Although Wallet seemed to have tremendous potential as the next big thing, Square recently pulled the app from mobile app stores after receiving a lukewarm response from consumers and retailers. Square Wallet, created by Twitter inventor Jack Dorsey, offered a radical new way of performing an everyday task by making payments through a mobile app easier. Dorsey’s vision was to reinvent in-person payments for the mobile era, but the public did not seem to respond well. Continue reading After a Lukewarm Response, Square Pulls the Plug on Wallet

Independent film executive Ruth Vitale — who has held positions at New Line Cinema, Paramount Classics and First Look Studios — was recently named executive director of CreativeFuture, a coalition of movie and television producers, unions and companies that is aiming to steer Hollywood’s digital future. After tech giants convinced Congress that proposed antipiracy laws were too restrictive of online freedom, the film and television industries remain threatened by online piracy. CreativeFuture hopes to change that. Continue reading CreativeFuture: Coalition Looks at Solutions to Online Piracy

Considering a mere five percent of U.S. consumers wear activity trackers, will wearables ever cross-over to the mainstream? Even the experts in this field have trouble agreeing. Steven Pierce, of IBM’s global business development, said we’ll have ten devices on our bodies very soon. “Wearables will be the key source of information in five years,” he said, listing implantables and injectables as future wearables. But Sonny Vu, founder of Misfit Wearables, disagreed. “Five years isn’t that far away,” he said. “I don’t think science will advance that fast.” Continue reading Wearables Waiting For a Killer App to Take Them Mainstream