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U.S. wind growing again, but business still choppy

Reuters

The U.S. wind industry is growing again after taking a big step backward last year.

Yet turbine makers and wind farm developers are finding few reasons to celebrate as the clean energy source struggles to secure long-term government support while facing stiff competition from cheap natural gas.

Once the world's top wind market, the United States ceded that mantle to China last year as a weak economy halted its growth and cut new installations to half of the 10,000 megawatts of capacity built in 2009.

Since then, business has picked up, but not for the reasons the industry would like. Energy demand is still tepid due to a gurgling economic recovery, and the low cost of natural gas is keeping power prices low.

Pricing in long-term power sales contracts signed by wind developers has fallen 30 percent in the last two years and will fall further this year, according to IHS Emerging Energy Research.

Currently, the market is being shepherded by developers who are scrambling to put turbines in the ground ahead of a 2013 expiration of lucrative federal tax credits for wind. Beyond that date, the industry's fortunes are hazy. … Read more

Visa to launch digital wallet system

Visa is planning to launch a new type of digital wallet system that would let consumers pay for items online with just a single click.

Tapping into the growing mobile payments technology known as NFC (near-field communications), Visa's offering could also let consumers wirelessly pay for items at retail outlets through a mobile device equipped with the digital wallet technology.

The company is promising a number of benefits through its digital wallet. Consumers could order items online in one click using a single e-mail address or ID and password instead of having to plug in their mailing addresses and … Read more

The 404 812: Where can you, like, turn down your keyboard? (podcast)

Wilson joins us on the show, Max Headroom style from the CNET office in San Francisco. Tune in to the first half where we grill him about his loyalty to the East Coast and why he refuses to take showers in the office. We also have a couple stories in the rundown about teens asking Yahoo about Osama Bin Laden, a Nintendo 3DS augmented reality icon, a Japanese kissing machine, and yet another privacy breach from the already befallen Sony PlayStation Network.

The 404 Digest for Episode 812

Japanese engineer creates Facebook kissing machine. Dude tattoos Nintendo 3DS augmented-reality icon on his arm. Yahoo search trends prove teens don't know Osama bin Laden. Sony hacked again.

Episode 812 Subscribe in iTunes (audio) | Subscribe in iTunes (video) | Subscribe in RSS Audio | Subscribe in RSS VideoRead more

Hackers claim to have stolen PSN credit card info

Security researchers say hackers claiming to have credit card information stolen from Sony's PlayStation Network last week are trying to sell that information on underground Internet forums, but the veracity of the claims could not be confirmed.

Sony warned its more than 70 million customers on Tuesday that their personal information--including customer names, addresses, e-mail addresses, birthdays, network passwords, and user names, as well as online user handles--was obtained illegally by an "unauthorized person." Sony responded to the intrusion, which occurred between April 17 and 19, by temporarily disabling PSN and Qriocity, its subscription music service, and … Read more

The 404 808: Where we now have your credit card number (podcast)

Today we're joined by Robin Yang, a gamer that made her first CNET appearance on PreGame last year and will soon move to Seattle to work for PopCap Games, the creator of online casual games like Plants vs. Zombies, Bewjeweled, and Peggle. But before she heads out west, she's guest hosting today's show about the PlayStation hack fallout, a man arrested for singing Kung Fu fighting, the next "Terminator" film, and a Google survey about smartphones in the bathroom.

The 404 Digest for Episode 808

In the world of online gaming, the man without a credit card is king. Man arrested for singing "Kung Fu Fighting." Terminator is back, Justin Lin to direct. Google says 39% of smartphone owners use them in the bathroom. Follow Robin Yang on Twitter and Friendfeed.

Episode 808

Subscribe in iTunes (audio) | Subscribe in iTunes (video) | Subscribe in RSS Audio | Subscribe in RSS VideoRead more

T.J.Maxx hacker says feds gave him the OK

Albert Gonzalez, the hacker who pleaded guilty to leading one of the largest cases of credit card theft in the U.S., is asking a judge to toss out the pleas, arguing that they were part of his assignments as a paid government informant.

"I still believe that I was acting on behalf of the United States Secret Service and that I was authorized and directed to engage in the conduct I committed as part of my assignment to gather intelligence and seek out international cybercriminals," Gonzalez wrote in a 25-page petition filed March 24 with the U.… Read more

Banking via mobile device jumps 54 percent

The number of people accessing their bank or brokerage accounts through mobile devices surged 54 percent in the fourth quarter last year compared with the same period in 2009, according to a new report from ComScore.

During the fourth quarter of 2010, 29.8 million Americans tapped into their bank, credit, or brokerage accounts via cell phones and other mobile devices, according to the Mobile Financial Advisor report released yesterday.

Drilling down further, 18.6 million people accessed their financial accounts via a mobile browser, 10.8 million used a mobile app, and 8.1 million used text messaging, said … Read more

Netflix gives 3 percent credit for outage

Netflix has apologized for Tuesday's outage of its streaming service.

"We're sorry you may have had trouble watching instantly," an e-mail sent last night to Netflix subscribers reads. The company went on to explain that the outage was "due to technical issues." To make it right, Netflix is offering a 3 percent credit to customers on their next billing statement. The credit is available for seven days, and users can redeem it by following the link in the e-mail.

Netflix subscribers were stymied for a couple hours or so Tuesday night when trying to … Read more

Facebook the movie theater

Links from Tuesday's episode of Loaded:

Warner Bros. is renting out movies inside Facebook

The beta of Google Maps Navigation for Android helps you avoid traffic jams

YouTube acquires Next New Networks

HBO is said to be relaxing black-out agreements to advance UltraViolet cloud streaming

This year's Wimbledon finals will be broadcast in 3D

Owners of the original iPad 3G will be able to port their unlimited data plans over to the new iPad 2

Consumer Reports finds that 30 percent of teens are texting while driving

Hacking Whac-A-Mole

Links from Monday's episode of Loaded:

Facebook asks permission to change its privacy policy

Skype tweaks Skype To Go, letting you make international calls as local ones

Sony drops the price of the PlayStation Portable to $129.99

A Chinese version of Groupon is announced

Motorola sues TiVo for alleged patent infringement in its DVRs

Motorola is sued for using the name Xoom on its new tablet

New York Sen. Charles Schumer wants HTTPS to be the default security setting on major Web sites

A man in Florida is arrested for allegedly planting viruses in Whac-A-Mole arcade games

A … Read more