PayPal will attempt a significant diversification initiative, expanding to mobile and offline payments. If you ask Scott Thompson, PayPal’s president, “PayPal is re-imagining money and making ti work better for merchants and consumers – whatever device you’re on, wherever you are in the world, and however you prefer to pay,” he wrote on PayPal’s blog. READ MORE
Turntable.fm, an online music service, caught on this summer as a way to share and discover music online. On Wednesday the New York-based company announced that it has raised $7 million dollars in a founding round led by Union Square Ventures. The company announced that it also released a version of its product for the iPhone. READ MORE
Apple has learned a valuable lesson. Striking back against a critic in a public forum, a place that receives thousands of customers each daily, can lead to negative attention. READ MORE
Two new websites, one for job hunters, the other for investment seekers, have launched with algorithms promising the perfect fit. READ MORE
Tremor Video has announced that the company has completed a $37 million round of funding led by New York-based W Capital Partners. ComScore ranks Tremor number one among independent video ad networks. The company now has $115 million, about half of which has been set aside for acquisitions, according to company CEO Bill Day. READ MORE
Yes, Twitter has been banned in mainland China since 2009, but “let a thousand microblogs bloom” the company says. Twitter has announced that it will be adding Hindi, Malay, Filipino, and traditional and simplified Chinese to its platform. READ MORE
Cruising down the parkway, close to home, your phone vibrates. It’s an important text-message from work. You just have to answer, even though you’ve heard about distracted-driving dangers — and about the laws against it. Well, now Sprint may take that choice away from you. READ MORE
Scientists have developed technology that turn a human body into an antenna, allowing you to control computer technology by gestures. You’ve seen the program’s predecessors. Well, you’ve played using them, using the Wii’s controller to golf, bowl, and practice your virtual backhand. READ MORE
TripIt, a travel application for mobile devices, announced that it has developed a version of the app for devices that work on the Android platform. The app provides news and travel data gathered from TripIt’s user base. READ MORE
You may rest assured that a person typed these very words you read, from the 29th floor of a skyscraper at World Trade Center Plaza. But for how long will your news stories, magazine features, and blog posts stay produced by man remains very much in question. READ MORE
