Big Red Picks Color for New Video Venture

May 8, 2012 No Comments

SOURCE: TechNewsWorld

Verizon is partnering with Color, the mobile social network that VCs showered with money last year. Its new video-sharing service will debut only on Verizon smartphones. “This kind of an app will drive up data consumption and push you into overages, and Verizon will stand to make a lot of money, at least until consumers get their first month’s bill,” said analyst Rob Enderle.

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