U.S. Consumers Avoiding Mobile Banking

U.S. consumers think mobile banking is important but do not want to pay for it and are hesitant to use their mobile devices for financial transactions and online banking, according to a survey by accounting firm KPMG.
The survey of about 500 U.S. consumers found the majority (91%) had never tried banking on a mobile device. Of those respondents who have never done banking on a mobile device, 48 percent said security and privacy were the main reason.

Blockbuster May Have Busted Its Last Block

Mom-and-Pops might get to watch Blockbuster close up shop for a change. In a filing with the SEC, the movie rental company acknowledges it may not be able to secure a $250 million loan to continue operations.

Blockbuster, which operates 7,400 stores in 20 countries, had hoped to close next month on financing that would float them until 2010. Because of lender reluctance and the illiquidity facing the larger economy, however, the company may not be able to meet lenders’ terms. From the SEC filing summary:

Despite Recession, US Online Ad Spending Continues to Rise

Research shows that marketers are spending more on online advertising and less on ads in newspapers, magazines, and radio. According to eMarketer, each year, ad spending on online media is growing by at least a percentage point.

eMarketer also projects that online ad dollars will jump about 5% by 2013. Here’s how they see it playing out:

XP Remains an Option for Windows

If you’re Microsoft, it probably isn’t the most comforting thought to know the biggest headline about your new OS, Windows 7, isn’t about features or updates… it’s about supported downgrade options.

Of course if you are a Vista person who has already downgraded back to XP, today is a good day for you.  Microsoft has announced that the new Windows 7 OS will have downgrade support to both Vista and XP.

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