On Thursday, Donald Trump will walk into the Great Hall of the People in Beijing, shake Xi Jinping's hand, and declare it a great meeting. There will be announcements. There will be numbers — billions of dollars in Chinese purchase commitments, a new bilateral mechanism with an important-sounding name, possibly a joint statement on Iran. Trump will post on Truth Social. Markets will rally briefly. Pundits will argue about who won. None of that will tell you what actually happened. What is actually happening in Beijing this week is something more consequential and more uncomfortable than the summit theatre will reveal: two leaders of two deeply mutually dependent superpowers, both of whom need this meeting to succeed for entirely different reasons, sitting across a table in a world that has already moved past the assumptions that defined their last nine months of negotiations. The Iran war changed the equations. The rare earth gambit changed the power balance. Taiwan is sitting in...
Jack Dosay, Twitter founder's new venture has started taking shape. Square now allows you to accept credit card payments via a cellphone or iPod.Yes, even from a friend who owes you a dinner . After his revolutionary social network that allows for short message updates. Is now out to change another aspect of life;Money. Anyone with a cell phone or iPod can now become a merchant and now accept credit card payments. He wants everyone to begin using Square early next year. According to Square website anyone can receive these payments in under 60 seconds. In order to accept credit card payment using Square’s iPhone app, a merchant attaches a card-reading dongle to the smartphone’s audio input — or “any device with an audio input jack.” Once the customer signs the phone with their finger, the transaction is complete, after which the app can e-mail a receipt to the customer: Photo identification confirms the user is the genuine card holder . An original post by Sociolatte