financial

FAA propses more fines against Amazon over alleged shipment violations

FAA propses more fines against Amazon over alleged shipment violations

On the heels of a recent proposed $350,000 fine against Amazon over the alleged improper shipment of hazardous materials comes another two notices from the FAA: a proposed fine of $78,000 and a proposed fine of $52,000, both likewise over the claimed violations of hazardous materials shipment regulations. The shipping instances took place in 2014, and are said to have involved a total of three cardboard boxes.

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North Korea may be hacking banks across the world

North Korea may be hacking banks across the world

North Korea, allegedly behind the Sony Pictures cyberattack and more, could be behind a series of bank hacks across the globe resulting in tens of millions of lost dollars. Researchers with Symantec cite a recent trio of attacks that involved rare code seen in both the Sony cyberattack and earlier attacks against companies — including banks — in South Korea and the US. Assuming North Korea is behind the attacks, it would be a worrisome and exceedingly rare instance in which a nation-state is hacking global banks to steal money.

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Lenovo reveals Motorola integration failed expectations

Lenovo reveals Motorola integration failed expectations

Perhaps Motorola's "curse" continues. While many of Motorola's mobile devices, like the iconic RAZR or the Moto X, were well received, the company somewhat failed to become profitable. At least not long enough to stay put. Barely a few years after Google acquired it, Motorola was sold off again, this time to PC giant Lenovo. Now in its full-year fiscal report ending March 2016, the first fiscal year since it acquired Motorola, Lenovo candidly revealed that its integration of the mobile company fell below expectations, resulting in some losses though the general mobile business did grow as a whole.

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AT&T’s simplified device plans ask: lower payments or faster upgrades?

AT&T’s simplified device plans ask: lower payments or faster upgrades?

AT&T has tweaked its installment device payment options, narrowing them down into two plans that ask consumers a question: do you want lower monthly payments or the ability to upgrade your phone more quickly? If you answer the latter, you’ll choose the A&T Next Every Year plan starting June 9, whereas everyone else will get the cheaper AT&T Next installment plan. This reduces the previous options from four down to a less confusing two.

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Fitbit’s Coin acquisition paves way for fitness band mobile payments

Fitbit’s Coin acquisition paves way for fitness band mobile payments

Coin, a four-year-old company that has developed technology for making mobile payments, was acquired by Fitbit this week. The acquisition will give Fitbit access to Coin’s intellectual property pertaining to its wearables payment platform, and will also bring some of Coin’s ‘key personnel’ to Fitbit. The deal spells the end to Coin’s payment products, but opens the door to mobile payments for Fitbit’s own customer base.

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HTC had a terrible Q1, ready for HTC 10, Vive rescue

HTC had a terrible Q1, ready for HTC 10, Vive rescue

When your revenue plummets by more than 60% in year on year figures, you should probably be panicking. HTC, however, isn't. Despite its very gloomy first quarter financial report, as expected by almost everyone, the Taiwanese company isn't curling up in a corner just yet. That's because it believes it has two aces up its sleeves: the HTC 10 smartphone and the HTC Vive virtual reality headset, both of which just barely missed the first quarter. Whether they're enough to truly save HTC from its sinking ship remains to be seen in the next three months.

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Facebook saw big advertising, mobile increases in Q1 2016

Facebook saw big advertising, mobile increases in Q1 2016

Facebook’s first quarter 2016 financial report is in, and the numbers are fantastic across the board. In the quarter ending on March 31, Facebook saw its year-on-year total revenue increase 52-percent, hitting $5.3 billion in comparison to the same quarter last year ($3.5 billion). “We had a great start to the year,” Zuckerberg said in a statement. “We’re focused on our 10 year roadmap to give everyone in the world the power to share anything they want with anyone."

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Apple Pay arrives in Singapore for American Express cardholders

Apple Pay arrives in Singapore for American Express cardholders

Apple Pay has gone live in Singapore for American Express cardholders, the company has announced. The news was made public today, with support for other popular banks being set to roll out in the 'coming months.' Once the support goes live, Apple Pay users in the nation will be able to add their American Express cards or other major bank cards to the platform, making it easier to pay with the card using their Apple device.

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Trump Hotels possibly hit with (another) credit card system breach

Trump Hotels possibly hit with (another) credit card system breach

Trumps Hotels may have been hit by a second credit card system breach, according to a new report. If proven true, this would be the second instance within a year of hackers compromising the hotels' payment systems, leaving customers at risk. An increasing number of hotels have fallen victim to such security breaches, including Hilton which disclosed a similar breach this past November.

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Facebook Messenger code hints at in-store payment feature

Facebook Messenger code hints at in-store payment feature

Facebook is quietly working on a feature that will allow its users to make in-store purchases using its Messenger app, according to a new report. The feature and others were spotted in the app’s code, with other possible future features including “secret conversations” perhaps akin to what WhatsApp recently rolled out. Facebook is tipped to have a large team working on the new buying feature.

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Microsoft pulls out of $8 billion Slack deal

Microsoft pulls out of $8 billion Slack deal

There have been reports floating around since Friday that Microsoft was interested in purchasing the messaging service Slack. This was a bit strange, considering that the company already owns one of the largest messaging services, Skype. It turns out that the rumors were true, and that Microsoft was considering purchasing the company. However, the key word now is "was."

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Report: Microsoft considered seeking $8bn Slack acquisition

Report: Microsoft considered seeking $8bn Slack acquisition

Microsoft considered shelling out $8 billion for the messaging service Slack, according to a new report. Not everyone in charge as Microsoft liked the idea, though, and Bill Gates himself reportedly urged for the company to instead focus on Skype and ways to make it more competitive. The news follows the recent addition of voice calls to Slack, positioning it to better battle against Skype.

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