Business

Peter is the managing editor of TechCrunch. Prior to his second stint with TechCrunch, Peter launched The Daily, the first major tablet-only daily publication from News Corp, and served as its technology editor. Peter is the former technology editor at TIME Magazine and founder/editor of Techland.com. Before joining TIME, Peter was a news editor at CrunchGear. His work has also appeared in... ? Learn More It might not be the funding announcement we’ve been hearing rumors about but today Square announced that they’ve partnered with Starbucks. Square will begin processing all US credit and debit card transactions for Starbucks across their 7,000 locations this fall. Pay with Square users will be able to find a nearby Starbucks in the Square Directory from their iPhone or Android smartphone. Additionally, Starbucks will be investing $25 million in Square for the company’s Series D financing round. Howard Schultz, CEO of Starbucks, will also be joining Square’s Board of Directors. More i...

Colleen Taylor is based in San Francisco where she is a reporter for TechCrunch TV. Previously she worked for GigaOM, where she reported on startups and Silicon Valley. Earlier, Colleen reported for Mergermarket, an online newswire and subsidiary of the Financial Times focused on M&A. Before that, she was a contributing editor for Electronic News, the semiconductor industry trade newsletter. Colleen... ? Learn More Mike McCue, the longtime tech entrepreneur perhaps best known at the moment as the founder and CEO of Flipboard, is no longer serving on the board of directors at Twitter. It’s not an unexpected move: AllThingsD’s Kara Swisher reported back in early May that McCue’s departure was imminent. At that time, she wrote: “The reason, sources said, is McCue’s growing feeling that the companies are on a product collision course, with a possible troubled or perhaps more attractive result. In other words, Flipboard will either face increasing rivalry from Twitter or will end up a...

After Betaworks acquired Digg earlier this month, there was a lot of speculation about what the company planned to do with the service. Today, Betaworks’ New York-based News.me team, which is now in charge of Digg, posted its first update. The plan, according to this update, is to launch a new Digg v1 on top of a new infrastructure and fresh code base by August 1. With this launch, the team says, it’s “taking the first step towards (re)making Digg the best place to find, read and share the most interesting and talked about stories on the Internet.” The new team argues that it plans to take the lessons it learned from building the personalized news service News.me to Digg. The new site won’t just be a “reskinned News.me” either. Just like News.me, though, the new Digg will focus delivering personalized news based on what your friends are sharing. The new owners are open about the fact that figuring out what exactly to do with the site “will take some time,” though. To get some feedbac...