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The Facebook IPO Players Club: Peter Thiel

They were doing just fine before, but Facebook's biggest minority owners are about to be catapulted into a far more elite bracket. As we ponder what they'll do with with new millions (or more billions, for Peter Thiel), here's a look at what got them where they are today.READ»

PAYPAL   |  Comment

Inside Stripe, The PayPal Competitor Backed By PayPal Founders Peter Thiel, Elon Musk

Patrick and John Collison, brothers in their early 20s from Limerick, Ireland, have a decidedly bold mission: to become the next PayPal.READ»

Data Darlings: Why New Yahoo CEO Scott Thompson Has A Fighting Chance

Yahoo announces a new CEO, and Wall Street promptly tanks its stock. Here are three reasons to take a second look.READ»

The 5 Things Yahoo's New CEO Scott Thompson Should Do Right Away

Yahoo has hired itself a hot new CEO, the former PayPal president Scott Thompson. At a critical point in the company's history, some fast, decisive and powerful things must be done immediately as he takes up the post.READ»

FAST FEED   |  Comment

Zipcar Targets Europe With Barcelona Car Sharer Buy, PayPal To Launch Daily Deals In 2012, Google Buys Alfred

Breaking news from your editors at Fast Company, with updates all day. READ»

FAST FEED   |  Comment

Citigroup: Expect Amazon Smartphone By End Of 2012, Call Facebook Friends With Skype, PayPal Launches Facebook App

Breaking news from your editors at Fast Company, with updates all day.READ»

LEADERSHIP   |  Comment

The Race For Mobile Payments

The fight is on to turn your smartphone into a wallet. Who will win?READ»

ELON MUSK   |  Comment

Elon Musk Owes Customers 6,500 Cars, So Why Is He Smiling?

With a documentary film crew recently at his back and deals in place with Daimler, Toyota, and Panasonic, Tesla's Elon Musk talks to Fast Company about his rosy future. READ»

Peter Thiel's Latest Project: Funding For DIY Garage Scientists

He last turned heads by funding budding entrepreneurs who quit college to start businesses. Now Thiel's Breakout Labs is doing the same for scientists, granting $50,000 to $350,000 to entrepreneurial-minded free radicals. READ»

TECHNOLOGY   |  Comment

NeuroFocus Uses Neuromarketing To Hack Your Brain

Intel, PayPal, Pepsico, Google, HP, Citi, and Microsoft are spending millions to plumb your mind. Here's how it's done.READ»

FAST FEED   |  Comment

GoDaddy's New Hosting, UK LulzSec Arrest, Amazon Worth $100B, Fox Squeezes Net TV, First Mango Windows Phone, Facebook Business

This and more important news from your Fast Company editors, with updates all day.READ»

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LulzSec-Anonymous Vs. FBI, Hacked Murdoch Emails Due, Acer's Cloud, Nokia's Grim Finances, PayPal's Physical Store Plans

This and other breaking news, updated throughout the day by Fast Company's editors.READ»

WePay Makes It Easy For "Casual Vendors" To Open Online Stores

"She doesn’t need customization," WePay cofounder Rich Aberman says of a Nebraska theater major. "She just wants to get up and running quickly."READ»

PayPal Buys Zong To Ensure Its Mobile-Payments Future

PayPal has handed over nearly a quarter of a billion dollars to buy Zong, a leading provider of mobile payments. It's safe to say PayPal is serious about future innovations in mobile-pay tech.READ»

FAST FEED   |  Comment

Facebook Launches Skype Video Calls, Group Messaging, Hits 750 Million Users [Video]

Facebook's showing off its new video calling with Skype and new group chat and design. This and more important news from your Fast Company editors, with updates all day.READ»

Here's How Square Plans To Spend $100 Million

A big chunk of change dropped into the mobile payments company’s lap this week when Kleiner Perkins signed on as an investor. Square's COO, Keith Rabois, tells us where the dough will go.READ»

Square's Competition Squares-Up For Mobile Pay Future

Jack Dorsey's Square is on a ($100 million) tear this week, but the competition is heating up--and they have bigger plans for a wireless payment future that could arrive as soon as next year.READ»

IFIVE   |  Comment

iFive: PayPal Sues Google, Intel Making Peer Chips?, Windows Phone App Price, Twitter Adds "Shuffle" Button, Google Gives Us $10

On this day in history the first transatlantic flight finally landed in Lisbon, the Model-T Ford was discontinued, the Chrysler building opened and the Golden Gate bridge had its first pedestrians. But for what's happening right now, read on:READ»

Peter Thiel Gives Whiz Kids $100K To Quit College, Start Businesses

It sounds like a reality show pitch: The legendary Facebook investor, PayPal founder, and thorn in the side of college deans everywhere announces what happens when 24 people, picked to live among mentors and innovation experts, stop going to school and start getting real--in business. READ»