Thursday, July 28, 2011

PayPal Says it Will Be Agnostic About Payments, Zong Purchase Proves It

PayPal executives have been pretty clear that they are going to be "agnostic" about the ways mobile phones can communicate with payment terminals, and eBay, PayPal owner, has "put its money where its mouth is" by buying Zong, which provides carrier billing, with some 250 carriers globally.

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Is Private Equity "Good" for the Housing Market?

Even many who support allowing market forces to work might question whether private equity involvement in the U.S. housing market “has bee...