The Evolution of the Cellphone [8:45 am]
Not really that new, but a big push is indicated here: $5,000? Put It On My Cell
In the beginning, the cell phone was a phone — handy for making calls but little else. Then manufacturers added cameras, e-mail, music, and even television to their phones, making the gadgets an essential part of daily routines. Now, Japanese carrier NTT DoCoMo Inc. wants to entrench the once-humble cell phone even deeper into consumer lifestyles by turning it into an electronic wallet. After introducing handsets last year that double as debit cards — allowing users to pay for small purchases such as soda or coffee from vending machines and convenience stores — the company this year plans to make those phones full-fledged credit cards.