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PayPal paid around $240 million to buy Zong , which it calls one of the "leading providers of payments through mobile carrier billing." The firm has relationships with more than 250 cellphone networks in 45 countries, and combined with PayPal's 100 million-ish user accounts, it could give PayPal the "potential to reach the more than 4 billion people around the world who have mobile phones," according to the company. It's a bold move for PayPal.

It's like a Brownie camera for the digital age: The microscopic device fits on the head of a pin, contains no lenses or moving parts, costs pennies to make – and this Cornell-developed camera could revolutionize an array of science from surgery to robotics.

Google+ takes its profiles public (or else), another tweet feed hacked, EU digital frontier is irrelevant? This and more important news from your Fast Company editors, with updates all day

The trial of the 25-year-old just cleared of murder charges was this generation's OJ drama. Only this time, the regular market of questionably tasteless T-shirts and tchotchkes was flooded with apps, tweets, streams, and SMS alert services

%excerpt% Read this article: The Way I Work: Alison Pincus of One Kings Lane

An Oscar-winning producer talks about his interest in moviemaking, medicine, and scaleable (storytelling) design. Nearly 8 of out 10 Americans are willing to pay up to $100 for a medical device that monitors their vital signs, according to an IBM study that tracks trends in the use of mobile devices in health care. Fewer than 10% of respondents are paying out-of-pocket charges for such devices today, but more than one-third expect to do so within the next two years.

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. Square just received a $100 million cash injection and is now valued at a cool $1 billion

Nobel laureates, like all scientists, have published their findings in peer-reviewed journals. Their initial results, theories and thoughts in these publications have been preserved in the digital archives of the scientific literature, as if they have been frozen in time. [More]

%excerpt% See the original post here: 5 Rules of Success From the DIY Masters

At a Boston bus station in early 2007, Drew Houston opened his laptop to finish some work while waiting for his bus. As he turned on his computer, he froze. "I could see my USB drive sitting on my desk at home, which meant I couldn't work," the 28-year-old says.

The British Library is making 250,000 texts available through Google's Books system, which is an admirable way to make historic books useful to the world again. Could this actually help shape the future of publishing? Last week the British Library was lauded for its impressive (and graphically extremely polished) effort at bringing 60,000 digital copies of historic books to the general public as a free iPad app.

This is the complete rear face of the sun, imaged for the first time in this manner by NASA's two STEREO solar imaging spacecraft on June 1. It's intriguing, and also relevant: Scientists are predicting that the next 11-year Solar Cycle could be very muted, which some suggest leads to an extended period of cold weather on Earth.

Viral marketing and word-of-mouth are no longer enough to make your product and brand visible in the relentless onslaught of today's promotional media. Innovation in marketing is perhaps more important than product innovation

The same country that helped give Bjork her voice hands over its guiding document to everyday citizens. But at its heart, the experiment in social media confuses democracy with transparency, a leading expert in participatory government tells Fast Company

For the latest (mic-stand-kicking) edition of our future-gazing series Crystal Ballin' we spoke with Ian Hogarth, CEO of Songkick. "In my vision of the future, hipsters aren’t obsolete," he tells us. "I think that you're always gonna need human curation