Consumers Union questions safety of paying with smart phones
Wed, 08/25/2010 - 03:00 EDT - LA Times
The publisher of Consumer Reports calls on regulators to create protections for payments made with mobile devices.Paying for a shopping spree by waving a smart phone may be more exciting than swiping a credit card, but according to Consumers Union, it might not be as safe.
If you’re a recent college graduate, you’re probably concerned about all things financial – from finding a full-time job to renting a home to saving for retirement to dealing with student loan debt. And in the midst of all that, you’ll have to decide how to use credit cards to better your own financial future.
NEW YORK (Reuters) - Two security experts said they have figured out how to spy on Verizon Wireless mobile phone customers by hacking into devices the U.S. carrier sells to boost wireless signals indoors.
The shift from computers to mobile devices and tablets is a work in progress. But it’s one that’s gone far already… from how you communicate with family and friends, to how you digest publicly traded content. Compared to decades ago, we really have it made.
Consider the following facts in the words of Peter Diamandis:
The software will act like a “wrapper” for the Android operating system and become the main way to use a phone, reports The BBC.
Notifications, images and messages will appear on the main screen of the phone instead of being accessible via a downloadable app.
Facebook founder Mark Zuckerberg said the change would put people, not apps, at the heart of the mobile experience.
There's a very good chance you are sitting on a few hundred dollars worth of old smartphones. A new study from Consumer Intelligence Research Partners says less than 20% of smartphone owners sell or trade-in their old phone when they upgrade to the latest model.