Daily Archives: August 22, 2012

PayPal taps Discover to bring in-store payments to 7M locations

August 22, 2012
PayPal taps Discover to bring in-store payments to 7M locations

PayPal has lined up the biggest partnership to date for its in-store payment campaign, tapping credit card company Discover in a deal that will ultimately bring PayPal payments to seven million merchant locations in the U.S. Under the partnership, PayPal will utilize Discover’s credit card network to enable PayPal users to make payments at...

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Amazon’s Kindle hits stores in India as digital bookstore launches with over 1 million titles

August 22, 2012

With a population of 1.2 billion, India is a huge market with bags of potential for tech firms and, with that in mind, Amazon is expanding its global reach and stepping up its presence in the country after launching the India Kindle Store and making the Kindle reader available countrywide. The company has revealed...

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Australian government passes controversial cybercrime data retention bill

August 22, 2012

The Australian Senate today passed the Cybercrime Legislation Amendment Bill 2011, which allows Australia to accede to the Council of Europe Convention on Cybercrime and brings into place some controversial cybercrime law enforcement measures. The most controversial measure introduced will allow other countries on the Council to serve notices to domestic ISPs requiring them...

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Rocket Internet’s China operations set to crash unless it finds new investors

August 22, 2012

From the looks of it, Rocket Internet, the perennial clone producer from the Samwer brothers, may be in trouble overseas. On the heels of reports last week that the self-described startup accelerator might be closing in Turkey, we’ve heard from a reliable source that the company’s China operations could be on the brink as well. According...

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Telenav invites Android, Windows devs to use its navigation platform

August 22, 2012

Telenav is betting that navigation will be the next must-have feature in ever developer’s toolkit. It is opening up its HTML5-based GPS nav platform, Scout for Apps, to Android and Windows Phones developers, allowing them to embed voice-guided turn-by-turn directions into any native app. Telenav opened Scout to iOS developers back in March, so...

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To Kleiner Perkin’s web woes, add greentech

August 22, 2012
To Kleiner Perkin’s web woes, add greentech

Business Insider Editor-in-Chief Henry Blodget wrote an article on Kleiner Perkins that I actually agree with, pointing out how the once dominant VC firm has misstepped when it comes to its web investments — particularly its later stage investments in Groupon, Zynga and Facebook. But Blodget missed a big chunk of Kleiner’s fall from...

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Why Topic Pages Haven’t Worked For News Websites Yet

August 22, 2012
Why Topic Pages Haven’t Worked For News Websites Yet

Yesterday we outlined why topic pages are becoming increasingly popular on the Web, as a way to organize social or news content. As daily consumers of such content, we’re used to the chronological (and often real-time) ordering of updates from Facebook, Twitter, blogs and more. But the latest wave of Web publishing services, like...

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