Russia’s Mail.ru buys maps service company to lure mobile users

MOSCOW (Reuters) – Russian email-to-online-gaming group Mail.ru said on Thursday it had acquired MAPS.ME, a maps and navigation service for mobile devices, to help expand its global audience. Mail.ru, majority-owned by Russia’s richest man Alisher Usmanov, had announced plans to expand in foreign markets in October 2012 and launched the my.com brand, which now offers an email service for mobile phones, as well as chat and games

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China’s Tencent, Warner Music partner for music streaming

BEIJING (Reuters) – Chinese fans of Linkin Park and Jason Mraz will be able to stream licensed music from Tencent Holding Ltd after the internet firm said on Thursday it had signed a distribution deal with Warner Music Group (WMG). In a statement, the two companies said the deal would help music companies and artists by giving consumers better access to licensed music. The terms of the deal were not disclosed

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