The recording and motion picture industries' major trade groups announced that they have become corporate members of Internet2, the ultra high-speed private Internet used by the research and higher education community. The Motion Picture Association of America (MPAA) and Recording Industry Association of America (RIAA) will "collaborate with the Internet2 community to consider innovative content distribution and digital rights management technologies, and to study emerging trends on high-performance networks to enable future business models." The groups have previously criticized Internet2, which is available at over 200 universities, for its allowance of lightning quick file-sharing by university students and others on the network via a program called i2hub. The RIAA has also taken the step of suing 33 Internet2 file-swappers for copyright infringement. "The movie industry is committed to working with the technology sector to find innovative new ways to deliver entertainment to consumers. The MPAA views this partnership with Internet2 as an important opportunity for collaboration as we seek to link new delivery models with content protection," said MPAA president Dan Glickman.
The world of eCommerce payments has evolved. As we look toward the latter half of this decade, we're witnessing a transformation in how digital commerce operates, with a clear shift toward localized payment solutions within a global marketplace. The numbers tell a compelling story. According to Juniper Research's latest analysis, global eCommerce transactions are set to reach $11.4 trillion by 2029, marking a 63 percent increase from $7 trillion in 2024. This growth isn't just about volume – it's about fundamental changes in how people pay for goods and services online. Perhaps most striking is the projected dominance of Alternative Payment Methods (APMs), which are expected to account for 69 percent of global transactions by 2029, with 360 billion transactions processed through these channels. eCommerce Payments Market Development What makes this shift particularly interesting is how it reflects the democratization of digital commerce. Traditional card-based systems ar...