financial

Wells Fargo leaks 50,000 client documents in mailing error

Wells Fargo leaks 50,000 client documents in mailing error

These days, we've almost gotten used to large corporations losing sensitive data as a result of poor security measures and hackers, but in the latest incident, Wells Fargo has just made a big mistake. The bank accidentally sent 1.4GB of data containing information on 50,000 of their wealthiest clients to a former financial adviser. While this person had subpoenaed Wells Fargo as part of a lawsuit, these were the not the type of records that had been requested.

Continue Reading

Microsoft just passed a huge milestone

Microsoft just passed a huge milestone

It's a good day to be Satya Nadella. Microsoft delivered its latest round of financials yesterday evening, and things are generally looking good across the board. Revenue and per-share earnings beat estimates in Q4, but even those aren't the biggest items Microsoft reported. Instead, our focus should be on Office 365, which passed an absolutely massive milestone during the quarter.

Continue Reading

This company wants to treat brain diseases with gaming

This company wants to treat brain diseases with gaming

Company Highmark Interactive wants to use video games to treat brain injuries, and it has just raised a bunch of cash to help it in that mission. The company has raised $2m in funds as part of a plan to develop games that will be used as treatments for individuals with brain trauma, though the nature of these games isn't clear at this time.

Continue Reading

Samsung Pay adds Discover support: here’s how to add your card

Samsung Pay adds Discover support: here’s how to add your card

Samsung Pay, the Korean company's mobile payment system, has finally added support for Discover credit cards, filling a big gap that left out some users. Samsung quietly added the support to its Android app, enabling anyone with a Discover card to add it to their digital wallet. Not familiar with Samsung Pay? We've got all the details on how to add your card.

Continue Reading

Coinbase tipped at $1b valuation as demand for cryptocurrency soars

Coinbase tipped at $1b valuation as demand for cryptocurrency soars

Coinbase, a Bitcoin exchange, is in talks for what could end up being the largest funding round ever for such a company, according to sources. The company is tipped in talks with possible investors for a funding round that may see Coinbase valued at more than one billion dollars, a new milestone for the cryptocurrency market if it proves true. What is spurring such massive figures? The similarly massive -- and growing -- demand for Bitcoin and other cryptocoins.

Continue Reading

How to use PayPal with Android Pay

How to use PayPal with Android Pay

PayPal and Android Pay will soon play nicely together, it has been revealed, with Android Pay users being able to tie their PayPal accounts to the mobile payment system. PayPal users have been requesting this feature for a while, and now it appears to be rolling out, though not all users are seeing it at this time. Once linked together, the PayPal account appears as a payment option within the Android Pay app.

Continue Reading

Tesla boasts record production and car deliveries during Q1 2017

Tesla boasts record production and car deliveries during Q1 2017

Tesla's first quarter fiscal results are in and things are looking up. The company reports a huge 64-percent vehicle production increase year-on-year; during Q1, the automaker delivered 25,051 vehicles to customers. This ultimately resulted in $2.7 billion in GAAP revenue, though year-on-year losses increased this past fiscal quarter due to 'operations improved' during its most recent fourth fiscal quarter. All things considered, Tesla says that it is still on track for the initial Model 3 production to kick off in July.

Continue Reading

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.

Continue Reading

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.

Continue Reading

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.

Continue Reading

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%.

Continue Reading

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.

Continue Reading

1 2 3 4 5 Next