Archive for the ‘Technology’ Category


Towels tagged to tackle thieves


Tuesday, May 24th, 2011

Hotels can lose as much as £9,000 a month from towels, linens and dressing gowns being taken as ‘complimentary gifts’ by guests. The problem has become too much for one hotel in Hawaii which is piloting a new technology which uses machine washable radio frequency tags stitched into anything a thief may try to remove from hotel premises.

As reported in an article in The Economist, the technology should be popular with many hotels, particularly the lower-end hotels and motels, which can lose anywhere between a fifth and a quarter of towels in just a month. Even advertising that a hotel has this technology may be enough to deter many hotel guests from stuffing their suitcases, and avoiding the embarrassment of setting off the alarms at the door.

Losing as much as £9,000 a month means that the technology could almost pay for itself. However, hotels may be reluctant to give the impression that it thinks its customers are all thieves. I can’t see the Ritz being too bothered by people taking souvenirs as I’m sure it adds to the experience.

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Bubble wrap designed to prolong ski seasons (…and reduce injuries?)


Thursday, May 19th, 2011

The two biggest enemies of a a nice powdery snow and lots of tourists are snow and sunshine, however a Scottish professor has suggested that a bubble wrap type of plastic could be used to ensure that skiiers and snowboarders can keep the snow on their pistes.

Think of the bubble wrap type plastic used in covering swimming pools and you’re not far away from what Prof McClatchey has in mind, as reported in a Scotland on Sunday item. He has experimented with a series of covers, double covers and silver covers to increase the reflectivity of the material. But the most effective for use on areas is just a clear plastic, as it had the effect of reducing the melting caused by rain, wind and warmer temperatures.

The research comes at a time when climatologists have been investigating the decline in ski days in Scotland over the past 30 years due to the effects of climate change. This decline is as much as two days a year. Over five days, half a metre of snow is lost from snow packs.

Industry leaders are intrigued by the new concept and it could be set to make a mark in Europe. But I don’t think having bubble wrap everywhere is enough of an excuse to not wear a helmet!

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Social media ‘firsts’


Tuesday, May 10th, 2011

From such meek beginnings as a simple YouTube video of a Seattle Zoo with some elephants grazing in the background, grows the goliaths of social media today. It is weird to think that social media sites grew from such a simple background to the extent that they can contribute to the toppling of ruthless dictators or, more importantly, show the world skateboarding dogs. It also makes you think of the hundreds or thousands of similar sites that drowned quietly and without a trace.

The words ‘just setting up my twttr’ were the simple message that launched the popular website five years ago. Billions of viewers later, Twitter is used around the world and has also served to propel people into the global social spotlight. Celebrities have had to sink or swim off the back of these new social media technologies; some swimmers - most notably Charlie Sheen recently - have shown that Twitter is a window into the mind. On the other hand, P-Diddy has found his epic parties, which used to be the stuff of legends, destroyed by scathing tweets from bored celebs bitching and gossiping about the mediocrity of the party and inferior quality of his guests.

Had I been the first YouTuber or tweeter, I would have put up something worthy of a bit more gravitas or prophetic nature, like ‘anyone else hate that Gaddafi fella?’

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Fivers at the cashpoint


Thursday, May 5th, 2011

Plans are in place to alter 10% to 15% of ATMs to dispense 5-pound notes.

The plan is that this will improve the mix of cash available to consumers. Five-pound notes are often grubby and of poor quality due to the fact that they change hands frequently and do not go back in for sorting as much as their higher denomination brothers. The scheme has been popular where I live - every time I’ve visited the cash machine I have found the £5 variety of bank note labelled as unavailable, although you’d expect that from a student town.

The £20 note is the dominant note which is dispensed to the public.

Around 70% of notes reach the consumer from cash machines, showing the importance of ATMs. The plan also involves ‘fitness sorting’ of notes more often. I hate it when I am given a fragile £10 note which looks set to disintegrate if I so much as look at it wrong!

The scheme is set to coincide with new contact-less technology where cardholders can spend up to £15 by pressing their card to a sensor, rather than entering a PIN, although I for one enjoyed the extra security from having PINs. Fortunately, you have to request the service currently, however in the future this may not be the case.

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Sci-fi reality? Tractor beams could actually work!


Tuesday, May 3rd, 2011

You thought only sci-fi films would show you how you could get beamed up - well, perhaps in the future we could be using tractor beams to move objects and ourselves. New research has shown that a laser can draw objects back to the source.

The key to the beam? Its shape. The laser has a funny shape known as a Bessel beam, which has ‘ripples’ of varying light intensities. Meeting the object at an angle, the beam could have the effect of dragging an object towards the source.

Similar effects have been found which trap objects in the focus of a laser beam; this then can be moved around, giving the concept the name of ‘optical tweezers’, however, this is different, as the beam has the effect of dragging objects without any energy being expended other than concentrating the laser.

It is not unheard of that light can have this effect; other examples include solar sails which could work as propulsion for spacecraft on a ‘wind of light’.

Perhaps one day we might all be beamed up - it would certainly beat air travel!

