PayPal Wants You to Shop While Straphanging In Singapore

PayPal and others are looking to make mobile payments even more mobile.
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eBay Predicts Mobile Commerce Will Grow 60 Percent in 2012

EBay’s John Donahoe has drawn his mobile prediction line in the sand for 2012, and it is pretty jaw-dropping.
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Excerpts From the MasterCard Documents

MasterCard shared a presentation, “MasterCard Advisors Targeted Advertising Services,” with at least four companies earlier this year that outlines the idea of linking Internet users to information about actual purchase behaviors for ad targeting.

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Business Tech Spending Picks Up

After delaying technology purchases and upgrades during the downturn, businesses started spending strongly again in the fourth quarter, lifting profits at tech suppliers including EMC Corp., SAP AG, International Business Machines Corp., and Xerox Corp.

Facebook Testing Social Commerce Feature "Buy With Friends"

Facebook is testing a new feature called Buy With Friends to give users social incentives to increase their purchases of virtual goods from games on its platform, according to the company’s product marketing manager for commerce, Deb Liu.

Apple Using Cash to Secure Cache of Components

Asked last October about Apple’s plans for the nearly $60 billion in cash it had on hand, CEO Steve Jobs suggested the company intended to allocate some to future big-ticket purchases. But was he talking companies or components?

Another Big Bet on Mobile Payments: Boku Raises $25 Million

Is there big money in mobile payments–systems that let people buy stuff using their phones? Not yet, perhaps. But investors are betting there will be. Latest example: Boku, a mobile payment start-up that raised $13 million last June, has added another $25 million via a C round led by DAG Ventures. Benchmark Capital, Index Ventures and Khosla Ventures are all re-upping.
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Econalypse Fin

“The technology downturn of 2008 and 2009 is unofficially over.” This, according to Forrester, which claims technology spending will roar back to life in 2010.
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Customers Stick With Technology Services During the Downturn

Most public-opinion surveys seem to confirm what one would expect. But every once in a while there’s a paradox or two, as in some recent findings by Accenture in the area of technology services. The consulting firm discussed some of its research in advance of the upcoming Consumer Electronics Show, which formally kicks off Jan. 7 in Las Vegas.

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PayPal Woos Developers in Bid to Protect Its Turf

EBay Inc.’s PayPal plans to unveil a new system that makes it easier for software developers to integrate the online payments system right into their programs–as the company takes new steps to protect its turf. With the new open software, called Paypal X, users won’t have to type their username and password into a separate PayPal Web site in order to complete a payment.

App Store: 1.5 Billion Served