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Wednesday, January 5, 2011

Wells Fargo to Employees: Leave Wallets Home, Pay by Phone

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January 5, 2011
 

Tech Insider

Technology & Science News, Product Reviews


NEWS  THIS WEEK'S TOP STORIES

Wells Fargo to Employees: Leave Wallets Home, Pay by Phone

Using 200 of its San Francisco staff, the bank will test mobile-phone payments for six months—and may launch a commercial service soon after

Inside: This Week in Technology
Welcome to the Tech Insider!

This week writer Rachael King writes about surging interest in mobile payments and an effort by Wells Fargo to get more consumers to use handsets to make purchases. We also have stories on Google and Clearwire.

Enjoy!
— Olga Kharif

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  TECH INVESTING
CEO GUIDE TO MOBILE PAYMENTS
In the Works: A Google Mobile Payment Service?
"You'll be able to walk in a store and do commerce," says Google's Eric Schmidt. "You'd bump for everything and eventually replace credit cards"

TELECOM
Clearwire Chair Craig McCaw to Quit Today
Cash-strapped Clearwire says no disagreement prompted McCaw's resignation. The company's survival is now in question as it struggles to build a nationwide high-speed wireless 4G network

  TECH INNOVATION
MEDICAL PRODUCTS
Cleveland Wants to Be a Health-Care Hub
The city tries to rebrand itself by building a medical mart and convention center in hopes of attracting well-paying industry jobs to the region

  TECH CAREERS
PAYMENTS
Credit Card Companies Woo Programmers
To compete online and in mobile, Visa, MasterCard, and American Express need independent software

  TECH SPECIAL REPORTS

CEO Guide to the Tech-Job Outlook
Hiring at small, venture-funded tech firms is on the rise, raising hopes for an industrywide turnaround by 2010


CEO Guide to Smart Grid Technology
Smart-grid technology will bring huge savings to companies as varied as Cisco, PG&E, and Cargill, and to consumers, too. But who will foot the bill?


CEO Guide to Broadband Stimulus
Companies hope to score part of the $7.2 billion Uncle Sam plans to spend on bringing broadband to rural areas

CEO GUIDE TO TECHNOLOGY
How Cloud Computing Is Changing the World
A major shift in the way companies obtain software and computing capacity is under way as more companies tap into Web-based applications

CEO GUIDE TO TECHNOLOGY
Best and Worst Places for Data Centers
Demand for off-site computing power delivered over the Web is rising, but finding the best place for those machines isn't easy

CEO GUIDE TO TECHNOLOGY
Cloud Computing: Small Companies Take Flight
Small businesses are flocking to the new services, which provide secure IT infrastructure with little up-front investment and no heavy lifting

VIEWPOINT
Enter the Cloud with Caution
Here are nine questions to ask before trusting your company's data or computing tasks to an outside provider

CEO GUIDE TO TECHNOLOGY
Podcast: The Risks and Benefits of Corporate Cloud Computing
Corporations are starting to look at the potential benefits of cloud computing—computing power obtained through the Internet. But large companies have particular security and reliability needs

CEO GUIDE TO TECHNOLOGY
Public-Private Alliances to the Rescue
Many companies are realizing that they can play a crucial role in helping communities recover from natural catastrophes

CEO GUIDE TO TECHNOLOGY
Making Maps Work When Disaster Strikes
GeoCommons, OpenStreetMap, and Mapufacture are three online hubs where people can collaboratively map areas, which could help in emergencies

CEO GUIDE TO TECHNOLOGY
The Do-Good Imperative
Some of the most innovative ideas today are coming from efforts to address the needs of those most in need

SPECIAL REPORT
Best Young Entrepreneurs of Tech
As the economy slumps, many entrepreneurs are looking past consumer Web sites to focus on products and services for companies

SPECIAL REPORT
The Power of Play
Check out our special report on the current gaming industry, including an analysis of trends for 2008, profiles of radical innovators—and introducing the BusinessWeek Arcade, a celebration of some of the Web's best free games

SUSTAINABLE TECH
Special Report: Sustainable Tech
Scientists are experimenting with viruses, salmon sperm DNA, potatoes, and more in making biomaterials for consumer electronics

TECH HOMELAND SECURITY
Homeland Insecurity
The Homeland Security Dept.'s overreliance on outside contractors and insufficient management of them could leave the U.S. vulnerable

TECH PIONEERS
Meet This Year's Tech Pioneers
The World Economic Forum has bestowed the coveted honor on 39 companies, which could become the Googles, a previous winner, of tomorrow

BEST OF THE WEB
Scaling the Social Web
Move over, MySpace. Online players from media giant Viacom to auctioneer eBay are adding networking features for their users

TECHNOLOGY SPECIAL REPORT
Selling Computers to India
With growth slowing in China, computer makers hope Asia's other big market will pick up the slack

SPECIAL REPORT
The Power of Gaming
A recent report estimates that the video game market will increase to $48.9 billion in 2011. Our special report looks at some of the innovations sparking this growth

SPECIAL REPORT
The Future of Social Networking
A rising tide of companies are tapping Semantic Web technologies to unearth hard-to-find connections between disparate pieces of online data

VIRTUAL LIFE
The Coming Virtual Web
In the future, the Internet is almost certain to look more realistic, interactive, and social—a lot like a virtual world

SPECIAL REPORT
Wireless World
Ultrafast networks and whizzy features are about to turn your cellphone into—well, your right arm

NEXT-GEN GAME CONSOLES
Game Definitely Not Over
On the eve of the launch of PS3 and Wii, stakes in the console tussle amid Sony, Nintendo, and Microsoft have never been higher

CEO GUIDE TO TECHNOLOGY
Taming the World Wide Web
A rising tide of companies are tapping Semantic Web technologies to unearth hard-to-find connections between disparate pieces of online data



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CES: Three Big Stories You Might Miss

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  THE DEBATE ROOM

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  FEATURED SPECIAL REPORT >>

CEO Guide
to Context-
Aware
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Smartphone Software Gets Smarter, More Interactive

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