In 2013, Square introduced Square Cash as an easy payment system for sending money to friends and family. Today, Square made Cash available for businesses in the U.S.
Like the consumer version of Square Cash, payments are deposited directly into bank accounts with an intermediary holding account. The processing fee is just 1.5 percent — a little over half of the 2.75 percent fee it charges for transactions made with Square card readers.
Square has also introduced ‘$Cashtags,’ which let people quickly pay businesses online. These unique identifiers are used in Cash.me URLs—like Cash.me/$Wikipedia—which, when visited, show information about a business or user [...]
The Wikimedia Foundation today announced that it is filing suit against the National Security Agency (NSA) and the Department of Justice (DOJ) of the United States in an effort to bring an end to mass surveillance in the U.S.
It is joined by eight other organizations, including Human Rights Watch and Amnesty International USA, to challenge the government’s unconstitutional surveillance. The American Civil Liberties Union (ACLU) will represent them.
“We’re filing suit today on behalf of our readers and editors everywhere,” said Wikipedia founder Jimmy Wales. “Surveillance erodes the original promise of the Internet: an open space for [...]
Today is a sad day.
GigaOm, one of Silicon Valley’s first and most respected tech blogs, has shut down. The company’s About page explains:
A brief note on our company
Gigaom recently became unable to pay its creditors in full at this time. As a result, the company is working with its creditors that have rights to all of the company’s assets as their collateral. All operations have ceased. We do not know at this time what the lenders intend to do with the assets or if there will be any future operations using those assets. The company does not currently intend to file bankruptcy. We would like to take a moment and thank our readers and our community [...]
Are you ready to hear more details about the Apple Watch?
Well, Apple has scheduled an event for today at 10 a.m. PDT (1 p.m. EDT) at the Yerba Buena Center for the Arts Theater in San Francisco, where it is expected to share further details about its smartwatch, which it originally announced last September. The company has yet to share specifics like battery life, pricing for high-end models, and how exactly the device will interact with your iPhone. Apple is expected to reveal all of that at today’s event.
If you’re not in the audience this morning, we’ll be liveblogging the event right here on this page. Stay tuned!
Update: The event is now [...]