money

Toys R Us re-opens with the future of retail in play

Toys R Us re-opens with the future of retail in play

At less than a third of the size of previously standard Toys 'R' Us store, the new locations might feel unfamiliar. It won't feel particularly familiar to the original customers of the mega-massive toy store chain, anyway. But what the new, more compact locations lack in size will be more than made up for with a modern retail cool factor. That's the aim, now that Tru Kids Brands (owners of Toys 'R' Us and Babies 'R' Us brands) are partnered up with the group called b8ta.

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FTC fines Facebook $5b, stock bolts upward

FTC fines Facebook $5b, stock bolts upward

Yes, you read that right, Facebook stock just surged - upward - after the FTC announced that they'd sent a $5-billion fine to the company. That's the biggest fine the FTC's ever demanded of a tech company - but it's the equivalent of next-to-nothing for the social networking site and mega-brand. Let's do the math on this - Facebook made approximately 55,838-million USD in revenue in 2018. A fine of 5-billion is... not particularly damaging.

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Amazon Prime Day is a dirty trick

Amazon Prime Day is a dirty trick

It's that time again, the "Amazon Prime Day" sale, the (two days) of the year when Amazon suggests it has its best deals of the year. Amazon will re-organize its front page to promote the products that companies agreed to push, and Amazon makes a boat-load of money. They'll use every trick in the book to make it seem like you're not only getting a deal, you're having fun at the same time!

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President Trump dislikes cryptocurrencies, warns Facebook about Libra

President Trump dislikes cryptocurrencies, warns Facebook about Libra

Cryptocurrencies have always been regarded with skepticism and suspicion ever since Bitcoin started hitting mainstream news. It has gained more momentum and support around the world but, unsurprisingly, governments are more cautious about officially acknowledging the technology. The latest to join those voices is none other than US president Donald Trump who, in a series of tweets, expressed his dislike of Bitcoin and its kin and also took the opportunity to bring up Facebook's new Libra "virtual currency".

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US Commerce eases Huawei trade restrictions with mixed messages

US Commerce eases Huawei trade restrictions with mixed messages

Huawei's newest fate inside US borders was mentioned in a set of remarks delivered this week by U.S. Commerce Secretary Wilbur L. Ross. This set of remarks was made at the Bureau of Industry and Security (BIS) Annual Conference on Export Controls and Security, Tuesday, July 9, 2019. In these remarks, it's made clear that Huawei's spot on the Entity List will remain written due to national security - but the reality of the situation is much simpler, it would seem. It's about that cash - that income.

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Japan’s 7-Eleven customers lose $500k in BASIC security flub

Japan’s 7-Eleven customers lose $500k in BASIC security flub

It would seem that the developers of the Japan-based 7-Eleven wallet app (7 Pay) had not heard of phone fraud. If they had, they'd have built a more secure method of changing user passwords in said app. As a result of their relative lack of finesse when it came to developing this one bit of the app, 900 customers lost a grand total of approximately 55-million Yen (which converts to roughly $506k).

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Facebook Libra cryptocurrency revealed with Calibra digital wallet to manage it

Facebook Libra cryptocurrency revealed with Calibra digital wallet to manage it

This morning, Facebook confirmed some long-running rumors by announcing that it's about to dive into the world of cryptocurrency. That cryptocurrency is called Libra, and it'll launch next year alongside a digital wallet called Calibra. Calibra will be a subsidiary of Facebook, while Libra will be governed by the Libra Association, an organization comprised of a number of different companies (including Facebook and Calibra) that's headquartered in Geneva, Switzerland.

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New Google Pay features make the experience more seamless

New Google Pay features make the experience more seamless

You'd think that a mobile payment system would be as simple as managing your credit cards or payment options and letting you easily buy stuff over the Internet or on your phone. While that is indeed the core purpose of platforms like Google Pay, it has long outgrown that basic function. Google is now giving developers and users a quick preview of upcoming Google Pay features that will not only make it easier to buy things but even get on your plane.

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Research shows another reason to stop buying diamonds

Research shows another reason to stop buying diamonds

Researchers have found proof that diamonds were formed (and are probably still forming) below the surface of the ocean's floor. In a laboratory environment, these researchers conducted a series of high-pressure experiments with marine sediment samples and a peridotite rock. Once they got pressure and temperatures high enough, salts began to form - and with them, evidence of diamond inclusions and deep-sea ancient world diamond formation.

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NVIDIA stock spikes as Bitcoin bulls return

NVIDIA stock spikes as Bitcoin bulls return

If you take a peek at the price of Bitcoin vs USD, then look at where NVIDIA is in the NASDAQ, you might draw some conclusions. While it's not been NVIDIA GPUs, but AMD GPUs that've appeared to have been used the most for cryptocurrency mining in the recent past, their fortunes seem linked. As we re-enter a bull season in cryptocurrency in general, NVIDIA's just announced they've beat earnings expectations for this most recent quarter.

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Apple Pay won’t need apps to work with some NFC stickers

Apple Pay won’t need apps to work with some NFC stickers

Contactless technology like NFC conjure up images of simply and lightly tapping on surfaces to initiate an action, be it authentication or even payment. What those scenarios don't often include is the initial setup that has to be done beforehand, like downloading an app and signing into a service. Apple, however, seems to be leading the way towards that the true realization of that fantasy with NFC tags that trigger Apple Pay, all without setting up anything other than Apple Pay first.

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Apple Card shows up in the flesh with its minimalist design

Apple Card shows up in the flesh with its minimalist design

Although Apple has long been expected to make its own physical card, the timing of its arrival was still a bit of a surprise. Announced last March, the company showed off a titanium credit card that unmistakably bore Apple's aesthetics. Now we're getting a view of what the real card looks in person, or at least based on someone's brave photos of the card.

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