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.
Alternative Payment Methods (APMs) – comprising digital wallets, instant payments, and QR payment systems – are experiencing explosive growth that's reshaping the global financial services marketplace. According to the latest worldwide market study by ABI Research , the combined global transaction value for APMs is projected to reach $142 trillion by 2030. What's particularly fascinating is the underlying driver behind this trend: a growing desire for financial sovereignty, with nations developing domestic payment ecosystems rather than remaining dependent on international financial networks. Payment Ecosystem Market Development In 2024, approximately 45 percent of the global population used digital wallets – a remarkable adoption rate for a technology that barely existed a decade ago. China leads this transition, with 95 percent of its population using WeChat's payment functionality. WeChat exemplifies the "super app" phenomenon, where payment capabilities are in...