News Byte
Tricia Duryee in Commerce on May 24 at 4:30 am PT
San Diego-based Zebit has raised $25 million in a fourth round of funding to grow its platform, which enables retailers to assess the risk of selling items to an individual consumer on credit. Mohr Davidow Ventures led the round, with Crosslink Capital, Leapfrog Ventures and QED Investors also participating. To date, Zebit says it has completed more than a million transactions.
News Byte
Lauren Goode in News on December 28, 2011 at 8:33 am PT
The Raspberry Pi, a credit-card sized computer that plugs directly into your TV via an HDMI input, is launching next month, following five years of research and development. Developed in the U.K. by the Raspberry Pi Foundation, the $35 version of the device runs Linux, has a 700MHZ ARM 11 processor and 256MB of RAM, and features the first-person multiplayer video game Quake 3 Arena; the $25 version has similar specs, but with 128MB of RAM. Videogame veteran David Braben, the brains behind the Pi, has been quoted as saying he originally created the Pi for educational use.
Lauren Goode in Commerce on December 13, 2011 at 6:00 am PT
American Express Black Card holders might not strike some as the bargain-hunting kind, but AmEx is getting on board with mobile bar code scanning to offer more loyalty rewards to all cardholders.
Tricia Duryee in Commerce on July 14, 2011 at 3:58 pm PT
Groupon has updated its IPO filing to add in several new pieces of information, the most glaring of which is the retraction of statements one of its founders made to the press.
Tricia Duryee in Commerce on June 28, 2011 at 9:01 pm PT
Pittsburgh-based Dynamics is announcing a $35 million round of financing that it will use to make a more intelligent credit card that it hopes will compete against others in the space, including Square and Google Wallet. It thought it was one of the biggest rounds raised this year by a payments company, and it was for about 20 minutes until Square announced it had raised $100 million.
Kara Swisher in D9 on May 24, 2011 at 12:58 pm PT
We’ve added Jack Dorsey, one of Silicon Valley’s hottest entrepreneurs, to the
D: All Things Digital conference stage.
He’s now busy disrupting the online payments space with his Square start-up, and before that invented a little service called Twitter.
Heard of it?
Tricia Duryee in Commerce on March 28, 2011 at 5:00 am PT
American Express is launching an all-new Internet-based payment system that will go up against PayPal as part of the company’s plans to expand beyond its briefcase-touting business clientele.
Tricia Duryee in Commerce on February 28, 2011 at 11:01 pm PT
EMoney took a side trip this morning from the massive crowds gathering at Moscone in downtown San Francisco for the Game Developers Conference to Japantown, where there was an equally vibrant, albeit slightly smaller, conference called the Future of Money.
