Technology
- Southwest Airlines is planning to develop in-flight internet connectivity. Read more via Engadget.
- Facebook continues to grow at a rapid pace. The latest numbers show an increase in traffic of 80+% when comparing last May to this May. Read more here.
- With the PS3 $100 price cut, Amazon sales have gone from #26 in Video Games to #1. Take a look here.
- Microsoft’s response to the PS3 price cut is Project Falcon, a revised version of the 360 with a 65nm chip, bringing a major cost reduction. Read more via The Mercury News.
- New York has planned to begin implementing a surveillance system similar to London’s. Read more via CNet.
ETF’s
- Vanguard has announced they will be releasing ETF’s to compete with Barclay’s current ETF offering. The main difference between the two is Vanguard’s expense ratio will be 0.15% versus 0.30%. This is long overdue competition in a rapidly growing area. Read more via WSJ.
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