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An Android developer is pulling its game app from the Amazon Appstore for Android, calling it a “disaster” because of a number of shortcomings. It’s the complaint of one developer, but it highlights some of the challenges in building a mature market for apps. Read more »

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A consortium led by Apple, Research In Motion and Microsoft has bought up Nortel’s 6,000 patents for $4.5 billion in an auction that could lead to further trouble for Google, who was outbid for the trove of intellectual property. Read more »

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It’s not quite the $150,000 offered to Y Combinator companies, but DreamIt Ventures, a Philadelphia-based accelerator program, is dangling some cash of its own to its startups in an attempt to keep them nearby and ensure that it stays competitive. Read more »

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Finding new users for apps has grown increasingly complicated with the number of apps exploding and app store owners like Apple cracking down on some download tools like pay-per-install campaigns. That has forced some publishers and developers to look at third-party companies such as Fiksu, a Boston startup, in order to wrangle new users. Read more »

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ViVOtech, an end-to-end provider of near field communication hardware and software, has raised $24 million in a Series C round of funding. The funding highlights the growing momentum behind NFC, which is finally coming together as a rising mobile payment and communications platform. Read more »

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Go Daddy, the largest domain registrar and a web hosting provider, is reportedly close to being sold to a group of private equity firms including KKR and Silver Lake Partners. The purchase price is about $2-2.5 billion, according to several news outlets. Read more »

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