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Meteor – The next Ruby-on-Rails?

Pretty much every aspect of our lives is being changed by software. Software has the power to delight, entertain, help us communicate, simplify our work, enhance our creativity, connect us to old friends, and so much more. However writing good software is still a complex process that takes too long, and requires too much expertise. Addressing that pain is what makes Matrix’s latest investment, Meteor, so interesting. Read More

PayPal Acquires Zong, mCommerce Payments Combination That Will be Tough to Beat

PayPal today announced that it has signed a definitive agreement to acquire Zong, the mobile carrier-billing leader, for approximately $240 million in cash. This is a strategic move for PayPal, designed to deepen its leadership in eCommerce payments and further define it as a major player in mobile payments. Read More