transactions

One Less Groupon Clone: J.P. Morgan Chase Acquires Bloomspot

Tricia Duryee in Commerce on December 20, 2012 at 6:56 pm PT

J.P. Morgan Chase is acquiring Bloomspot, one of the smaller daily deals companies in the U.S.

Amazon Quietly Jumps Into Another Business: Lending Money to Sellers

Tricia Duryee in Commerce on September 28, 2012 at 5:12 pm PT

The new program, called Amazon Lending, is being offered to existing Amazon sellers who are looking to purchase additional inventory and increase sales.

Groupon’s Mason Says New Payments Business Will Help Sell More Deals

Tricia Duryee in Commerce on September 21, 2012 at 3:35 pm PT

Groupon’s stock is trading 12 percent higher after the daily deals company announced its move into the payments business earlier this week.

Online Commerce Trend: More Spending, Smaller Purchases

Tricia Duryee in Commerce on January 20, 2012 at 12:22 pm PT

The average checkout size is shrinking, even though more people spent more money online. Why? Here are three reasons.

With No-Yahoo-CEO Pledge, David Kenny Back in the Strategic Fray

Kara Swisher in Media on November 8, 2011 at 12:42 pm PT

What will David Kenny do? Maybe get something cooking in the whole what-will-Yahoo-do stakes, now that one of Yahoo’s more active board members is back.

Voices

The M-Commerce Tipping Point Is Now

Jane Randel, SVP, Corporate Communications & Brand Services, Liz Claiborne in News on April 27, 2011 at 2:17 pm PT

With the age of the PC declared officially over–smartphones outsold PCs for the first time in 4Q 2010–American retailers are all asking the same question: When will the m-commerce tipping point arrive? The answer is, it’s happening now.

Voices

Google Sets Role in Mobile Payment

Amir Efrati and Robin Sidel, Reporters, The Wall Street Journal in News on March 27, 2011 at 10:30 pm PT

Google Inc. is teaming up with MasterCard Inc. and Citigroup Inc. to embed technology in Android mobile devices that would allow consumers to make purchases by waving their smartphones in front of a small reader at the checkout counter, according to people familiar with the matter.

Google’s Eric Schmidt Shows Off Movie Studio, a Tablet Video-Editing App

Ina Fried in Mobile on February 15, 2011 at 8:58 am PT

Speaking at Mobile World Congress, the Google executive says that contrary to critics, devices are actually improving human connections. His talk is just getting started. Click here for live coverage from Mobilized’s Ina Fried.

News Byte

Visa Expands Digital Payment Options With Purchase of PlaySpan

Tricia Duryee in Commerce on February 9, 2011 at 11:40 am PT

Visa has agreed to acquire PlaySpan, which handles transactions for virtual goods in online games, digital media and social networks around the world. Visa will pay about $190 million in cash, plus undisclosed payments for hitting future milestones. The Santa Clara, Calif., company is privately held and backed by Easton Capital, Menlo Ventures and other funds.

Inside Facebook's Big Move to Menlo Park

Liz Gannes in Social on February 8, 2011 at 1:00 am PT

Facebook is holding a press conference later today to announce it will move to a campus in Menlo Park, Calif., that the company expects to become its long-term home.