Source :mirror UK
Facebook is preparing to launch a mobile payment system that lets you send cash to friends as easily as you can send a photo
acebook will soon let you send money to your friends using a mobile payment system that is integrated into the Messenger app.
A mobile payment system has been in the social networking giant’s pipeline for a while, but screeshots and code for the service have been discovered buried within the app by a developer.
These hidden features show that you can add a credit or debit card to your Facebook account and then send your friends money via messages, just as easily as you might send a photo.
So you can imagine organising a group birthday present for a friend and then easily being able to split the cost between multiple individuals.
But perhaps a bigger market is having the ability to send money abroad – in the same way that you might use a remittance service like Western Union.
— Andrew Aude (@andyplace2) October 4, 2014
“With Facebook Messenger, you attach money just like you attach a photo or location. You don’t even have to link a bank account!” said Andrew Aude, the developer who discovered the features, in a tweet.
Facebook has been preparing this money transfer service in Europe for a while – in April it was revealed that the company was seeking regulatory approval in Ireland for ‘e-money’ status, which would allow the company to issue digital credits that could be converted into cash.
There already exist a number of tools that let you easily transfer money with just a mobile phone and an app or email address, including Paym and Barclays Pingit.
Unveiled Tuesday at the Flint Center in Cupertino, California, not far from Apple‘s headquarters, the new flagship iPhone 6 comes with a 4.7-inch screen and 16, 64 or 128GB of storage. The larger iPhone 6 Plus has a 5.5-inch screen and the same storage options.
But while we all know that the new iPhones have a built-in supply of eager consumers ready to snap them up, those still on the fence might be wondering how the devices stack up against the competition.
We put together a handy chart to give you a basic idea:
iPhone 6, 6 Plus
HTC One M8
|Screen Size||4.7, 5.5 inches||5.1 inches||5 inches||5 inches||5.2 inches|
|Resolution||1334 x 750 (6), 1920 x 1080 (6 Plus)||1920 x 1080||1920 x 1080||1920 x 1080||1920 x 1080|
|Screen Type/ppi (pixels per inch)||Retina HD display, 326 ppi (6), 401 ppi (6 Plus)||Super AMOLED, 432 ppi||Super LCD3, 441 ppi||ClearBlack, OLED, 441 ppi||OLED, 423 ppi|
|Weight||4.55 oz (6), 6.07 oz (6 Plus)||5.1 oz||5.6 oz||5.89 oz||5 oz|
|Chipset||A8 64-bit chip w/ M8 motion coprocessor||2.5GHz Qualcomm Snapdragon 801 with quad-core CPU||2.3GHz Qualcomm Snapdragon 801 with quad-core CPU||2.2GHz Qualcomm Snapdragon 800 with quad-core CPU||2.5GHz Qualcomm Snapdragon 801 with quad-core CPU|
|Storage||16GB, 64GB, 128GB (both models)||16GB, expandable via microSD up to 128 GB||16GB, 32 GB, expandable via microSD up to 128 GB||32GB, no card slot||16 GB (32GB available through MotoMaker)|
|Operating System||iOS 8||Android 4.4.2 (KitKat)||Android 4.4.2 (KitKat)||Windows Phone 8.1||Android 4.4.2 (KitKat)|
|Battery||TBD||2800 mAh||2600 mAh||2,300mAh||2,000 mAh|
|Camera||8MP iSight w/ TrueTone flash, FaceTime camera 1.2MP||rear camera 16MP with LED flash, front camera 2MP||rear camera Dual 4MP, front camera 5MP||rear camera 20MP Dual LED flash, front camera 1.2MP||rear camera 13MP, front camera 2MP , LED flash|
|Networking||Wi-Fi 802.11c, Voice over LTE, supports 20 LTE bands||Wi-Fi 802.11ac, 2G, 3G, 4G LTE||Wi-Fi 802.11ac, 2G, 3G, 4G LTE||Wi-Fi 802.11ac, 2G, 3G, 4G LTE||Wi-Fi 802.11ac, 2G, 3G, 4G LTE|
|U.S. Price (with 2-year contract)||iPhone 6 $199, $299, $399, 6 Plus $299, $399, $499||$149 (price may vary depending on carrier)||$49.99 (price may vary depending on carrier)||$599 (unlocked)||$99 (price may vary depending on carrier)|
The Apple Watch won’t hit the market until early 2015, but I’ve already decided I don’t want one. It looks like an elegant, useful and fashionable device. I could see why some others might be counting the days until it hits the Apple Stores, but it’s not for me. Partially, this is because I’m not an early adopter. I subscribe to the “good enough” philosophy of tech. I waited almost two years to get the first iPhone, but after I noticed that I could get a similar experience on an Android phone for less money, I made the jump. Similarly, I see no need for a MacBook Pro since the MacBook Air does pretty much everything I need it to do. I could spend extra for a slightly better experience, but I really don’t see the point.
Coming from that vantage point, Apple would have to come up with something pretty amazing to convince me to plunk down $350. The watch they showed was fairly stunning, but here are five reasons why I won’t be reaching into my wallet any time soon:
I made it this far in life without a smartwatch and I did O.K. It’s hard to see how my life will be improved by having a stripped-down smartphone on my wrist. I don’t go around all day wondering what time it is and I find that the combination of carrying a smartphone all day and sitting in front of computer for at least eight hours at a stretch every day keeps me apprised of the news.
Being able to regulate your calorie consumption and your movement and always be available for friends and your job may sound good to some, but it seems like a recipe for stress. In 2014, we need less technology in our lives, not more. A recent study found that white collar executives are chained to their email 13.5 hours a day. Why, oh, why do we need a more efficient way to get those emails delivered?
Training for a marathon or a 10K? Maybe you’d just like to lose a few pounds. Well, the good news is that people have been doing these things for years without the aid of Internet-connected smart devices. A $15 running watch, for instance, will let you know how fast you run, which is pretty much all you need if you’re training for a race. Maybe you’d just like to move around more. In that case, I’d suggest this $17 pedometer. If you’re still not convinced, ask yourself this: On a cold, snowy morning will your Apple Watch convince you to put in your miles or will that require something deeper, something that no amount of money can buy?
Six years ago Nicholas Carr documented in The Atlantic how years of Internet use have given him a case of ADD:
Immersing myself in a book or a lengthy article used to be easy. My mind would get caught up in the narrative or the turns of the argument, and I’d spend hours strolling through long stretches of prose. That’s rarely the case anymore. Now my concentration often starts to drift after two or three pages. I get fidgety, lose the thread, begin looking for something else to do. I feel as if I’m always dragging my wayward brain back to the text. The deep reading that used to come naturally has become a struggle.
Consider that Carr wrote this before smartphones became mainstream. I would venture to say that since that article ran things have gotten considerably worse. Personally, I find it hard to carry on a sustained conversation before I get the urge to look at my phone. But that requires me to dig into my pocket. I can only imagine what a temptation a smart wristwatch would be in comparison.
The Apple Watch isn’t out on the market so it’s hard to say how sturdy it is. I’m sure that it’sreasonably hardy, but then so are iPhones and I see a ton of models with cracked cases all over the place. I’ve broken one too and I acutely remember that feeling of dread — it’s a sensation very close to losing a couple of hundred dollar bills. I predict that a month or two after the Apple Watch hits the market, we’ll be hearing tales of woe from early adopters who cracked their screens after slipping on the ice or wiping out on their fixed-gear bikes.
Even if that doesn’t happen, there’s a good chance that something will break. Every watch I’ve ever owned has broken at some point, usually at the point where the watchband meets the watchface. Throw in the anxiety about charging the damn thing (Apple has been mum about battery life) and I’ve just added a whole bunch of unneeded stress to my life.
No thanks. I’ll leave all that for you early-adopter types and your fancy new watches.
iPhone 6 and iPhone 6 Plus
Apple kicked off their presentation with the news everyone was expecting: new iPhones. The early word of two different sizes were right on the money. The new phone will hit the market in two iterations, the iPhone 6 and the iPhone 6 Plus, 4.7 inches and 5.5 inches respectively.
The design has also gotten a bit of an overhaul. The flat edges that the iPhone 4 introduced have been replaced by a curve, much like the most recent iPad update.
Apple has also made a few updates to accommodate the much larger screen of the iPhone 6 Plus. The home screen on that version will rotate to landscape, a first for an iPhone. The keyboard has also been expanded for landscape viewing. There’s also a new functionality added to the home button called Reachability that will move the screen down for people with shorter thumbs.
As was suggested by the updates to iOS 8, the iPhone 6 models have new features that are sure to appeal to health nuts out there. Not only is there an barometer included into the phone to measure elevation for climbing stairs, mountains, etc., but it can tell when you’re running or riding a bike and measure that distance for you to help keep track of workouts.
The camera also got a major overhaul, with big updates to the auto focus and video features. The new iPhones will capture video at 1080p and a four different shutter speeds: 30, 60, 120 and 240 fps. That means your slow motion options have expanded.
Also, there are burst selfies. The front camera can take 20 selfies at rapid speed. Annoy your friends with that, as you will.
The three colors from the iPhone 5S (black, silver and champagne) will carry over.
iPhone 6: $199 for 16GB, $299 for 64GB and $399 for 128GB.
iPhone 6 Plus: $299 for 16GB, $399 for 64GB and $499 for 128GB.
The new phones will be available for pre-order on September 12 and ship on September 19.
Another expected announcement based on recent Apple acquisition finally came to fruition today with Apple Pay, a new way to pay with just a press of your TouchID, essentially eliminating credit cards.
The concept is designed so that you’ll be able to hold your iPhone to a NFC scanner and simply press the TouchID. Your credit card information is kept secure through encryption and stored in your Passbook app. Adding a credit card is as simple as snapping a picture of your plastic.
For everyone worried about phone theft and what that might mean for Apple Pay, Find My iPhone now has the ability to stop all payments from your phone.
Apple dusted off Steve Jobs’ patented “one more thing” to officially announce the long-rumored Apple Watch. (Not the iWatch.)
First off, the thing tells time, and it does it well. The Apple Watch is accurate within 50 milliseconds.
For everyone worried about wearing a computer on your wrist, there will be a ton of different bands available, ranging from leather to metal and magnetic-snapped plastic. There are six bands in total, and they can be switched by simply sliding them sideways.
Again hitting Apple’s recurring theme of health, the Apple Watch allows you to measure and share heart rate. There’s also a gyroscope to further measure movement. People wearing the watch can navigate through its apps using a combination of a touch face and a rotating dial.
Taking a cue from the iPhone 6, the Apple Watch will also come in two sizes, each having their corresponding band size. From there, you also choose among three models: Apple Watch, Apple Watch Sport (which has a stronger case), and Apple Watch Edition, made from 18k gold.
There are a whole host of features that make the watch convenient, without getting in the way. The device is Siri-enabled, and notifications are subtle and only pop up on the face once you move your wrist to look.
The Apple Watch requires an iPhone to work, so sorry to all of the Android users who think this is cool. The watch is compatible with iPhone 5, 5C, 5S, 6 and 6 Plus.
The Apple Watch starts at $349 and will be available early next year.
Stay here for updates throughout the presentation and a rundown of everything Apple announces.
It’s the end of an era for one of Microsoft’s MSFT +0.67% most popular instant messaging software products. Microsoft started to phase out MSN Messenger (also known as Windows Live Messenger) globally in April 2013 and it will be completely shut down on October 31st. MSN Messenger is only available in mainland China until then. In an e-mail about the changes, Microsoft suggested that users switch to Skype. As an incentive to join Skype, Microsoft is offering a free $2 credit to users that make the switch.
Microsoft launched MSN Messenger in 1999 as a competitor to AOL AOL -0.42% Instant Messenger (AIM) and ICQ. MSN Messenger supported access to AIM, but America Online tried continuously to block Microsoft. As MSN Messenger grew in popularity, additional features were created like custom emoticons, games and a nudge feature that shakes the chat window. In 2005, Microsoft rebranded MSN Messenger to Windows Live Messenger. As of five years ago, Windows Live Messenger had over 330 million active users each month.
