27 Dec '12, 8am

.@venmo is wired: (spoiler alert: PayPal and Bitcoin are tired and expired, respectively.)

.@venmo is wired: (spoiler alert: PayPal and Bitcoin are tired and expired, respectively.)

It's a simple tool for sending money to your friends. Venmo is mobile-centric, so it's built to work over SMS. There are also simple apps for iOS, Android, and the web. Best of all, if you tie it to your regular debit card, there are no fees involved. Once you establish a tit-for-tat friend relationship with somebody, you can send them money just by typing a quick text. Venmo is simple, elegant and awesome. This year, I used it to pay a $5 bar tab, split a $32 charge for a pizza delivery, and buy a $1,000 bass guitar from a friend. And did I mention there are no fees? TIRED PayPal PayPal is getting long in the tooth, and it needs to innovate. Better systems for mobile micro-payments between consenting adults have emerged . Also, NFC-based credit systems like Google Wallet and POS systems like Square are planting flags in PayPal's potential growth areas. It's still popular ...

Full article: http://www.wired.com/gadgetlab/2012/12/wired-tired-expire...

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latest company to go down thanks to expired domain

domainnamewire.com 27 Dec '12, 3pm

Company forgot to renew its domain name, which expired December 23. Add FreshDirect.com to a long list of companies that s...