OnLive Sold To OnLive And Nothing Will Change, ?Heartbreaking Transition? Notwithstanding

Onlive-LogoFaced with a dire financial situation, OnLive is been sold to another company that will do business under the name OnLive. Because the move is an "Assignment for the Benefit of Creditors," wrote Jane Anderson, the new OnLive PR rep, "Unfortunately neither OnLive, Inc. shares nor OnLive staff could transfer under this type of transaction, but almost half of OnLive?s staff were given employment offers by the new company at their current salaries immediately upon the transfer, and the non-hired staff will be given offers to do consulting in return for options in the new company."

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Angler's epic fishing summer includes catch of monstrous shark

Many people spent at least part of their summer fishing but, chances are, few did nearly as well as Alabama's Tyler Kennedy, whose catches include a potential world-record grouper, a state-record bull shark and, most recently, a 948-pound tiger shark.

Kennedy, 21, who hails from a family of prolific anglers, is profiled this week in Field & Stream. His most dramatic catch, obviously, was that of the 14-foot tiger shark (pictured at right).

He was competing in a..

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Payment Data Is More Valuable Than Payment Fees

Screen Shot 2012-08-18 at 12.16.21 PMWe are in the midst of a great revolution in the payments space: anyone with a phone can now accept credit cards; online-to-offline commerce is allowing online payment for offline purchase and significant friction is being removed from the consumer purchase experience thanks to mobile. All of this innovation (read: competition), combined with government intervention, means that payment fees are falling, threatening revenue streams for incumbents and startups alike in the payments space. But a broader opportunity exists: using the data of payments to build a more valuable, more defensible business model, one not dependent on fees. The result will revolutionize offline commerce and online advertising.

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