MSN Messenger was maintained in China through a partnership with Chinese media company TOM Group. The joint venture ended last year due to a dispute between TOM Group and Skype over the new users acquired by Skype during its 9 year history in China, according to Business Insider. Microsoft is operating Skype in China with a company called Guangming Founder. The Chinese version of Skype — which competes against Tencent’s QQ messaging software — has been modified to support Internet regulations.
MSN Messenger / Credit: Microsoft.com
MSN Messenger / Credit: Microsoft.com
Skype was created by Janus Friis and Niklas Zennström in August 2003. The two of them also built the file-sharing application KaZaa, a video-sharing service called Joost and online music streaming company Rdio. Skype was acquired by eBay EBAY -0.2% for $2.6 billion in September 2005. Since the integration of Skype and eBay did not work out, a group of investors led by private equity firm Silver Lake Partners bought a controlling of Skype for $1.9 billion from eBay in 2009. Two years later, Microsoft picked up Skype for $8.5 billion in October 2011 and the integration process started right away. For example, Skype was built into Microsoft Office 9 months later.
Many people feel nostalgic about MSN Messenger shutting down, including myself. MSN Messenger was around before Gmail, MySpace, Facebook, WhatsApp, Snapchat, Twitter TWTR +1.84% and Instagram. When MSN Messenger first launched, I had to use a 56k modem to log in to the service and hope that someone did not call the landline while I was chatting with my friends. MSN Messenger told me when I received a new e-mail in my Hotmail account too. MSN Messenger will truly be missed by many.
Do you have memories of MSN Messenger? What are your thoughts about the complete shut down of MSN Messenger? Let us know in the comments below!
Success is a matter of signaling.
To Sylvia Ann Hewlett, that signaling is a matter of “Executive Presence,” which is the title of her new book. Hewlett says executive presence is a matter of “communicating that you have what it takes.”
It’s that it quality that draws people — and job offers, promotions, and opportunities — toward you. But getting it wrong can repel people.
In an earlier post we looked at those positive signals, which were identified by Hewlett and her team at the Center for Talent Innovation in their survey of 4,000 professionals in the U.S.
Here are a few of the behaviors to avoid.
1. Not having emotional intelligence.
If you want to lose an election, be tone-deaf toward people’s emotional lives.
Cut to: Mitt Romney.
“That he could say things like ‘binders full of women,’ that 43% of the population are losers — it gave a real sense of a man in a bubble who was clueless to how real people live,” Hewlett says. “Obviously that did him no good in the election.”
Such an ire-drawing insensitivity can find its way into the workplace, like with racist or sexist language. Hewlett’s research finds that those are reliable ways to look like you’re not to be trusted with responsibility.
2. Checking your phone incessantly.
Projecting capability requires you to look like you’re actually in the room — not sucked into your phone.
“We found that constant device checking was a huge piece of resentment amongst bosses and a big black mark for up and comers who did not have the courtesy to focus,” Hewlett says.
It’s not enough to know your facts, she says; you have to have the body language of being present. Since body language is one of the strongest forms of communication, being alert and attentive to your colleagues is one of the easiest ways to evidence your ability to get things done.
3. Looking physically sluggish.
“There’s a real premium on fitness and looking as though you exercised recently,” Hewlett says, “and that is much more important than the size of your waist.”
Again, she says, it’s a matter of signaling: showing that you can take care of your body demonstrates that you can take care of whatever responsibility might be headed your way. It goes for men and women equally, whether they’re 28 or 40. Hewlett says we’re all under scrutiny to look physically able.
4. Getting into sex scandals.
If people are going to trust you with power, you need to appear trustworthy. For this reason, Hewlett says that “sexual impropriety takes some kind of prize as a career killer.”
For a few examples, notice the word “former” for all these one-time headliners:
Extramarital, intra-organizational dalliances are such career killers since they call into questions people’s judgment, Hewlett says, and their very ability to lead.
5. Not having spontaneity.
To signal that you’re able, you need to show that you have a deep knowledge of your subject area. For example, notice how Elon Musk and Marissa Mayer drill into any pitches that come their way. To Hewlett, spontaneity is a natural outgrowth of that understanding.
