8 minutes estimated reading time
NTT DOCOMO and MasterCard to offer NFC payments in 41 countries— MasterCard PayPass merchants to accept DOCOMO’s iD-brand mobile credit payments — | Press Center | NTT DOCOMO Global – interesting move by MasterCard. NTT DoCoMo, Sony and other Japanese countries have already been ing the NFC payments business for a while. MasterCard will be a fast follower, but had the advantage of a international user base. Even then it will be competing against China’s Union Pay and others.
MasterCard already has extensive experience in RFID with most modern cards in Europe vended. However like Visa, MasterCard is not a technology company in its own right. The company provides payment reconciliation software. For card hardware it relies on vendors like GemPlus, Infineon, NXP and Oberthur. The MasterCard move also sparks questions about security applications for Near Field Communications in the future. Will MasterCard be the pioneer that open this up further?
Great internet resources from CIC – great resources on the Chinese web
Bloomberg Has Tough Criticism for Obama and Romney – NYTimes.com – raise taxes, cut costs to sort out deficit and be more progressive on social issues
Rebalancing China: China’s consumer-led growth | The Economist – growth driven by Chinese consumers rather than inbound investment
South Africa: BITs in pieces | beyondbrics – a sell and divestment signal on South African exposed equities, bonds etc
Cities of Opportunity: Analysis and forecast of global urban economic centres: PwC – it seems to be sponsored by ‘Partnership for New York City’, interesting research even if some of the findings are debatable
Immigrant Entrepreneurship Has Stalled for the First Time in Decades, Kauffman Foundation Study Shows – entrepreneurship more attractive in home countries. More related content here.
Household wealth to surge | Warc.com – doesn’t mean relief for the declining middle classes of western economies
Revisiting The Bullish Case For McDonald’s – Seeking Alpha – Europe business doing surprisingly well
McDonald’s gets flak for removing menus from counters ‹ Japan Today – interesting change, presumably designed to rush customers into higher value meal buys
Gordon Moore’s journey – Fortune Tech – talking about changing skills and decline of hard innovation in Silicon Valley “… Software applications are where all the big deals seem to be. I don’t understand why things like Facebook (FB) and other social media deals get the attention they do — not being on Facebook myself, I guess.“
I Survived an Assassination Hit on a Real IRA Leader | VICE – I didn’t realise that Ireland had turned into that much of a battleground
Sony closes Japan factory, cuts 2,000 jobs | ZDNet – it’s like a Greek tragedy
Dapper Dan of Harlem | Official Blog – the original Dapper Dan who made blinged out hip hop and hustler clothing with the finished fabrics, finishes and fake designer trimmings from Korea
Ermenegildo Zegna expects a bumpy ride – FT.com – growth declining from 20-30 per cent back to 10 per cent
Music Consumption – Listening to CDs is more popular than listening to the radio or to digital downloads
F.T.C. Staff Prepares Antitrust Case Against Google Over Search – NYTimes.com – interesting that it is being compared to the Microsoft case, which I don’t think is particularly pertinent
Robert Bork on antitrust: Google is no Microsoft | CNET News – oh yes it is
“Suicide Prices” (& the Coming Crisis) at Big Law Firms | The Big Picture – fees got so expensive it encourage innovation in legal process outsourcing, moving work abroad to the likes of India
Facebook: We Weren’t Moving Fast Enough in Mobile – AllThingsD – I don’t think many people have it right
iCloud: Sharing done wrong | Macworld – iDisk was far better. Apple jumped the shark on its cloud services
Yahoo’s Search Share Is Imploding – Business Insider – no real surprise here, apart from the fact there isn’t a realisation in the report that search is the glue in the Yahoo! network for the other properties effectively cross-selling users across properties…
PG tips adds scratch card Facebook App – conversion rate is going to take a hit, going to a microsite
Put This On • Seven Things Better Bought Used It’s sometimes… – interesting how much of this is down to changing economics and processes. Globalisation and progress aren’t always positive
MediaPost Publications Macy’s Involves Marilyn To Woo Gen Y 10/22/2012 – authenticity from nostalgia
Women Use Monitoring Program To Track Their Spouses’ Facebook Activity – AllFacebook – and they wonder why many men won’t commit
Gartner Releases 2012 Magic Quadrant for Social Software in the Workplace – Igloo Software – interesting, I would have had 37 Signals and Google in there
Hands on with Apple’s Lightning to 30-pin Adapters | Macworld – some good workarounds
Apple: Take The Money And Run (Part 2) – Seeking Alpha – has Apple reached it’s maximum possible value
Why the iPod Still Matters to Apple – interesting particular use cases (context rather than convergence) and as a gateway product
Web of no web
Microsoft’s Plan to Bring About the Era of Gesture Control – Technology Review – Kinect developer support. Lots of niche applications
Google Weighs Mobile-Patent Antitrust Settlement – WSJ.com – interesting, is this Google or Motorola Mobility related?
It’s Official: SoftBank Links Up With Sprint in $20 Billion Deal – AllThingsD – what does all this mean for Clearwire?
Why Apple should acquire Nokia — TNL.net – I am not convinced that this would be a sensible course of action, but it could be of interest to read at least