cold fjord writes "Sweden is rapidly moving towards a cashless economy. How will Sweden, and other countries in the future, balance efficiency, privacy, government control, and civil liberties? Or will they do all that technology allows? 'Bills and coins represent only 3 percent of Sweden's economy, compared to an average of 9 percent in the eurozone and 7 percent in the U.S. ... The Swedish Bankers' Association says the shrinkage of the cash economy is already making an impact in crime statistics. The number of bank robberies in Sweden plunged from 110 in 2008 to 16 in 2011 — the lowest level since it started keeping records 30 years ago. It says robberies of security transports are also down. The prevalence of electronic transactions — and the digital trail they generate — also helps explain why Sweden has less of a problem with graft than countries with a stronger cash culture, such as Italy or Greece, says economics professor Friedrich Schneider of the Johannes Kepler University in Austria. The flip side is the risk of cybercrimes. According to the Swedish National Council for Crime Prevention the number of computerized fraud cases, including skimming, surged to nearly 20,000 in 2011 from 3,304 in 2000.'"

Torrentfreak reports that after calculating download frequency for pirated copies of popular video games, Call of Duty: Black Ops has won the dubious honor of being the most pirated game of 2010. The PC version of the game was torrented roughly 4,270,000 times, and the Xbox 360 version was downloaded an additional 930,000 times. (The most pirated Wii game was Super Mario Galaxy 2, and Dante's Inferno somehow managed to accrue the most downloads of Xbox 360 games.) Fortunately for Activision, the game has still made over $1 billion in sales, and its 20,000,000+ players have racked up over 600,000,000 man-hours of play time since the game's launch in early November.

destinyland writes "A science writer discovered it's possible to finance your cryogenic preservation using life insurance — and then leave a huge death benefit to your future thawed self. From the article, 'Most in the middle class, if they seriously want it, can afford it now. So by taking the right steps, you can look forward to waking up one bright future morning from cryopreservation the proud owner of a bank account brimming with money!' There's one important caveat: some insist that money 'will have no meaning in a future dominated by advanced molecular manufacturing or other engines of mega-abundance.'"

Anonymusing writes "The FDA has announced an investigation into the safety and legality of alcoholic beverages containing caffeine. As a Wall Street Journal blog reports, two major beer companies, MillerCoors and Anheuser-Busch, stopped producing caffeinated alcoholic drinks last year after reports surfaced of increased negative effects compared to caffeine-free alcohol. CNN notes that, according to FDA rules, 'food additives require premarket approval based on data demonstrating safety submitted to the agency' — and caffeine is a food additive. The 26 targeted beverage makers have 30 days to respond."

theodp writes "Evil is in the eye of the beholder, but there's certainly not much to like in the newly-disclosed Apple patent applications for Systems and Methods for Provisioning Computing Devices. Provisioning, says Apple, allows carriers to 'specify access limitations to certain device resources which may otherwise be available to users of the device.' So what problem are we trying to solve here? 'Mobile devices often have capabilities that the carriers do not want utilized on their networks,' explains Apple. 'Various applications on these devices may also need to be restricted.'"

An anonymous reader writes "A time lens can focus a chunk of time to a point, rather like a normal lens focuses light rays. Put two time lenses together and you can create what a Cornell University team calls a 'time domain telescope' which can magnify time. They sent a 2.5 nanosecond long light pulse, encoding 24 bits of information, into their time telescope. What came out on the other side was the same 24 bit pulse, but compressed into 92 picoseconds. Squashing more information into a light pulse could help to send more information via optical fibres."