Technology, Mobile | featured news

Co-founded in 2009 by Twitter cofounder Jack Dorsey, Square enables people to accept credit card payments on iPhone, iPad or Android devices... In a move that positions the company for a potential initial public offering, Square has hired former Goldman Sachs and Salesforce.com executive Sarah Friar as chief financial officer.

Samsung's new flagship smartphone, the Galaxy S III, will be launched by all of the Big 4 national U.S. wireless carriers this month, starting at $199, the phone maker said Monday.

A massive, data-slurping cyberweapon is circulating in the Middle East, according to a Russian Internet security firm. Moscow-based Kaspersky Lab ZAO said the "Flame" virus was unprecedented both in terms of its size and complexity, possessing the ability to turn infected computers into all-purpose spying machines that can even suck information out of nearby cell phones.

The new app is similar to Instagram, the photo-sharing app Facebook is in the process of buying for $1 billion. The acquisition, however, has not yet been completed, and Instagram's employees did not work on the Facebook app. Facebook has said it expects the Instagram app to close sometime this year.

Zynga is trying to provide some answers for its controversial acquisition of "Draw Something," a mobile game that was released only six weeks earlier and has since lost popularity.

Samsung design VP Chang Dong-hoon has refuted accusations that the Galaxy S III was designed "by lawyers." Responding to the reports that stated the new handset was tweaked to circumvent deliberate trade dress claims made by Cupertino in its lawsuit, he said that the redesign is part of the company's five-year plan rather than a sudden change. He went on to say that the flagship went through hundreds of iterations before the team alighted upon the model that will shortly make its way into sweaty palms all over the world.

Facebook Inc CEO Mark Zuckerberg on Friday laid out his 2012 goals to investors on the Silicon Valley leg of his IPO roadshow, saying his first priority was improving the social network's mobile application.

Made-in-China mobile devices are clicked on every continent. The same isn't true of Chinese mobile software, which is mostly aimed at domestic users. One company that reckons it has a product that crosses continents is UCWeb, a developer of mobile browsers that has gone head-to-head with Tencent's mobile platform in China.

As Facebook tours the country with its pitch to investors for the social network’s initial public offering, at least one hole in the company’s plan for the future that has come up repeatedly: What is Facebook going to do about mobile?

This is a guest post by Caribou Honig, a partner with QED Investors in Alexandria, Va. In a prior post on the topic of mobile payments, I made the case that the mobile wallet will become the foundation of a new, disruptive "payment Operating System."