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Surprise, Surprise: Amazon Doesn't Say How Many Kindle Fires It Sold
Amazon is notorious for sharing very little information about how its products and business units perform. Its new Kindle Fire tablet is no different. Amazon just reported its fourth quarter financial...
View ArticleHow Does Facebook Make Money?
Facebook's first few days on the stock market are in the books: Shares closed Tuesday at $31, down significantly from their $38 issue price. You may wonder: How does Facebook make money? Sure, 900...
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The Tech CEO Hall of Shame
In the grand pantheon of disgraced technology company CEOs, the resume blunder of ousted Yahoo Chief Executive Scott Thompson seems almost trivial. Claiming an unearned degree pales in comparison to...
View ArticleKayak Tests the Post-Facebook IPO Market
In the wake of the troubled Facebook public offering, Kayak is finally launching its own IPO into uncertain waters. The move seems especially bold during a period when other Web startups have received...
View ArticleBig Data Is Creating Big Job Demand
Programming and development abilities top many employers' most-sought-after-skills lists, as big data and mobile-platform development jack up demand to new levels. Wall Street firms, for example, are...
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High-Profile Game Publisher THQ Goes Bankrupt
Five years ago, game publisher THQ was worth $2 billion. On Wednesday, with a market cap of just over $11 million, THQ filed for Chapter 11 bankruptcy protection. Years Of Bad Decisions The fall is the...
View ArticleFacebook Stock Hovers At $30 As Q4 Earnings Approach
A full week away from its first fiscal year earnings report as a public company- Facebook shares are holding fast around $30 a share. After the sky-high IPO and subsequent nosedive, Facebook has perked...
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Bloomberg Billionaires Index Challenges Tech Assumptions
On Wednesday, Bloomberg released a new website for its Bloomberg Billionaires Index, complete with some snappy data visualization tools. While we'd like to see a few more features added to the mix (a...
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10 Reasons Why Now Is Not A Good Time To Buy Apple Stock
My nephew called me the other day, the morning before Apple released it fourth quarter earnings last week, and asked me if he should buy Apple stock. His "friend," a stock broker, said he couldn't...
View ArticleDell Takes Itself Private In $24.4 Billion Deal: With Help From Microsoft
Dell Inc. confirmed Tuesday that it has agreed to a $24.4 billion deal that will take the company private, removing the second-largest PC company from the prying eyes of investors, analysts and...
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Fireballed: How Bad Advice Cost Apple Investors Millions
Philip Elmer-DeWitt of Fortune ran a chilling story last week about Andy Zaky, an "Internet-trained" hedge fund manager who led naive investors over a cliff by investing in Apple. (The Rise and Fall of...
View ArticleApple To Investors: OK, OK, We'll Show You The Money
If you listen to a rising chorus of Apple investors, it seems increasingly clear that Cupertino will soon dance a Wall Street jig and offer either a share-buyback plan or a higher dividend. Either of...
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Tax Time Tip: 3 Ways The IRS Is Tracking You Online
If you haven't filed your taxes yet, you might want to triple-check your math before you do. That's because the IRS employs a more watchful eye than ever, thanks to Big Data analysis and digital...
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Brave Businesses Buy Into Bitcoins: Is It A Bubble?
Bitcoin is known as an underground digital currency with neither government regulation nor a central bank. It relies on peer-to-peer transactions and complex cryptography to bypass traditional payment...
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Facebook - And Dozens Of Banks - Ask Court To Throw Out IPO Lawsuits
Facebook is currently facing 31 consolidated lawsuits over its bungled $16 billion IPO last May, and the social media giant and dozens of banks have joined hands in asking a federal judge to throw...
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Why Pinterest Could Be Worth Far More Than $2.5 Billion
Guest author Derek Brown is a technology executive and analyst who blogs at One Blind Squirrel. Pinterest is a three-year-old start-up with what is rumored to be no revenue to date. Zero. In fact, by...
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7 Things To Consider Before Selling Your Company
While getting acquired is something many young startups hope, dream and sometimes even plan for, the actual deal doesn't always follow the script. One reason startup acquisitions often don't go as...
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Smartphones Have Bridged The Digital Divide
Since at least the 1990s, when personal computers first became commonplace, public policy experts have worried the ill effects of a Digital Divide. That is, a learning, socialization and economic gap...
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PayPal's Micropayment Solution Opens to the Public
Online payment company PayPal has opened up its micropayment solution to "game developers, media publishers, or anyone interested in selling digital content on a global scale." The solution was first...
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Lost Credit Card? Suspicious Charges? ClairMail's Fraud Solution Could Save...
We've all been there: You're making the last purchase of a long day of shopping and the clerk tells you that your card has been declined. Only hours later (and perhaps after embarrassingly arguing with...
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Square's "Simple Revolution": No More Per-Transaction Fees
Mobile payment startup Square, named after the tiny white device that turns any iPhone into a credit card processing payment system, announced this morning that it would be leaving other payment...
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Visa Announces P2P Payment Service for U.S. Customers
Credit card giant Visa announced a new peer-to-peer payment service today that will soon give its U.S. customers the ability to receive and send money from their Visa accounts. The new personal...
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Ready For Zero - Bringing Transparency to Online Debt Management
As of June of 2010, the total U.S. consumer debt was $2.40 trillion. As much as 98% of the revolving debt in the U.S. is credit card debt, and the average household carries about $8000 in credit card...
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World Bank to Launch Web-Based Platform for Urban Development
The World Bank has announced the launch of a Web-based urban development platform for July 1. In conjunction with the University of Pennsylvania's Penn Institute for Urban Research, the Urbanization...
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A Challenge to PayPal? American Express Launches Digital Payments
Less than two weeks after Visa's announcement that it was launching its own peer-to-peer digital payment system, American Express is getting in on the game as well. The credit card company today...
