Category Archives for technology

The “Wild West” of Domain Names All Over Again

The “Wild West” of Domain Names All Over Again

Until recently, businesses and entrepreneurs establishing websites had a limited selection of available domains to choose from. The Internet was dominated by .com, .net, .org and, to a lesser extent, .biz. Yet, with an aggressive expansion of available domain names in the online world, that’s all set to change. The only remaining hurdle is awareness. Specifically, the problem is that most businesses and entrepreneurs simply don’t know of the multitude of alternatives now available to them. This expansion is largely being driven by the International Corporation for Assigned Names and Numbers, or ICANN. The nonprofit organization has triggered a rush…

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1 in 3 Doctors Expected to Buy the iPhone 6

1 in 3 Doctors Expected to Buy the iPhone 6

The Apple iPhone has been a hit with doctors since its initial release, and that trend is expected to reach new heights with the upcoming release of the company’s new iPhone 6. Apple’s new flagship iPhone line is replete with activity sensors and health and fitness tracking features, prompting some industry analysts to suggest that as many as one in three American doctors will own one by the Thanksgiving holiday. Dr. Nate Gross, the cofounder of the physician-oriented social networking service Doximity, American doctors adopted the iPhone 5 an astonishing 400 percent faster than the overall population. According to Gross,…

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Banks Hungry to Cash in on “Apple Pay” Mobile Commerce

Banks Hungry to Cash in on “Apple Pay” Mobile Commerce

U.S. banking giants are in a race to entice Apple Pay subscribers to select their branded cards when they set up their payment options. Various media outlets have reported that while every major bank in the country has set aside a sizeable “war chest,” Apple is imposing strict guidelines on how financial institutions may and may not market Apple Pay services to bank customers. As many industry onlookers expected, Apple announced on September 9 that its upcoming iPhone 6 line would support mobile payments through near-field communications (NFC) technologies. This feature will enable users to make fast, easy payments at…

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HealthKit Enhances Disease Research and Patient Monitoring

HealthKit Enhances Disease Research and Patient Monitoring

Even though iOS 8’s HealthKit has yet to be officially released, it is already helping doctors at Duke University and Stanford University keep track of patient wellness in individuals suffering from cancer, diabetes and other chronic health conditions. At Stanford, doctors have entered into a partnership with Apple as part of a pilot program to monitor blood sugar levels in diabetic children. The Duke programs include the application of HealthKit’s proprietary health metrics to help doctors improve quality of life for patients with heart disease and cancer. These applications are just the tip of the proverbial iceberg in terms of…

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Chinese Tech Company Alibaba Makes IPO in History

Chinese Tech Company Alibaba Makes IPO in History

Shares of Chinese tech company Alibaba rocketed during the company’s high-profile IPO. Investors and tech industry analysts are already drawing comparisons with Facebook, Tom.com and other recent examples in which speculators flocked to buy a stock without really understanding how the company was going to generate a positive ROI. In Facebook’s case, it’s safe to say that the majority of investors had an incomplete understanding of the company’s business model and its strategy for monetizing its ubiquity. Tom.com generated a huge buzz during its IPO in 2000, despite a near-complete lack of assets. So with Alibaba’s IPO, now is the time for…

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Apple Pay Marks Major Leap for Digital Payments

Apple Pay Marks Major Leap for Digital Payments

In addition to unveiling the Apple Watch and the new iPhone 6 models, Apple also revealed plans to sync up both devices with the Apple Pay digital payment system. The move will allow users to complete online and point-of-sale payments with their smartwatches and smartphones. Apple Pay uses near-field communications (NFC) technologies to allow connected devices within close range of a receiver to make online bank and credit card payments. The inclusion of NFC chips in the new Apple products brings instant payments closer to becoming a common feature of the retail landscape. In the words of Apple CEO Tim…

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Apple Watch to Offers Health and Fitness Tracking Features

Apple Watch to Offers Health and Fitness Tracking Features

Apple has finally made its move into the wearables market official with the unveiling of the Apple Watch at an industry event in Cupertino, California on September 9, 2014. As expected, the Apple Watch is built around comprehensive health and fitness tracking features, something the company’s CEO, Tim Cook, has said is “personal” to him. Some industry observers expressed surprise at just how comprehensive these health and fitness tracking features are. Many had expected that Apple’s first foray into the wearables market would be tempered with a conservative approach, with the Apple Watch limiting itself to features seen in its…

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Entrepreneurship and the Future of Innovative Technology

Entrepreneurship and the Future of Innovative Technology

Entrepreneurship has been a hallmark of progress and advancement since the Enlightenment began in the early 18th century. More than 300 years later, it persists as the fundamental building block of the future; in fact, one could argue that it is more important now than ever before. The world’s population has broken the 7 billion mark. With a growing number of people seeking the same limited amount of resources, competition will only become more intense and the gap between those who have and those who don’t will likely continue to grow. Today, perhaps more so than at any other point in…

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Apple Launches New iPhone 6 and iPhone 6 Plus

Apple Launches New iPhone 6 and iPhone 6 Plus

On September 9 at the Flint Center in Cupertino, California, Apple marked a company first by unveiling multiple new iPhone devices at a single event. The company offered a sneak peek at two iPhone 6 devices, one with a 4.7-inch screen and another with a larger 5.5-inch screen. The smaller version will be known simply as the iPhone 6, with its larger counterpart to be marketed as the iPhone 6 Plus. Both models offer a key improvement over the iPhone 5 in the form of a higher-resolution screen. The iPhone 6 has a 1334 x 750 display offering 326 pixels per inch,…

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Billion-Dollar Mobile Tech Companies Taking the Lead

Billion-Dollar Mobile Tech Companies Taking the Lead

Digi-Capital analyst Tim Merel recently released a 500-plus-page report on the state of mobile Internet investment, and the results may surprise even the savviest tech industry observers. According to Merel, there are more than 20 billion-dollar mobile Internet companies, with several of them posting mind-boggling growth rates. “Mobile Internet first mover advantage is more extreme than in any other technology market in history,” Merel said while noting that there is a “direct relationship” between the amount of value created on an annual basis and the total value accrued in a company over time. “First movers have delivered unprecedented value at…

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