Exact(8)
It appears that these were hard prices based on real-world transactions, not indicative prices.
Although credit card fraud on the Internet is thought to be slightly higher than in real-world transactions, and the speed and reach of the network can make its consequences far more serious, Mr. Leuhr said, "almost always, fraud springs from the natural flaws in human behavior," such as writing down passwords or leaving credit card receipts in the garbage.
"The mark down in asset prices is really an educated guess, and it may not be borne out by real-world transactions, for better or worse, though with such sharp adjustments there appears to be a lot of bad news in the price".
The parallels between J.R. and J.L. are compelling, but Jonathan appears to have one-upped his fictional predecessor: where Mr. Gaddis's pint-sized protagonist enlisted a hapless teacher to represent him in his real-world transactions, thanks to the Internet Jonathan was able to eliminate the middleman.
An enterprise's data is simply the digital impression left behind by real-world transactions.
Apple has had patents related to mobile payments before, but this one describes a fairly complete, full system for conducting real-world transactions.
The volume and variety of data sources has exploded, with companies now regularly directly capturing all manner of user web and mobile traffic, e-commerce and real-world transactions, social profile information, location and even sensor data.
While Walmart's app is not about ordering food or drink items, or general shopping, the concept is similar: it's using mobile to make it quicker to perform real-world transactions.
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