financial

Newegg hack exposed customers’ credit card data for a month

Newegg hack exposed customers’ credit card data for a month

Online retailer Newegg suffered a security breach that left customer credit card details exposed for around a month, according to a new report. The site was hit by the same hackers behind the recently disclosed British Airways breach, as well as a previous one involving Ticketmaster in the UK. Customers impacted by the security issue will be notified by email.

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Now Facebook wants to see your bank account [Update]

Now Facebook wants to see your bank account [Update]

Facebook is trying to persuade banks to share your financial information with the social network, a further escalation of its personal data aggregation efforts. The company, still stinging from criticism around how it handled the Cambridge Analytica privacy disaster, has nonetheless faced renewed pressure from investors to increase engagement across its services.

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GoPro promises three new products amid Q2 2018 results

GoPro promises three new products amid Q2 2018 results

GoPro has announced its fiscal second quarter financial results, revealing $283 million in revenue, as well as favorable sales in North America. Though the revenue represents a 5-percent year-on-year decrease, it is a huge 40-percent jump quarter-on-quarter. GoPro likewise saw its GAAP gross margin increase 29-percent versus 22-percent in the year's first quarter, and it ended Q2 with $140 million in cash and investments.

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Apple $1 trillion milestone: Here’s why it matters

Apple $1 trillion milestone: Here’s why it matters

Apple is officially the first American company to hit a $1 trillion valuation. The company reached the milestone today when its stock exceeded $207.04 per share, ultimately reaching an all-time high of more than $208. The achievement comes a day after the company announced its third-quarter earnings, which blasted past analyst expectations with more than $53 billion in revenue.

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Apple reveals best June quarter ever with $53 billion in revenue

Apple reveals best June quarter ever with $53 billion in revenue

Apple has announced its third quarter 2018 financial results, revealing a quarterly revenue of $53.3 billion. This was the company's best June quarter ever, according to Apple CEO Tim Cook, who cites strong iPhone, Services and Wearables sales as the driving force for Q3. As well, Apple boasts that this was its fourth consecutive quarter seeing double-digital growth in revenue.

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Chase Pay app now links with Samsung Pay

Chase Pay app now links with Samsung Pay

In the years since the debut of mobile-based tap-to-pay systems like Apple Pay and Google Pay, a number of financial institutions and retailers have tried to implement their own quick-pay services, often lacking in conveniences. It seems Chase is coming to this realization with its own Chase Pay app, which continues to rely on using QR codes. Fortunately for those users with Samsung devices, Chase Pay can now be directly linked to Samsung Pay.

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Google Play Store bans cryptocurrency mining apps

Google Play Store bans cryptocurrency mining apps

Google has expanded its list of banned Android apps, adding cryptocurrency miners to the roster of content not allowed on the Play Store. Any crypto-miners already present on the Google Play Store will be removed in coming days, hopefully protecting users' phones and tablets from damage caused by mining digital coins. The ban does come with one important exception, however.

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Amazon adds financing option for gaming PCs and computer parts

Amazon adds financing option for gaming PCs and computer parts

Amazon has started offering financing for certain gaming PCs and PC parts, enabling buyers to pay them off over several months without interest. Device financing isn't entirely new at Amazon -- it already offers financing on certain other products, such as allowing customers to pay off an Echo Dot over a few months. This latest financing expansion covers far more expensive gear, however.

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Venmo debit card is a physical option for real world payments

Venmo debit card is a physical option for real world payments

Digital payment platform Venmo has announced plans to release its own physical debit card, making it easier for users to buy things at the gas pump and other places where digital transactions may be problematic. The debit card is issued by MasterCard and, as such, can be used just about anywhere in the US and many other countries. The card is only available as a limited release right now; here's how to get your own.

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Bitcoin price manipulation probe underway at Justice Department

Bitcoin price manipulation probe underway at Justice Department

The US Department of Justice is investigating possible cryptocurrency price manipulation, at least according to sources that have leaked the probe. According to the tipsters, the DOJ has teamed with the Commodity Futures Trading Commission (CFTC) to determine whether some traders have or had been manipulating the price of cryptocurrencies like bitcoin. The sources say this is a criminal probe.

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Bank of America Erica AI assistant simplifies personal banking

Bank of America Erica AI assistant simplifies personal banking

Bank of America is getting on the artificial intelligence bandwagon with the launch of Erica, an AI personal assistant that helps customers manage their personal bank accounts. Though Alexa and Assistant can do many things on your behalf, they can't get into your bank account and that's where Erica comes in...at least for BoA customers. With it, those users can manage their banking activities using voice commands.

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Skim Reaper is NYPD’s possible solution to ATM card skimming

Skim Reaper is NYPD’s possible solution to ATM card skimming

The New York Police Department is testing a new tool called the Skim Reaper that may help prevent ATM-based credit card fraud. Card skimmers are a growing problem impacting people around the world; the scam works by placing a physical skimmer on an ATM, then retrieving it later after numerous cards have passed through it. The same devices can be placed on gas pumps and other terminals.

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