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Tuesday, April 22, 2014

Flowing red ink, Square seeks a buyer

Flowing red ink, Square seeks a buyer: Mobile credit-card processing company Square is having financial difficulties, and is looking for a well-off rival to buy the company. Square has been in talks with a number of firms, according to a report in the WSJ. Among the companies that expressed an interest in Square earlier in the year was Google. Talks between Square and Google about an acquisition date back to 2012, although a Square spokesman says that no talks between the two about a buy-out have ever taken place.



Square's credit card readers, which fit into the earphone jack on Android and iOS powered smartphones and tablets, ...


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