Virgin’s Richard Branson Invests in Mobile Payments Guru Square

Square has received an investment from British billionaire and entrepreneur Richard Branson, according to Reuters. Details of the investment were not disclosed, other than it was in the “multimillions.” Square allows small-business owners, or just about anyone, to accept a credit card payment with a smartphone. It recently raised $100 million from Kleiner Perkins Caufield & Byers.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus