PayPal Unveils New Payment System
PayPal has unveiled a mobile payment product for customers that doesn’t require near-field communication (NFC) technology inside smartphones.
The system relies instead on using smartphones and other mobile devices to scan product bar codes and to authorize payments through PayPal mobile accounts. Shoppers will also be able to use credit-card scanning terminals commonly seen in grocery stores: The user inputs a phone number and PIN on the terminal’s keypad instead of swiping a credit or debit card.
PayPal President Scott Thompson laid out the basics of the plan in a blog posted Wednesday. In the blog, he also took a swipe at competitors, including Google, MasterCard, Visa and others, who are working with NFC in smartphones for a mobile wallet.
“Let’s be clear about something — we’re not just shoving a credit card on a phone,” Thompson said in his blog.
PayPal is already a major global force in online payments, with 100 million customers. While PayPal’s new payment technologies don’t rely on NFC, they do propose making in-store payments possible from any device and support GPS-based offers, according to Thompson’s blog. PayPal will even allow for customers to set up payments on credit after they’ve checked out.
Dozens of merchants got a sneak peak of the technology Wednesday at an event PayPal sponsored. The event was covered by All Things D, which was not allowed to take photographs, but posted a story. In addition to the payment methods shown in the PayPal video, that story said PayPal will allow customers to continue using plastic cards, issued by PayPal, for payment.
In an interview posted on AllThingsD, Thompson said the PayPal approach doesn’t require merchants to install new terminals, nor does it require customers to buy a new smartphone.
RIM’s Woes Continue
September 23, 2011 by admin
Filed under Smartphones
Comments Off on RIM’s Woes Continue
PlayBook shipments dropped in half for Research In Motion during its second quarter, which also saw revenue continue its steep decline.
RIM shipped just 200,000 PlayBooks in the second quarter, down from 500,000 last quarter, when it started offering the tablet device.
Revenue was US$4.2 billion, hitting the low end of the company’s expectation and down 10 percent from the same quarter last year. Analysts polled by Thomson Financial expected $4.47 billion.
RIM’s net income was $329 million, or $0.63 per share. Adjusted net income was $419 million, or $0.80 per share. Analysts were expecting better: Those polled by Thomson predicted $0.87 per share.
RIM shipped 10.6 million smartphones during the second quarter. In June, RIM warned that the second quarter might be weak because of delays in shipping new phones. The delays meant RIM would miss the back-to-school sales period, negatively impacting sales, it said at the time.
Executives who spoke during a conference call to discuss the results put a positive spin on phone sales, however. The company only began launching phones running the new BlackBerry 7 software within the past few weeks, and so far it’s the “largest and most successful launch in our history,” Mike Lazaridis, co-CEO of RIM, said during the call.
Google Buys Patents From IBM
September 22, 2011 by admin
Filed under Around The Net
Comments Off on Google Buys Patents From IBM
Google has purchased more than 1,000 patents from IBM, as part of its strategy to strengthen its patent portfolio to counter litigation, according to records of the United States Patent and Trademark Office.
Jim Prosser, a Google spokesman, confirmed the transfer, reported by a blog SEO by the Sea, but did not provide details such as the the purchase price Google paid for the patents.
Google also acquired another over 1,000 patents from IBM in July. It transferred recently some patents to smartphone maker HTC to help it pursue patent litigation against Apple.
Google has been interested in buying patents for some time now, which led to its failed bid in June for the patents of Nortel Networks, and its proposed acquisition of Motorola Mobility for about US$12.5 billion.
The tech world has recently seen an explosion in patent litigation, often involving low-quality software patents, which threatens to stifle innovation, Kent Walker, Google’s senior vice president and general counsel, said in a blog post in April.
“But as things stand today, one of a company’s best defenses against this kind of litigation is (ironically) to have a formidable patent portfolio, as this helps maintain your freedom to develop new products and services,” he added.
The acquisition of Motorola Mobility’s patents was a key consideration for Google to start talking to the company in early July. But Motorola told Google that it could be a problem for Motorola Mobility to continue as a stand-alone entity if it sold a large portion of its patent portfolio, according to a filing by Motorola to the U.S. Securities and Exchange Commission on Tuesday.
Should HP Reconsider The TouchPad?
September 21, 2011 by admin
Filed under Computing, Consumer Electronics
Comments Off on Should HP Reconsider The TouchPad?
Hewlett-Packard Co (HP) should re-think its decision to dump its TouchPad tablet since the device could double the value of the PC division HP plans to spin off, technology research firm Canalys said in a statement to clients.
HP stunned markets in August by saying it may shed its PC business — the world’s largest after the $25 billion acquisition of Compaq in 2002 — while at the same time killing webOS-based phones and the TouchPad tablet which was launched only six weeks earlier.
HP slashed the price of its tablet to $99 the weekend after announcing the TouchPad’s demise, igniting an online frenzy and prompting long lines to form at retailers as bargain-hunters chased down a gadget that had thus far failed to excite consumers.
“The TouchPad was overpriced at launch and did not sell. This led HP to draw a premature conclusion that the product category had failed,” Canalys analysts said in a research note.
Canalys said the price cut had helped make TouchPad the hottest brand in HP’s entire portfolio, gathering more interest than anything from HP in more than 10 years.
“The TouchPad has become the ‘must-have’ technology product of 2011. Perhaps no other technology vendor, apart from Apple, has ever created such hype for a technology product,” the research note said.
Will Cisco CEO Get The Boot?
September 20, 2011 by admin
Filed under Network Services
Comments Off on Will Cisco CEO Get The Boot?
Cisco has slashed its forecast revenue increase by more than half, while rumours circulate about the possible departure of its long-serving CEO.
Cisco previously expected to increase revenues by 12 to 17 per cent over the next three years, but it has revised this figure downwards to a much smaller five to seven per cent, according to the BBC. It expects profits, however, to be seven to nine per cent for this three year period, which is a healthy profit forecast for a company that has been struggling in the recent economic climate.
Cisco’s original optimistic outlook appears to have been founded on an overall view that the global economy would recover quickly, a view that is swiftly changing as many fear another dip into recession, particularly with the debt crisis in Europe. This negative outlook has likely had a strong impact on Cisco’s forecast, resulting in its far more modest growth expectations.
Cisco has also had some problems of its own to work out over recent months. In July it announed that it would axe as many as 15 per cent of its workforce, or 11,500 people, in addition to selling a Mexican set-top box factory to Foxconn. It also abandoned its Flip video camera business, with the loss of 550 jobs.
In April the company’s CEO, John Chambers publicly acknowledged that Cisco had lost its way, with fiscal third quarter profit down a massive 18 per cent. He called for a refocusing on areas in which the company is highly successful, such as networking, servers and cloud provisioning.
Intel Previews Android Tablet On Atom Chip
Comments Off on Intel Previews Android Tablet On Atom Chip
For the first time on Tuesday, Intel unveiled working prototypes of tablets computers with Google’s Android OS and the chip maker’s upcoming Atom low-power chip, code-named Medfield.
The tablet was about 8.9 millimeters (0.3 inches) thick and had a 10.1-inch screen, and was on display during a briefing at the Intel Developer Forum being held in San Francisco. The tablets ran on Android 3.0, code-named Honeycomb, and alpha software developed jointly by Google and Intel.
Earlier on Tuesday, Intel and Google announced they would ally on developing future releases of Android for smartphones and tablets. Intel CEO Paul Otellini showed off a Medfield smartphone running on Android 2.3, code-named Gingerbread.
The Medfield tablet is a reference design for device makers who want to launch tablets, said Steve Smith, vice president at Intel. Smith didn’t say when Medfield tablets would be released, but said Intel is currently optimizing the chips for tablets to balance power and performance.
Intel is banking on Medfield tablets to prove it is improving on power consumption with its tablet and smartphone chips.
Intel already offers tablet chips code-named Oak Trail and Moorestown, which haven’t been successful. Only a few companies such as Cisco and Fujitsu have adopted the chips for business tablets.
IMs To Overtake Emails In Workplace
Comments Off on IMs To Overtake Emails In Workplace
Many CIOs predict that real-time communication technologies, such as instant messaging, SharePoint, Chatter and Yammer will outpace traditional email in the workplace in the next five years.
That’s the conclusion of a Robert Half Technology survey of more than 1,400 CIOs at U.S. companies with more than 100 employees. The survey was published last month.
More than half (54%) of the CIOs polled said real-time workplace communication tools will surpass traditional email in popularity within five years. The prediction was a bit lukewarm, however: 13% of the respondents said real-time messages will be “much more popular” than email, while 41% said they’ll be “somewhat more popular.”
Robert Half Technology, an IT staffing firm, said a transition to real-time tools could yield workplace benefits, potentially making it easier to work as a team, solve problems, share ideas and manage documents.
Nokia Puts Free M$ Apps On Symbian Phones
September 15, 2011 by admin
Filed under Smartphones
Comments Off on Nokia Puts Free M$ Apps On Symbian Phones
Several of Microsoft’s business productivity applications will be available free of charge on Nokia’s latest Symbian Belle smartphones later this year, Nokia stated Thursday.
The move comes at the same time Nokia is developing its first smartphone on the Windows “Mango” Phone platform. That phone is rumored to be scheduled for a November debut.
The free apps will run on Symbian Belle smartphones announced in August; they’re designed to keep customers buying Nokia products while Nokia ramps up to Windows Phone smartphones.
The free apps for Symbian Belle phones will include: Microsoft PowerPoint Broadcast for broadcasting presentations from a desktop to a smartphone;Microsoft OneNote for taking notes with images by syncing with Microsoft SkyDrive;And Microsoft Document Connection, which provides a single view of documents stored on a smartphone including email attachments and documents on Microsoft SharePoint 2010 sites.
Early next year, Nokia said it will provide OneNote synchronization with SharePoint and will add Word, Excel and PowerPoint as native applications for the first time outside the Windows platform.
Some critics of Nokia’s partnership with Microsoft wonder how successful Windows Phone Mango (version 7.5) will be and said the addition of Microsoft apps to Nokia’s older Symbian line is a way for Nokia to hedge its bets if the Microsoft partnership doesn’t pay off quickly.
The free productivity apps could also be a way to introduce a large number of Symbian users to Microsoft software. There are many more Symbian users outside the U.S. than inside and Symbian until this year had been the world’s largest smartphone platform.
Making the free apps available on the Symbian Belle phones doesn’t cost either company much and the Belle phone users “get something to sweeten the deal to stay with symbian,” Gold said.
HTC Is On A Buying Spree
September 13, 2011 by admin
Filed under Consumer Electronics
Comments Off on HTC Is On A Buying Spree
Taiwanese handset maker HTC has been on a shopping spree to reshape its business, though it remains to be seen if the strategy will help it gain ground on rivals such as Apple, Samsung and Research In Motion.
HTC has bought or invested in at least six companies this year, many of which provide technologies to improve how users consume and share content on its devices. It’s a big change for the Taiwanese manufacturer, which focused for much of its existence on hardware, leaving software and content to its partners.
Times have changed, however, with rivals like Apple and Nokia building whole ecosystems around their products, including app stores and content delivery systems. HTC has shifted its focus before, moving from contract manufacturer for Microsoft’s smartphones to selling its own HTC-branded devices. It must now evolve once more.
“It is no longer enough to focus only on hardware innovations,” said Ryan Lee, an analyst with Taipei-based Topology Research Institute. HTC’s acquisitions, which include both technology and patents, “pave the way for HTC’s greater competitiveness,” he said.
Apple Blasted For Not Blocking Stolen Certificates
Comments Off on Apple Blasted For Not Blocking Stolen Certificates
A security researcher blasted Apple for what he called “foot dragging” over the DigiNotar certificate fiasco, and urged the company to act fast to update Mac OS X to protect users.
“We’re looking at some very serious issues [about trust on the Web] and it doesn’t help matters when Apple is dragging its feet,” said Paul Henry, a security and forensics analyst with Arizona-based Lumension.
Unlike Microsoft, which updated Windows Tuesday to block all SSL (secure socket layer) certificates issued by DigiNotar, Apple has not updated Mac OS X to do the same.
DigiNotar, one of hundreds of firms authorized to issue digital certificates that authenticate a website’s identity, admitted on Aug. 30 that its servers were compromised weeks earlier. A report made public Monday said that hackers had acquired 531 certificates, including many used by the Dutch government, and that DigiNotar was unaware of the intrusion for weeks.
Because almost all the people who were routed to a site secured with one of the stolen certificates were from Iran, many experts suspect that the DigiNotar hack was sponsored or encouraged by the Iranian government, which could use them to spy on its citizens.
Microsoft isn’t the only software maker to block all DigiNotar certificates: Google, Mozilla and Opera have also issued new versions of their browsers — Chrome, Firefox and Opera — to completely, or in Opera’s case, partially prevent users from reaching websites secured with a DigiNotar certificate.
Users of Safari on Mac OS X, however, remain at risk to possible “man-in-the-middle” attacks based on the fraudulently obtained certificates.
Because Safari relies on the underlying operating system to tell it which certificates have been revoked or banned entirely, Apple must update Mac OS X. The Windows edition of Safari, which has a negligible share of the browser market, taps Windows’ certificate list: That version is safe to use once Microsoft’s Tuesday patch is applied.








Sign up for our Technology Newsletter