A popular U.S. visa program for skilled workers has hit its quota just days into the application period, the U.S. Citizenship and Immigration Service said. The H-1B program has not reached its base cap of 65,000 so quickly since early 2008, before the economic crisis hit.
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(Reuters) – Square, the mobile payment start-up that counts former U.S. Treasury Secretary Lawrence Summers on its board of directors, has a new big-name backer: British billionaire Richard Branson. Branson has made a “multimillion” dollar investment in Square, according to a Square spokeswoman who declined to disclose the exact amount. Branson’s investment in Square follows [...]
Square Inc., the start-up that lets you process credit card payments with your cell phone, made a lot of noise this summer when it closed a $100 million venture round led by Kleiner Perkins Caufield & Byers. KPCB’s Mary Meeker joined the company’s board, alongside former U.S. Treasury Secretary Lawrence Summers and investor Vinod Khosla. [...]
(Reuters) LOS ANGELES, April 27 – Visa Inc. has thrown its weight behind a mobile payments venture created by Twitter co-founder Jack Dorsey. The credit-card company has made an unspecified investment in Square Inc., a 2-year-old service that helps businesses and consumers pay with credit cards on a mobile phone or Apple Inc. iPhone, both [...]
Extending its reach into in-game commerce, Visa has agreed to buy VC-backed PlaySpan for $190 million. Founded in May 2006, PlaySpan previously raised $46.25 million from more than half a dozen investors, including Easton Hunt Capital Partners, Menlo Ventures, Novel TMT Ventures, Softbank China & India Holdings, Source Ventures, STIC Investments, Vodafone Ventures, ZAD Global [...]