Square Reveals A Reader For Chip Payment Cards Ahead Of Coming U.S. Launch

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hero.medium-0517f5b8087c297d54fc6be57a71666e Square is set to bring its payment card reader for mobile devices in line with modern tech used most places in the world outside of the U.S. – today it revealed its upcoming EMV and chip-compatible dongle, which will be available soon for pre-order with an estimated ship date of sometime in 2015.
The new reader looks very similar to the existing one, but it’s designed to read… Read More

Founders On Depression

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8617801956_5c58b0fc35_k Last month, I wrote a post asking people working in startups to seek help if they are dealing with depression. It was a personal plea, because I have dealt with depressive episodes since I was a teenager and hate thinking about other people suffering without support. The scope of my advice is limited, however, because I don’t have the experience of balancing the emotional and… Read More

Nintendo Posts A Loss Despite Wii U Sales Tripling During The Quarter

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Zelda Wii U E3 2014 Nintendo’s quarterly results are out (via WSJ), and the company saw disappointing sales of both its hardware platforms, with the Wii U managing to triple sales but still only achieving 510,000 units shipped overall, and the Nintendo 3DS dropping below a million units moved with a 41 percent decline in sales year-over-year.
The release of Mario Kart 8 still managed to buoy the… Read More

Google’s European Privacy Rights Debate Forum Calls For Public To Weigh In

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Europe Earlier this month Google announced its committee of Google-selected “experts” who are sitting in public judgement on Europe’s so-called ‘right to be forgotten’ (rtbf) ruling — by interrogating privacy-related issues, holding public meetings, banging the debate drum and generally doing the work of a public policy thinktank at Google’s behest. The… Read More

Amazon To Invest $2B In Its India Marketplace As Competition With Flipkart Intensifies

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Rupees by Flickr user Gopal Vijayaraghavan Just one day after Flipkart disclosed that it had raised as massive $1 billion round, Amazon has upped the ante by announcing that it will invest $2 billion in its Indian marketplace, which it launched about a year ago. In a statement, Amazon founder Jeff Bezos said “At current scale and growth rates, India is on track to be our fastest country ever to a billion dollars in gross… Read More

Eastern Europe Gets A New Venture Fund In Fiedler Capital

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Central and Eastern Europe has got a new venture fund in the shape of Fiedler Capital. Headed up by managing partners Robert Hegedüs and Jordan Bocskov, the new seed and early stage venture capital firm is looking to invest up to €250,000 in startups from Central and Eastern Europe and the Baltics. It’s headquartered in Vienna, Austria but also has operations in Budapest, Hungary.… Read More

Pricey Data Is A Barrier To Internet Access In Developing Countries

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3601654579_7ca60de8b0_o Tech companies, including Microsoft, Facebook, and Nokia, are counting on the “next billion,” or users in developing countries who are just getting access to the Internet, to fuel their future growth. Despite increasing access to technology, including the rapidly growing penetration of inexpensive mobile devices, there are still several major obstacles to Internet access,… Read More

Microsoft Announces Windows Phone 8.1 Update 1, Which Will Greatly Expand Cortana’s Footprint

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Screen Shot 2014-07-29 at 8.21.14 PM Fresh on the heels of the announcement and partial release of Windows Phone 8.1, Microsoft has a new dose of code for users of its smartphone platform: Update 1.
Akin to Update 1 for Windows 8.1, Update 1 for Windows Phone 8.1 contains a welcome mix of quality of life and feature upgrades. I haven’t had any hands-on time with the code, so consider this post a preliminary look at what… Read More

Netflix And AT&T Sign Peering Agreement

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Screen Shot 2014-07-29 at 4.10.42 PM Netflix has signed a peering agreement with AT&T that will see the video streaming service pay the ISP for direct connection to its network. Previously, Netflix signed similar agreements with Comcast and Verizon. Interconnection agreements do not deal with how content moves across the network of an ISP, but instead focus on how it gets onto the network. In short, Netflix customers… Read More

Facebook Is Shutting Down Gifts To Focus On Its Buy Button And Commerce Platform

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fb-gifts-rip Facebook wants to help other businesses sell things, so it’s done selling its own. Facebook Gifts will shut down on August 12th and stop selling gift cards for businesses like Starbucks and iTunes. Facebook tells me no layoffs will occur, and most of the team has already been reassigned to other commerce initiatives it’s concentrating on. Those include the Buy button for making… Read More

Eventbrite’s Power Duo Julia And Kevin Hartz Will Speak At Disrupt SF

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eventbrite We’re thrilled to announce that Eventbrite co-founders Julia and Kevin Hartz will be joining us for an on-stage interview at Disrupt SF 2014 — the tickets for which are sold by Eventbrite, natch. Julia and Kevin Hartz are married now, but they weren’t when they paired up with Renaud Visage to start the incredibly popular self-service ticketing company that lets users… Read More

Twitter Skyrockets After Reporting Big Q2 Revenue Of $312M, Profit Of $0.02 Per Share

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twitter-earnings This afternoon Twitter reported its second quarter financial performance, including revenue of $312 million, and earnings per share of $0.02. The street had expected Twitter to lose a penny per share on revenue of $283.07 million.
Its revenue in the quarter was up 124 percent from the year-ago period. In the second quarter of 2013, Twitter’s revenue totaled $139.3 million. In its most… Read More

Twitter Picked Up 16M Active Users In Q2

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twitter In its most recent quarter, Twitter didn’t just report stronger-than-expected financials. It also showed continued user growth, which has been an ongoing concern for the company. Twitter says there were an average of 271 million monthly active users, compared to 255 million in the first quarter of this year. (Of that total, 211 million active users were mobile, representing 78 percent of… Read More

Microsoft Now Builds Nearly 95% Of All Windows Phones

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Screen Shot 2014-07-29 at 12.26.33 PM The Microsoft-Nokia deal closed, and Microsoft now builds and sells millions of phones each month. But more to the point, Microsoft now builds 94.5 percent of all Windows Phone devices. That’s according to adduplex, an advertising company that services the mobile platform. The company’s July report on the Windows Phone ecosystem indicates that in the month, devices that it marks… Read More

Google Docs, Sheets And Slides Get New Home Screens With A Taste Of Material Design

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Homescreens.withText.Alternate (2) Google has rolled out a new look for its Docs, Sheets and Slides productivity web app suite, with new homepages for each that present your content in a visual grid and that introduce just a hint of Material Design into the look and feel of the apps, with bold edge-to-edge fields of color and some basic animations. The new start pages for Docs, Sheets and Slides do make it a lot easier to find… Read More

Exchange Corp. Launches Cardless Payment Service With $3.3 Million Series A

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Screen Shot 2014-07-29 at 3.33.23 PM The Japanese startup Exchange Corp. has launched a new up-front payment service for online retailers called Paidy as it closes on $3.3 million in new financing. Launched by Russell Cummer, a former trader with Goldman Sachs in Japan, Exchange Corp. began as a peer-to-peer lending service in Tokyo, but is expanding to offer up-front payments as the market for those services begins to blossom… Read More

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