The leader of the payments business looks to the future and says Bitcoin is a good idea — but not yet actually a currency. Tap-to-pay, meanwhile, is a dud.

By Danielle Elliot CBS News

German postal carrier Deutsche Post DHL is testing a drone delivery service that could deliver medical and food supplies to areas with minimal road access.

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By Margaret Hartmann

If NSA employees were bummed that President Obama hasn’t paid them a visit, they’re going to be devastated to learn that all their favorite tech companies are publicly calling them out. Eight companies – Google, Facebook, Apple, Microsoft, Twitter, Yahoo, LinkedIn and AOL – have put aside their rivalries and issued a call for the reform of government surveillance. “We understand that governments have a duty to protect their citizens. But this summer’s revelations highlighted the urgent need to reform government surveillance practices worldwide,” says an open letter featured in full-page ads in several newspaper on Monday. “The balance in many countries has tipped too far in favor of the state and away from the rights of the individual — rights that are enshrined in our Constitution. This undermines the freedoms we all cherish.”

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By Drew Prindle — December 6, 2013

For some odd reason, pizza always seems to be at the forefront of emerging technology. It was the first food you could buy via online ordering, the first food to legitimately be delivered via drones, and now it’s dipping its saucy little Italian toes into 3D printing.

Natural Machines, a startup out of Barcelona, has developed a prototype 3D printer called Foodini that can pump out decent, edible-looking pizza just like a normal 3D printer pumps out custom-made lightswitch covers and drain plugs.

Nelson Ireson

If you’re not familiar with Bitcoin, you might want to change that. The electronic cryptocurrency is rapidly gaining acceptance around the globe, with many businesses–and even one university–accepting Bitcoins as readily as dollars. Now, a Tesla Model S has been purchased directly with Bitcoin.

The car, sold for an undisclosed sum of Bitcoin by Lamborghini Newport Beach in Costa Mesa, California, appears to have been a lightly used model, if only because it wasn’t sold directly by Tesla Motors [NSDQ:TSLA].

ALSO SEE: 2015 Ford Mustang Preview: Official Photos And Video

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Continue reading “Google's humanoid robots take on Amazon's courier drones” »

BTC China, the nation’s largest Bitcoin exchange, has had low-level discussions with regulators seeking recognition of the digital currency that would allow it to be used to buy goods and services in the country.

The company has sought to discuss Bitcoin regulations with officials from agencies including the People’s Bank of China, the China Banking Regulatory Commission and the China Securities Regulatory Commission, BTC China Chief Executive Officer Bobby Lee said in a Nov. 29 interview in Shanghai. It’s not yet been able to arrange any high-level meetings, he said.

“They’ll ask us ‘how should you be regulated,’ and I’ll say ‘Hey, here’s what we’ve done proactively and here’s how we think you should regulate us,’” Lee said of the Shanghai-based company’s talks with regulators. Bitcoin is “not on the black list and it’s not on the white list. It’s in the gray area.”

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General Electric (GE), on the hunt for ways to build more than 85,000 fuel nozzles for its new Leap jet engines, is making a big investment in 3D printing. Usually the nozzles are assembled from 20 different parts. Also known as additive manufacturing, 3D printing can create the units in one metal piece, through a successive layering of materials. The process is more efficient and can be used to create designs that can’t be made using traditional techniques, GE says. The finished product is stronger and lighter than those made on the assembly line and can withstand the extreme temperatures (up to 2,400F) inside an engine. There’s just one problem: Today’s industrial 3D printers don’t have enough capacity to handle GE’s production needs, which require faster, higher-quality output at a lower cost.

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