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Submission + - Retail is Next Sector to be Disrupted Says EBay CEO (wsj.com)

pbahra writes: "As the impact of mobile devices takes hold, retailers are set to see the same transformative period that has roiled the media industry, according to eBay Chief Executive John Donahoe. For Mr. Donahoe, the company’s future lies in being a bridge between the physical and virtual worlds of commerce. “People talked about digitization of the media for years, and then the iPad came out,” he said. “What has happened since the iPad came out? Hundreds of millions of people have fundamentally changed how they consume media. The same thing is happening to shopping. Consumers are now in charge. And they are using these devices in ways that no one would have guessed.”"

Submission + - Augmented Reality Aids Cybersquatting (wsj.com)

pbahra writes: "Layar, based in Amsterdam, is working on products that take augmented reality in a slightly different direction. You can now interact with any object, brand or anything really. It gets pretty complicated but the implications of what AR is doing are quite significant. For those not familiar with Layar, it is a platform that allows anyone to build an AR app. You use your mobile phone's camera to view the world and since your phone knows where you are and what you are looking at.The implications are profound. One of the most interesting apps that someone produced was a virtual tee-shirt shop. It was placed in the 20 most expensive shopping streets in the world, selling t-shirts. Stop and think about that for a minute. He built a virtual shop where a real one already existed. His shop was accessible via a mobile phone, the real one was accessible through, well, being real. That means that real space and virtual space can be owned by different people. There will be lawyers."

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