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Robocop – mind control helps amputees with their artificial limbs


Thursday, March 31st, 2011

Bionic arms … none of this cheesy 80’s robot malarkey, however. Scientists have come up with a new prosthetic arm which can be controlled with the use of the mind. Which, if you think about it, is just how a normal arm is controlled.  The arm has been trialled on Jesse Sullivan. The chest nerves of Mr. Sullivan have been connected to the arm, now all he has to do is think about moving his chest and the arm will respond instantly.

Nate Bunderson, who presented the research to the Society of Neuroscience conference in San Diego in November, said: ’if you transfer the nerves [from the stump] to healthy muscles, then you can amplify the brain signals used to control the arm’.

Unfortunately, amputees often find that they lose precisely those nerves involved in moving limbs as they are obsolete. However, Mr. Sullivan’s arms are reopening and rewiring nerve pathways in his brain so that these nerves are becoming stronger.

Computers which control the movement of the prosthetic arm have now become Mr. Sullivan’s muscles, although doctors recommend that he should avoid trying to beef up his muscles/computers at the gym.

This pioneering technology is hoped to be extended to more amputees.

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Facebook founder is ‘Time’ Person of the Year


Thursday, December 16th, 2010

Beating Julian Assange, the founder of Wikileaks, into second place, Mark Zuckerberg scooped the prestigious recognition of Time Magazine’s Person of the Year. The aim of the title is to recognise the person who has “for better or for worse… done the most to influence the events of the year”.

A surprise choice perhaps, however ’ Time’ editor Richard Stengel said that the choice for this year’s award shows how much the way we communicate has changed. “The way we connect with one another and with the institutions in our lives is evolving,” he said. ”More than anyone else on the world stage, Facebook’s Mark Zuckerberg is at the centre of these changes.”

facebook

Here at 247Moneybox.com we don’t find it such a surprising choice. We think that Zuckerberg’s success is down to his view of the internet as a way of connecting people as opposed to others who see the internet just as a network of computers.

However, being the portal to the internet is a very powerful position to start thinking about the monetising potential, and, who knows, maybe we are seeing a true rival to Google.

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Petville girl racks up £250 bill in 60 minutes!


Monday, November 29th, 2010

Wow, that is incredible! The story reported in the Daily Mail today tells how Megan, 7, managed to spend her parent’s cash right under their noses on virtual clothes and furniture for her virtual pet.

The poor parents only realised when they checked their Paypal account and found almost $400 in PetVille transactions. Understandably they are a little miffed, to say the least, and are trying to get some of that refunded.

Quoting from the article: ‘Dawn said: “We’ve spent all that money and got nothing physical to show for it. Megan does ballet and she needed a new tutu this month. I’ve had to buy a second-hand one that doesn’t even fit her properly because of the money we lost on Facebook. But at least she’s dressed her little pet nicely.” ‘

While it’s incredible that you can actually spend that much on a virtual game in that short amount of time, it does highlight some security issues with Paypal and other payment mechanisms.

Here at 247Moneybox.com we take security incredibly seriously. All of our customer details are securely stored, encrypted over a secure SSL connection verified by a third party. This is to give anyone applying for one of our short term loans peace of mind that their cash advance application and all their details are super safe.

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I’ll have CoD with chips, please!


Monday, November 15th, 2010

Isn’t CoD something you have battered with chips? Turns out its not, and if we are being honest the joke was just too good to miss!

Anyway CoD is a natty acronym for the massively successful war-themed first-person shooter death ray series Call of Duty. CoD has just released the latest instalment Call of Duty:Black Ops, shattering first-day sales records in the UK.

Pretty excited here in 247Moneybox.com towers and first attempts at the game have not disappointed. Looks like the market agrees, as Black Ops has grossed more during its launch than the whole UK entertainment software market over the past couple of weeks combined! Last week became the highest grossing week in UK entertainment software history, with £113.8 million in sales. The last record breaker was £107.6 million, back in 2008.

These large numbers indicate consumers are paying on average £2.50 more than they did for launch copies of Modern Warfare 2 last year, despite both games having an RRP of £54.99. This equates to a price hike at more than double the current rate of inflation as measured by the consumer prices index, and means that the latest CoD is roughly £1 more expensive than last year in real terms.

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Staying five alive in the recession


Friday, October 15th, 2010

We read with delight in the Evening Standard, among other papers, about a great idea being rolled out over London.

For all those savers, budgeters and careful spenders, independent ATM operator Bank Machine is planning to extend its £5 cash dispensers across the capital after successful feedback from trials in east London and outside Waterloo station.

These machines allow you to withdraw £5-£50 and dispense the relevant amount in £5 notes only. Picture the scenario of having an inconvenient amount of £6.44 left in your account and being forced to withdraw a tenner, leaving you overdrawn and possibly incurring bank charges and the rest.

And the funny thing is you would’ve probably only needed £4.50 for an outrageously expensive single ticket to Victoria. So the rest of the change gets lost on a Mars bar, a Red Bull, some chewing gum and other unnecessary purchases.

Anyone that empathises with this situation will welcome the idea, as we do here at 247Moneybox.com, and call for the machines to be placed nationwide we are in a terrible economic climate after all.

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