CES 2013

card.io

Shared-data plans push you to buy more

This Wednesday's top stories are sharing the love of data (but not the love of sharing data):

It began with Verizon, and now AT&T has joined the data-sharing movement. Starting in August, new AT&T customers will be signing up for "Mobile Share" plans. All have unlimited voice and text, but you pick how much data you need, and up to 10 devices can share from that bucket of data. Generally speaking, AT&T and Verizon's plan prices are pretty similar in the lower data tiers. Depending on your needs, one can … Read more

PayPal buys Card.io, maker of mobile credit card scanning tech

PayPal announced today it has agreed to acquire Card.io, a company whose technology allows credit card information to be captured by a smartphone's camera.

Terms of the deal were not announced.

The acquisition is an apparent move to bolster its position against mobile-payments upstart Square, which revealed in March that it was processing $4 billion a year in payments. Square, which recently announced plans for international expansion, also offers an accessory that connects to mobile devices and lets people swipe their cards to pay for purchases.

The San Francisco-based startup attracted PayPal's interest when the two companies … Read more