American Express Poaches Boku CTO Erich Ringewald

A second executive from Boku, a mobile payments company in San Francisco, has signed on with American Express. Erich Ringewald, who was Boku’s co-founder and CTO, will join the company as VP of Software Product Management for Amex’s U.S. Consumer Services business. In May, American Express hired David Yoo, an SVP at Boku, to be SVP of its Commerce Innovation team.


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Moore’s Law means that more and more things can be done practically for free, if only it weren’t for those people who want to be paid. People are the flies in Moore’s Law’s ointment. When machines get incredibly cheap to run, people seem correspondingly expensive.

— From Jaron Lanier’s new book, “Who Owns the Future?” excerpted on Wired.com