Street Fight Daily: PayPal Buys Paydiant, Uber Launches Magazine

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A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology…

PayPal to Pay $280 Million for Paydiant to Help Retailers Compete With Apple Pay (Recode)
PayPal isn’t giving up on payments in brick-and-mortar stores. The eBay payment unit plans to acquire Paydiant, a payments startup that licenses a technology platform used by big retail chains to create their own branded mobile wallet apps.

Booker Raises $35M More From First Data, Bain Capital and Others (Street Fight)
New York-based Booker, a software firm that built a big business selling to the service industry, has raised $35 million more from a range of investors, including existing investors Bain Capital and Steve Case’s Revolution Partners as well as a strategic investment from payment-processing giant First Data.

Uber Launches A Magazine To Make Nice With Its Drivers (Wired)
Now that it’s valued at $41 billion for its ambitious plan to transform transportation, Uber has decided that the future of its business is print? Today, Uber did launch a print magazine aimed specifically at its drivers.

Local Media Companies Now Need a Digital Business to Survive (Street Fight)
Clark Gilbert, the outgoing chief executive of Deseret Digital Media and a long-time Harvard Business School professor, offers six benchmarks against which local media companies need to measure to determine whether they will survive the transition.

Google City Searches Now Include Hotel Booking Info In Knowledge Graph (Search Engine Land)
Search for a major city on Google, and you’ll likely see hotel booking information in the knowledge graph box. Average star rating and costs for city hotels are listed, along with “View hotels” link that delivers results page for hotels in the relevant city.

Inside the Secret New York Launch Of Munchery — The Delivery Startup That Might Upend Seamless (Wired)
Founded in San Francisco, Munchery is part of a new breed of food delivery startups that place a premium on locally sourced, high-end meals cooked up daily by real chefs and delivered to your doorstep. Munchery’s stellar team of chefs from michelin-starred restaurants are waiting for your order.

Will Tech Reap the Benefits of Small-Business Spending in 2015? (eMarketer)
New technology ranked as the top investment priority for 2015 among US small-business owners studied, cited by one-third. Small businesses still struggle to get digital right, and this isn’t likely to change too much in the coming year, as just 13.3% ranked going online as a top priority.

Can TV Save Local Media? (Huffington Post)
Jim Monroe: Local TV doesn’t have to suffer the same fate as other local media. The future for stations is not as gloomy as it was for their print predecessors. Television stations can reinvent themselves and serve viewers moving online.

Visa Seriously Wants You to Pay for Pizza and Gas With Your Car (Recode)
Visa is showing off a connected car today, designed to let customers order and pay for food from the dashboard of a vehicle. The concept car, which was designed in collaboration with Accenture and Pizza Hut, will be shown off at Mobile World Congress in Barcelona.

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