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 The payments space was even further shaken up last night, with the news that Square will take over all U.S. credit and debit card transactions for Starbucks. And those who use the Pay with Square app (iPhone and Android) will be able to pay for their sugary caffeinated drinks with nothing more than their phone. This morning in New York, a handful of journalists sat down with Square CEO Jack Dorsey and Starbucks CEO Howard Schultz to discuss the “epic” partnership. Before we get into the nitty gritty, it’s important to note the direct impact this partnership has on Square as a busine...

Ryan has spent more than five years covering business, technology, and telecom-related subjects for a variety of publications based in New York and San Francisco. Ryan currently works as a writer for TechCrunch. ? Learn More Last month, Roku sent an email out to its developers, informing them that an exclusive deal with DISH meant it would be taking down independent apps for international content. [Hat tip to Zatz Not Funny!] With the launch of the satellite provider’s DISHWorld international channels, which are available for $19.99 a month, some 25 apps were taken off the Roku Channel Store. While a number of Roku developers are upset with the takedown and have begun questioning the open nature of the platform, Roku CEO Anthony Wood said the decision will mean more, and higher-quality content available to users through the DISHWorld channel. “In general, we still want Roku to be a super-open platform,” Wood told me by phone today. But he said that in the case of international conten...

Ryan has spent more than five years covering business, technology, and telecom-related subjects for a variety of publications based in New York and San Francisco. Ryan currently works as a writer for TechCrunch. ? Learn More Netflix announced that it returned to profitability in the second quarter, after a slight dip into the red during the prior three-month period. But despite slower-than-expected subscriber growth, the company said it is committed to pushing forward into a new market in the fourth quarter. Netflix added almost 600,000 international streaming customers in the second quarter, ending with 3.6 million outside the U.S. But that’s lower than its forecast from the first quarter. Nevertheless, Netflix remains committed to adding an additional market by year-end, which is expected to push it into the red again. Nearly two years ago, Netflix streaming launched in Canada, its first international market. It’s already hit 10 percent of Canadian households in that market and it’...

Billy Gallagher is a writer for TechCrunch. He is also the president and editor in chief of The Stanford Daily. Billy previously worked at The Stanford Daily for two volumes as a managing editor of news. He has also worked in sports and staff development at The Daily. In March of 2012 the Friends of The Stanford Daily awarded him... ? Learn More Facebook announced today that they have opened a London engineering office, adding to their Menlo Park, New York and Seattle engineering offices. The company has 22 open positions at the new office. Facebook says it has engineers scattered at its other numerous U.S. and foreign offices, but this is the first official international engineering office. Calling the city a “perfect fit” in a blog post earlier today, Facebook software engineer and London team leader Philip Su wrote, “Our team in London will start small, focusing on building a core of great engineers, and then grow over time and eventually focus on building products in key areas li...