Discover Pushes PayPal Payments; First Data Holds Out Discover makes headway in bringing eBay's online-payments service to physical retailers, but First Data, one of the country's largest merchant processors, has opted not to support the service. More
Consumers' shift to older iPhones raises concerns on Wall Street So many consumers are opting to buy older iPhone models that some analysts wonder whether Apple has lost its ability to create new versions that dazzle. How strange to think that Vicki Macchiavello's decision to buy an iPhone after years of using a BlackBerry could be bad news for Apple. More
DealBook: Mortgage Relief Checks Go Out, Only to Bounce Relief checks issued as part of a settlement over foreclosure abuses have bounced, an unfortunate twist for consumers who have already faced problems over reviews of troubled mortgage loans. More
March retail revenue figure inches up U.S. retailers are reporting modest sales gains for March as consumers held back due to cold weather during the month and continued worry about the economy. Overall, 14 retailers reported on Thursday that revenue at stores open at least a year — a key indicator of retail health — rose an average of 0.6 percent. More
Group aiming to lower swipe fees steals a page from the opposition's playbook Restaurants and their allies argue that a bill intended to reduce processing charges would enhance data security, not undermine it. 04/23/2024 - 9:21 am | View Link
Businesses Can Wean Consumers Off High-Fee Credit Cards A proposed deal with Visa and Mastercard would let merchants steer customers away from the priciest payment methods, reducing costs while retailers wait for digital alternatives to take off. 04/22/2024 - 1:00 am | View Link
Here's Who Really Pays for Credit Card Rewards Someone needs to pay for the cash rewards and points that credit card issuers offer. Find out who foots the bill and how to ensure it's not you. 04/21/2024 - 8:00 am | View Link
Consumer Alert: Businesses must tell customers about price differences between paying with cash or card Let’s take a look at the price you pay with cash versus credit. You know, the surcharge of up to 4% that you often have to pay when you use a credit card.A new state law mandates that if businesses ... 04/17/2024 - 3:09 pm | View Link
Insurers charging rates similar to credit cards for monthly cover – Which? The consumer group also said some home insurers are charging nearly 35% APR on monthly payments. It added the rates being charged by some insurers to pay for monthly cover resemble the interest ... 04/17/2024 - 2:51 am | View Link
Business leaders across a range of industries agreed in a Wednesday discussion that the acceleration with which AI can transform society is practically unprecedented—and that, with proper regulation, that should be a good thing.
“This thing is so transformational,” said Booking Holdings CEO Glenn Fogel, speaking at the TIME100 Summit.
CEOs of start-ups and big tech companies spoke at the TIME100 Summit on Wednesday about innovating with artificial intelligence in an ethical way, just moments before a spirited debate on the future of the technology.
“Regulation and innovation are two sides of the same coin,” said Rosanne Kincaid-Smith, Group Chief Operating Officer of Northern Data Group, which is a signature partner of the TIME100 Summit.
Enlarge (credit: Getty)
Reddit has made it clear that it’s an ad-first business. Today, it expanded on that practice with a new ad format that looks to sell things to Reddit users. Simultaneously, Reddit has marketers who are interested in pushing products to users through seemingly legitimate accounts.
In a blog post today, Reddit announced that its Dynamic Product Ads are entering public beta globally.
The Polestar Phone. Someday it will unlock your Polestar car. [credit:
Polestar ]
Polestar, the Volvo offshoot EV company, has made a smartphone. It's called, predictably, the Polestar Phone, and it's only available in China. There have been a lot of car-brand smartphones out there (it's often Lamborghini), but usually, these are licensing deals that the car company ignores.
Enlarge / M82, the site of what's likely to be a giant flare from a magnetar. (credit: NASA, ESA and the Hubble Heritage Team)
Gamma rays are a broad category of high-energy photons, including everything with more energy than an X-ray. While they are often created by processes like radioactive decay, few astronomical events produce them in sufficient quantities that they can be detected when the radiation originates in another galaxy.
That said, the list is larger than one, which means detecting gamma rays doesn't mean we know what event produced them.