PayPal wants to give you a debit and ATM card

PayPal is looking to round its digital wallet service with the introduction of debit cards that you can use to make payments and withdraw cash at ATMs, reports The Wall Street Journal. That’s in addition to other banking services like being able to deposit a check to your account by taking a picture of it, and even personal and small business loans. The idea is to get people without banking accounts onto its platform, rather than to convert existing customers of traditional banks. PayPal has been testing its new offerings with some users in the US for the past few… This story continues at The Next Web Or just read… Read More

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HP takes on the iPad Pro with its way cheaper Chromebook x2 convertible

If you’re in the market for a large tablet, you couldn’t do much better than Apple’s excellent – if ridiculously expensive – 12.9-inch iPad Pro. But now, HP has a new contender in the game, in the form of its $599 Chromebook x2. The 12.3-inch convertible device is the second Chrome OS-powered tablet ever made, after Acer’s Chromebook Tab 10, and it comes with a detachable keyboard and trackpad, as well as a stylus – making it appear quite similar to most laptops. The whole thing comes in at a light 1.4kg, and measures just 15.3mm in thickness. Under the hood,… This story continues at The Next Web Or just… Read More

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Uber gets into the bike-sharing game with its latest acquisition

Uber has acquired Jump, a bike-sharing startup that offers dockless electric bicycles for hire on demand across San Francisco and Washington, D.C. The terms of the deal were not disclosed, but TechCrunch’s source says it cost Uber some $200 million. The acquisition follows the ride-hailing company’s trials of its Uber Bike service, which saw it partner with Jump in San Francisco at the end of January to allow customers to unlock and use the iconic red e-bikes through its app, making for an additional option to get around besides cabs. Jump’s bicycles will now appear as an option alongside cabs… This story continues at The Next Web Or just read… Read More

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Venture-backed U.S. companies raise $28B in Q1, highest amount since 2006

Chart via PitchBook. The U.S. venture capital industry is on pace for a record-breaking year. The latest PitchBook-NVCA Venture Monitor report shows $28.2 billion flowing into 1,683 U.S. venture-backed companies during Q1 of 2018, the highest amount since 2006. It’s the fourth consecutive quarter with more than $20 billion invested. “As we look ahead to the rest of the year, 1Q appears to be indicating a strengthening exit environment, which would bring liquidity to LPs and could lead to an uptick in fundraising, and in turn lead to even higher levels of investment activity,” Bobby Franklin, president and CEO of NVCA, said in a statement. “All of which means that… Read More

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23 Advocacy groups accuse YouTube of illegally collecting data from kids

A group of 23 child advocacy and privacy groups have filed a complaint with the US Federal Trade Commission (FTC) alleging Google has been illegally collecting data and personalizing advertisements to children under 13. According to the Online Privacy Protection Act (COPPA), websites and services must first obtain parental consent should they intend to collect personal data on any child under 13. YouTube, the group alleges, is collecting personal details — including location, device identifiers, phone numbers, and browser tracking data — from children who view videos on the site. It’s now urging the FTC to investigate Google for the… This story continues at The Next Web Or just read… Read More

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