Twitter Co-Founder Jack Dorsey Is Only Spending One Day A Week At The Company

The New York Times ran a piece this week about Twitter, saying that CEO Dick Costolo is “essentially running the business alone,” and that co-founder Jack Dorsey, who returned to the company last year after leaving in 2008, has assumed…

Square Launches A Search Engine For Merchants

Square announced the launch of the Square Directory, which it is calling “the first web-based search engine that enables customers to discover their favorite places by location or specific items; as well as find loyalty deals and specials.” As the…

Square Acquires 80/20 (Former Apple And Adobe Designers)

Square has acquired interface design company 80/20. 80/20 posted the following message to its site: At 80/20, we’ve been fortunate to work on amazing products and platforms. In every project, we’ve started with the belief that the best design gets…

Amazon Rumored To Be Working On Square-Like Service

Rumor has it that Amazon is working on a service that could compete directly with Square and others in the mobile payments space. Leena Rao at TechCrunch reports: “A tipster and an industry source both tell us that Amazon is…

Square Closes New Round Of Funding From Starbucks And Co.

Square announced today that it has closed a Series D round of funding from Citi Ventures, Rizvi Traverse Management, and Starbucks Coffee Company. The company said in its announcement: One year ago, Square had approximately 150 employees and processed over…

Square Launches Attractive, Flat Monthly Fee For Small Businesses

Square announced a new monthly payment plan for small businesses today, which would allow merchants to pay one flat $275 monthly fee, with 0% processing fees and no additional costs or contracts. The company says it is committed to offering…

Square Deal With Starbucks Could Be Huge For Mobile Payments In General

As previously reported, Square and Starbucks have entered a major partnership, which will see 7,000 Starbucks locations start offering Square as a payment option. Customers will be able to pay at Starbucks using Square’s payer application, from participating stores in…

Starbucks Should Help Push Square Further Into The Mainstream

Square announced that Starbucks has signed up for the service, which is obviously a HUGE step in major Square adoption. “Square began with a really simple idea: everyone should be able to accept credit cards,” said CEO Jack Dorsey, in…

PayPal Introduces Mastercard Payment Solution

If you’re a frequent user PayPal, you’ll be happy to see that they’re making the prepaid Mastercard available at 7-Eleven stores, and other chains owned by 7-Eleven. With 110 million customers and counting, PayPal wants to entice customers to start…

Square Inc. Doubles its Reach to Over 20,000 Retailers

Back in April, Twitter’s Jack Dorsey announced that his newest venture, Square Inc was already processing about $5 billion worth of transactions per year, and being used at almost 10,000 stores around the country. Today, that number has doubled and…