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Mobility companies’ expenditure will continue to increase throughout the year. It will reach a 2.6% increase, or $1.57 trillion for hardware, software and mobile services purchases, according to IDC calculations published by Silicon.

BBVA launches the sixth edition of its social entrepreneurship support program, which from now on will be global – it will be developed in Spain, the United States, Mexico, Turkey and Colombia –, will offer support to more companies and will adjust better to the reality of social entrepreneurs. BBVA Momentum channels its support through five initiatives: a training program; a strategic mentoring program; a network of entrepreneurs, customers and investors; collaboration to provide visibility to the companies; and, finally, funding.

Snap, the parent company of Snapchat, debuted in the New York Stock Exchange with 44% gains, Expansión reports. Its shares reached $24.48 after starting at $17 – higher than the $14 and $16 analysts were predicting.

BBVA Executive Chairman Francisco González expressed his commitment to Mexico during his visit to Mexico City, announcing new investments to move forward the transformation process at BBVA Bancomer. “We are going to invest $1.5 billion,” he said,  following a meeting with Mexican Minister of Finance and Public Credit, José Antonio Meade. The 5-year investment plan will help BBVA Bancomer to leverage technology and develop solutions for its customers.