Should small businesses use Square?

[Full disclosure: Stella Fayman works for FeeFighters, a marketplace that has partnered with lots of payment processors to provide merchant friendly terms and competitive bids to business owners. Square is one of many partners.]

GarageBand music recording app comes to iPhone and iPod

Apple’s popular music app GarageBand is making the leap to the iPhone and iPod Touch today with an update, version 1.1. Pre-loaded on all Apple computers as part of iLife, GarageBand features a wide variety of professional-quality instruments, which users can play on a timeline to make songs of their own. GarageBand also lets you record vocal tracks, so the app constitutes a self-contained recording studio.

From smartphones to televisions, how Apple will avoid the fate of RCA

The economics of the consumer electronics industry dictate that on a long enough timescale, all products will become low-margin commodities. The companies that make products household names are destined to fade from the public’s memory. Will Apple suffer the same fate as others before it, such as RCA, who revolutionized television sets in a similar fashion but were relegated to the dustbin of history decades later?