“Technically, it’s illegal for Chinese merchants to refuse payment in cash, but this rule is hardly ever enforced,” writes BoingBoing, “and China has been sprinting to a cashless society that requires mobile devices — not credit-cards — to effect payments, even to street hawkers.” ttyler (Slashdot reader #20,687) shares their report:
This has lots of implications for privacy, surveillance, taxation, and fairness,…
Tag: The Wall Street Journal
How Google Interferes With Its Search Algorithms and Changes Your Results
Long-time Slashdot reader walterbyrd shared this report on “arguably the most powerful lines of computer code in the global economy,” the Google algorithms that handle 3.8 million queries every single minute. But though Google claims its algorithms are objective and autonomous, the Wall Street Journal reports Google “has increasingly re-engineered and interfered with search results to a far greater degree than…
Next in Google’s Quest for Consumer Dominance — Banking
Google will soon offer checking accounts to consumers, becoming the latest Silicon Valley heavyweight to push into finance. The Wall Street Journal: The project, code-named Cache, is expected to launch next year with accounts run by Citigroup and a credit union at Stanford University, a tiny lender in Google’s backyard. Big tech companies see financial services as a way to get…