Japan moves toward wallet cell phones with embedded cash chip
In Japan a new P506iC handset from Matsushita, on NTT DoCoMo, embeds electronic cash chips for mobile commerce. Users load cash at machines with bills, then simply wave the phone near store displays or vending machines. Transactions slide through via radio frequency ID, instantly deducting from the chip with a ¥50,000 limit.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
South Korea
NTT DoCoMo
Matsushita Electric Industrial Co
Motorola Surges in Sales Despite Chip Unit Spin Off Loss
Motorola posts a second straight double-digit sales quarter and forecasts stronger results as it spins out Freescale Semiconductor. The company reports a 203 million quarterly loss but operating earnings rise nearly fivefold, with third quarter revenue seen at 8.4 to 8.8 billion and net earnings tripling.
MENTIONED IN THIS ARTICLE
Chicago
Motorola Inc
Motorola
New York Stock Exchange
Matt Hoffman
Schwab Soundview Capital Markets
Albert Lin
American Technology Research
Freescale Semiconductor Inc
Ed Zander
Nokia
Coal power model promises cheap clean electricity
A new coal based power model is described as capable of generating low cost electricity and has potential to support infrastructure by building bridges as well. The project is highlighted as powerful and influential across energy and engineering sectors.
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Westside
Better Carbondale
Tani
Prairie State Energy Campus
Peabody Energy
Prairie State Energy
Nashville
Ill
Prairie State
Illinois
Southern Illinois
PrairieStateEnergyCampus.com
Washington County
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