For Mobile Payments Companies, iOS Is A Much Bigger Revenue Opportunity

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Americans who make payments using their iOS devices in stores spend nearly double that spent by Android users making the same type of payments, according to a survey from The Yankee Group. Mobile proximity payments made with an iOS device … Continue reading

More Than Half A Billion Smartphones Are Ready For The Coming Beacon Retail Revolution

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There are currently more than 570 million iOS and Android smartphones in use around the globe that are compatible with Bluetooth low energy (BLE).  This is significant, because beacons — small, low-powered and low-cost hardware — transmit BLE within a … Continue reading

Who Gets Rich From Google Buying Nest? Kleiner Returns 20X On $20M, Shasta Nets ~$200M

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Google just bought Nest for $3.2 billion cash, and that means the startup’s early investors Kleiner Perkins Caufield Byers and Shasta Ventures have struck it rich. Multiple sources say Kleiner invested $20 million in Nest and got a 20X return to … Continue reading