"When you finally grasp the magnitude of Apple’s play in the payments business, it becomes clear that potential competitors will be shunned from the platform. As Daniel Terdiman suggests in CNET, “New Apple features may leave fresh app roadkill in their wake as Apple is likely to undercut several existing third-party applications.” With the introduction of Passbook, Apple has launched mobile payments on iOS and competing virtual payment systems, including bitcoin, must be terminated."Read more »
I’m not sure how to make it any clearer. Uncle Pennybags has a better monetary policy that Uncle Sam. Someday economists may warn future generations about hyperinflation with examples of Americans preferring to buy Park Place with cash.Read more »
With the rise of e-mail and the decline of letters, mail volume is falling at a staggering rate, and the postal service's survival plan isn't reassuring. Elsewhere in the world, postal services are grappling with the same dilemma — only most of them, in humbling contrast, are thriving.Read more »
Green Nicotine Welcomes New FDA Regulation of the Electronic Cigarette Industry
Once again the government is used to squash the little guys.
Gathered here in Bonn this week are some eighty Right Livelihood Award laureates, including the Canadian farmer Percy Schmeiser, who has battled the biotech giant Monsanto for years. When Monsanto seeds blew into Schmeiser’s property, Monsanto accused him of illegally planting their crops and took him to court. Ultimately his case landed in the Canadian Supreme Court. He was awarded the Right Livelihood Award in 1997 for fighting to defend the rights of farmers and the future of seeds.Read more »
Right now, there’s a very good chance that most people in America will soon have just one choice for truly high-speed Internet access suitable for watching video — their local cable monopoly.Read more »
FCC is currently considering a proposal to limit the amount of spectrum broadcasters can use. This proposal could eliminate free, over-the-air antenna TV. The FCC proposal will leave viewers with only the pay for TV options of satellite or cable. FCC's Bellaria Says Broadcasters Lobbying Against Scenario That's No Longer On TableRead more »
LIVE 7 Days a Week!
Mon-Sun: 7pm-10pm Eastern