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digitization

Visa chief: Fee on digital wallets seems 'appropriate'

Digital wallet operators, like Google, PayPal, and others, should be charged a fee for offering such a service, according to Visa CEO Charlie Scharf.

Speaking at the Barclays Emerging Payments Forum yesterday, Scharf said "it is totally appropriate" for credit card companies to charge digital wallet operators a fee on all transactions, according to Reuters, which was in attendance.

Scharf's comments come after eBay revealed in a February regulatory filing that MasterCard was planning to charge it a fee for its digital wallet service starting in June. The actual amount PayPal pays isn't expected to be … Read more

Congressman endorses data retention law, then backs away

A historic lobbying effort today to update U.S. privacy laws for the 21st century seemed to be in danger of derailment by a law enforcement-backed proposal to require Internet companies and e-mail providers to keep records of what their users are doing online.

Rep. F. James Sensenbrenner, the chairman of a key House of Representatives subcommittee, said this morning that it was time to resuscitate the idea of the government mandating data retention. Sensenbrenner, a Wisconsin Republican, had drafted a mandatory logging proposal seven years ago that included prison terms for company executives who failed to comply. A law … Read more

Skyera gets $51M in funding from Western Digital

Western Digital Capital, the investment arm of the hard-drive giant, has revealed that it is pouring approximately $51 million into enterprise startup Skyera.

Having previously funded Skyera as the initial outside investor, Western Digital Capital co-invested in the series B round as the two storage solutions makers enter into a joint agreement.

While it wasn't revealed as to exactly what technology the two businesses are going to develop together, it will likely build upon Skyera's enterprise solid-state storage systems.

For example, Western Digital pointed towards Skyera's SkyHawk solid-state storage, which is priced at "an industry breakthrough … Read more

Comixology suspends Marvel giveaway

AUSTIN, Texas -- Following a catastrophic server crash that occurred hours after Marvel Comics and Comixology announced a massive giveaway, Comixology has suspended the promotion.

Comixology CEO David Steinberger acknowledged that his company had "let down" customers. Previous orders under the "Marvel Comics #1" promotional, time-limited giveaway would be honored, he said, and he asked fans to fill out a form so they could be alerted when the promotion returns.

Because of Comixology's unique place in the digital comic-book distribution business as an iTunes-style marketplace with few, if any, direct competitors, other publishers' sales were … Read more

MakerBot honcho kicks off SXSW 2013

AUSTIN, Texas--What's next for 3D printing? MakerBot founder and CEO Bre Pettis answered that question in all-capital letters during his opening keynote speech here at South by Southwest 2013.

"LASERS," read a slide with factoid about his company's latest 3D printer, the MakerBot Digitizer.

"It's kind of like Tron," Pettis explained, as a prototype of the new printer fired its laser scanners at a garden gnome.

Introduced by South by Southwest Interactive director Hugh Forrest as the "hero of South by," Pettis started this year's conference with a brief history … Read more

You got game? Prove it with electronic basketball

So you've got the LED-lit Tron basketball court. Now you need an electronic ball.

94Fifty is a sensor-laden ball that's designed to give you feedback on your court athletics. It has wireless links to your iOS or Android smartphone and a Qi charging pad.

Part of a Kickstarter campaign by InfoMotion Sports Technologies, 94Fifty is a regulation-size ball that gathers data on everything from dribbling to shot arcs, backspin, and speed. … Read more

Tablets surpass smartphones in driving global Web traffic

The numbers are out -- people increasingly prefer to browse the Internet on tablets rather than smartphones.

Adobe released its latest Digital Index today and discovered that for the first time ever worldwide tablet traffic has surpassed smartphone traffic. Tablets now drive 8 percent of all Internet traffic, while smartphones generate 7 percent.

"We've been keeping a close eye on how quickly tablets have taken off," manager and primary analyst working on Adobe Digital Index Tyler White wrote in a blog post today. "Smartphones remain much more common, but the tablet form factor makes it ideal … Read more

How e-wallets could be a gold mine for credit card companies

Consumers may one day ditch their plastic credit cards, but that doesn't mean that they'll abandon their credit card companies.

In fact, the move from a leather wallet to a digital one could be a boon for companies like Visa, Mastercard, Discover and American Express.

Digital wallets, which allow users to store their credit cards, retail loyalty cards, coupons and even tickets in digital form on a mobile device, have been one of the most talked about emerging segments of the mobile market. Everyone from Google to Apple to Microsoft to PayPal to wireless carriers and even retailers … Read more

Growing pressure in Congress to fix flaws in DMCA law

A once-obscure copyright law that the U.S. Senate unanimously approved in 1998 has finally irritated so many members of the public that Congress might bother to defang it.

It's not like the flaws of the Digital Millennium Copyright Act have remained a state secret for the last 15 years: it's been wielded to threaten Princeton security researchers, restrict replacement garage door openers, and jail a programmer who dared to create an e-book converter. One federal appeals court even invoked the law when banning "linking" to certain DMCA-offending Web sites.

Not one of those extrusions of … Read more