The video game industry is growing 4 times faster than the U.S. economy

game industry

An Electronic Arts employee works on a character for “MySims.”

The U.S. economy is on the upswing. Unemployment is down to 5.8 percent, and we’re adding hundreds of thousands of new jobs every months — and the video game industry is partially responsible for that.

 

 

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The problems with credit and debit cards are bigger than we thought

The Target hack shows our payment systems are in big trouble.

The problems with debit and credit cards are no longer about high-tech skimmers at gas stations and restaurants.  Things have gotten worse, not better. According to a December 19 update on the Target problem by security reporter Brian Krebs, as many as “40 million credit and debit card accounts may have been impacted between Nov. 27 and Dec. 15, 2013.” After first claiming that ATM PINs weren’t involved, Target later conceded they were stolen, too.

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Young businesses destroy more jobs than they create except in the tech industry

Young tech companies create more jobs than they destroy.

There is some cause for alarm in the startup world. On the whole, young companies destroy more jobs than they create. That’s because so many of them fail.  But there is some solace: Young tech companies create many more jobs than they destroy, even taking into account a high failure rate.

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The world’s top cities for startups

Silicon Valley tops the list.

The world’s unquestionable leader in generating high-tech start-ups that launch new technologies that change the way we live and work is Silicon Valley. Many cities around the world have tried to emulate its success. But until recently, the data has been lacking to calibrate and rank how far they have come.

 

 

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Women embracing new technology at a higher rate than men

women and technology

Women express more interest in buying tablets, laptops and smartphones.

Two thousand consumers were recently surveyed about their buying habits with unexpected results.  The survey found that women are embracing new technology and gadgets at a higher rate than men. The insight, provided by retailer HSN, has left men everywhere responding with a characteristic “Whuh?”

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Canada’s new high-tech plastic currency

canadian-money

Canada’s plastic currency.

Many of us rely on plastic credit and debit cards to make the majority of our daily purchases but still the idea of saying goodbye to paper money seems ludicrous. The Bank of Canada is planning to do just that, and the first in an all-new line of plastic money will begin rolling out to consumers this month. The bills — made of a single piece of polymer — boast a longer life than paper notes, as well as some advanced security features to keep counterfeiters scratching their heads.

 

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How your car could be a star witness against you in court

Car-Black-BOX

Information collected by a car block box intended to help improve federal safety standards, but increasingly it is being used in court cases.

If you are in a serious car accident and are unfortunate enough to land in court afterwards, the the star witness against you may not be an eyewitness or even a human being, it could be your car.

 

 

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