Square

  • Square up 7% after surpassing quarterly expectations

    Square up 7% after surpassing quarterly expectations

    Square, the payments company founded and run by Jack Dorsey, released its quarterly financial results for the first quarter after the bell on Wednesday. The company beat expectations, bringing in $462 million in revenue, when investors were forecasting $451 million. This is a 22 percent increase from the same period last year. Read More

  • Yik Yak shuts down after Square paid $1 million for its engineers

    Yik Yak shuts down after Square paid $1 million for its engineers

    Yik Yak co-founders Tyler Droll and Brooks Buffington published a farewell note to users on Friday, announcing they would shut down their once-popular anonymous social network this week. The app allowed people to connect with other users within a certain radius, and was widely marketed in and used on college campuses. Read More

  • Square finally opens for business in the UK, its first market in Europe

    Square finally opens for business in the UK, its first market in Europe

    Almost a year after setting up a UK business entity called Squareup Europe, today the payments company Square is officially opening up for business in the UK, marking its first move into Europe and its fifth country after Canada, Japan, Australia and its home market in the US, with a service that turns ordinary smartphones and tablets into point-of-sale payments devices. Brexit and all… Read More

  • Square beats the street thanks to growth of new products

    Square beats the street thanks to growth of new products

    While Twitter continues to struggle as a public company, Jack Dorsey’s other business seems to be doing pretty well. Today payments company Square announced earnings, beating the street with a narrower loss than expected — $0.04 per share — on revenues of $452 million for the fourth quarter 2016. Read More

  • Dorsey: Twitter still has “a long way to go”

    Dorsey: Twitter still has “a long way to go”

    Twitter co-founder and CEO Jack Dorsey spoke on stage with COO and CFO Anthony Noto at the Goldman Technology Conference in San Francisco on Wednesday. The leaders of the social media giant reiterated Twitter’s mission as a real-time information platform and spoke of its latest accomplishments, but also talked about the challenges of growing what is already a widely-used site. “We… Read More

  • Square for Retail aims to be the only store software most shop owners need

    Square for Retail aims to be the only store software most shop owners need

    Square has a new approach to retail customers it’s launching today, with a brand new Square Retail app that complements a comprehensive backend package of tools that include complete coverage of inventory management, customer relationship management and employee tools. The new offering is designed to really provide a next-level retail solution for merchants and shop owners who need… Read More

  • Square encourages Apple Pay payments with processing credit

    Square encourages Apple Pay payments with processing credit

    Square partnered with Apple for a promotion when customers use Apple Pay. Starting today, Square merchants won’t pay any processing fee for the first $12,000 in Apple Pay transactions — that represents around $350 in fees. In addition to this promotion, sellers can also get a free marketing kit (with Apple Pay stickers probably) and training materials to tell employees how Apple… Read More

  • Jack Dorsey gets another break with a strong third quarter from Square

    Jack Dorsey gets another break with a strong third quarter from Square

    While Jack Dorsey’s other company Twitter might be struggling, Square continues on a roll that’s keeping Wall Street happy. There’s going to, as always, be a big question mark for Square because of Dorsey’s tenure at Twitter — which is hardly going well. While the company’s latest quarter showed a flash of optimism, the company’s efforts to close a… Read More

  • The restaurant table(t) is getting crowded Crunch Network

    The restaurant table(t) is getting crowded

    Many of us have tried new services, like online food ordering, subscription meals and signing with your finger on a tablet-based point-of-sale system; but the reality is that we are still in the early phases of restaurant industry disruption. I believe that’s about to change. Read More

  • Square hopes to ease the EMV transition with faster transaction times

    Square hopes to ease the EMV transition with faster transaction times

    You’ve likely seen the headlines about consumer frustration with the transition to EMV payment cards in the U.S., most of which centers around how long the payments take versus good old-fashioned swiping. Those of us living in countries where EMV has been a fixture for a while might just shrug at this, but not Square: It’s focused on cutting transaction times to alleviate… Read More

  • Square Cash users can now spend their balance with a virtual debit card

    Square Cash users can now spend their balance with a virtual debit card

    Here’s a cool feature from Square Cash – the company launched a virtual card product yesterday, which gives every user a virtual Visa debit card number that they can use to spend their balance anywhere that accepts Visa. This means that you could spend your Square Cash balance on Amazon (or any online shopping site) by simply entering this virtual card number as a payment option. Read More

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