60009017
story
redletterdave writes:
"The other shoe has dropped for Square. The once-hyped mobile payments company is killing off its Wallet payments app and replacing it with a new app called Order, which will allow users to order food and beverages ahead of time at their favorite cafes and restaurants. For entrepreneurs, the concept of a mobile wallet seems so logical that the payments industry looks like it's ripe for disruption. If everybody is always carrying around a powerful computer in their pockets, it's natural to consider loading payment information onto that secure device as an alternative to cash or plastic cards. The problem comes when this logical entrepreneurial spirit merges with an industry segment that is classically illogical. The payments system in the United States is a mess of entrenched interests, fragmented business opportunities, old infrastructure (like point-of-sale systems), back room handshakes and cut throat competition. This behavior is not going to change any time soon, which means mobile wallets like Square are going to continue to struggle — at least until a more legitimate, easy-to-use and cost-effective solution comes along."
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Freshly Exhumed (105597) writes
"Tomi Ahonen's newly released 2014 Almanac reveals such current mobile phone industry data gems as: 'The mobile subscription rate is at or very very nearly at 100%. For 7.1 Billion people alive that means 7.1 Billion mobile phone subscriptions worldwide.' Compared with other tech industries, he says: 'Take every type of PC, including desktops, laptops, netbooks and tablet PCs and add them together. What do we have? 1.5 Billion in use worldwide. Mobile is nearly 5 times larger. Televisions? Sure. We are now at 2 Billion TV sets in use globally. But mobile has 3.5 times users.' Which mobile phone OS is the leader? ''Android has now utterly won the smartphone platform war with over 80% of new sales. Apple's iPhone has peaked and is in gradual decline at about 15% with the remnant few percent split among Windows, Blackberry and miscellaneous others.'"
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First time accepted submitter
Dimetrodon (2714071) writes
"It is an unspoken rule of military procurement that any IT or communications technology will invariably be years behind what is commercially available or technically hobbled to ensure security. One case in point is the uncomfortably backronymed NeRD, or Navy e-Reader Device, an electronic book so secure the 300 titles it holds can never be updated. Ever."
