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Retail Solutions Briefs: Xbox, Online spending, Mastercard

Retail Solutions Briefs: Xbox, Online spending, Mastercard

Microsoft irons out Xbox name anomalies

Drowned out by the hype of Microsoft's upcoming Xbox home video game console was the niggling little fact that there was another company out there already with the name Xbox and the trademark: XBOX Technologies.

Consider this yet another obstacle conquered by the Redmond, Washington firm. Microsoft and XBOX Technologies announced that they have reached an agreement whereby Microsoft will get all rights to the name Xbox and XBOX Technologies will change its name.

Online consumer spending down in US

Consumer online spending in the US dropped from $US4.3 billion in April to $3.9 billion in May, according to a survey released by Forrester Research.

The number of households shopping online also decreased over the period, notching down to 14.8 million in May from 15.7 million in April, the Forrester Online Retail Index indicated.

"I can't say whether there is

an (overall online spending) slump," said Forrester research director James McQuivey, "the spending drop could be totally attributed to a seasonal drop in travel spending."

MasterCard Canada finds Virtual SolutionMasterCard Canada has launched MasterCard Virtual Solution. The company calls it the first virtual payment card for Internet, mobile commerce, mail order/telephone order and other remote and recurring payment purchases that do not require a physical card.

The Virtual Solution provides a separate account number that can only be used when the cardholder is not physically present.


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