Booting Up: Google Might Roll Out a Spotify Competitor Today

So natural to use. (Photo: Verge/PayPal)

PayPal is dropping processing charges for users of its mobile payment platform in an attempt to better take on Square and Groupon. [Verge]

Google is expected to debut a competitor to Spotify later today. Which one of you asked for this? [New York Times]

This is happening: “Boost VC is launching a fund of at least $300,000, called the Boost Bitcoin Fund to invest in Bitcoin startups.” [Forbes]

Airware, a company that creates the insides of unmanned drones, is now freshly funded. Andreessen Horowitz just pumped a $10.7 million Series A funding into it. [TechCrunch]

A Blackberry BBM app is coming to iPhone and Android phones this summer if you still remember your pins. [BGR]

Jobs Report

Something Is . . . Off About These Startup Job Descriptions

Rap Genius cofounders Tom Lehman, Ilan Zechory and Mahbod Moghadam.

It’s hard out there for a startup, what with the tech talent crunch and all. A different kind of hardship than the one faced by America’s millions of underemployed, of course. But how are you going to recruit a programmer when Facebook can throw more money at almost any candidate worth having? At the seed-stage level, you’ll need more than the promise of equity and the ability to work from home.

Well, two well-funded companies have figured out one way to stand out from the pack: cutesy job postings! Read More

Location Based

Will Adreessen Horowitz Back Foursquare’s New Round?

According to a report in the Wall Street Journal, Foursquare is looking to raise an additional $20-40 million this summer at a $500 million valuation.

Betabeat chatted with several sources this week who suggested that the company would definitely be returning to previous backers Union Square Ventures and Adreessen Horowitz for some of this new capital.

Dennis Crowley just got back from a West Coast tour where he visited Apple and was spotted dining with Google. Today Foursquare’s head of recruiting checked in along Sand Hill Road at Andreessen Horowitz.

Got any more insight? Read More