| Today's Top 3 Stories | | #1 | Bitcoin Needs Tighter Rules Than Banks, Say Prosecutors | | | Virtual-currency firms should face regulations that are tougher than those for established financial-services providers because of their ability to hide criminal activity, according to law enforcement officials. (Bloomberg)
Why This Is Important: The law often lags behind innovation, but with something as crucial as money, in any form, it can't afford to.
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| | #2 | Lenovo Faces Chance To Become Rare PC Maker Successful In Phones
| | | PC makers have often struggled when it comes to selling smartphones, but China's Lenovo could be on the cusp of making a breakthrough. The company's $2.9 billion deal to buy Motorola Mobility from Google might end up paving the way for Lenovo to become one of the rare PC makers with a prominent handset business. (ComputerWorld)
Why This Is Important: Lenovo is buying Motorola from Google. In China, the company is the biggest smartphone seller. With this purchase, Lenovo hopes to break into the U.S. market as well.
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| | #3 | PayPal Wants To Partner With Apple On iPhone Mobile Payment Platform - Report
| | | Details on PayPal's alleged pitch were revealed on Thursday by Re/code, citing unnamed sources who indicated that
the company told Apple is it is "willing to white label parts of its payment service," including fraud detection and even potentially the processing of payments. (AppleInsider)
Why This Is Important: PayPal wants to get its foot in the door before Apple can develop feasible alternative payment methods. According to the proposition, PayPal would handle fraud detection and potentially the processing of payments.
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"You really want people to spend a little bit of time with it and appreciate that content," says Mike Matas product designer of Facebook's new standalone iPhone app, Paper. "Almost like when you go to a museum and you spend a little bit of time with each thing."
| | | Blog Post of The Day | Will Technology Make Work Better For Everyone?
By Miles Brundage
Two major publications hit bookstore shelves last week with the same overarching theme: The Second Machine Age,
an important and (deservedly) much hyped new book on the future of technology and work from Andrew McAfee and
Erik Brynjolfsson, and the Jan. 18 issue of the Economist, whose cover story paints a similar picture of the rapidly evolving nature of work. Yet each of these focuses primarily on one half of the story—how technology will affect the quantity of work, rather than the quality. More » |
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