Retailers Block Apple Pay Despite Early Popularity with Users

Major stores including Walmart, Gap, Rite Aid and CVS will no longer allow the use of Apple Pay. Instead, these companies are trying to push their own app, known as CurrentC, which would enable customers to pay directly with their checking accounts. CurrentC would save the retailers money on credit card transaction fees, but consumers seem to have already adopted ApplePay. In the first 72 hours of the Apple Pay launch, the service registered one million credit cards. Continue reading Retailers Block Apple Pay Despite Early Popularity with Users

Onscreen Text Messages Appear in Chinese Movie Theaters

Select movie theaters in Chinese cities have begun experimenting with “bullet screens” (or “danmu”) — a new model in which audience members can comment on the film via text messages and have their impressions projected directly onto the screen. The experience is targeting young viewers who often have difficulty being away from their tablets and mobile phones. The experiment currently involves theaters in major cities including Beijing and Shanghai, in addition to smaller cities such as Hangzhou. Continue reading Onscreen Text Messages Appear in Chinese Movie Theaters

BitTorrent Sync Transfers Data Without Help From the Cloud

BitTorrent’s new file-syncing technology, BitTorrent Sync, can synchronize files between computers and mobile devices without copying data to a cloud server. The company is hoping that, in light of the National Security Agency’s controversial harvesting of information stored in data centers, people will be attracted to the new technology. The only way the NSA could gather this data would be by going directly to the source where the information is stored. Continue reading BitTorrent Sync Transfers Data Without Help From the Cloud

Microsoft Ventures Program Plans to Steer Tech Startups

Microsoft plans to aid entrepreneurship with a new global effort that combines several of its programs to mentor and help fund technology startups. Microsoft Ventures aims to help startups build, innovate and grow. It combines and strengthens existing programs, such as BizSpark and Bing Fund, with plans for new programs involving the Microsoft Ventures Community. The initiative is also looking to provide guidance and market relationships for young B2B startups. Continue reading Microsoft Ventures Program Plans to Steer Tech Startups

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