News Byte

Jack Dorsey’s Holiday Gift to Square: 10 Percent of His Shares

In a rare move for any executive, Square CEO Jack Dorsey has returned about 10 percent of his stake — or about three percent of all company shares — back to the company. The move, which Fortune reported this morning, will expand the pool of shares that Square can dole out to current and new employees, whether they come through normal hiring or acquisitions.

News Byte

Square Acquires, and Will Shut Down, Evenly

Square said on Wednesday that the four-person staff of a startup called Evenly will be joining the Jack Dorsey-led company in what is essentially an “acqhire.” The Evenly app, which will be shut down early next year, aimed to help people collect shared expenses from friends and others.

News Byte

Square Unveils a Redesigned Square Card Reader

Square this morning announced the release of its new Square credit- and debit-card reader, available now on and in the new year at partnering retail stores. The company said the new reader is almost half as thin as the previous one and should result in fewer swiping errors, while becoming compatible with more devices.

Square Has Jumped on the E-Commerce Curation Bandwagon, Starring a Wacky Lumberjack Video

If you’re an e-commerce marketplace and you don’t “curate” your goods into “collections,” do you really exist?
Square market lumberjack

Some Flight Attendant Just Paid Richard Branson 350 Bitcoins to Become an Astronaut

You, too, can now use the virtual currency to fly into space.
richard branson

As Starbucks Chief Howard Schultz Departs Square’s Board, Former Goldman Sachs CFO Joins

The departure and the new addition each raise their own set of questions.
Howard Schultz headshot

Square Cash, the Service That Lets You Email Money to Friends, Is Now Public (And Free)

The new service from Square will pit it against PayPal, Google and Venmo.

Square Competitor Leaf Scores $20 Million Investment From Payments Giant Heartland

A big vote of confidence for the mobile POS upstart.
Leaf Point of Sale tablet

Square and Intuit Play Nice With New QuickBooks Integration

The partnership is a sign that Intuit is serious about building an open platform.

Intuit Overhauls QuickBooks Online as Competition for Small Businesses Ramps Up

A new look and approach for the legacy software.

With a New Mobile App, Can PayPal Be All Things to All Shoppers?

Facebook to Test Its Own PayPal Competitor in Bid to Simplify Mobile Purchases

Square Loses Two Execs, Including One Out Before His First Day on the Job