Social Networking site Facebook is now offering its users the opportunity to share cash with each other, real cash that is.

You can send and receive small payments via a Facebook application called Buxter and the company behind Buxter that will process the transactions is online payments company ClickandBuy.

Setting it up is easy. If you already have a ClickandBuy account, and millions of people across the globe do, then all you have to do to take advantage of the service is set up your Buxter account on Facebook.

If you dont have a Click and Buy account then you need to set one up before you can load cash in or out of your Buxter account.

Transactions on the Buxter system are limited to a maximum of 50 euros or less and are free to process between friends although there are small fees (minimum of 2 euros) for transferring money out of Buxter and into your bank.

You cant make purchases from anywhere though; you will only be able to trade with your friends on Facebook.

To send cash to a friend you simply select your friends name from a drop down menu and enter the amount you want to send. Easy!

People share their statuses, their information and their pictures on Facebook so the question is why not share money there too? said Christian von Hammel-Bonten, senior vice president at ClickandBuy.

He hopes people will use the service to share expenses for things like cinema tickets and restaurant bills or small gifts; its not designed for anything more than that.

Were not trying to compete with national banking systems. This is not somewhere to pay your gas or rent he said.

To receive any cash you send to a friend they just have to accept the Buxter application and enter an email address.

That friend will then be free to transfer the money to any of their friends or into their bank account if they wish.

Buxter is the application that will see Facebook members use the platform not just as a way to stay in touch, but also as a fast, easy and secure way to exchange money or buy and sell products or services said Charles Fraenkl, chief executive of ClickandBuy.

The only currencies offered by the service at the moment are US dollars and Euros but support for the UK pound will be added in the coming weeks.

It will be interesting to see how many Facebook users end up using it.

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One of the biggest parts of Microsofts keynote back in Barcelona, during Mobile World Congress, was the fact that Windows Phone 7 Series would finally do what everyone had been wishing for: integrate Xbox LIVE. They did show a couple screens of the hubs and subsequent tiles, and what it would all look like by the time this holiday season rolls around, but we were missing the most important part. We needed to see it in action. Well, ladies and gentlemen, that time has come. But, what weve been presented with has taken things to a whole new level.

The common assumption was that arcade games would just work on the 7 Series devices. Youd be able to shop from the same Marketplace, and youd have your Gamerscore updated as you accomplished the necessary Achievements. All the standard material. But, as Eric Rudder showcases here at the TechEd Middle East conference, it goes beyond that. He shows us that he starts an arcade-style game, based on the popular fiction character Indiana Jones, from his computer. But then he tells us that when he needs to leave work, he can move the game (which has saved his level (approximately)) to his 7 Series device and play it on the bus on the way home.

Heres the kicker though. Lets say you love this Indiana Jones arcade game, and when you get home you wish you could just pick up where you left off, but on your big screen. Thats exactly what happens. Rudder then shows the same game, saved from your last save point, and playing on the Xbox 360. Seamless. Frankly, it just works. The fact that the XNA, Silverlight, and .NET framework all come into play here is paramount, and this video shows us that games are about to change in a big way.

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Microsoft Windows Phone 7 Series Bridges the Gap Between the Computer and TV

By Evan Selleck on Saturday, Mar 6th 2010 No Comments

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One of the biggest parts of Microsofts keynote back in Barcelona, during Mobile World Congress, was the fact that Windows Phone 7 Series would finally do what everyone had been wishing for: integrate Xbox LIVE. They did show a couple screens of the hubs and subsequent tiles, and what it would all look like by the time this holiday season rolls around, but we were missing the most important part. We needed to see it in action. Well, ladies and gentlemen, that time has come. But, what weve been presented with has taken things to a whole new level.

The common assumption was that arcade games would just work on the 7 Series devices. Youd be able to shop from the same Marketplace, and youd have your Gamerscore updated as you accomplished the necessary Achievements. All the standard material. But, as Eric Rudder showcases here at the TechEd Middle East conference, it goes beyond that. He shows us that he starts an arcade-style game, based on the popular fiction character Indiana Jones, from his computer. But then he tells us that when he needs to leave work, he can move the game (which has saved his level (approximately)) to his 7 Series device and play it on the bus on the way home.

Heres the kicker though. Lets say you love this Indiana Jones arcade game, and when you get home you wish you could just pick up where you left off, but on your big screen. Thats exactly what happens. Rudder then shows the same game, saved from your last save point, and playing on the Xbox 360. Seamless. Frankly, it just works. The fact that the XNA, Silverlight, and .NET framework all come into play here is paramount, and this video shows us that games are about to change in a big way.

[via Windows-Phone]

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The German Bundesliga and the Major League of Soccer signed a partnership agreement that will see the two leagues collaborate on everything from player development to marketing. Bundesliga chief executive Christian Siefer and MLS Commissioner Don Garber made the announcement at Sportel convention in Miami, saying the exchange of information and expertise will help further develop the sport in both countries.

This relationship will benefit and will be an important step forward for Major League Soccer. There is a general awareness that this age of globalization means new challenges for football, the most global sport. For the MLS it is an honor to be able to enter this mutually beneficial relationship with the Bundesliga, one of the world’s most well-run and most successful football leagues.

While the Bundesliga is one of the world’s top leagues, there is much that can be learned from the MLS, which operates under a strict salary cap and unique sports business model. Discussions have been initiated with Major League Soccer because of the impressive progress it has made since its inception in 1996.

The Bundesliga also looks forward to learn from Mayor League of Soccer, there is also some other examples that the organization and a modern league with an eye on the future can give. And in the same way the Bundesliga seems proud to contribute to the continued rise of soccer in the United States.

The partnership is the latest in a series of bridges built between the MLS and established European leagues.