Several years back this company called Square produced a product that let people accept credit card payments on their smartphones using this portable swiper-thingy that plugs into the device's headphone jack. PayPal saw this and decided that it wanted in on this action, so it produced a similar offering known as PayPal Here. The solution worked with phones, but many businesses relying on such products for point-of-sale like to use tablets instead.
Last week a Wall Street Journal report suggested that Microsoft and Mojang were considering an acquisition worth upwards of $2 billion, and a Reuters article later stated that an announcement would come today, revealing an agreed price of $2.5 billion. Now it's official. Mojang's Chief World Officer Owen Hill has taken to its blog to confirm that the two and half billion dollar acquisition is definitely happening.
Speaking for Minecraft's creator, Hill says in the post that it was never Markus Persson's - known as Notch - intention for the game to get this big.
There's not a whole lot that one company can do to make the hellish miasma of American air travel better, but bless them, Southwest Airlines is trying. The latest update to the company's official Android app tweaks the interface yet again (the second time in a year), and adds a mobile boarding pass to save you just in case you forgot to print it out on old-fashioned dead trees before leaving.
When the CyanogenMod folks announced the formation of Cyanogen Inc. back in September, the young company had secured $7 million in funding to help it get off the ground. Now, with a few months of momentum behind it, the company has secured an additional $22 million. This money comes from the California-based venture capital firm Andreessen Horowitz along with pre-established partners Benchmark and Redpoint.
These new funds will help Cyanogen Inc.
This afternoon, Motorola's Punit Soni shared a post on Google+ to follow up on the company's earlier "more to share soon..." post. Soni's post pointed users toward Motorola Mobility's online upgrade checking interface, which tells users whether or not their Motorola device will be receiving any planned updates.
The tool now confirms that Android 4.4 KitKat will be coming to the Moto X along with the DROID Mini, Ultra, and Maxx.
We've known that something's up at CyanogenMod for a while, and now the cat is formally out of the bag. Today Steve Kondik and other prominent contributors to the CyanogenMod family of ROMs, along with investors and new hires, announced the formation of Cyanogen Inc. The new company first aims to make the CyanogenMod ROM more stable, more widely available, and easier to install on more devices. Investor Mitch Lasky is reporting that the company has secured $7 million in startup capital, and has at least one hardware partnership in the works.
It's almost become trite to hear that Google has bought another company that deals in photo editing software. Yet, here we are again. Today, Vic Gundotra announced on Google+ that Nik Software, creators of the impressive Snapseed app that we saw demoed at CES this year, will be joining the Mountain View team.
While there's no indication yet just which Google product will see the benefit of this new talent, it can only mean good news.
Update 4: OnLive has finally issued the following statement:
We can now confirm that the assets of OnLive, Inc. have been acquired into a newly-formed company and is backed by substantial funding, and which will continue to operate the OnLive Game and Desktop services, as well as support all of OnLive's apps and devices, as well as game, productivity and enterprise partnerships. The new company is hiring a large percentage of OnLive, Inc.'s staff across all departments and plans to continue to hire substantially more people, including additional OnLive employees.