NY Times

Money sharing comes to Facebook

Wednesday, March 3rd, 2010

Image via CrunchBase

Friends on social networking site Facebook can now send small payments directly to each other via an application called Buxter.
Buxter handles transactions in Euros or US dollars, with plans to launch in Sterling in the next four weeks.

Other currencies are subject to a 5% conversion fee at the point [...]

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Posted in Gaming, NY Times, Shape of Things to Come?, Startups, social networking | No Comments »

Scientists Strive to Map the Shape-Shifting Net

Tuesday, March 2nd, 2010

Image via Wikipedia

In a dimly lit chamber festooned with wires and hidden in one of California’s largest data centers, Tim Pozar is changing the shape of the Internet.
He is using what Internet engineers refer to as a “meet-me room.” The room itself is enclosed in a building full of computers and routers. [...]

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Posted in Communications, NY Times, Shape of Things to Come? | No Comments »

6 Months, $90,000 and (Maybe) a Great Idea

Monday, March 1st, 2010

Image via Wikipedia

THE print hanging behind the receptionist’s desk at Foundation Capital screams,
“Our greatest thrill is to loan you money” — in chunky, capitalized red letters. That’s encouraging news for Michael Bauer, because he wants money and has put himself in a prime position to get it.
Mr. Bauer has set up [...]

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Posted in Consider This, Innovation Needed, NY Times, Process of Invention, Startups | No Comments »

Cellphones Let Shoppers Point, Click and Purchase

Saturday, February 27th, 2010

Image by Norma Desmond via Flickr

Shoppers will soon be able to stand outside the designer Norma Kamali’s boutique in Manhattan, point a phone at merchandise in the window and buy it — even late at night when the store is closed.
Ms. Kamali is at the forefront of a technological transformation coming to [...]

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Posted in Computers & Humans, Consider This, Innovation, Innovation in Society, NY Times, disruptive innovation | No Comments »

Local TV for Devices on the Move

Thursday, February 25th, 2010

Image by Getty Images via Daylife

Who has time to sit on the couch and watch TV anymore?
In the last 10 years, broadcasters have lost 25 percent of their audience. So to win back some viewers, the industry has a plan to grab their attention while they are on the move.
Beginning in April, [...]

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Posted in Communications, Innovation, NY Times | 1 Comment »

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