Tricia Duryee in Commerce on January 20 at 12:22 pm PT
The average checkout size is shrinking, even though more people spent more money online. Why? Here are three reasons.
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
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.
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
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.
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.
News Byte
Tricia Duryee in Commerce on January 24, 2011 at 4:01 pm PT
MasterCard Worldwide has appointed Mung-Ki Woo to the position of Group Executive of Mobile. Woo will be responsible for commercializing and developing mobile payments for MasterCard around the world. Most recently, Woo was VP of Electronic Payments & Transactions at France Telecom, where he led the “Orange Money” mobile payment program, which was commercially available in several African countries, and deployed Orange’s mobile contactless payment services in Europe. Before that, he was CTO of a French interbank organization that specialized in electronic money systems.
Arik Hesseldahl in Enterprise on January 18, 2011 at 9:00 pm PT
One year later, it’s time to see what the world’s biggest software company and the world’s biggest IT company could do with $250 million and a year to collaborate on cloud products.
News Byte
Tricia Duryee in Commerce on December 13, 2010 at 3:43 pm PT
With roughly two weeks to go before Christmas,
eBay is predicting that holiday shopping via mobile phones has already peaked. The curve topped out yesterday–on the second Sunday of December, eBay said. In the U.S., mobile gross merchandise volume (GMV) grew to $5 million, a 127 percent increase over the same Sunday last year. On a global basis, mobile transactions generated $13 million, growing 165 percent. The e-commerce site said mobile shopping peaked between 1 pm and 4 pm EST, with more than 9,500 transactions being made per hour.