Google buys virtual-currency start-up, Jambool

Cnet.com reports that Google has bought Jambool, a company that makes a platform for managing online payments for virtual goods sold on gaming and social networking sites. Launched in 2006, the start-up manufactures a product called Social Gold, which lets other sites build virtual-currency infrastructures. Google runs its own PayPal-like transaction platform, Google Checkout, and may have been looking for a virtual-currency system to complement it. What do you make of Google's acquisition?

Learn more: Google buys virtual-currency start-up
Google Buys Online Currency Management Company Jambool