Square, ‘Mobile Wallet’ Company Led By Twitter Co-Founder Jack Dorsey, Now Valued At $3.25 Billion

Square, 'Mobile Wallet' Company Led By Twitter Co-Founder Jack Dorsey, Now Valued At $3.25 Billion

Square, the new rising star of Silicon Valley founded and lead by Twitter co-founder Jack Dorsey, closed a $200 million fundraising round on Monday that now places the start-up's value at $3.25 billion. The privately-held San Francisco based company hopes to establish itself as the go-to mobile wallet in a growing industry of digital payment systems that all seek to turn smartphones into people's primary means of transaction.
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Argentine Protest

Argentines Protest President Fernandez's Economic Policies Amid Rising Inflation

Many Argentines are protesting against the policies of President Cristina Fernandez de Kirchner over her tight controls on the economy amid rising inflation. Fernandez has said that her policies are aimed at supporting the most vulnerable in society and will benefit the majority of people as a whole, though she has been criticized for pursuing a populist agenda at the expese of the upper and middle classes.

BAE Systems Soars 11% On Talk Of Tie-Up With Airbus Parent EADS

U.K. defense contractor BAE Systems PLC (PINK: BAESY) said it's in talks with European Aeronautic, Defence & Space Co., the parent of Airbus SAS, about a possible merger that would create a European counterweight to U.S. companies including The Boeing Company (NYSE: BA).
Geert Wilders

Dutch Parliamentary Elections: Will Far-Right Freedom Party Defy Polls Again?

Far-right Dutch politician and leader of the ultra-conservative Freedom Party (PVV) Geert Wilders formerly established his party in parliament on a platform of Islamophobic anti-immigration, and now seeks to turn nationalist sentiment against the eurozone amid frustrations with debt-laden countries like Greece, Italy and Spain. Poll indicate his party will lose seats this election, but it has defied expectations in the past.
Bret Hart

WWE RAW Preview: Bret Hart Returns, Paul Heyman and CM Punk, John Cena Reacts

Monday Night RAW will be live tonight from the Bell Centre in Montreal, Que., Canada, featuring the return of Bret "The Hitman" Hart to the scene of the Montreal Screwjob. CM Punk and Paul Heyman's relationship will be explained and John Cena will likely retaliate before the two men meet Sunday in a WWE Championship match.

Infosys To Acquire Swiss Firm Lodestone For $350 Million

Infosys Technologies Monday said that it would buy Swiss technology consulting firm Lodestone Holding AG for 330 million Swiss francs ($350 million) which is expected to help India's second biggest software exporter to improve services to its clients.


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