financial

Samsung Pay has fully launched in India

Samsung Pay has fully launched in India

Following a test in the region, Samsung Pay has fully launched for everyone in India, marking a new milestone for the payment platform. As in other regions, those in India will be able to use their Samsung mobile device and compatible bank cards to make payments at retailers that accept the service, eliminating the need to swipe cards. Samsung says it has integrated both the Indian government’s Unified Payments Interface and Paytm into the app.

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Visa sunglasses prototype uses NFC for mobile payments

Visa sunglasses prototype uses NFC for mobile payments

There’s no doubt payment at the register is changing, but how ordinary payments will look in the future is still anyone’s guess. Smartphones are currently the most popular method for making mobile payments, but smartwatches and wristbands can also be used. Visa previously showed off an NFC-based payment ring at the Olympics last year, and now it is back with another product, this one in the form of sunglasses.

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Bitcoin is now worth more than an ounce of gold

Bitcoin is now worth more than an ounce of gold

A single Bitcoin is currently worth more than an ounce of gold, marking a new milestone for the cryptocurrency. The move follows a steady rise in Bitcoin value, a trend that itself ended the cryptocurrency's long-running streak of low value throughout 2015 and part of 2016. At the moment, an ounce of gold is worth just under $1,238 and a single Bitcoin is worth just a tad over $1,238.

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HTC sees glimmer of hope in 7th consecutive losing quarter

HTC sees glimmer of hope in 7th consecutive losing quarter

HTC's latest financial report for the three months ending on December 31st, 2016 show the company in flux. The first several financial highlights the company made in this call were of positive revenue but an operating loss and a net loss after tax. Revenue for this quarter sits at NT$22.2 billion with a gross margin of 10.5%, while HTC's quarterly operating loss was a cool NT$3.6 billion with an operating margin of negative 16%.

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Apple counting on Trump tax reform to bring foreign cash home

Apple counting on Trump tax reform to bring foreign cash home

Apple ended Q1 2017 with $246 billion in cash, the vast majority of which is outside of the US, with CEO Tim Cook "optimistic" that tax reform will allow that to be brought back this year. The news came as part of Apple's record three-month period ending December 31 2016, with "blockbuster" iPhone sales and average selling price of each handset being $695. However, a growing amount of Apple's cash is locked up abroad.

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Alphabet’s sexiest projects still aren’t making it money

Alphabet’s sexiest projects still aren’t making it money

Google is still the jewel in Alphabet's financial results crown, helping drive revenues up 22-percent year-on-year in Q4 2016, but its "moonshot" projects remain a money pit. The company announced its Q4 and fiscal year 2016 results this week, raking in $26.1bn in quarterly revenues and $5.3bn in GAAP net income. However, its more ambitious Alphabet projects still lag considerably behind the company's more traditional businesses.

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Microsoft said to announce 700 layoffs alongside quarterly earnings next week

Microsoft said to announce 700 layoffs alongside quarterly earnings next week

While the last year seems to have been a positive one overall for Microsoft, with the company debuting interesting new hardware, such as the Surface Studio, alongside the growth of its software, including Windows 10. However, it appears Microsoft still has plans to follow through with last summer's promise to slash almost 3,000 jobs, with 700 layoffs said to be announced next week alongside the company's quarterly earnings report on January 26th.

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Fifth Third Bank now supports Android Pay and Microsoft Wallet

Fifth Third Bank now supports Android Pay and Microsoft Wallet

U.S. company Fifth Third Bank (53rd) has announced support for Android Pay and Microsoft Wallet, bringing the total number of mobile payment platforms it supports up to five. Customers with a Fifth Third Bank account can use, in addition to the two above, Samsung Pay, Apple Pay, and MasterPass to make payments using the app and their phone instead of their debit or credit card at supported stores.

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5 Financial apps to ease your tax season headache

5 Financial apps to ease your tax season headache

We've rolled into the new year, and that means tax season is upon us. The deadline to file your taxes won't roll around until April 18, however, getting started early will give you time to spread out the task and keep frustration low. Here to help are a handful of mobile apps designed specifically for finances and tax filing in particular, including the IRS's own under-utilized mobile offering.

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Bitcoin is back over $1,000 as value climbs

Bitcoin is back over $1,000 as value climbs

Bitcoin’s value is slowing climbing, and has exceeded the $1,000/ea valuation for the first time in about three years. The so-called cryptocurrency saw its value peak — and then crash — in 2014, and though the price has been relatively stable since, the yearly trend shows its value climbing. The currency is largely used for online purchases in which anonymity is important, though it is increasingly being accepted by mainstream retailers, too.

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Devialet raises $106 million to expand its audio tech

Devialet raises $106 million to expand its audio tech

Devialet raised $106 million in venture capital, it has announced, to fund the expansion of its proprietary tech amongst the smart devices, auto, and television sectors. As well, Devialet will expand its distribution network, adding more U.S.-based stores and ‘immersive rooms’ to its roster; this follows the launch of its sixth overall store, one located in NYC's SoHo neighborhood.

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Indiegogo equity crowdfunding lets anyone invest in startups

Indiegogo equity crowdfunding lets anyone invest in startups

Indiegogo, a crowdfunding platform similar to Kickstarter, has announced a new way for users to give companies money: by investing in them. Indiegogo has teamed with MicroVentures to launch what it says is an equity crowdfunding service in which people receive company shares rather than various perks like prototypes and finalized products. Such an option is made possible via the 2012 JOBS Act.

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