EcoATM looking to become the Redbox of device recycling

A California-based company is looking to make the lives of technophiles easier by providing an easy way to get rid of old, unwanted electronics.

Called EcoATM, the company claims to be the first to develop kiosks, to be placed in supermarkets and other retail locations, that allow users to receive immediate cash for old phones, iPods, iPads, Kindles, and other portable devices.

Its stated goal is to give you a way to both dispose of your old tech properly and...