or Connect
New Posts  All Forums:

Posts by TheOtherGeoff

I dunno.   There a billions in offshore money that could be used to fund an Apple Bank in regions that are not hotly contested (regulations = political lobbying).   Earning 3.0% [assuming 16% margins on a 17.99% interest rate] on that money may be worthwhile. They are your record companyYour backups company (well, that may not be working out well at the moment).your email companyyour app storeyour photo developer your Sapphire mining company ;-) Minimally, I see them as...
I think the 'smart endpoint' will be a fundamental shift in how credit accounts are handled.  The physical card is silly, and the intermediate PoS devices are suspect too.  Building an end to end solution where each party (buyer, seller, bank) only know what they need to know solves the fundamental issue of too much data passed I buy a coffeePoS device says "$4.28 plus what ever tip you want"I tap my phone, it receives 'Seller XXXX [an encrypted token for their bank...
Not for the first 10 years.   Apple is repeating history.   Think 'music.'  Think 'break even.' Those profits assume you can plug/replace trillions of transactions... most of those transactions are not done by people who have smartphones or retailers who can handle a digitally secured transaction (simple example...  any mid level restaurant where you hand your card to the wait staff and they take it to the 'Point of Sale', and arguably, the least secure of transaction...
sigh...   Apple products stand on their own.   Apple's only competition is people's expectations of Apple's Products.   Samsung doesn't win market share, Apple just doesn't want parts of the market.   
Remember: You don't pre announce if you are part of an Apple Event. - Costed Dr Dre 300 Million to pre-tweet their deal. -  how many people/capabilities have been removed from Keynotes/announcements by leaking stuff before Apple       - gizmodo;-)      - ATI (http://daringfireball.net/linked/2014/05/23/ati)      - McGraw Hill (http://venturebeat.com/2010/01/27/mcgraw-ipad/)     The 1st rule of apple announcements is you do not talk about the content of apple...
It definitely is the right user experience.   I move my hand to the pay station (within range) , and then authorize it with a touch of a finger. I think the hard thing would be payment selection...  Unless there is a Geo based or iBeacon defined default for a location. (when in Starbucks use your gift card, when in Albertsons, use your debit card, when in Home Depot or Target... PAY CASH!!!!) ;-) Otherwise, I would have thought the phone popping up a notification to use...
Hmmm, Robbers wandering the streets with active and mobile NFC station grabbing peoples' arms and forcing them to touch their watches?  Yeah, that looks like a feasible robbery method. not.
where does it sound like phishing?  There are other methods of targeting. You think these celebs shop at Target during the holidays?  That's a stretch.
I dunno.   The statement issued doesn't absolve them if their API code allowing infinite tries was in fact the problem, or if that was just coincidental. What I did read was... If you're not a celebrity, don't worry, your pictures are likely safe, unless someone has targeted you and we don't know it
3 thoughts. 1) The posted code was a classic hack.  They hacked the Web API and how you authenticate/change passwords passwords from a phone/ipad.  Not the website.  It's a subtle bug (e.g. some of the 'business' [security] logic moved into the UI layer), and pretty classic problem in multi modal web services.   It's less about 'iCloud' and more about 'Apple Cloud Services.'     One side of me says, bad Apple.   No comprehensive regression testing across all interfaces for...
New Posts  All Forums: