Walmart, CVS, others boycott Apple Pay

Think about what they’re doing.” wrote Daring Fireball’s John Gruber on Saturday. “They’re turning off NFC payment systems — the whole thing — only because people were actually using them with Apple Pay. Apple Pay works so well that it even works with non-partner systems. These things have been installed for years and so few people used them, apparently, that these retailers would rather block everyone than allow Apple Pay to continue working.”

“I don’t know that CVS and Rite Aid disabling Apple Pay out of spite is going to drive customers to switch pharmacies” writes Gruber. “But I do know that CurrentC is unlikely to ever gain any traction whatsoever.”

CurrentC is the app MCX developed for use on smartphones. Josh Constine gave it a close look in Techcrunch yesterday and came to the same conclusion Gruber did: It’s a system designed not to make consumers’ lives easier, but to do an end run around the credit card companies.

Source: Fortune

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Why CVS and Rite Aid are blocking Apple Pay


May be time to switch from CVS to Walgreens?

Originally posted on Fortune:

I drove my iPhone 6 to Walgreens last week to buy a tube of toothpaste.

I usually buy that kind of stuff at CVS, which is closer and open 24 hours a day. But Walgreens had Apple Pay, and I was eager to give Cupertino’s new swipe-and-pay system a whirl.

Turns out I could have gone to CVS that day. They weren’t part of Apple’s rollout, but according to team Re/code, Apple Pay worked like a charm on CVS’ checkout scanners too.

Or it did until CVS, Rite Aid and a host of other retailers turned their scanners off.

They are part of a Walmart-led consortium called MCX (Merchant Customer Exchange) that’s backed a different technology: Not the NFC (near-field communications) system that Apple (and Google) adopted, but those square QR (quick response) codes that look like the fingerprints a robot might leave.

Think about what they’re doing.”…

View original 275 more words

Lockheed Compact Fusion Reactor

Can this be real?


The Skunk Works mind-set and “the pace that people work at here is ridiculously fast,” he says. “We would like to get to a prototype in five generations. If we can meet our plan of doing a design-build-test generation every year, that will put us at about five years, and we’ve already shown we can do that in the lab.”

The early reactors will be designed to generate around 100 MW and fit into transportable units measuring 23 X 43 ft. “That’s the size we are thinking of now. You could put it on a semi-trailer, similar to a small gas turbine, put it on a pad, hook it up and can be running in a few weeks,”

Thomas McGuire, AviationWeek interview (see link below)

Wow …