PayPal Acquisition Hints at Company's Approach to the Mobile Wallet

EBay-owned PayPal said in February it will conduct several pilot programs over the next year to enable consumers to use their PayPal accounts–at the register. Today, it announced an acquisition that may help them get there.

‘Mommy, I’m Losing You. Pick Me Up at Brownies’

Walt wonders whether 8-year-olds really need their own cellphones, but says Firefly’s kid-friendly model is a good choice for parents who want their children to join the mobile mob.