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Strange bedfellows: Amazon sets up shop on Alibaba site
Amazon.com has opened an online presence on rival Alibaba’s Tmall superstore, according to Reuters and other outlets citing an Alibaba spokesman. [company]Amazon[/company] and [company]Alibaba[/company] are both…
Read MoreIf you thought cloud competition couldn’t get hotter, think again
Chinese e-commerce giant Alibaba has opened a data center hub in Silicon Valley, adding yet another gigantic player to a growing, but already hotly-contested cloud…
Read MoreOpenStack comes up huge for Walmart
For those skeptics who still think OpenStack isn’t ready for prime time, here’s a tidbit: @WalmartLabs is now running in excess of 100,000 cores of OpenStack…
Read MoreBraintree’s bitcoin API is now available to merchants in beta
PayPal’s developer arm Braintree has finished its initial integration work with Coinbase, and is opening up a beta program to its online…
Read MoreOn the way to $220M in funding, Instacart quietly changed its business model
In its early days, grocery store delivery startup Instacart made its money two ways: Through delivery fees and product markups. It charged…
Read MoreKickstarter dumps Amazon Payments in favor of Stripe
Crowdfunding powerhouse Kickstarter is taking its $529 million in annual pledges and moving them to a different payment processor. In a blog…
Read More2015: The “college experimentation” year of mobile payments
In November, when Dutchman Martin Wisjeimer became the first man to inject Bitcoin keys inside his hands, he captured the spirit of payments…
Read MoreBelarus blocks news and commerce websites over currency fears
Fearing a run on banks and shops due to a faltering currency, the authorities in Belarus have blocked several news and e-commerce…
Read MoreTwitter gets into the coupon business to woo advertisers
Twitter has introduced "Twitter Offers," which allow any retailer to turn a promoted post into a coupon. This is a substantial step for Twitter in the world of commerce.…
Read MoreJuniper: 1.6B people will make a mobile transaction in 2014
The smartphone may still be a long way from replacing the back-pocket or purse wallet, but people around the world are increasingly turning to their mobile devices to buy goods, transfer money and manage their bank accounts.…
Read MoreMicrosoft ties services into new African e-commerce portal as Internet.org app spreads
Microsoft is making a concerted effort to promote its services to people in emerging African markets, as part of a new e-commerce ecosystem aimed at the unbanked. Meanwhile, Facebook's Internet.org portal is opening up in Kenya.…
Read MoreSnapchat reportedly plans to become a mobile platform, much like China’s WeChat
A recent report says Snapchat wants to become a hub for other services. We can look to another messaging beast -- WeChat -- for an idea of what that might look like.…
Read MoreStripe is operating the payment machinery behind Facebook’s “buy” button
Stripe is starting to rack up payment processing deals with the heavyweights of social media, opening up huge potential for the growth of its credit card transactions business.…
Read MoreRocket IPO will reportedly value German e-commerce giant at $8B
Rocket Internet’s upcoming IPO looks to be a barnstormer. As reported by Reuters on Wednesday, the flotation on the Frankfurt Stock Exchange…
Read MoreJapan’s Rakuten buys cash-back e-commerce firm Ebates for $1BN
The Japanese e-commerce giant Rakuten is shelling out $1 billion for the U.S. cash-back site Ebates, a 15-year-old business that claims 2.5…
Read MoreAlibaba, expected to be the largest IPO in US history, has priced its shares
If Alibaba raises the amount of capital it hopes to, it will become the twenty-third largest listed U.S. company, bigger even than Amazon.…
Read MorePayPal bonds further with Braintree, putting one-touch payments in mobile apps
PayPal is taking up Braintree's Venmo Touch technology, which lets developers put a one-touch purchase button directly into their apps.…
Read MoreRocket Internet takes massive investment from PLDT, giving it a valuation of around $4.5B
The PLDT deal is largely about developing mobile and online payment technologies for emerging markets, but it also gives the market a hint at Rocket's worth ahead of a rumored IPO.…
Read MoreSoon Square will deliver your gourmet pizza as well as charge it to your card
Square is buying swish meal delivery service Caviar. The San Francisco startup could be what Square was missing to make its mark with independent restaurants.…
Read MoreTwitter buys CardSpring to start selling goods within its tweets
CardSpring links online and in-store commerce to social media through the credit card number. The acquisition could mean we could start do our future shopping (and purchasing) in our Twitter feeds.…
Read MoreTwitter’s “buy now” button could finally unlock micropayments for the media
Past experiments in micropayments on Twitter have flopped. Could the new "buy now" button be the answer struggling media companies and publishers have been longing for? Paul Armstrong looks at the potential rewards and challenges ahead.…
Read MorePayPal, Braintree combine dev programs, creating a single shop for mobile, online payments
Ten months after announcing acquisition, PayPal has merged it and Braintree's payments platform and developer operations. Startups and big companies alike now can offer PayPal services and Braintree's card processing through as single API.…
Read MoreBehavioral fraud detection firm BioCatch takes in $10M investment
The Israeli startup examines precisely how people use the banking and e-commerce sites it is protecting, in order to spot when something is out of the ordinary.…
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