“I had a nice call with Visa, and I know the MA team as well. The network planning on the tokenization is just tremendous.. No changes to the network, using auth messages as the mechanism for Issuers to approve and bind token. Apple token assurance information in the existing card data fields.. all just fantastic stuff. Apple is the first implementation of the new EMVCo tokenization specification. In my view this is a giant LEAP beyond EMV chip and PIN, and is now (by far) the most secure PAYMENTS scheme on the planet. (Wish Apple said this instead of showing that old lady 2 times).”

iPhone 6 - Quick Thoughts | Starpoint Blog - Finventures

(I don’t agree with all of this, but I’m no expert. I think the merchant story is less important, for example, because of the EMVCo bit he mentions above. The networks and the banks will want this - our current credit card schemes are a proven security fail. Anything that keeps the raw card numbers from getting stored in merchant systems is a HUGE win on fraud costs.

Again, I’m not an expert, Noyes is well regarded on this, so I’m probably missing details here…)

“By ‘training’ the roots and branches of trees, villagers have created a vast infrastructure of living bridges that span rivers and more.”
“Would we accept “if you don’t want to get tear gassed, just do what your Congressman tells you?””
“Here’s the problem: If your drug cops conduct a raid that ends up putting a child in the hospital with critical burns, and they did nothing that violates your department’s policy, then there’s something wrong with your policy.”
“Most of the large broadband ISPs in the U.S. are cable-television companies that lucked into the broadband ISP market by happening to have last-mile infrastructure already in place.”
“The makers of “Skyfall,” the latest James Bond film, removed a scene involving the killing of a Chinese security guard, and a plot line in which Javier Bardem says he became a villain during his time in Chinese custody. The New York Times has been unable to receive new residency visas for journalists for more than a year, because it reported on the family wealth of Chinese leaders. Bloomberg News is facing similar retaliation for its investigations of party officials. In March, the Bloomberg L.P. chairman, Peter T. Grauer, said the company “should have rethought” the decision to range beyond business news, because it jeopardized the company’s potential market in China.”

As a standalone business, just based on the last 12 months of revenue, the iPad would be in the top 100 companies in the Fortune 500. Think about that for a second. The iPad alone is bigger than almost all Fortune 500 companies.

If the iPad is a fad, it’s the greatest fad in the history of American business.

“As an aside, Bomani isn’t your average sports columnist. He was a dissertation away from a PhD in Economics from UNC-Chapel Hill (he didn’t finish because his desire to be a sports columnist far outstripped—for legitimate reasons it turns out—his desire to be a professor of economics).”

Anyone know if this is true? I can believe it, having read and watched the guy for years.

This Town Needs a Better Class of Racist - Ta-Nehisi Coates - The Atlantic

“Elegant racism is invisible, supple, and enduring. It disguises itself in the national vocabulary, avoids epithets and didacticism. Grace is the singular marker of elegant racism. One should never underestimate the touch needed to, say, injure the voting rights of black people without ever saying their names. Elegant racism lives at the border of white shame. Elegant racism was the poll tax. Elegant racism is voter-ID laws.”
“Let’s use this tawdry incident to remind ourselves of the old saying: “Eternal vigilance is the price of freedom.” Instead of being content to punish Sterling and go back to sleep, we need to be inspired to vigilantly seek out, expose, and eliminate racism at its first signs.”