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September 05, 2002

ExtremeTech: Sony, Philips jointly working on Near-Field Communications technology

ExtremeTech reports that Sony and Philips have agreed to jointly work on "Near-Field Communication", a potential competitor to Bluetooth in the short-range personal area network (PAN) market.

AP: Credit card use increasing in college students, worrying lawmakers

Nancy Zuckerbrod reports on the increasing use of credit cards by college students.

Concord EFS: Provides reduced guidance

Concord EFS (NASDAQ: CEFT) is down over 20% this morning following the company's announcements of reduced financial expectations for 2002. The company also announced that Ed Labry, currently president, will be assuming the CEO responsibilities from Dan Palmer in 2002.

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