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Mobile Minutes: PayPal buys Paydiant; Apple’s smartwatch; Google backtracks on Android encryption; Apple’s Photos appBy
Why Paydiant is selling to PayPal
PayPal today announced that it has agreed to purchase Paydiant, an East Coast startup that provides white-label mobile payment systems for such retailers and banks as Wal-Mart, Subway and Capital One.
Read more on Fortune
Apple’s looming watch spurs frenzy of upgrades for Android timepieces
As Apple Inc. prepares to release its much-heralded smartwatch, rival gadget makers are racing to upgrade their own devices to ward off market-share losses.
Read more on Bloomberg
Disappointed much? Google backs down on Android encryption promise
Just when you thought Google was going back to the good old days of “don’t be evil”, it has backtracked on a promise to enforce default disk encryption across Android devices.
Read more on Forbes
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