May 26, 2012 |
Groupon has begun testing a mobile credit card reader, encroaching on a domain innovated by Square that PayPal has also recently entered. The Groupon payment platform will charge a 1.8% transaction fee along with a 15-cent transaction charge. At that rate, the fee is less than Square's 2.75% or the 2.7% charged by PayPal Here and Verifone SAIL, another player in the market. However, Groupon's competitors don't have a transaction fee. Groupon is giving the card readers away free to merchants along with an iPod Touch, according to VentureBeat That's more than Groupon's competitors, which just hand out readers.
April 12, 2013 |
SAN FRANCISCO - The escalating cyber attacks on corporate and government computers have provided a rare opportunity for bipartisan legislation to address the problem. But rather than sailing through Congress, the latest cyber security legislation is exposing a fault line in the tech industry. On one side stand some of tech's biggest companies, such as Intel Corp., Oracle Corp. and IBM Corp., which are pressing for more government action. On the other side are thousands of smaller tech firms and privacy activists who have launched online protests to raise the alarm over a bill they say harms privacy and civil liberties.