Yowie has announced it is now offering enhanced group video chatting for consumers, competing against the likes of Skype, Google Hangouts and Tiny Chat. Yowie, known for connecting fans with celebrity chat hosts such as Colin Farrell, Amy Poehler, Interpol and presidential hopeful Gary Johnson, now compete head to head in hot consumer video chat space.

Vidyo announced it has virtualized the first video conferencing infrastructure and delivered an HD video conference on over 100 concurrent lines. To date, virtualization in the video conferencing market has been limited to call control. Vidyo has now virtualized media processing, enabling service providers to offer unlimited multipoint scalability and low latency rate matching capability on demand to accelerate the adoption of high quality, universal video conferencing on any endpoint.

LightSquared, a nationwide wireless broadband network, announced that it has signed a multi-year wholesale agreement with VoIP provider VoX Communications. VoX is culminating its strategy to add mobile functionality to its existing IP network platform by launching new mobile services and applications, including voice and video, on LightSquared's network.

Cisco has reported its fourth quarter and fiscal year results for the period ended July 30, 2011. The company reported fourth quarter net sales of $11.2 billion, net income on a GAAP basis of $1.2 billion or $0.22 per share, and non-GAAP net income of $2.2 billion or $0.40 per share.

Cisco has reported its fourth quarter and fiscal year results for the period ended July 30, 2011. The company reported fourth quarter net sales of $11.2 billion, net income on a GAAP basis of $1.2 billion or $0.22 per share, and non-GAAP net income of $2.2 billion or $0.40 per share.

Viber, a mobile application that offers users free phone calls and text messaging to other Viber users over 3G and Wi-Fi, announced the official launch of the Android version of the app, bringing Viber to millions of additional users. Viber also announced that it has acquired over 12 million active users (last 30 days) and has an impressive call traffic volume of over one billion minutes of calls per quarter.

Cisco Cius, the first Android tablet aimed at enterprise customers will be launched by Verizon Wireless later this summer. According to Verizon, the company is combining the power of its 4G LTE network with the Cisco Cius to improve "Mobile Enterprise Collaboration."