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Mobile-phone giant Nokia invested an undisclosed amount in Obopay, the developer of a system that lets people send money to each other from their mobile phones.
Source: news.yahoo.com

Virtual books win readers on mobile phones, electronic gadgets (Canoe Technology)
MONTREAL - Indigo says its recently launched digital book service has attracted customers in some 120 countries, and adds that most of the users are doing their e-reading via mobile phone.
Source: technology.canoe.ca

Inbuilt GPS Contract Mobile Phones (SYS-CON Media)
The Global Positioning System or GPS is basically a tool that helps users to find their way by plotting their locations using satellites. GPS has become a standard feature of high-ended mobile phones, but only a decade ago, the technology was used almost exclusively by large corporations and the military. read more
Source: www.sys-con.com