Website builder Weebly to be snapped up by payments service Square

Mobile payments company Square announced on Thursday, April 25, that it’s buying website builder Weebly for $365 million in a mix of cash and stock.

Square, which is led by Twitter CEO Jack Dorsey, will use the acquisition to expand the company’s services beyond its current offerings, giving small businesses the tools to create websites and online stores to build and promote their services. Weebly, with millions of customers around the world — more than 625,000 of them subscribers — looks set to boost Square’s customer base, especially overseas.

Among its services, Square offers merchants a credit card reader that enables a smartphone or tablet to act as a payment terminal, providing a cost-effective way for small-business owners to process credit card transactions. The system is popular with many brick-and-mortar merchants, and Square will now aim to show its users online opportunities for business expansion with support from Weebly.

Weebly customers, meanwhile, will be encouraged to access Square’s ecosystem of managed payments, hardware, and software, which complement its own services, among them free website hosting, premium website design and hosting, online store setup, and a range of marketing tools.

In a blog post, Weebly reassured its customers that nothing will change regarding their Weebly experience, with the company promising to continue with work on new features. It also stated that its customer service setup will remain unchanged, saying, “We’re just a phone call, chat, or email away.”

Square’s Alyssa Henry said in a release that “running a business is complex, and entrepreneurs around the world want powerful and intuitive tools. Whether they’re an artist, a winemaker, or a hairdresser, with Square and Weebly sellers will have one cohesive solution to build their business.”

Weebly CEO David Rusenko noted how Weebly has created technology “that helps people bring their business idea to life online,” adding that it’s now in a position to expand its vision “to help entrepreneurs succeed beyond their website.”

Dorsey, for his part, said Square and Weebly “share a passion for empowering and celebrating entrepreneurs,” adding, “Square began its journey with in-person solutions while Weebly began its journey online. Since then, we’ve both been building services to bridge these channels, and we can go even further and faster together.”

The deal is expected to be completed by the end of June following regulatory approvals.

Mobile

Rekindled yet again, Nokia’s next-gen phones offer more than just nostalgia

HMD Global, a startup that designs and builds Nokia Android smartphones, wants to put the Nokia brand name back “where it belongs.” It helps that it’s made up of ex-Nokia employees. We go behind the scenes to see how HMD formed.
Gaming

The hottest Nintendo Switch games you can get right now

The Nintendo Switch's lineup started off small, but games have steadily released as the console continues through its second year. Here are the best Nintendo Switch games available now.
Home Theater

New TV? Here's where to go to watch the best 4K content available

Searching for content for your new 4K UHD TV? Look no further. We have every major source of the best 4K content, along with the cost, hardware requirements, and features that make each service worth a look.
Computing

Could the next Microsoft HoloLens be announced at MWC 2019?

After not having a presence at Mobile World Congress for three years, Microsoft is now sending out media invites for a press conference on February 24 during the annual event in Barcelona. Could a next-generation HoloLens be on the way?
Emerging Tech

Drones: New rules could soon allow flights over people and at night

With commercial operators in mind, the U.S. government is looking to loosen restrictions on drone flights with a set of proposals that would allow the machines greater freedom to fly over populated areas and also at night.
Cars

Some of Volkswagen’s electric models will wear a ‘Made in the USA’ label

Confirming earlier rumors, Volkswagen has announced it will build electric cars in its Chattanooga, Tennessee, factory. The facility currently produces the Passat and the Atlas. Production will start in 2023, Digital Trends can reveal.
Home Theater

Not chill: Netflix is hiking prices across all its tiers

Netflix has to get the billions of dollars it's spending on new content from somewhere. The streaming giant announced price hikes across the board, raising its monthly rates between $1 and $2 per tier in the next few months.
Movies & TV

NBCUniversal will launch its own streaming service in 2020

NBCU is prepping a streaming service filled with its original content for a debut sometime next year, meaning that Michael, Dwight, and the rest of the Scranton crew might be moving to a new home.
Mobile

Benchmark results show Snapdragon 855 destroys previous-generation chip

Almost exactly a year after the launch of the Snapdragon 845, Qualcomm took the wraps off of its next-generation mobile platform, the new Snapdragon 855. The new chip puts an emphasis on A.I. performance.
Mobile

Apple’s iPhone battery offer was reportedly way more popular than expected

As many as 11 million iPhone owners reportedly made use of Apple's cheaper battery replacement offer that launched in 2018 in response to the iPhone throttling debacle — some 10 times more than the company had apparently expected.
Home Theater

Cord-cutting has grown by 48 percent in 8 years, according to Nielsen

People are continuing to ditch cable but not all cord-cutters are the same. In fact, there are two distinct groups within the cord-cutting universe, with a very small, yet growing third group that's worth paying attention to.
Mobile

Huawei in for a rough year as feds investigate alleged trade secrets theft

Huawei is also facing issues in the U.S., but it doesn't seem like that will end any time soon. According to a new report, the company is facing a federal investigation in the U.S. for allegedly stealing trade secrets.
Emerging Tech

Glowing space billboards could show ads in the night sky

Look up at the night sky in 2020 and you might see an ad for McDonald's floating among the stars. A Russian startup is working on a project that uses a constellation of small satellites in low-Earth orbit to create glowing ads.
Mobile

OpenTable points can now be used to whittle down cost of a hotel stay

Have some OpenTable Dining Points built up? Now those points can also be used to make your own hotel discounts. OpenTable is teaming up with Kayak to use points as discounts on participating hotels.