business technology news

VendScreen to unveil mobile payment technology for vending machines

03/14/2012 Jesse Collins

VendScreen has announced that it will be beginning the initial release of its mobile payment technology at the upcoming NAMA One Show in Las Vegas next month. The concept behind the VendScreen device is that it can be installed into any existing vending machine in order to be able to receive payments for the products it contains through the use of a credit card, loyalty card, or online account and, potentially in the future, discount QR codes from advertisers, as well. The smart device is Android-based and wirelessly connects to…

PayPal to announce intention to launch competition for Square

03/14/201203/19/2012 L. Green

On Thursday, PayPal will be announcing a small business solution that will include a dongle for mobile payments which will provide direct competition to Intuit (intu), Square, Verifone, and others. This PayPal dongle, which will be triangle-shaped, will make it possible for small business owners to be able to process the swipe of a credit card by using a smartphone, in a way that is comparable to PAYware by Verifone, Square, and GoPayment at Intuit. This effort will align well with PayPal’s recent efforts to carry its payment services into…

Microsoft shows off their new augmented reality mirror called Holoflector

02/29/201202/28/2012 Stephen Vagus

Microsoft is currently working on a new type of augmented reality system that could change the way people see themselves. The famed technology company showed off a series of prototypes this week at the Microsoft TechForum event in Redmond, Washington, for their new augmented reality mirror called the “Holoflector.” While the name may sound a little corny, the technology behind the system is the true star. Microsoft claims that their system is one of the most advanced AR systems and was eager to show off how it worked. The Holoflector…

Texas Instruments shows off new OMAP 5 platform at the Mobile World Congress in Spain

02/27/201202/27/2012 Stephen Vagus

Texas Instruments Incorporated (TI), a global technology development company, has big plans for augmented reality and will be showing of the latest version of its OMAP mobile processors at the Mobile World Congress conference this week in Barcelona, Spain. The company’s OMAP 5 platform, the latest development to their popular line of processors, will incorporate several new technologies that will make it one of the most powerful and versatile processors available. TI believes that the OMAP 5 will show people a new side of augmented reality that could change their…

Augmented reality system could help astronauts perform complicated surgeries while on mission

02/15/201202/15/2012 Stephen Vagus

Augmented reality has been gaining more attention for its possible applications in the medical field. The technology could give surgeons a way to perform surgeries. The European Space Agency (ESA) has developed a new augmented reality system called the Computer Assisted Medical Diagnosis and Surgery System (CAMDASS). The agency believes that this system could be a major benefit for astronauts with medical training and could prepare them for any medical emergencies that arise during lengthy missions. Currently, CAMDASS is being used for diagnostic purposes. Using the system’s head-mounted device, astronauts…

Augmented reality glasses from Vergence Labs have world changing potential

02/14/201202/14/2012 Sam Lambert

A new brand of high-tech eyewear has made an entrance into the growing market of augmented reality-enhanced glasses. Vergence Labs, a technology company, has announced that its engineers have created a prototype augmented reality glasses system that incorporates cloud technology. Like similar products coming from other companies, these glasses are meant to enhance the wearer’s vision and provide them with information they might find helpful. Unlike other products, however, these glasses are also equipped with facial recognition technology, which could be very useful in terms of social networking. The glasses…

DARPA throws support behind augmented reality contact lenses from Innovega

02/06/2012 Sam Lambert

Augmented reality may be the future of marketing, but that is not the only use for the technology. In recent years, augmented reality has advanced at a rapid pace. Technology developers have made major strides in taking the technology from the regions of novelty to the realm of practicality. These efforts have not gone unnoticed by the U.S. government. The Defense Advanced Research Projects Agency (DARPA) has begun investing in a new project from Innovega, a Washington-based technology developer. Innovega specializes in high-tech eyewear. The company has created a new…

The future of health care may be in the hands of augmented reality and NFC technology

01/11/201201/11/2012 L. Green

Ergonomidesign, a leading design consultancy firm, has revealed what the future of health care system may look like. A team of researchers from the firm have created a new system that combines the emerging trends in technology, life and health science, and social networking. Much of the system makes use of augmented reality technology to handle high detail displays of information. The physical aspects of the system use NFC technology as a way to enable quick communications between patients and health care professionals. To see the firm’s creation, it looks…

The wild, wild west of cyber space

06/01/2011 Jennifer Goula

Android fans, prepare to take a side; the inevitable war is brewing. If the rumor mill and speculators have the figures right, we should see this competition start in time for the holiday season. Google may be going toe to toe with Amazon. Amazon may be coming out with an Android family of devices. Tech Crunch received a tip and confirmation late last year that Amazon would be launching their own (Android) app store. They also received a tip that Amazon would be working on their own Android-based tablet. Just…

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