Financial

PayPal may be gearing up to take on Robinhood in a major way

PayPal may be gearing up to take on Robinhood in a major way

The GameStop hype got a new generation of people interested in trading, fueling the popularity of simple platforms like Robinhood that make it easy to buy and sell stocks. It's perhaps no surprise, then, that PayPal appears to be gearing up to launch its own Robinhood competitor, one that would join its relatively new crypto support.

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Coinbase tells users not to panic if they got unexpected 2FA message

Coinbase tells users not to panic if they got unexpected 2FA message

On Friday, thousands of Coinbase users received a message telling them that their account's two-factor authentication had been changed. This, as you'd expect, sent many users in a panic, including some who said they sold off their digital assets out of concern their accounts had been compromised. Over the weekend, Coinbase revealed the message was an error.

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Creators may hurt their sales by using prices that end with 99 cents

Creators may hurt their sales by using prices that end with 99 cents

It's so common that many choose it by default: an item price that ends with 99 cents, the idea being that by cutting the figure by one penny, consumers will be tricked into perceiving the product as cheaper than it actually is. This little psychological exploit may backfire, however, at least according to a new study out of The Ohio State University.

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Amazon taps Affirm to offer a new installment purchase option for buyers

Amazon taps Affirm to offer a new installment purchase option for buyers

Amazon has teamed up with popular financial company Affirm to offer its customers a new installment payment plan option for online goods. The financial offer, which is only available to some customers at this time, will allow eligible users to make relatively pricey purchases and pay for the item in multiple monthly installments instead of all at once.

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Walmart job listing reveals plan to develop cryptocurrency products

Walmart job listing reveals plan to develop cryptocurrency products

Walmart has published a new job listing that seeks a "Senior Director II" who will focus on digital currencies for the company, including identifying "customer needs" and translating "them into product requirements." Among other things, this individual will be tasked with developing a "digital currency strategy" for Walmart and generating a product roadmap.

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Venmo crypto support expands to cashback credit card rewards

Venmo crypto support expands to cashback credit card rewards

PayPal-owned Venmo has announced another cryptocurrency feature that is available to its credit cardholders: crypto cashback rewards. Credit card users already receive cashback rewards based on their usage; that, as you'd expect, comes in the form of actual cash. Going forward, however, users also have the option of getting those rewards in bitcoin or select other digital coins rather than dollars.

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Futuristic Quarterhorse reusable aircraft scores $60 million from USAF

Futuristic Quarterhorse reusable aircraft scores $60 million from USAF

Private aircraft developer Hermeus has scored a $60 million deal with the United States Air Force (USAF), the company has announced. The funds are earmarked specifically for flighting testing the aerospace firm's Quarterhorse, a sleek aircraft featuring Hermeus's own turbine-based combined cycle (TBCC) engine and a futuristic, nearly sci-fi appearance.

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Moderna details COVID-19 vaccine six-month efficacy and booster shots

Moderna details COVID-19 vaccine six-month efficacy and booster shots

Moderna has announced its Q2 2021 financial details, as well as information about its COVID-19 vaccine trials and plans going forward. Among other things, the company talked about its vaccine's efficacy after six months, as well as vaccine booster candidates and the promise they show against concerning SARS-CoV-2 variants.

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YouTube Shorts $100 million fund arrives: What creators should know

YouTube Shorts $100 million fund arrives: What creators should know

YouTube has officially launched its Shorts Fund, which it first announced back in mid-May. The $100 million fund will distribute payments to creators through 2021 and 2022, assuming they create short videos for the platform's TikTok alternative. Following the Shorts platform beta period, the Shorts Fund is now live for thousands of eligible creators.

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Amazon offers store customers credit for using palm-scanning system

Amazon offers store customers credit for using palm-scanning system

Amazon is offering its store customers credit if they register their palm for use with the Amazon One system, a contactless option for paying for goods using your palm. The system is live in dozens of Amazon stores, though at a time when many consumers are more concerned than ever about privacy and their personal data.

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Behance subscriptions feature offers creators an alternative to Patreon

Behance subscriptions feature offers creators an alternative to Patreon

Behance, a platform for creative individuals to showcase their work and skills, has added a new subscription option that allows creators to earn money from followers in a manner similar to Patreon. Followers have the option of subscribing to a creator, while that creator can make special content available only to their subscribers.

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YouTube Super Thanks tipping feature expands to thousands of creators

YouTube Super Thanks tipping feature expands to thousands of creators

Early last year, YouTube introduced a beta tipping feature called 'Applause.' The company is back with an update on this feature, as well as a massive expansion of its availability. Among other things, the company has updated the name for this tipping feature, now referring to it as Super Thanks. As with Super Chats, the new Super Thanks feature gives creators a new way to generate revenue from their videos.

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