VeriFone’s CEO Explains Why It Spent $1 Billion on Acquisitions for a New Payments Strategy

CEO Doug Bergeron says VeriFone has spent more than $1 billion in acquisitions to take advantage of emerging technologies, such as mobile payments, on a global basis.
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Google Maps the Indoors, So Navigating Ikea Is No Longer a Nightmare

No more walking in circles to find the mall’s bathroom, or aimlessly wandering in search of a refreshing Orange Julius.
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Shop Online to Avoid Screaming Bieber Fever on Black Friday (Video)

Eeeeeeeeeeeeeeeeeeek!
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More Retailers Attack at “Black Midnight”

Best Buy Co. is joining the list of big store chains opening at midnight after Thanksgiving this year in hopes of getting a jump on the competition, following recent announcements by Target Corp., Macy’s Inc. and Kohl’s Corp.

News Byte

Google Wallet Merchants Kick Off Mobile Payments With Discounts

Many of the major retailers that were expected to roll out Google’s mobile payments service have gone live today, with an additional benefit for early adopters: Steep discounts. The Google Wallet is now available at American Eagle Outfitters, the Container Store, Foot Locker, Guess, Jamba Juice, Macy’s, OfficeMax and Toys“R”Us, according to a Google blog post. As part of the launch, some of the stores are offering 10 to 15 percent off purchases.

Liveblogging Yahoo Q4 Earnings: "Encouraging" Is the New Black

BoomTown was looking over Victoria Harbour in Hong Kong, as I blogged the conference call after Yahoo released its fourth-quarter earnings after markets closed today. It’s pretty! But Yahoo’s revenue growth–still, not so much. Yahoo exec, though, declared the results “encouraging.”

Making the Case for E-Commerce (i.e., Amazon) in 2011

Amazon.com is one of the top picks in e-commerce for the year, mostly because of its dominance, but also because of the opportunities it has going forward in mobile and social networks. Here’s how the two factors play a role as e-commerce revenues are expected to jump by 13 percent in 2011.

Video Meme: Hallelujah for Flash Mobs!

Flash mobs: They’re no longer elite events for cool kids with secret passwords. This holiday season has seen a remarkable run of flash mobs in North America (and subsequently on YouTube), with both participants and audience members eager to partake in an increasingly democratized art form and then post their experiences online.

Fact or Fiction: Cyber Monday Is the Heaviest Online Shopping Day of the Year

The retail industry would like you to believe that “Cyber Monday,” the Monday following Thanksgiving, is the busiest e-commerce day of the year. But is it?

Shopkick Checks In With Target–CEO Cyriac Roeding Talks About Social Shopping

The idea of being rewarded for being a consumer is getting a lot of heat of late, as retailers seek to take advantage of the fast-moving social phenom among consumers, especially young ones. Thus, a wide range of efforts to combine location-based mobile apps with purchasing, both online and offline. Today, another company in the space, shopkick, announced it had added another store–Minneapolis-based Target–to its list of retailers deploying its platform and mobile app that gives you points for simply walking in a store.

Meebo Foursquarifies the Web with Check-ins

Amazon Remembers Forgets Barcode Scanner