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Senior Technology Reporter — Bloomberg News
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Senior Technology Reporter for @BloombergNews covering VCs and startups. Contact me at ssaitto@bloomberg.net

Square Encircled as Apple, PayPal Aim for Mobile Payments

bloomberg.com — Jack Dorsey founded payment startup Square Inc. with a mission of rethinking the way people buy and sell stuff with their mobile phones. Rising competition may get some merchants to rethink using Square. Consider Fabrice Yopa, who used Square to collect payments for his online-video business.

Good Technology Said to Postpone IPO Amid Market Volatility

bloomberg.com — Good Technology Corp., the mobile-security startup that filed to go public in May, is postponing its initial public offering until 2015 because of worsening market conditions, according to people with knowledge of the situation.

Yahoo ponders stake in Snapchat

thestar.com — NEW YORK - Yahoo! Inc. is close to investing in Snapchat Inc. in a funding round that values the startup at $10 billion (U.S.), according to a person with knowledge of the situation. Yahoo is the lead investor in the financing and set the terms of the round, said the person, who asked not to be identified because the information is private.

Yahoo said close to investing in Snapchat at $10-billion value

theglobeandmail.com — Yahoo! Inc. is close to investing in Snapchat Inc. in a funding round that values the startup at $10-billion (U.S.), according to a person with knowledge of the situation. Yahoo is the lead investor in the financing and set the terms of the round, said the person, who asked not to be identified because the information is private.

Yahoo Said Close to Investing in Snapchat at $10B Value

bloomberg.com — Yahoo! Inc. is close to investing in Snapchat Inc. in a funding round that values the startup at $10 billion, according to a person with knowledge of the situation. Yahoo is the lead investor in the financing and set the terms of the round, said the person, who asked not to be identified because the information is private.

Box Said to Delay IPO Until 2015 Amid Market Volatility

bloomberg.com — Box Inc., the cloud-storage provider that filed for an initial public offering in March, will postpone its market debut, which probably won't happen until 2015 because of volatile market conditions, people familiar with the matter said.

Atlas Creates Boston Syndicates to Boost Local Startups

bloomberg.com — Atlas Venture, a Boston-based venture capital fund, is trying to stoke the laggard New England technology startup scene. The firm recently formalized a group called Boston Syndicates, known as BOSS, after starting it earlier this year. BOSS is made up of 23 New England-based entrepreneurs and investors, who can band together to raise money for local technology companies.

Stripe Lands Apple in Quest for $720 Billion in Payments

bloomberg.com — Apple Inc. (AAPL) 's list of partners for its new Apple Pay service reads like a Who's Who of the payments world, including Visa Inc. and First Data Corp. Then there's Stripe Inc. Getting included on Apple's list was a coup for the five-year-old startup, which will enable mobile applications to work with Apple Pay.

Uber Has No Acquisition Plans, CEO Says

bloomberg.com — Uber Technologies Inc. hasn't bought a single company and doesn't plan to change its strategy, Chief Executive Officer Travis Kalanick said after being asked about the likelihood of acquiring ride-sharing startup Lyft Inc. "We are not in acquisition mode," Kalanick, who co-founded the mobile car-booking company, said today at TechCrunch's Disrupt SF conference in San Francisco.

Salesforce Debuts New Fund for Mobile, Connected Devices

bloomberg.com — Salesforce.com Inc. (CRM), the largest maker of customer-management software, unveiled a new $100 million fund to invest in startups building enterprise mobile applications and working on devices connected to the Internet. Salesforce Ventures' first fund, the Salesforce1 Fund, will invest in early and late-stage startups that team up with the San Francisco-based company, said John Somorjai, executive vice president of corporate development and strategy.
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Oct 20, 2014

Accel’s @jimihendrixlive Breyer Tells Startups: Raise Money Now If You Can - Bloomberg via @BloombergNews bloom.bg/1vXcoCO

Oct 20, 2014

The bar got higher for @Square as Apple, PayPal Aim for Mobile Payments - Bloomberg via @BloombergNews bloom.bg/1vUaWkw

Oct 18, 2014

To Siri, With Love, via @nytimes how an autistic kid found hid best friend in the iPhone automated voice nyti.ms/1y0lvAu

Oct 17, 2014

RT @esmedeprez: aw thx! MT @BChappatta: Award-winning @esmedeprez #winning again, this time for remarkable flea market abortions: bit.ly/1CwR7hL

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