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Charge It: Square Gets a Visa Investment
Visa may have just launched In2Pay, a mobile payments solution of its own, last December but why should that stop it from funding rival mobile payment systems? The answer is that it shouldn't and it...
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Bank of America App Comes to Windows Phone 7
Being able to do whatever I need with my bank account is one of my favorite parts of having a smartphone. Well, that and the 10,000 other things made simple by the tiny pocket super computer that I...
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Google Advisor Wants to Help You Find a Better Bank
Google has been offering users a mortgage comparison tool for a couple of years and has slowly added new financial products to that comparison tool as well, including credit cards, CDs, and banking...
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Manage Your Household Bills, All in One Place, with Manilla
As much of our lives are now conducted online, we still all receive a surprising amount of paper in the mail. Even with the advance of online banking and bill pay, much of what we lug in from the...
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Making Cash an Option for Digital & Mobile Payments, Dwolla Launches "Grid"
Online and mobile cash-based payment service Dwolla has launched its first API (application programming interface), which the company calls "Grid." This tool allows for the integration of Dwolla's...
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China's Daily Deals Site Wants You to Think it Can Take Down Groupon
Lashou.com could become China's first daily deals site to launch an IPO in the United States, pitting it against major challenger Groupon, according to a report by Bloomberg. But the news could be all...
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MasterCard Shows the Future of Mobile Payments Is In Your Senses
The future of mobile payments has the potential to invade your senses. MasterCard is showing off what could be the next wave of innovation in payments this afternoon at an event in New York City....
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Intuit Showcases Mobile Payments Innovation, Introduces Dongle-to-Debit Card
Financial management system Intuit had an event in Mountain View this evening to show off its next generation of mobile payment solutions. From its dongle-based Square competitor, GoPayment, to the...
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Jumio Turns Smartphones Into Credit Card Readers, Without the Dongle
Mobile payments startup Jumio wants to disrupt the way transactions are made with a smartphone. What Jumio does is enable smartphone users to take a picture of a credit or debit card and charge an...
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Wealth of Nations 2.0
The global economy has existed for at least 5 centuries now. During the 1400s and 1500s, explorers traveled from different parts of the world to establish trade routes and set the first foundations...
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What Could Wal-Mart Do With Square Mobile Credit Card Readers? [Updated]
Mobile credit card transaction platform Square is coming to the nation's largest retailer. Square has struck a deal with Wal-Mart that will bring the dongle into retail stores across the country. The...
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Mint.com's New iPad App Offers Better Engagement
Personal finance manager Mint.com just released their long-awaited iPad app. It is now available in the iOS App Store.The Mint iPad app offers a more engaging way to view your finances than the...
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Verifone Acquires Global Bay to Give Retailers Flexibility At the Point of Sale
Payments hardware and software company Verifone today announced the acquisition of Global Bay to bring flexibility to the point of sale to retail stores across the world. Verifone is locked into a...
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PayPal Processing $10,000 in Mobile Payments Per Minute [Infographic]
PayPal and eBay really want you to know that it is a player in the mobile payments realm. Especially with the holidays coming up and more consumers than ever expected to make purchases from mobile...
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Transfer Money Via NFC with the PayPal Android App
PayPal today issued an update to its Android app that will enable people to make payments to each other via near field communications enabled smartphones. This does not include consumer to merchant...
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A Coke Machine, A Dorm Room, A Gate: How NFC Will Be Adopted
Whenever people think of near field communications, they think of mobile payments. Your phone becomes your wallet and spending money becomes as easy as tap, tap, tapping all day. Well, the era of your...
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MasterCard + Intel: The Confluence of Tech and Payments Industries
MasterCard, the longtime credit card and payments processor, wants to reposition itself as a technology company. Throughout the latter half of 2011, it has been pushing hard on the technosphere to...
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Having Survived Gowalla, SCVNGR's Path Is Clear
Several years ago, three location check-in based startups stormed the tech world. Since then, Foursquare has taken off to somewhere near 15 million users, Gowalla has essentially died and the third...
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Like Dwolla, SCVNGR is Building Local Mobile Payments Groundswell With LevelUp
SCVNGR, by its nature, is a social-based location game. It has partnerships with brands and universities, but, as CEO Seth Priebatsch will admit, it does not inherently lead to sales at the register....
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MasterCard's Partnerships Show Its Evolution Towards Being A Tech Company
MasterCard is continuing its big push to become known as a technology innovator and today it announced a strategic partnership and investment with mFoundry, a software-as-a-service mobile banking...
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LevelUp Releases HTML5 Web App To Make Its Payments Solution Ubiquitous
LevelUp, the mobile payments wing of location-based gaming startup SCVNGR, is launching a mobile Web app today to compliment its Android and iOS apps. LevelUp has been available in San Francisco,...
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Subplots & Politics: Google Wallet's Precarious Path to Success
This was more or less an inevitable outcome: the Samsung Galaxy Nexus on Verizon is not going to launch with the Google Wallet. Verizon has said that it is not blocking the application but rather that...
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Visa Certifies 6 Smartphones for Its NFC Mobile Payments App
Visa is beginning to make its move in the mobile payments space. While MasterCard has heavily featured its near field communications capabilities and exclusive partnership with the Google Wallet, Visa...
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Apple's Growth Rate Is Simply Incredible... And It's Accelerating
There are plenty of impressive stats in Apple's December quarter earnings report, such as 37 million iPhones shipped, $46 billion of overall sales, and $13 billion of profit.But Apple's most...
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Reimagining Finance: StockTwits
Mary Meeker's recent Internet Trends presentation introduced a new buzzword into the tech world: reimagination. Meeker listed 50 different market categories that are in the process of being reimagined...
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