Wednesday, April 2, 2014

Smartphone kill-switch could save consumers $2.6 billion per year...

...and why you will probably never see it.
Technology that remotely makes a stolen smartphone useless could save American consumers up to $2.6 billion per year if it is implemented widely and leads to a reduction in theft of phones, according to a new report...

Americans currently spend around $580 million replacing stolen phones each year and $4.8 billion paying for handset insurance... (more)

Do you really think phone and insurance companies are going to kill this goose?