An iBank. That's possibly the most amazing (and terrifying) thing Apple could do with its $100 billion. New data suggests such an institution would have Apple disrupting yet another industry in no time flat.
David Wolman thinks a cash-based economy is unfair, slow, and old. But what alternatives are there? In the developing world--growing economies without an entrenched financial and banking system--we’re starting to find out.
In his new book on the future cashless society, David Wolman discusses the litany of problems with physical currency and the benefits of transitioning to a society where money is represented digitally, instead of with paper and metal.
Apple's finances released yesterday contain some incredible numbers that, at a quick glance, seem weird or impossible. Let's put them in context. And by context we mean some illustrative stats to grab your attention.