Fortune's curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the newsletter delivered to you every day.
* Sources tell All Things D that HP (HPQ) is laying off as many as 525 employees whose work related to (now-defunct) webOS hardware. Indeed, in a statement, HP confirmed layoffs start this week but declined to specify the number. (All Things D)
* As reported yesterday, Google Wallet is now live, though its service remains limited to the Nexus S 4G on Sprint for now. Chris Ziegler over at This is my next has the review. (Business Insider and This is my next)
* TechCrunch reports that besides introducing social music services later this week at its f8 conference, Facebook will also unveil new buttons a la "Like," including "Read," Listened," and "Watched." (TechCrunch)
* Meet Ari Goldberg, the 29-year-old CEO of rising New York City-based fashion startup, StyleCaster. (Business Insider)
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Services from Google, Square and Intuit are already simplifying consumer credit. But it's the long-term changes that will redefine how merchants, banks and consumers interact.
This is the second in a series of articles leading up to the Fortune Brainstorm Tech conference, which will be held from July 19-21 in Aspen, Colorado. Fortune Brainstorm Tech will round up many of the best and brightest thinkers in technology. Our coverage in this MOREJP Mangalindan, Writer - Jul 1, 2011 5:00 AM ET
Google new NFC-enabled services, Wallet and Offers, are ambitious, but getting all of the pieces to work together will be difficult.
FORTUNE -- At yesterday's Google Wallet/Offers launch event in New York, Google (GOOG) laid out a very compelling case for using NFC-enabled Android phones to make payments at physical merchants. The company trotted out launch partners including the Container Store, Subway, American Eagle Outfitters (AEO) and Walgreens (WAG). On the backend, Google MORESeth Weintraub - May 27, 2011 4:16 PM ET
Fortune's curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
"The only meat I'm eating is from animals I've killed myself." -- Facebook CEO Mark Zuckerberg (Fortune)
* NFC is here! After much speculation, Google finally announced Google Wallet, a mobile payment system that enables future Android smart phones (and Sprint's current Nexus S) to be used for payments simply by MOREJP Mangalindan, Writer - May 27, 2011 6:30 AM ET
PayPal is working hard to become the gold standard for online payments, chasing down Google and fending off the competition. Meantime, being the apple of eBay's eye, and its subsidiary, hasn't hurt either.
By Dan Mitchell, contributor
This week, PayPal is hosting an event in New York called "Cashless Utopia." PayPal's aim is to usher us in to this utopia by establishing itself as the standard mechanism by which we pay for MORENov 9, 2010 2:54 PM ET
Google's monetary exchange service, temporary sidelined, is poised to make a comeback as the exchange for the Chrome Web Store.
Google's Chrome project(s) are about getting people to do things on the web in a browser (as opposed to say an app). One of the bigger aspects of this strategy is Google's intent to create a kind of App Store for Web developers, which allows them to both make some money MORESeth Weintraub - Sep 24, 2010 12:29 AM ET
By Yi-Wyn Yen
Since Google launched its Checkout online payment service 18 months ago, industry insiders have wondered if its aggressive marketing promotions were worth the money.
The company, which has been tight-lipped about the performance of its Checkout campaign, revealed new figures to Fortune on Monday that suggest it's making inroads in luring customers and merchants.
Google says web shoppers who've signed up for Checkout -- which stores credit card and other MOREyiwyn - Dec 18, 2007 8:00 AM ET
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