Commerce

George Monbiot blames the “global bullshit industry” for the commercial nature of Christmas. I’m not sure this is exactly breaking news, but it’s still fun to read Monbiot’s never-failing progressive take on…


DwollaAlyson Shontell reports in Business Insider:

There’s a tiny 12-person startup churning out of Des Moines, Iowa. Dwolla was founded by 28-year-old Ben Milne; it’s an innovative online payment system that sidesteps credit cards completely.

Milne has no finance background, yet his little operation is moving between $30 and $50 million per month; it’s on track to move more than $350 million in the next year. Unlike PayPal, Dwolla doesn’t take a percentage of the transaction. It only asks for $0.25 whether it’s moving $1 or $1,000.

We interviewed Milne about how he is building a credit card killer and Square rival from the middle of the nation where VCs and press are scarce.


Ten U.S. Senators are now proposing a “Marketplace Fairness Act,” which creates a new system letting states collect sales taxes from purchases made online. “It’s about closing a tax loophole,” said Senator…


Facebook wants to be the place where you feel most yourself, with the most control over how you are regarded. It inextricably intertwines marketing with selfhood, so that having a self becomes…