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Facebook acquires founders of Carsabi, but not the start-up itself

10:45PM | Tuesday, 2 October 2012 |  Facebook has acqui-hired the founders of Y Combinator start-up Carsabi, who are attempting to sell the service to focus on their new jobs, which could include Facebook’s new “Gifts” feature.

Square valued at $3.25 billion following $200 million funding round

9:07PM | Tuesday, 18 September 2012 |  Mobile payments start-up Square has set its sights on global expansion after raising $200 million in a Series D funding round, valuing the three-year-old company at a reported $3.25 billion.

Twitter founder: Why scale is crucial for start-ups

9:49PM | Wednesday, 5 September 2012 |  The founder of Twitter has shared his views on what it takes to create successful new technologies, highlighting the importance for companies to allow room to scale on a global basis.

Starbucks sinks $25 million into Square

8:39PM | Wednesday, 8 August 2012 |  US-based mobile payment app Square has partnered with coffee chain giant Starbucks, which will invest $25 million in the start-up as well as use its platform to process debit and credit card transactions in-store.

PayPal’s new payment device aimed at small business

3:36PM | Friday, 16 March 2012 |  Online payments provider PayPal is attempting to carve a slice of the mobile payments market, launching a mobile device that enables merchants to accept payments via their smartphones.

Airbnb and Dropbox among companies tipped to IPO

12:52PM | Monday, 5 December 2011 |  Airbnb, Dropbox and Square are among the 42 start-ups most likely to file for an initial public offering, according to Goldman Sachs, while BOKU, Rovio and Tumblr are also on the list.

Richard Branson invests in Square

11:37PM | Wednesday, 9 November 2011 |  Sir Richard Branson has invested an undisclosed sum in mobile payment start-up Square, founded by former Twitter chief Jack Dorsey, following a $110 million funding round.

Twitter founder’s departure prompts exit strategy warning

7:00PM | Friday, 1 July 2011 |  Social media giant co-founder’s exit sparks industry advice on the importance of planning ahead.
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