November 26, 2010

It’s called “Black Friday” but many big retailers are seeing green with visions of record sales in the traditional day-after-Thanksgiving start of the holiday shopping season. The CEO of Toys R’ Us is predicting their best Christmas ever. And Target expects to post the best holiday sales in three years, while Wal Mart is using deep discounting in hopes of ending six consecutive quarters of lower sales. Source Link

If your home Internet service is priced by the speed of your connection, why not do the same with your cell phone data plan? The CEO of Verizon says the company is considering tiered service charges based on speed, with a virtual fast lane for smartphone users who want to pay a higher price for quicker web browsing. Source Link

Like a bartender who can recommend a drink that’s right for you, a new Japanese vending machine can size you up and suggest a selection. The high-tech dispenser uses facial recognition to determine the buyer’s age and gender and then make suggestions. Operators say the test model has had triple the regular sales for a typical vending machine. Source Link