Social job hunter app Silp, absorbs over 700,000 users in just 12 days

Finding a job has always been a problem in our economy, so Slip is trying to make it easier for all of us. With this in mind, online job hunting networks are always a good way to find a job, but what if you could find one via your friends contacts?  Well with Slip, you now can. The whole idea behind slip, is to use your Facebook’s friends work connections to land you a job. Not only will this help you find a job, it will also help employers find more detailed information about potential employees. So whether you join Slips 700,000 plus network of contacts, or stick to the old fashion route, make sure you look over your Facebook page, as you don’t want your future employer looking at what you did last night.

Source: Slip

Apple and Samsung both guilty of patent infringement rules South Korean court

Apple and Samsung are both companies that love suing each other, hoping for a chance to increase their profit margins. This wasn’t the case today, as both Apple and Samsung were found guilty of patent infringement, claims the South Korean court. The verdict rules that Apple owes Samsung $35,000 and Samsung owes Apple $22,000. The funny things about the verdict is that both companies spend hundreds of thousands of dollars just on lawyers. So in the end they both lost, and entertained the blogsphere. However, on the other side of the world in California, Apple is suing Samsung for over $2.5 billion dollars. So at the end of the day, the ruling basically made a joke out of two giant egoistic companies.

Source: Bloomberg

Xiaomi Phones may enter the European market early 2013

Xiaomi

Chinese online sources claim that Xiaomi might be releasing its successful phones in Europe as early as Q1 2013. The real question behind this statement is whether Xiaomi has the capabilities to expand its market in a completely uncharted area. Just to start off, Xiaomi will have to invest a lot of money in advertisement in Europe as not a lot of people are familiar with the brand. Finally, the funny part about this story is that Xiaomi has about 1.3 billion people in china to sell to, but that’s not good enough for them, of course.

Source: Tech In Asia, Engadget

Paypal is being tested at McDonalds

Paypal Mobile

Just recently Square has partnered up with Starbucks for a mobile payment platform. This caused other major food companies to rethink their payment options. For this reason, McDonalds has started testing 30 different stores in France with a new Paypal payment solution. If this payment system proves itself worthy, then McDonalds will pass it on to other stores in around 24 months. So whether you chose Paypal, or Square, new payment options will always pop up, so think twice before you pick.

Source: Reuters

Best Buy, Walmart, Target, 7-Eleven unite into one mobile payment platform MCX

MCX

Mobile payment platforms are making their way into our phones. Companies see this as a big opportunity to make a lot of money, the only problem is, how to get consumers hocked up on their platform. The solution is to get a bunch of big retailers together and unit them into your mobile payment system. That’s easier said then done, as those retailers have decided to form their own mobile payment system and leave Google, Visa, and other humongous companies from taking a slice at the mobile payment platform.  Best Buy, Walmart, Target, 7-Eleven, Shell, Sears, CVS  and many more have named their united mobile payment system Merchant Customer Exchange. So it’s possible that in the near future you’ll be paying via your phone, everywhere and not where only Google Wallet is accepted.

Source: MCX, ABC

How do countries reward their gold medalists?

Olympic Gold Stats

After training for years, then qualifying for the Olympics, and winning gold, you’d expect to be financially secure for life. Well, not exactly, as the real rewards countries provide their gold medalists are exposed. For starters, Singapore, Azerbaijan, and the Philippines reward their athletes with around half a million US dollars. What does the US and Great Britain give their athletes? Well not so much, as the US only gives a gold medalist 25k, and Britain even worse, with the round number zero. However, if you’re an Australian athlete you’ll get a stamp with your picture on it and an upgrade to Business class on your flight home. Pathetic? Well, just look at the source to find out some more ridiculous facts.

Source: AnimalNY

Google, Paypal, Visa and US carriers form Mobile Payments Committee

The big corporations out there have decided to stop thinking about themselves (as a company) and got some IQ back in their brains, to put mobile payments for the masses as a priority. This is great news for us (consumers) as this means the wait for proper mobile payments for stores near us will be less. The committee which is made up of Google, Paypal, Visa, Isis, VeriFon, Wells Fargo, Capital One, American Express, Discover, MasterCard, Visa, and US carriers are here to win and are not just playing games. So, hopefully in the not so distance future I’ll be able to take out my phone and pay.

Source: Engadget