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Yikes: 20% drop in housing to cause recession in 2012. I wish I didn't really believe this is going to happen, but I really do. Sigh.
Have you ever wondered what is HTML5? Now you know :) PayPal announces NFC phone-to-phone payments for Android. Cool. You might not know, but PayPal's original product was PDA-to-PDA payments for Palm Pilots using IR. Only incidentally did they build a web interface to allow users to make payments to each other without their Palms, and the rest is history. I don't think there's a significant market for phone-to-phone payments, but there's a huge market for phone-to-merchant payments, especially if PayPal can disintermediate the exchange fees.
Onward... tomorrow we have the Tour's first mountain stage (yay!), and then Shirley and I are off to Pasadena as tourists for a couple of days... stay tuned. ![]() |
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