square

Picking up where Square (and possibly PayPal) left off, the increasingly popular ticketing company Eventbrite said today it is releasing a payments dongle for iPad that could make it simple for event organizers to quickly sell tickets and merchandise.

Eventbrite said its At the Door box office package--which includes both the dongle and an iPad app--is potentially the "final nail in Ticketmaster's coffin," given that the new system should make it easy for organizers to sell tickets to just about any event, as well as to get what vice president of marketing Tamara Mendelsohn called a "… Read more

LightSquared says it's not yet giving up its fight to build a nationwide 4G LTE network.

The company, which is backed by Philip Falcone's Harbinger Capital, has invested more than $4 billion into the network, which it hoped would be a wholesale alternative to wireless broadband networks run by AT&T and Verizon wireless. For the past year, the company has been fighting an uphill battle in Washington, D.C., where the GPS industry has rallied political support around its claims that LightSquared's network interferes with its receivers and therefore cannot be built.

So far, the … Read more

SAN FRANCISCO--When a startup attracts a giant competitor, it's both a concern and a compliment.

And this morning, PayPal confirmed that it's taking on Square, the San Francisco-based startup whose core business is a device that lets a merchant or individual accept credit cards though a cell phone.

PayPal, a unit of eBay, today released a blue triangle device that plugs into the headphone jack of a smartphone. It's called PayPal Here.

President and CEO of eBay John Donahoe opened up the event at Ghirardelli Square in San Francisco, a location chosen because it's a place … Read more

PayPal is expected to launch a mobile payment dongle that would allow small businesses to process credit card transactions with a smartphone, according to a GigaOm report.

The dongle, expected to be unveiled at an event Thursday in San Francisco, would put the payment processor in competition with Square, Verifone, and Intuit, sources close to the matter told the blog.

PayPal representatives declined to comment on the report but confirmed the company plans to make a product announcement Thursday.

"While we cannot comment on rumors and speculation, what we can tell you is that at the PayPal event on … Read more

If you've ever tried to pay for a cab with plastic, you're likely aware that the experience is a nightmare. While New York City cabs have been equipped with card readers for a few years now, drivers are often combative about accepting credit due to service charges and the time it takes them to actually get paid.

If Square has its way, however, using a credit card for cab fare could suck a little less--and might even become fast and easy.

The service, founded by Jack Dorsey, the seemingly sleepless creator and chairman of Twitter, has aimed … Read more

Jack Dorsey and the brass at Square--the startup he runs when he's not doing duty as executive chairman of Twitter, the other company he co-founded--always gets amazing press.

And often deservedly so. Square's main product, a sleek device that turns the iPhone into a credit card processor, is a game changer for many. It's made it easy for individuals and small vendors to accept credit cards with little hassle, paying a flat transaction fee of 2.75 percent.

Square late Sunday blasted out news about a new product, an iPad app called Square Register, that won it … Read more

Square is well-known in the payments business. Now it wants to replace a retailer's register.

The payments company has launched a new iPad application, called Square Register. Available for free in the App Store, the app is designed to replace a brick-and-mortar retailer's register, and can accept everything from credit card to cash payments.

According to Square, the application lets users input the many products they sell in their stores and assign prices to them. Those items can also be placed into a "favorites" list for easy access when customers buy a product. As with any … Read more

LightSquared CEO Sanjiv Ahuja has stepped down as the company's chief executive officer.

The decision, announced this morning, does not shed much light as to exactly why Ahuja resigned, but reports have already circulating suggesting it has to do something with the Federal Communication Commission's move to block the launch of its 4G network.

In November, Ahuja spoke at the Open Mobile Summit in San Francisco, arguing that there is a disparity between demand for data and the amount of available spectrum, and that the United States is not ready to handle those problems.

Nevertheless, Ahuja will continue … Read more

LightSquared, the wireless network company recently shot down by the FCC, is looking for a new CEO.

In light of the failure of the company to hold on to its waiver to operate a wireless network in satellite spectrum that is adjacent to GPS signals, the company's CEO, Sanjiv Ahuja, has resigned his post. According to a statement, he will continue to serve as chairman of the company's board.

Philip Falcone, CEO of Harbinger Capital, which contributed to LightSquared's $14 billion funding and who is now joining the company's board, said in the statement, "We … Read more