Foursquare has received a $15 million investment from Microsoft. As part of the deal, Microsoft received a multi-year licensing deal for Foursquare’s location data, the company said in a Feb. 4 blog post. The $15 million will be included in the money Foursquare raised in December....
OpenTable, an app that allows users to reserve tables at participating restaurants, is now testing a mobile payments function in a pilot based in San Francisco. The developer announced in a Feb. 6. blog post on its company website that OpenTable users can pay their bill on...
04 March 2014 Vitacost.com, a vitamin and supplement e-tailer, is exploring its options, such as a potential sale, after continuing to post losses. Sales were up 16 percent year over year in 2013 compared with the previous 12-month period, Internet Retailer reported on March 3....
Virtual Piggy, developer of the youth-oriented online wallet Oink, says the Discover Network will power its service. The company will launch the updated service in the U.S., followed by launches in Europe and Asia later in 2014, according to a company statement. “Discover and Oink...
Next week, a startup called Pave will be launching a new group of New York “Rising Stars,” who will be able to take advantage of the company’s unusual investment program designed to help individuals, including recent college graduates, get their careers off the ground. (Jump...
Consumer sentiment regarding mobile payments has improved “drastically,” as social media conversations have moved to discussions over which options should be used and which are most secure, according to a new MasterCard report. In its second annual global Mobile Payments Study, conducted with PRIME Research,...
04 March 2014 Irish Airline Ryanair is collaborating with PayPal Ireland to help advance sales. Their goal is to enable Ryanair customers to buy flight tickets using PayPal’s smartphone software. As a member of Ryanair’s board, Louise Phelan, PayPal vice president of global operations for...
05 March 2014 Hashtag activator Chirpify has introduced #Actiontags for TV, enabling consumers to post to Twitter, Facebook or Instagram using the “activated hashtags” they see on TV to instantly purchase products or respond to campaigns. For example, consumers who tweet #testdrive in response to...
06 March 2014 Ripple Labs, the creators of the Ripple open-source, distributed payment protocol, is hoping to increase its market traction by opening up to developers with a portal designed specifically for them. Initially the portal will house the new Rest API, with plans to...
