Foursquare plans to offer personalized coupons through a redesigned app in July, part of a larger effort to start making money through the location-based social network. The Wall Street Journal reported that Foursquare will allow merchants to pay for special placement of personalized local offers. Foursquare already offers specials for users, but it hasn’t charged...
PayPal is keen to extend its reach into new markets, which includes a push into China, and now the online payment specialist has confirmed its move into Japan, as the Wall Street Journal reports. In keeping with many other International firms, it has launched a joint venture picking leading operator SoftBank — which is involved...
In recent years a flurry of electrified two-wheeled motorcycles and scooters have emerged from companies like Zero, Brammo, Mission Motors, BRD and Evolve. While some are still in the prototype phase (I’m looking at you BRD!), others have shown rapid advancement to meet rider needs, preferences and performance. Though they’re still light years away...
PayPal is forming a joint venture with Softbank Corp. to help launch its small business mobile payment product PayPal Here in Japan. The joint venture, called PayPal Japan, will include investments of $12.5 million each from both PayPal and Softbank, a leading telecom and Internet company. The partnership should give a big boost to...
PayPal and mobile operator Softbank are getting together to launch a joint venture in Japan that should extend the payment subsidiary’s reach in Asia. It’s a 50-50 effort for PayPal, which is owned by eBay, and Softbank. Each company is investing 1 billion Japanese yen or $12.5 million into the venture and they’ll each...
A staggering 95 percent of the world’s oceans remain undiscovered, but forget James Cameron’s voyages into the deep, let’s start by identifying this weird thing caught on film. The video was posted by Reddit user Daesleepr0 and is yet to be identified. Comments on the site have speculated that this isn’t a new species at all...
Back in September, Jon Tirsen and Douwe Osinga, two ex-Googlers, unveiled their new mobile travel guide, Triposo, setting out to do for travel content what Google and PageRank did for search. The startup developed a set of algorithms to crawl and parse the Web’s biggest travel information databases (like Wikitravel and Open Street Maps),...
Fresh from admitting that it hasn’t fully implemented China’s new rules for microblogs, Web giant Sina is set to introduce a ‘user contract’ for its popular Twitter-like Sina Weibo service at the end of May, as it continues to battle to control sensitive information on the site. The terms, spotted by former TNW editor Chad Catacchio,...
IPOs are wildly profitable deals for Wall Street investment banks, and they come with huge bragging rights. So it’s no surprise that the biggest Wall Street banks fought over the Facebook IPO for years. The inside story of the Facebook showdown reveals a lot about the relative status of Wall Street banks in Silicon...
Fab.com has grown exponentially since its pivot just over a year ago. While the new company eventually raised impressive rounds, its founders figured out how to balance their budget efficiently and maximize their funds. Watch below an excerpt from our keynote interview with Fab CEO Jason Goldberg at Startup 2012, where he discusses the...