Visa Expands Digital Payment Options With Purchase of PlaySpan

Visa has agreed to acquire PlaySpan, which handles transactions for virtual goods in online games, digital media and social networks around the world. Visa will pay about $190 million in cash, plus undisclosed payments for hitting future milestones. The Santa Clara, Calif., company is privately held and backed by Easton Capital, Menlo Ventures and other funds.


Latest Video

View all videos »

Search »

Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work