Facebook may be in the news and on everyone's mind because of the new Facebook Timeline, but here's a new reason to be talking about the company. Today (September 26), Facebook, the National Federation of Independent Business and the U.S. Chamber of Commerce released a joint press release announcing their partnership. Their joint effort is ...

Read More: Facebook Partners Up to Help Small Businesses, Offering Up to $10 Million in Ad Credit

Remember Diaspora? If you believed the hype, it was supposed to be our saviour from the privacy flaws of Facebook – a distributed, decentralized social network. However, since it launched with plenty of press coverage and funding last year, it's disappeared into the shadows and is widely regarded as an idea that has its time but has lost momentum.Not so, say the people behind the project in an email sent to users today. In an email entitled ‘We are making a difference', Diaspora's co [...]

Read More: Diaspora insists it's not dead, takes credit for Google+ and Facebook features

Square revolutionized credit card transactions by making it cheap and easy to process by ordinary people without needing a merchant account. Personal finance software giant Intuit didn't want to get any futher behind in this area and is partnering with Verizon Wireless,Intuit Partners With Verizon Wireless To Sell Square-Competitor GoPayment At Retail Stores (TechCrunch)Intuit GoPayment provides hardware and services similar to Square. The GoPayment reader hardware will be sold in Verizon Wirele [...]

Read More: Intuit Teaming with Verizon Wireless to Compete with Square in Personal Credit Card Processing

Square is the company that provides a free credit card reader for a Android, iPhone or iPad. Its service and free app lets you accept credit card payments without a merchant account monthly fees. So, how's this working out? TechCrunch reports that:Square Now Processing $4 Million In Mobile Payments Per DayA little arithmetic will tell you that this is over $1 billion a year. And, Square's transaction rate is on the upswing. They reported $3 million per day in payments just a few months ago in Ma [...]

Read More: Square Mobile Credit Card Transactions on Track for $1 Billion Per Year