VeriFone calls it quits on mobile payments

It has barely been eight months since VeriFone announced its Sail mobile payments system, but the company is already retreating from the market.

Square prepares for big move to accommodate 1K employees

Putting its new money to good use, Square signed a lease on a 150,000 square-foot space at 1455 Market Street in San Francisco's Central Market neighborhood.

Square buys NYC U.I. design firm behind Sony and Second Life projects

Mobile payments startup Square, just two weeks after closing more than $200 million in new funding, announced the acquisition of New York design firm 80/20.

Groupon circles Square with new payments service

Groupon is now offering all of its merchants in the U.S. a way to accept credit card payments at low rates through mobile software and card reader attachments for iPhone and iPod Touch devices.

Twitter’s Jack Dorsey: I hacked a company’s email server to get my first job

Jack Dorsey confessed something on stage here at Techonomy Detroit today: He hacked into the world's largest dispatch company's email system in order to get a job.

PayPal: how we’ll win in mobile commerce

It’s getting to be a tough market in mobile commerce. Google and Apple are both out with solutions that approach digital wallet status, upstart startups like Square are claiming merchant mindshare, and the original mobile payments company, PayPal, is having …

Square makes Jack Dorsey a billion dollar man

Jack Dorsey is about to be a billionaire — on paper, at least.

The Twitter creator will be catapulted to billion-dollar-man status when his payments startup Square closes a $200 million funding round at a $3.25 billion valuation, as the …

Whoops! VeriFone’s Sail user agreement ripped off Square’s

VeriFone’s Sail mobile-payments platform was clearly a Square wannabe from the beginning — now it seems that’s more true than we initially thought.

VeriFone apparently lifted significant chunks of its user agreement from Square, GigaOm’s Ryan Kim has discovered. While …

Former White House aide joins startup’s board of directors

Mobile payment company Square today added former Obama Chief Economic Advisor Larry Summers to its board of directors.

If you didn’t follow Summers’ political career, you may recall him as Harvard’s President in The Social Network. Although the movie is …