“When my first big book came out I was overwhelmingly boring,” Hewlett says. She had been a college professor for years, she said, which trained her in not telling stories, hiding behind podiums, and generally going over “like a lead balloon” in public settings.
The solution is to be overwhelmingly prepared — so you can improvise when you’re overwhelmed, like the best TED speakers do.
“You have to know the arc of what you want to say so that it comes out even when you’re super nervous,” Hewlett says.
The takeaway: signaling that your capable — showing that you have executive presence — is a lot like a duck gliding across the water. Above the surface it looks relaxed, but take a look underneath, and those feet are pedaling hard.
Mozilla is best known for its desktop browser, Firefox. But it also has a mobile operating system, Firefox OS, that gets so little attention you might think the company was tryingto keep it a secret. (To see what it looks like, check out this Fortune story.)
Mozilla’s big problem in getting people to use Firefox OS is that if you’re an Android or Apple iOS user enjoying top-notch hardware and the myriad apps available for either system, why would you ever want to switch to an upstart, unproven OS with few developers working on cool new software? You wouldn’t. And Firefox OS’ competitors already dominate the existing smartphone market—globally, in the last quarter of 2013, Android OS had 78% of smartphone users, Apple’s iOS had 18% and the rest was split between BlackBerry, Windows Phone and various small-fry operations.
So if people who already have a smartphone won’t switch to Firefox OS, how could Mozilla possibly get a bigger slice of the mobile OS pie? Simple: Create new smartphone owners.
The $25 Mozilla smartphone—packed with Firefox OS, of course—will be sold in emerging markets like India and Indonesia, theJournal reports. Old-school “feature phones” still dominate in those countries because they’re ultra-cheap devices in countries where a few dollars can make the difference between poverty and sustainability. Mozilla’s bet is this: Bring smartphone prices in emerging markets down to $25, where they can compete on cost with feature phones, and people will jump at the chance to upgrade. And when they do, boom, a bunch of people are suddenly using Firefox OS, finally making it a relevant player in the global mobile OS wars.
Even if Mozilla breaks even or takes a loss on the hardware, it could eventually turn some kind of a profit on software, a model used by Amazon’s Kindle and most gaming consoles. And there are good reasons to root for Mozilla’s $25 smartphone gambit: If it’s successful, it has the potential to ignite a new wave of software entrepreneurship in emerging markets, where a comparatively small number of developers have mostly been focused on low-tech—but still impressive—apps based on SMS and WAPP, two technologies largely considered outdated in the U.S. but still widely used in many countries abroad.
What could thwart Mozilla’s plans, however, is largely outside of its domain: infrastructure. For smartphones to do smartphone stuff, they need a mobile data connection. India and Indonesia have both been taking pains to improve their respective mobile broadband infrastructures—and there’s clear demand for it in both countries—but both countries have plenty more to do before penetration rates hit satisfactory levels.
If there’s clear customer demand for Mozilla’s $25 smartphone in either country (and elsewhere), that could convince lawmakers and telecom leaders to build more cell towers, lay down fiber and make other capital investments in their networks. But for now, infrastructure remains the weak link in Mozilla’s mission to conquer emerging markets $25 at a time.
Is it a case of panic as equity sets to join the industry ?
Safaricom is bracing itself for an upcoming ruling by the competition watchdog, which could force it to open up its M-Pesa agency network to rivals.
M-Pesa’s popularity, which has won it 18.1 million customers since its launch in 2007, has largely been attributed to its vast network of agents across the country that makes it easy for users to deposit and withdraw cash from mobile phones.
Airtel, Orange and yuMobile, on the other hand, have relatively small networks of agency shops, making it difficult for their users to transact business using their phones.
However, a ruling by the Competition Authority of Kenya (CAK) which is expected by June 30, could force Safaricom to allow Airtel, yuMobile and Orange users to withdraw and deposit cash freely at M-Pesa agent shops.
Safaricom says its already preparing for this eventuality, which threatens its dominance in the lucrative mobile money transfer services.
“Due to the growing pervasiveness of mobile money platforms globally, it is now necessary to pursue a standards-led discussion on interoperability,” said Nzioka Waita, the director of corporate affairs at Safaricom.
