Middle East and North Africa
The Economist reports that NTT DoCoMo, Japan’s top mobile operator, is embedding credit cards into the wireless chips of cell phones:
It believes the next big thing is using phones to pay for things, by embedding a credit card into a wireless chip built into each handset.
But Kenya was first, say the BBC:
The latest note from the World Bank’s Public Policy Journal reports that private investments in water and sanitation projects increased by 36% in 2004.
In an effort to revitalize the company after years of stagnant profits, BakeCo Inc., makers of Good Twist Pretzels and Fluffy Brand Cream Cakes, announced plans Monday to move their Newark-based production facility underseas.
This from the satirical magazine, The Onion. Of course, the new business environment is not without its hazards: