Global mobile entertainment revenue will grow about 80 percent from $36 billion in 2011 to $65 billion by 2016, Juniper Research predicted yesterday. The research firm said the app-store centric ecosystem has “dramatically” increased consumer adoption of casual games and a flourishing of content for mobile devices. Hand in hand, tablet use is increasingly contributing …

The chief executive of South Korean consumer electronics giant LG Electronics resigned today amid declining mobile phone sales, according to news reports. Nam Yong will be replaced on October 1 by Koo Bon-joon, 59, who is the head of trading firm LG International, Reuters reported. The incoming CEO is a founding family member of the company and younger brother of …