Last week, three Tanzanian telecom operators – Tigo, Zantel and Airtel – announced an agreement that will allow customers to send mobile money freely across their networks, indicating the shifting ground in the industry.
CAK director-general Wang’ombe Kariuki said the authority will give its ruling on Safaricom’s alleged abuse of its dominant position by locking out rivals from its vast network of mobile money agents by the end of this month.
The petition had been filed by Airtel. Safaricom, which has repeatedly denied the accusation of unfair dominance and Airtel’s push for interoperability, now says it is not opposed to the idea of opening up its M-Pesa network to other players.
The telco, however, says there is need for rules to be set detailing just how inter-operability will work, including the sharing of earnings between competitor firms and their agents.
The duration to set rules of mobile money network interoperability could take up to two years, buying Safaricom time to prepare for the change.
Liberalisation of the platforms could be a huge victory for Airtel, which has been relentlessly pushing this agenda. Last year, it filed a complaint against Safaricom at CAK and at the High Court.
Airtel accuses Safaricom, whose share of the mobile money market stands at 73 per cent, of pricing it out of business by keeping the costs of transactions for unregistered users at double that of registered customers.
Safaricom treats cash recipients in other networks as unregistered users. Since M-Pesa is an SMS-based service, Airtel argued in court, the cost charged should not be more than the Sh2 it costs the operator to terminate an SMS from a different operator.
“We have made extensive progress on this matter as part of an out-of-court settlement agreed upon by both parties. By the end of this month, we shall have made a ruling,” said Mr Kariuki.
Airtel also says that since Safaricom’s agents account for 88 per cent of all agents in the telecom industry, the bulk of the mobile money transactions are restricted to its network, allegedly denying Kenyans freedom of choice.
whats your say?
Ok lets get going with the first strategy.
Last year I had the privilege of sitting in Trump Tower in New York, in Donald Trump’s Offices with George Ross, Donald Trump’s right hand man and #1 advisor. George is 86 years old and has run a number of businesses in New York since the early 1950s. He shared a number of insights with me but one stood out and has helped me achieve success in the last year.
When I asked George what is the best advice he could give entrepreneurs, he said protect and manage your resource. The most common mistake small businesses make or even people in general, is they say yes to too much and do not protect their primary resource, which is their time.
You can only do so much with your time, your employees time and other related resources you have in your business. Ensure you protect your resource, especially time, and use it as wisely as you can.
Let me share 3 ways you can protect your resources and make sure they get used in the best way possible.
Be clear about what you want to achieve. Crystal clear. Write it down and then create a plan. Work out the exact steps you need to take in order to achieve it. Work out how much time and resource each step will take and who will be responsible for it. Then go back and double those allocated times. Rather over budget how much time and resource you require than under budget.
There are critical task you as the owner or leader must do. Ensure you identify what these tasks are. This is how you best serve the business, so ensure you spend most of your time doing those task. Everything else, outsource, delegate or get rid of. So often we get caught up in the chaos instead of doing what we need to do to best serve our own business and lives.
As humans we tend to be YES people. We say yes to far to much and then end up letting people down by not being able to deliver on what we said yes to. Success is more about what you say no to than what you say yes to. Get comfortable with the word NO, do not worry about what other people will say or feel and start committing to a lot less and focussing on the right things for you and your business.
In the next article I will share what research has show is the #1 habit of wealthy people and the one thing wealthy people do more than “poor” people than anything else out there. You will be surprised when you find out that the people who need this the least, do it the most and those who need it the most do it the least.
I will release this article in the next few days. If you want to make sure you get it, please fill in your name and email below and we will email you the minute it is released.
Please also feel free to leave comments or ask any questions you might have. I will do my best to answer what I can timeously.
Google buys Word Lens, The Real-Time Translation App, is Now Free
Android/iOS: Word Lens, the app that can translate the words and language it sees in real time, is free to download today.
Google has purchased Word Lens’ parent company, Quest Visual, and their first move was making the app free to download. Additionally, all of the language packs added since it’s release are available for free within the app too.. Hit the links below to download it and try it out for yourself.