Monthly Archives : May 2016

This wearable can tell you how drunk you are

Breathalysers are expensive tech, so one company has seen fit to put alcohol monitoring technology onto your wrist instead.

The wearable is called the BACtrack Skyn and uses the sweat on your skin to monitor blood alcohol levels.

The technology will give the alcohol research community a new tool to keep track of drinking habits, whether it be for a legal or medical purpose.

The technology – made by BACtrack – has won a government sponsored competition in the US called the National Institutes of Health Wearable Biosensor Challenge. Skyn took the top prize of US$200,000.

Breathe out

Head of the NIH’s National Institute on Alcohol Abuse and Alcoholism, Dr George Koob, said “It can help doctors accurately measure a patient’s drinking history, and not just depend on the most recent tests.

“This can help a lot with the treatment.”

Keith Nothacker, president of BACtrack, said, “The blood alcohol monitoring devices used in legal and medical circles are big and bulky, like a ball and chain for the ones using it.

“We wanted to make something people would want to wear.”

The Skyn isn’t ready to replace breathalyzer technology just yet as it can’t offer up real-time blood alcohol levels.

It will take 45 minutes of wearing the device on your wrist to get an accurate reading.

But in the future this type of technology may soon be included a wearable band placed behind the bar at your favorite drinking establishment, rather than an expensive breathalyzer.

Amazon’s Competition with YouTube

Just last week, Amazon announced that it would allow people the ability to upload videos onto its site, putting it in direct competition with YouTube. Much like the video powerhouse, Amazon would allow users to earn money from their videos through ad revenue and royalties. But Amazon has decided to enter the user generated video content space too late in the game. Amazon’s approach to uploading content shows that although it may be attempting to take on YouTube in product category, it knows YouTube will always reign in user generated content.

Mamma Mia! Nintendo is serious about making movies

Nintendo might be about to make a serious move into the movie business.

Nintendo CEO Tatsumi Kimishima said that the game maker is considering the possibility of moving into filmmaking, Japanese newspaper Asahi reports, but it’s not yet decided if this will be a theater or DVD/Blu-Ray type of deal. The news was also confirmed to the Associated Press.

Is Facebook’s Mark Zuckerberg among the best CEO ‘s in the U.S. today?

A few years ago it would have been unthinkable to consider no longer (whew!) twenty-something and millennial Mark Zuckerberg in the same vein as Jack Welch. But there I just did it and I think it’s worth consideration. Jack Welch was a terrific CEO for GE (his 20 year tenure ended 15 years ago in 2001) and for the time. Clearly Facebook is a vastly different company than GE yet Facebook has had to face challenges to its business model and the results have been impressive. And anyone that cares to nominate Howard Schultz of Starbuck’s would be well within his or her rights to do so.

Would you bank with Facebook or Google?

Consumers aren’t afraid to get innovative with their banking

The world of banking is set for rapid change, with new research revealing just how keen consumers are to use new technology like wearables and cryptocurrencies for payments – and some folks would be prepared to do their online banking with the likes of Facebook or Google.

A study from Fujitsu (taking in the opinions of 7,000 European consumers) highlighted the generally progressive attitude of banking and insurance customers. While 44% of respondents said they still used cash on a daily basis, many are shifting to modern payment methods, with 32% using their mobile device to pay for goods or services, and 22% using wearables.