Cody Taylor

theodp writes “Imagine a technology that lets you pay for products just by waving your cellphone over a reader. You wouldn’t have to if you lived in Japan, where people have been using it for the last five years to pay for everything from train tickets to groceries to candy in vending machines. While nearly everyone who’s tried it has liked this form of payment, consumers in the United States won’t be able to wave-and-pay anytime soon: The companies that must work together to give the technology to the masses can’t agree on how to split the resulting revenue.”

Read more of this story at Slashdot.

In a sharp reversal of Bush administration policy, California and 13 other states will be allowed to set stricter automobile emissions and fuel efficiency standards. Under the policy, automobile manufacturers must begin producing and selling cars and trucks that get higher mileage than the national standard, against the wishes of auto companies.