Subscribe free to our newsletters via your
  Space Industry and Business News  

Subscribe free to our newsletters via your

Next Google phone will be mobile wallet: Schmidt

by Staff Writers
San Francisco (AFP) Nov 15, 2010
A new Google mobile phone imbedded with a chip that makes it a virtual wallet so people can "tap and pay" is poised to make its debut, the Internet giant's chief said Monday.

The successor to the Internet firm's Nexus One smartphone runs on fresh "Gingerbread" software and is imbedded with a near-field communication chip for financial transactions, according to Google chief executive Eric Schmidt.

"I have here an unannounced product that I carry around with me," Schmidt said while pulling a touch-screen smartphone from a jacket pocket during an on-stage chat at a Web 2.0 Summit in San Francisco.

"You will be able to take these mobile devices that will be able to do commerce," he continued. "Essentially, bump for everything and eventually replace credit cards. In the industry it is referred to as tap-and-pay."

The near-field chips store personal data that can be transmitted to readers, say at a shop checkout stand, by tapping a handset on a pad.

Schmidt hid markings that might reveal which company made the mobile phone, and playfully stuck with referring to it only as an unannounced product.

Google worked with Taiwanese electronics titan HTC to make the Nexus One handsets it released in January in a high profile entry into the booming smartphone market.

Nexus One smartphones built on Google's Android platform won raves for their capabilities but weren't a hit with buyers.

In a country where mobile phones are generally tied to specific wireless carriers -- Apple iPhones with AT&T, for example -- Google took a novel approach by selling the Nexus One without ties to, or subsidies from, any carriers.

Google eventually abandoned selling Nexus One handsets only online, switching to marketing the smartphones in real-world stores.

"I don't think people understand how powerful these things are," Schmidt said of smartphones. "This is a really good day for mobile."

Secure chips in handsets thwart fraud better than credit cards, he contended.

Google will rely on an online payments processor to handle the mechanics of purchases made using the chips in the new phones.

A tap-and-pay component should complement increasingly common location-based features that let merchants alert smartphone users to bargains available at nearby shops.

"I said there would never be a Nexus 2," Schmidt quipped. "Nothing about a Nexus S."

Google has been dipping into its war chest to buy technology startups seen as "gems" and to attract and retain talented workers.

Google recently gave pay raises to all of its employees worldwide, according to Schmidt.

"This is a war for talent," he said of the move. "It was a very nice day when everybody got raises."

When asked about the thrashing Google took in an array of countries after "Street View" imaging vehicles collected private data from wireless networks, Schmidt said the firm was conforming to standards in different regions.

"We learned with Street View and all of these things that you can't rush these products out," Schmidt said.

"The fact is that society is going to have to confront all sorts of uncomfortable technology moves forward."

Some lines should not be crossed, such as building face-recognition or real-time tracking technology into services such as Street View, he noted.

Schmidt expected television studios to warm to Google TV, an offering that combines the Internet and standard television programming.

"The industry concern seems to be that we are taking a dumb television and making it smart," Schmidt said of the effort to get studios to route content to sets equipped with Google TV.

"The concern is this enormous revenue stream to dumb TVs will be routed to the Internet. I think that is wrong. I think people will watch more television."

Share This Article With Planet Earth DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook

Related Links
Space Technology News - Applications and Research

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

New search tool vital for digital media future: France's INA
Los Angeles (AFP) Nov 15, 2010
French digital archive leader INA is positioning itself as a global tool helping researchers, officials, journalists and private citizens gain better access and safeguard historic material, the group's director said. National Audiovisual Institute president Mathieu Gallet said INA's expertise in audiovisual conservation and enhancement, and in particular its revolutionary new indexing system ... read more

New search tool vital for digital media future: France's INA

Virtual Reality Helps Researchers Track How Brain Responds To Surroundings

SkyTerra One Satellite Sends First Signals From Space

SSTL Satellite Steps Aside To Reduce Space Junk

Northrop Grumman Bids for Marine Corps Common Aviation CnC

DSP Satellite System Celebrates 40 Years

ManTech Awarded US Army Contract To Provide ECCS In Afghanistan

Hughes Undergoing Wideband Global SATCOM Certification

NASA plans Alaska satellite launch

ILS Proton Launches Lightsquared Satellite

Russia Launches Advanced US Telecom Satellite

ULA Launches 350th Delta

SES To Contribute To Galileo Operations

GPS IIF-1 Introduces A Host Of New Capabilities For Users

Lockheed Martin Delivers Key GPS III Test Hardware Ahead of Schedule

Few Americans using location-based services: Pew study

Britain signs jet engine deal with China as PM visits

Flights resume to Indonesia after volcano chaos

Argentina, Brazil to build cargo plane

BOC Aviation orders 30 Airbus A320

Building A Racetrack Memory

Microsoft sues Motorola over 'excessive' royalty demands

Motorola fires back against Microsoft in patent dispute

Intel opens biggest ever chip plant in Vietnam

Satellites Tracking Mt Merapi Volcanic Ash Clouds

Faster Flood Forecasting At SERVIR-Africa

Enhancing Sustainable Development Of Earth

Go For Getz And A South Pole Flyover

Canadian tailings pond causes toxic fears

U.S. Army seeking quick water test

One by one, Laos's cluster bombs legacy goes up in smoke

China to rein in dioxin emissions to help air quality

The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement