Ina Fried

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CTIA Gets Down to Business in the Big Easy

With the New Orleans Jazz Fest now over, it’s time for the cellphone industry to get to work.

In town for the annual CTIA trade show, the mood shifted back to business on Monday, at least until the evening parties kick off. The U.S. cellular trade association moved the convention from March to May (and to a party town) in hopes that the event can avoid being lost in the shadows of Mobile World Congress and the Consumer Electronics Show.

Although the main part of the show doesn’t begin until Tuesday, the first bits of product news were announced this morning. Verizon debuted the HTC Droid Incredible 4G LTE, while AT&T announced a $49 Samsung LTE Windows Phone as well as its plans to enter the home security business. This afternoon, MasterCard announced its new PayPass digital wallet.

AT&T is planning a press event later on Monday, with further news expected.

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work