About 7,000 US Starbucks locations are beginning to accept payments using Square's mobile payment application for smartphones.
By Chris Ciaccia, TheStreet.com
The partnership that promises to bring the mobile-payments revolution to the forefront launched Nov. 8, as Square, the start-up that has developed a software-based mobile wallet, rolls out its mobile-payments app at approximately 7,000 Starbucks (SBUX) outlets.
As Square Wallet goes into effect for Starbucks customers, the two companies hope their relationship transforms the mobile-payments experience.
Sales were strong following the late-September launch of Apple's smartphone. But consumers and carriers are getting antsy about ongoing production delays.
Despite early criticism from pundits who asserted that Apple's (AAPL) iPhone 5 was a step back from previous handsets, consumers are still having an extremely difficult time getting their hands on one.
Demand is enormous, and Apple's supplier, Foxconn Technology, is reportedly having problems keeping up with the demand.
"It's not easy to make the iPhones. We are falling short of meeting the huge demand," Foxconn Chairman Terry Gou recently told reporters.
Our digital communications rest uneasily on a platform that wobbled and in some cases broke down altogether in the storm that ravaged New York City and its surroundings.
Although I am ridiculously fortunate to have escaped Hurricane Sandy with only a few downed trees and a week without electricity, the storm left me with the unsettling realization that what passes for Internet infrastructure -- the mishmash of wired, wireless, power and computer technologies that virtual things run on -- is essentially a techno bucket of bolts.
And considering the cost, complexity and uncertainty in doing business on the Web, it is no wonder that information technology giants such as Google (GOOG), Facebook (FB) and Amazon.com (AMZN) see their profit margins under threat.
The World Wide Web will need a worldwide rebuild before anybody ever makes any real money with the thing.
Patient investors might benefit from the chip-maker's heavy investment in touch-panel controllers. A beaten-down stock adds to the allure.
By Richard Saintvilus
Anyone who doubts that touch capabilities are here to stay is not paying enough attention to the smartphone and tablet markets. Consumers every day demonstrate through their spending habits that they want more of it.
For this reason, I have been an unabashed cheerleader of semiconductor giant Atmel (ATML). Its portfolio of touch technologies -- in particular, its controllers with touch-focused properties -- have become vital to the rising popularity of mobile devices.
The Silicon Valley company's stock has lost 38% of its value this year, suggesting that investors don't much care about its touch technology.
But a fresh look at the company's third-quarter financial results suggests it just might be time for investors to reconsider Atmel's market position
But no one cares about inefficient equipment because most people who install panels do so for publicity and marketing rather than for energy.
As one solar company after another goes out of business, here is what investors do not know and promoters will not tell you: Solar panels do not work that well.
Sometimes not at all. But for several years, most solar systems, big and small, were so heavily subsidized, they were practically free. So lots of people did not really care.
Not enough to check the output of their systems. The few who did often had a big surprise.
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[BRIEFING.COM] The stock market ended the holiday-shortened week on a mixed note as the Dow Jones Industrial Average shed 0.1%, while the S&P 500 added 0.1% with seven sectors posting gains.
Equity indices faced an uphill climb from the opening bell after disappointing quarterly results from Google (GOOG 536.10, -20.44) and IBM (IBM 190.04, -6.36) weighed on the early sentiment. Google reported earnings $0.15 below the Capital IQ consensus estimate on revenue of $15.42 ... More
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