Unauthorized charges for things like dating advice and horoscopes are making their way to more cell phone bills. And now the FTC is cracking down.
At CES, Qualcomm gives a baffling keynote and start up Veveo gets a boost. Also, MIT has invented a new process of bending light on a computer chip, which means we're a step closer to hologram televisions, biomedical imaging, and autonomous driving.
Today T-Mobile and MetroPCS announced a merger, uniting them as the fourth largest wireless carrier in the U.S. The cellphone companies will cater to customers seeking low monthly payments, a rapidly growing mobile segment.
Big retailers join the race to develop payment systems for mobile phones. But will consumers pay with smartphones instead of credit cards?
Credit card companies already get a piece of the transaction when consumers use PayPal or Bango to make payments with mobile technology. But can they really compete in the new world of mobile payment?