Tag: commerce

Tech

Localethereum promises quick crypto-to-fiat trades

GUEST: Almost nine years after Bitcoin launched, trading cryptocurrency with fiat currencies remains difficult and expensive, with the space dominated by centralized exchanges charging high transaction fees and not always delivering the user experience and level of service you expect. Exchanges like Coinbase and Kraken (and many more like them) force you to go through…

Start Ups

Sneaker and streetwear reseller Stadium Goods just launched their first app

 Stadium Goods, the online (and brick and mortar) marketplace for highly sought after sneakers and streetwear, is launching its first app. Live today to coincide with the startup’s two year anniversary, the first iteration of the app is basically just a mobile marketplace. But Stadium Goods plans to eventually build out this functionality and take…

Tech

Facebook Messenger now sends money via PayPal

PayPal peer-to-peer (P2P) payments can now be sent in Facebook Messenger. The service will begin to roll out to customers in the United States starting today, PayPal COO Bill Ready said in this morning’s blog post . Payments can be made with Facebook chat extensions, a feature brought to Messenger earlier this year. “When composing a…

Tech

Weak iPhone 8 demand drags Apple shares lower

Apple Inc’s shares fell nearly 3 percent on Thursday on signs of weak demand for the iPhone 8 that caused analysts and investors to question the company’s staggered release strategy for its latest phones. Wireless carriers in the United States and Canada have reported slow third-quarter customer upgrades. While some expect a pickup after the…

Tech

Sweden’s Assa Abloy acquires smart lock startup August Home

Smart lock startup August Home has been acquired by Swedish lock giant Assa Ablo. Terms of the deal were not disclosed. Founded out of San Francisco in 2013, August creates a home access system that uses smartphones to lock and unlock doors. Before being acquired, it had inked some notable partnerships with property marketplaces like Airbnb and…

Cloud

Flickr shutters Wall Art print service and offloads Photo Books offering to Blurb

Many have speculated about what would happen to Yahoo’s image-hosting offspring Flickr after the (former) internet giant became part of Verizon’s family . While we still don’t know the full impact this acquisition will have on the once mega-popular photo site, Flickr has now given at least something of a hint. Flickr has offered a…

Cloud

Amazon and Microsoft sued by Native American tribe holding patents

(Reuters) — A Native American tribe sued Amazon and Microsoft in federal court in Virginia on Wednesday for infringing supercomputer patents it is holding for a technology firm. The Saint Regis Mohawk Tribe was assigned the patents by SRC Labs LLC in August, in a deal intended to use the tribe’s sovereign status to shield…

Mobile

SparkLabs launches SparkChain Capital, a $100 million fund for blockchain and cryptocurrency startups

Blockchain is one of the biggest tech buzzwords in recent times, with markets including music , travel , and car-sharing  slowly succumbing to blockchain’s allure. Then there are cryptocurrencies  such as bitcoin and ethereum, which are now pretty much synonymous with blockchain technology. Against this backdrop, a new $100 million fund has been set up to invest in early-stage…