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It looks like Facebook will be launching a virtual currency instead of a transaction platform. The reasons are complicated, but the goals and possibilities for the social site are much loftier.
Also: Mashable has acquired micro-reviews service Blippr; Hi5 is making it easy to make mobile payments; and Twofish is doing its part for microtransactions.
Companies behind virtual worlds garnered more than $594 million in venture investments in 2008, according to a new report.
Specialist in digital microtransactions and payment services adds $16.8 million to its coffers for international expansion, to be used toward expanding its operations in Europe and Asia.
Just because you're paranoid, it doesn't mean they're not watching you. Surveillance is a boom industry in the UK, so here are some handy (and frankly bizarre) tips on how to avoid being spied on