VivoTech tacks on $8.6M for wireless credit-card transactions
VivoTech, provider of infrastructure for wireless credit-card transactions, just added $8.6 million to a now $40 million third round of funding open since 2007. Its technology lets people make payments via radio frequency enabled credit and debit cards and some mobile phones. The Santa Clara, Calif.-based company has already sold 470,000 of its payment terminals in 35 countries. It is also developing systems for use with taxi cabs, vending machines and ATMs.
Previously, VivoTech raised $52… Continue Reading
Roundup: Anti-piracy law under attack, SEC goes after Mark Cuban and more
Here’s the latest action:
Harvard professor attacks music industry law — Harvard Law School professor Charles Nesson will attempt to overturn the Digital Theft Deterrence and Copyright Damages Improvement Act of 1999 by arguing that it unconstitutionally allows a private group to carry out civil enforcement of a criminal law by fining alleged music pirates.
SEC charges Mark Cuban with insider trading — Cuban is accused of dumping shares of Mamma.com shortly after learning that the company would raise… Continue Reading
Roundup: Facebook’s cashout, Google-Yahoo delayed and more
Here’s the latest action:
Google and Yahoo delay ad deal — The delay gives the Justice Department more time for its antitrust investigation. This news, as well as calls by Sen. Herb Kohl (chair of the Senate Antitrust Committee) for more scrutiny, probably doesn’t bode well for the deal, though it may buy the tech companies more time to negotiate.
Wells Fargo plans merger with Wachovia — Friday’s announcement came only four days after Citigroup agreed to buy Wachovia’s… Continue Reading