In ecommerce and money news

The last settlement related to the data breach has been achieved by Heartland Payment Systems. The payment processor has agreed to pay up to $5 million to Discover Financial Services in relation to a massive data compromise that hit the company in 2008. Last January the payment processing firm revealed that malicious software in its processing system had been found, potentially compromising the card data of millions of people.Read more

PayPal is delighted to announce, it’s working with Green Dot, MoneyPak provider, on a special promotion that is set to kick off today. The certain promotion runs this year from September 1st through November 14th and will give $10 to all PayPal customers who try MoneyPak for the first time, as well as the chance to win $1,000 every day in a daily drawing.Read more

According to the latest reports an online auction giant eBay will no longer support Google Checkout payment system starting next July. Users won’t be allowed to use any checkout service except eBay’s own payment processor PayPal. Explaining the move the company says it wants “to give eBay buyers a consistent, speedy checkout experience and to ensure support for fast-growing sales via mobile platforms...,” Todd Lutwak, eBay’s vice president of the seller experience, wrote in a little-noticed blog post last week.Read more

First Data Corp announced that now its First Data® TransArmorSM solution is publicly available. Now merchant of all sizes can avail of the service via First Data’s network of resale partners. First Data anticipates that more than 100,000 merchants will be securely processing transactions with the TransArmor solution by the end of the year.Read more

Liberty Reserve has recently introduced an anti-money laundering policy which was accepted by some users as a potential threat to their funds and subsequent devaluation of the services offered by the payment processor and as a result liquidity diminution.   The new policy says:   LIBERTY RESERVE S.A. views Money Laundering as a serious criminal offence, and as such, complies with regulatory requirements intended to forestall and prevent money laundering.Read more

The Euro zone single revealed firmness versus its key opponents in late European deals as traders are expecting the release of European Central Bank's interest rate announcement. The 16-nation single thus reached a fresh 3-week high against its UK counterpart. On the other hand, the euro that fell in early European session against the dollar, yen and the franc reversed its direction after 3:40 am ET.Read more

During early European deals, the US major revealed mixed performance across the board as investors' remained wary ahead of the ECB interest rate announcement and various US economic reports.Read more

Thursday, in early European trading, the British pound edged down against most majors as a report from the Nationwide Building Society showed that house prices in UK dropped more than expected in August. The UK currency was also diminished by decline in European stocks after an early surge. Read more

The alpine franc gained ground versus its main opponents in early European session today, following the release of a better-than-expected second quarter GDP report from Switzerland. The franc thus recovered from a 2-day low against the dollar and the yen.Read more

Thursday in Shanghai, bullion prices appeared to be slightly stronger and are supposed to stay on the rise as global economic prospects remain unreliable, while investors watch for more labour data out of the US. Spot gold thus added $2.5, or 0.2%, to $1,246 an ounce by 3:31 GMT, after having hit a two-month high of $1,254.65 on Wednesday, which is just $10 below the all-time high.Read more

In early Asian trading on Thursday, the Japanese unit revealed firmness on a weaker-than-expected Australian trade surplus data that prompted traders to seek for safe-haven yen.Read more

As Baidu announced Thursday, it intends to focus its future mobile Internet investments on its core search business, targeting to dominate the next big Internet space. According to Baidu representative, China’s leading search engine sees its broader future investment priorities to include mobile Internet and ecommerce initiatives in the B2C space.Read more

Targeting to cease employees leak to Facebook, Google has started offering money to keep its best workers.  It’s well known that over the recent months, Facebook has been working hard to recruit talent from Google. Thus, Android Product Manager Erick Tseng left Google for Facebook. Read more

PlayStation 3 hacking dongle that represents a build-your-own kit, PSGroove, has appeared in the Web.  PSGroove comprises software that can be downloaded and run on a specific type of USB Flash drive and used in much the same way the PSJailbreak dongle can.Read more

As it became known, Nokia decided to shut down its Ovi Files service. The service lets users access their computer data remotely. As the company representatives announced, Nokia is discontinuing the Ovi Files service, effective October 1, 2010. Read more

Microsoft announced on Wednesday, code for Windows Phone 7 has been released to manufacturing. The company thus meant original equipment manufacturers who made Microsoft's tight cut as phone suppliers can start installing version 1.0 of Microsoft's smartphone operating system on devices. Windows Phone 7 has undergone tests on nearly 10,000 devices per day and subjected to nearly 10 million hours of tests.Read more

Facebook will be offering gift cards preloaded with Credits at retail stores across the United States. The first to offer the cards will be the Target supermarket chain. The Facebook gift cards will be sold in the values of $15, $25 and $50 at all of Target's 1750 retail stores and at Target.com. The gift cards on display at Target were created by GMG Entertainment which also produces Apple's iTunes cards.Read more

According to the data from the Net Applications regarding to browser market share in August, Microsoft's Internet Explorer 8 holds its leadership, advancing all its rivals in growth.  However, elder Internet Explorer 6, an outdated and insecure browser, refuses to die down, though it’s losing ground violently. Read more

Today we will analyze two current investment programs which are http://hox.biz and https://empfinance.com in 9 different categories in order to help you to get some ideas of which investment programs you could join in. Read more

Two investment programs we choose for today’s battle analysis are http://www.combofunds.com and https://vivid-trade.com. Both investment programs offer low daily rates within long period of time frame plans. Read more

According to the report by security vendor M86 Security one of the largest botnets which is the Pushdo or Cutwail network was taken down and as a result the amount of spam decreased significantly. But it is believed that the botnet will retrieve in a matter of weeks.Read more

Russian police launched an investigation into a criminal gang that installed malicious "ransomware" programs on thousands of PCs and then forced victims to send SMS messages in order to unlock their PCs. According to local reports that scam may have brought Russian criminals millions of dollars. Russian police seized computer equipment and detained a Russian "crime family" in connection with the crime. 10 people are expected to be charged. Tens of thousands victims affected by the scam live in Russia, Ukraine, Belarus and Moldova.Read more

It seems that for the first time in a 20 year history of wars between software companies and users the victory will be more favorable to ordinary consumer. Late last year a Hawaii man Craig Smallwood sued Lineage II maker NC Interactive on allegations that his compulsive urge to play the game caused him to sink more than 20,000 hours into it. As a result, he had to be hospitalized and continues to suffer extreme and serious emotional distress and depression that requires treatment and therapy three times a week, according to court documents.Read more

Hewlett-Packard has come to a settlement agreement with the US Department of Justice to pay the US government US$55 million. The fine comes as HP allegedly defrauded the U.S. General Service Administration and other agencies by paying kickbacks to systems integrators in exchange for recommendations that agencies purchase HP products. Apart from this, the settlement also resolves government claims that a 2002 contract HP had with the GSA was defectively priced because the company provided incomplete information to GSA contracting officers during negotiations, the DOJ said.Read more

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On Wednesday this week Apple is holding an event where attendants will see once again how the company’s profits are getting more dependent on different devices other than PC. The Cupertino will show its new iPod Touch with a camera for video chatting and a revamped Apple TV set-top box that will reportedly resemble an iPhone 4.Read more