PayPal has partnered with Bump Technologies to offer an easy way for users to initiate transactions with friends by bumping their iPhones together. The prominent display of the easy-to-use bump feature in the new version of the app is possibly an attempt at making PayPal the platform of choice among friends to send and receive money.
The iPhone app offers an easy way to split bills, calculate tips and instantly request contacts for their share of (more…)

In the patent, Apple has described a feature that will enable users to put specific contacts from their address book as icons on the Home Screen. Tapping on this icon should take the users to the contact screen where they may initiate a call, schedule a meeting or send an SMS.
The feature is not just limited to friends and family contacts. This
has a wider commercial angle to it. Apple is also apparently looking at getting local businesses get (more…)