Spend Matters Afternoon Coffee

I might be more sad about this than the ice cream shortage.
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iPhone 5 will officially do everything for you?
Rumor: The iPhone 5 Will Support Mobile Payments with an NFC Chip -- A 19-pin connector may not be the only new way that the iPhone 5 will interact with the world around it. Rumors suggest that Apple's next generation of phone is going to be equipped with NFC (Near Field Communications). NFC allows devices to talk to other devices in very close proximity, and is widely considered to be the entry point to the lucrative world of mobile payments. With Apple on board, NFC technology could finally make the jump to becoming a mainstream way of paying for goods and services.

Join us for a webinar tomorrow.
Free Webinar: Sourcing Strategies Using Metal Price Data, June 26, 10 AM -- Designed for organizations buying steel, aluminum, copper, precious metals, rare earth metals or stainless steel, this 60-minute webinar will cover the following topics: 1. 10 new-to-the-world metal price indexes to help organizations better track and understand underlying market dynamics (with a demonstration of how organizations can specifically use these indexes) 2. An overview and demonstration of how leading-edge metal buying organizations have begun to embed price data into sourcing applications (presented by Spend Matters Editor, Jason Busch) 3. Examples of how companies are using price data to build more statistically sound forecasting and predictive models

How much is it to juice up all your gadgets?
It costs just $1.36 to charge an iPad for a year -- That coffee you're drinking while gazing at your iPad? It cost more than all the electricity needed to run those games, emails, videos and news stories for a year. The annual cost to charge an iPad is just $1.36, according to the Electric Power Research Institute, a non-profit research and development group funded by electric utilities. By comparison, a 60-watt compact fluorescent bulb costs $1.61, a desktop PC adds up to $28.21 and a refrigerator runs you $65.72.

- Sheena Moore

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