Nokia seeks gold in mobile payments startup Obopay

(AP) -- Nokia Corp., the world's largest maker of cell phones, is making a large investment in a California-based startup that wants to make the mobile phone the credit card of the developing world.

Cisco counterfeit conspirators convicted

The US representative of a Chinese company has been convicted of importing and selling counterfeit Cisco-branded computer networking equipment, the Justice Department said Thursday.

Megaupload boss to appeal for bail in New Zealand

Megaupload boss Kim Dotcom will appeal Friday against a ruling that kept him behind bars in New Zealand while US officials seek his extradition for alleged copyright piracy, his lawyers said.

The ATM at 50: How it's changed consumer behavior

An automated teller machine. The cash machine. In Britain, a cashpoint. ATMs, known for spitting out $20 bills (and imposing fees if you pick the wrong one), turn 50 years old this year. They're ubiquitous—and possibly ...

American Express makes digital wallets

American Express on Monday launched an online financial transactions service that it claims goes beyond what others provide in a market dominated by PayPal.

Philadelphia says no to totally cashless future

With an increasing number of US businesses no longer accepting cash, Philadelphia—the City of Brotherly Love—is taking a stand to protect the so-called "unbanked" and will force merchants to accept greenbacks.

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