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Businesses

Interest Growing For Pre-Paid Game Cards 70

Worlds in Motion is running an interview with GMG Entertainment, a company finding success marketing pre-paid "digital currency cards" used online for games and other entertainment services. Customers and retailers alike are enjoying the simplicity and utility of the cards, and GMG suggests that this segment of the industry will only continue to grow: "I estimate this year that you'll see EA enter this space for some of their games, and a few other big names are absolutely interested. In fact we're in final negotiations with a couple of recognizable names. We tend to estimate the size of the total pre-paid gaming card business when we do our numbers, and this year we're looking to something between $75-100 million dollars in sales across North America. We see that going to $250-300 million in 2009 and being in the region of a half-billion by 2010. We see this market growing dramatically in the next two to five years."
Cellphones

Cellphone Banking Helping To Fight Poverty In India 76

An anonymous reader writes "Technology Review is running an in-depth story about the way cellphone banking is transforming the lives of many poor people in India. By enabling users to manage a legitimate bank account and finance micro-loans, cellphones are a major force of social and economic change. It's perhaps not surprising, given that despite widespread poverty, India has the world's fastest-growing cellphone market and the second largest number of cellphone users (after China). The article mentions one Indian start-up, mChek, that is thriving as a result. There's also an excellent video report."
Microsoft

Promise of OOXML Oversight By ISO Falls Through 216

640 Comments Are Enough for Anyone writes "Microsoft is going back on one of their promises concerning OOXML. While they originally made assurances that the ISO would take control of the standard if it were approved, Microsoft is now reversing that position and keeping near-full control over OOXML with the ECMA. This is significant because the ECMA is the group that originally rubber-stamped OOXML. It seems unlikely that they will force changes to correct problems with the standard. In Microsoft's new plan, the ISO would only be allowed to publish lists of errata and would be unable to make OOXML compatible with existing ISO standards, while the ECMA would be the one to control any new versions of the standard."
Politics

US Government IT Security 'Outstandingly Mediocre' 86

mrneutron2004 writes wrote with a link to an article on The Register, discussing an annual IT security report card handed out to the federal government. The results this year were mixed. The good news is that they graded higher than last year. The bad news? They still just rate a C-". Individual departments did better than others, but overall the results were quite poor. "Although overall security procedures improved the Department of Defense (DoD) recorded a failing F grade. Meanwhile the Department of Veterans Affairs - whose loss of laptops containing veterans' confidential data triggered a huge security breach - failed to submit a report. The Nuclear Regulatory Commission, another agency that has trouble keeping track of its PCs, flunked."

Microsoft Developing Robotics Software 282

s31523 writes to tell us Microsoft recently announced the launch of their new Microsoft Robotics Group and the first product release, a software program to help robotics developers. Despite the timing this has nothing to do with the recent abdication by Gates, and was actually instigated by Gates before his departure. From the article "It might take many years, but Microsoft believes robotics could present a big opportunity as the market grows, said Tandy Trower, general manager of the Microsoft Robotics Group. He cited estimates predicting that consumer robotics alone will grow into a multibillion-dollar industry in five to 10 years."

Katamari Team Disbands 45

Gamasutra reports that the team behind Katamari Damacy, We *heart* Katamari, and My My Katamari has dissolved. The official Katamari site states that there are no plans for sequels to the hit rollin' games. From the article: "The official announcement does mention that 'Professor Katamari' (presumably Keita Takahashi) is currently working on a new game design, though apparently not with the core Katamari Damacy team. 'You don't roll things up, or get bigger, but you might find it interesting anyway,' says the site." Which is good news, considering his earlier comments about making playground equipment.

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