Google will retire its Checkout payment processing tool on Nov. 20, and warned retailers they will need to move to a different payment processing platform.
Checkout, which launched in 2006, was merged with Wallet, which is a mobile payments tool, last November. The product was aimed at taking on eBay's PayPal service, which dominates Web-based payments.
Google said it has partnered with Braintree, Shopify and Freshbooks to offer discounted options for retailers that have not yet selected an alternative payment processor.
The Federation of Small Businesses (FSB) is sounding a cyber crime alert, with a report that 41% of small firms have been hit by cyber criminals in the past year but less than 20% have taken steps to protect themselves.
The FSB is highlighting the figures from its new report, Cyber Security and Fraud: the impact on small businesses, along with 10 tips on good practice in cyber protection.
The chances were always slim that antivirus founder John McAfee would return to his former mansion in Belize and now he can’t. Last Thursday it burned down, more evidence according to McAfee, that he’s no longer welcome in the country.
In a blog, McAfee claimed that the destruction of his beautiful waterside Shangri-La amidst the palm trees was arson motivated by anger at the acquittal of some of his employees over unspecified charges related to their time working for him.
Websense has been the subject of acquisition rumors for years and it's finally found a way to cash out: a private equity deal lead by Vista Equity Partners.
The company said Monday Vista Equity Partners was acquiring the company for $24.75 per share in cash, a 29% premium over Websense's May 17 closing price of $19.23. That's also a 53% premium over Websense's average closing price over the last 60 days.
As part of a special media event on Monday, Yahoo CEO Marissa Mayer unveiled major changes to photo management and sharing service Flickr, with full resolution image support, 1 terabyte of storage for each user, and a revamped user interface.
The announcement, nearly overshadowed by news of Yahoo's $1.1 billion Tumblr acquisition, came during a media event in New York that also highlighted the company's move into a historic Times Square building the New York Times called home for some 90 years.