People-discovery apps get buzz at SXSWTwitter acquired Posterous, PayPal may compete with Square, and at this year's South By Southwest, we find out what attendees think of apps like Highlight, Glancee and Banjo.
Speaker 1: It's Tuesday, March 13, 2012. I'm Bridget Carey on cnet.com, and it's time to get loaded. Twitter has acquired the simple blog service, Posterous, but terms of the deal have not been made public. Posterous, which is similar to its competitor, Tumblr, is designed for users to create short blog posts. Users can post from the web, a mobile app, or e-mail. Posterous spaces will remain up and running without disruption. Paypal is working on a mobile payment dongle that would allow a small business to take credit card payments with a smart phone. This is according to a report from GigaOM. Paypal could unveil this dongle at an event Thursday in San Francisco. The dongle would compete with devices like Square, and Square just recently announced it processes $4 billion in payments a year. The music, movie, and interactive festival South by Southwest is taking place this week in Austin. At South by, there's always a buzz about new apps, after all, it is where Twitter and 4Square got their big start. And this year, everyone was talking about people discover apps. By connecting with Facebook and using a phone's GPS, the apps notify you when someone interesting is nearby. The breakout started the conference was called Highlight, but there were similar apps being used, like Banjo, Glancy, and Sonar. So I went around Austin to find out what people thought of the trend. What are you hearing about? Everyone seems to be talking about Highlight, and it's been around for a little while, and I've actually 4 or 5 people, they're frailly relevant in the social space, whatever that means, already delete 'cause it's not useful. I like so far the design of Glancy, a little bit nicer, cooly look. But often seem to be doing exactly the same thing. Mostly Twitter, and following certain themes and hashtags and people on lists. I'm still using the same apps I used last year really, 4Square, Twitter, Facebook, Instagram. I download a highlight, I tried it out, it hasn't been super valuable. It's as if a few people that I've seen like okay, I have some conscience, this person, they're nearby... downloaded a couple of them. Last South by actually. Get old e-mail. I mean, like just meeting up with people and stuff like group meeting. So anything that we can use with our phones. But that keeps it not about necessarily discovering, but just connecting with people that we already know. And then meeting people, hopefully in real life, yeah. You mean, actually going out to someone and saying hello? Yeah. It's a crazy concept. Yeah. It's a really weird app. It's called hello. You go up and you say it to somebody. Those are your headlines for today. I'm Bridget Carey for cnet.com, and you've just been loaded.