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Retailers are disabling NFC readers to shut out Apple Pay | The Verge
The notion of a widespread payment system controlled by retailers and free of credit card processing fees is very appealing to merchants. It should come as no surprise, then, that, in addition to Wal-Mart, the largest retailer in the world, CurrentC's partners include Gap, Old Navy, 7-Eleven, Kohls, Lowes, Dunkin' Donuts, Sam's Club, Sears, Kmart, Bed, Bath & Beyond, Banana Republic, Stop & Shop, and Wendy's — as well nearly all the major US gas station chains — among its ranks.

We'll have to wait until next year to see how well CurrentC can compete in the crowded battle for control of mobile payments, but until then, don't be surprised to see more retailers follow Rite Aid and CVS and shut off their NFC readers.
nfc  technology  hardware  ApplePay  creditcard  debitcard  business  retail 
12 hours ago by jtyost2
Peak Google | stratechery by Ben Thompson
And so we have our parallel to IBM and Microsoft. IBM didn’t capitalize on PCs because their skills lay on the hardware side, not software. Microsoft didn’t capitalize on mobile because they emphasized compatibility, not the user experience. And now Google is dominant when it comes to the algorithm, but lacks the human touch needed for social or viral content. And so, when all of that brand advertising finally begins to move from TV to the Internet – and that migration is a lot closer than it was even a year ago – I suspect that Google is not going to capture nearly as much of it as many observers might expect.
advertising  google  trends  technology 
15 hours ago by lyamys
Global News Media: The Next Horizon — Medium
I see the lack of digital skills in the UK as a structural threat to the continued growth of the digital economy. I could talk in a separate lecture around the lack of digital skills but, as a business that relies on technology for our present and our future, let me say that the war for digital talent is absolutely real. At the Guardian, we recently had 400 applicants for one graduate finance place. But we had 10 applicants for 14 engineering roles.
media  technology  webbed  economics 
15 hours ago by overbey

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