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Apple Patents Mobile Payment System Called ‘Transaction’

A patent application recently surfaced in which Apple details a mobile payment system they name Transaction. Basically, with Transaction, users will be able to use their iPhones as an electronic payment solution, like a credit card.

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A great idea, but I’m sure many people will be reluctant to keep their financial information on their iPhone considering the devices can be accessed and hacked like we’ve seen in the past. Maybe that’s why Apple has yet released the app. Or maybe they just haven’t built it yet. The patent application was originally filed back in 2008.

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Science:

Japan Wants Mind-Reading Robots by 2020

A few weeks ago, an article in Japan’s largest business newspaper cast an exciting and somewhat startling vision of the future — Japan’s goal to make mind-reading devices and robots commercially available by 2020. These robots would act as personal assistants using Artificial Intelligence that could determine whether you are hungry, tired, hot or cold, or in need of assistance.

Brain-Machine Interface devices currently exist in the U.S. and abroad and involves something called an EEG (Electroencephalography) sensor synced with a computer which can be controlled by thought. We’re talking about turning on your coffee machine just by thinking about it or changing the channel on your television, or applying the brakes on your car.

We’re years away from making these technologies commercially available, but trials are promising and the thought of mind-reading AI bots is exciting. Right now, prototypes include headbands, helmets, and actual brain implants to interpret brainwaves.

Thought Controlled Wheelchair:


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Around The Web

last update: May 26, 2013

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Bicycle Sharing in Denver with B-Share

How great would it be if you could grab a bike for the day, ride around town and then just simply return the bike? A new service by B-Share is exactly that. Best part is you’ll be reducing the amount of time spent driving and as a result lowering your own carbon footprint in the process.

The Denver based company just launched this past Earth Day, April 22nd, with 40 B-Share kiosks spread out around the Denver metro area. They plan to have 50 installed by the end of June and will then continue their expansion in other cities throughout the nation (vote for your city here).

The program is very simple:
Sign-in: Sign up online or purchase a 24-hour membership at a B-station
Select: Choose a bike from any B-station
Ride: Grab your bike and go
Return: Park your B-cycle at any B-station

You can pick up and return your B-cycle at any of the various locations. Users can sign up for 7-day ($20), 30-day ($30) or annual memberships ($65) online. Users can also purchase a $5 24-hour membership at the B-cycle station with a credit card. They offer discounts for students and seniors as well.

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Contests:

Win a SrmtCase for your Mobile Device #2

Last week we gave away a SmrtCase to one of our readers and this week we’ve got another one to give away.

You carry around your phone and you carry around your cards, ID, etc. Wouldn’t it be great if you could put it all together in one clever carrying case so that you can get back the real estate in your pockets that the two separately used to take up? Yup. Well, SmrtCase does just that. If you’ve got an iPhone or a BlackBerry Tour, then you’re in luck. SmrtCase is letting us give away any model from their site.

HOW TO WIN A SMRTCASE

All you’ve got to do to win is add @Tech_Vert on twitter and send out a tweet saying the following:

RT to win a SmrtCase from @Tech_Vert http://bit.ly/c8nTdI (RT to enter)

The more you tweet, the more chances you’ll have to win. We’ll choose one person on Tuesday, May 12 at 11:59pm. Then we’ll send the winner a message to let them know they’ve won. Good Luck!

If you don’t win, no worries! We’re doing a giveaway every weekday in May. You might want to add TechVert on facebook or sign up for our newsletter or RSS feed to be notified when we’ve got another contest live.

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Gadgets:

Gameboy iPad Sleeve FTW

Remember the Nintendo Gameboy? I do. I used to play the Teenage Mutant Ninja Turtles game alllllll day. Now, I am excited to see that i can keep my iPad safe and clean in a case that reminds me of a defining time in my childhood, thanks to this Gameboy iPad Sleeve. As if I wasn’t enough of a geek already. Do Want.

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Mozilla CEO John Lilly Stepping Down

Time for a new leader over at Mozilla, the company most known for its Firefox web browser. Sources tipped off Kara Swisher of AllThingsD letting her know that John Lilly will be resigning as CEO of the browsing powerhouse for another position at venture firm, Greylock.

The search for a replacement is already on, and although they would like to just find the right guy and make the swap, it’s more likely that there will be a gradual transition between Lilly and whomever is to replace him.

Lilly leaves on good terms, and will remain on Mozilla’s board. Mozilla’s Firefox browser has been growing ever since it debuted in 2004. Recent numbers put the browser’s popularity at a little over 24% of total Internet browsing.

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Lifestyle:

Technology Developed for NFL Draft by New Orleans Saints

In this years NFL Draft, the New Orleans Saints’ general manager, Mickey Loomis, employed a new technology to help him guide his final picks. The software he used called I.C.E. (an acronym for Interactive, Collaboration, and Evaluation) was developed for the Saints by a Microsoft partner company.

Basically, the software allows the Saints to gather tons of information, videos and pics of players and compress and compare it all, creating a large database of virtual “trading cards” that allowed Loomis to make informed decisions in a split second. The results were projected onto large walls and smaller screens so that every coach and executive could follow along in real time and view the list of the best available picks at any one time.

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Mobile:

Apple and AT&T Original Exclusivity Through 2012

Though there has been much speculation about Apple ending their exclusivity contract with AT&T and allowing for an iPhone on another carrier (like Verizon), Apple has recently confirmed that their original contract runs through 2012. This confirmation pretty much squashes any rumors (of which there have been many) of the iPhone moving to another provider.

So what now? Well, even though Apple and AT&T are bound to the agreement by their contract, the contract could always be canceled or amended. So, although it may seem, for now that we won’t see the iPhone on another carrier until after 2012, that may not be the case. According to Engadget, there is an ongoing class-action lawsuit claiming that “Apple and AT&T illegally exerted a monopoly over iPhone service by telling customers the iPhone’s required service contract was two years long when the Apple / AT&T exclusivity deal was actually for five years — thus requiring buyers to re-up with AT&T for three years (and not, say, T-Mobile) if they wanted to keep using the iPhone.”

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