Daily Archives: August 8, 2012

Maija Palmer

Coffee and techies go together like donuts and policemen, one the voracious consumer of the other. They have named programming languages after the stuff.  And so the alliance between Starbucks and Jack Dorsey’s Square mobile payments start-up seems quite natural.

Starbucks has never been shy of experimenting with technology, having been one of the first US coffee shop chains to offer customers free wi-fi access. Starbucks also has its  own mobile app, which allows customers to pay for their coffees using a phone. Although these mobile payments are still just a tiny fraction of overall revenues, it is considered one of the most successful mobile payments systems in use so far.  Read more

Facebook launched a new mobile advertising product for app developers that pushes more marketing content into users’ home pages amid investor pressure on the company to expand revenue channels.

The new ads will appear in people’s mobile newsfeeds, and, if clicked, will direct users to the Apple or Google Play app store to download the promoted mobile app. Facebook gets paid every time a user clicks on an ad. Read more

Amazon’s launch of a textbook rental service on Tuesday reads as major competition for the likes of Chegg and Kno, both known for their pure-play focus on providing digital and, in Chegg’s case, physical textbooks for college students, writes Constance Nuttall.

But the two are expanding their playbooks to deal with increased competition – Kno announced a pre-college service on Tuesday, while Dan Rosensweig,  Chegg chief executive, spoke to us about its service becoming much more than renting textbooks. Read more