Setting its competition scopes directly on Square, Groupon launched a credit card scanning service that boasts lower fees and an ability to track transaction activity. The service goes head to head against…
Square Closes $200 M Round, Processes Over $8 B in Annual Payments
Square, the mobile payments startup that turns any smartphone into a credit card machine, has raised an astonishing $200 million Series D financing round. AllThingsD, which first broke news of the investment,…
China Smartphone Market to Surpass US by Christmas
Growing 401 percent year over year, China’s smartphone market is the fastest growing market in the world, according to new analytics by Flurry, the mobile analytics firm. Though currently second behind the…
Apple Wins $1B+ for 6 of 7 Patents in Verdict Against Samsung
After only 21 hours of deliberation, a jury ruled mostly in favor of Apple, finding that Samsung had violated six out of seven patents, and awarded $1,049,343,540 to the computer giant. The…
Apple Hits $623B to Become History’s Most Valuable Stock
Propelled by the upcoming release of the iPhone 5 and a potentially smaller and more affordable iPad, Apple’s stock hit $664.74 this week, raising the company’s value to $623 billion, the highest…
Transitioning to the Digital World, Getty Images Sold for $3.3 B
Getty Images, the mega stock photo site, has been sold for $3.3 billion to the Carlyle Group, the Getty family and key management figures. The Carlyle Group will partner with the photo…
A Dozen times Around the Globe: Google’s Robot Car
Google’s self-driving robot cars have now clocked over 300,000 miles, the equivalent of driving 12 times around the world’s 25,000 mile equator circumference. And they’ve done it without an accident, or at…
Silicon Valley’s Fragile Ecosystem and the US Economy
By Igor Sill, Geneva Venture Management With the US economy continuing to suffer from one of the longest economic downturns since the Great Depression, some countries are enjoying far better economic times and…
iPad’s China Market Share Larger than Entire World’s
Apple’s iPad may be leading the tablet revolution with a global penetration of 68 percent, but it’s even more popular in China, where the iPad holds nearly 73 percent of the tablet…
Google Fined $22.5M “Traffic Ticket” for Safari Tracking
by MATT GALLAGHER, Red Herring The FTC fined Google $22.5 million to settle charges of bypassing privacy settings in Apple’s Safari browser, the largest civil fine ever for the commission, though at…