Thursday, June 28, 2012

MasterCard and Deutsche Telekom to Launch Payments

MasterCard Worldwide and Germany-based Deutsche Telekom group have signed a partnership agreement that will help the telco launch a prepaid PayPass application for its planned NFC mobile wallet.

The deal likely will be similar to a mobile-payments partnership announced by U.K.-based Vodafone Group and Visa, which uses a prepaid mechanism to load cash onto a user mobile device.

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Anthropic, AWS Move from "Build It and They Will Come" to "Build and Fulfill"

Anthropic says it has gotten an additional $5 billion investment from Amazon Web Services, “with up to an additional $20 billion in the fut...