A British teen recently dropped $735 on what he thought was an Xbox One Day One special edition on eBay. Unfortunately, he chose to ignore the item description specifying the auction was for a photo of the console, not the actual console. He was upset when the photo, and not a console, arrived in the mail.
That teen will be getting his money back thanks to eBay stepping in and calling the auction misleading. What the seller did was scammy, though plenty of people have called the teen out for not heeding the warning signs and plunking down his money … Read more
It appears not only people in the tech world believe Bitcoin is the currency of the future -- one of the US' biggest banks also sees legitimacy in the virtual currency.
Bank of America published its first research report (PDF) on Bitcoin on Thursday saying that the digital currency could become a major contender to other types of online money-transfer providers.
"We believe Bitcoin could become a major means of payment for e-commerce and may emerge as a serious competitor to traditional money-transfer providers," Bank of America wrote in its report. "As a medium of exchange, Bitcoin … Read more
Peter Clatworthy, a 19-year-old in the UK, has been saving his pounds to buy an Xbox One console for his young son. In particular, he had his sights aimed at the special and hard-to-find Day One edition. Day One editions on eBay UK have been selling for upwards of $800, so Clatworthy thought he had gotten a deal when he found one for $735.
There was one big red flag on the listing. The description noted the item up for auction was a photo. However, since it was listed in the consoles category and the seller had good feedback, Clatworthy went ahead with the purchase. "It said 'photo' and I was in two minds, but I looked at the description and the fact it was in the right category made me think it was genuine," he explained to the Nottingham Post.… Read more
Think about how you process your daily snail mail. If you're anything like me, you separate the important items -- bills, letters, cards, and so on -- into one pile and the fliers, catalogs, magazines, and other stuff into another.
Free iOS app Cannonball applies that same concept to managing e-mail on your iPad, automatically separating the wheat messages from the chaff messages and presenting them in a visually appealing format. It also incorporates a few handy elements from popular e-mail client Mailbox.
The app supports Gmail, iCloud, Outlook.com, and Yahoo, and offers a unified inbox for users … Read more
Americans racked up their biggest online spending day in history on Cyber Monday, forking over $1.735 billion to Internet retailers, an 18 percent jump over a year ago.
And it wasn't just on Monday. According to ComScore, Americans spent $23.9 billion online during the first 32 days of the November-December holiday season, up 8 percent over last year.
Those big gains may have come at the expense of merchants who were hoping to cash in during Black Friday and the weekend following Thanksgiving. According to the National Retail Federation, shoppers spent $1.7 billion less during that … Read more
Leaked from today's 404 episode:
- Your traditional Black Friday Walmart gadget brawl footage.
- Shoppers whip out mobile gadgets to tackle Black Friday madness.
- The dirty secret behind Black Friday discounts.
- 92 percent of 2013 Black Friday ads contain the exact same items at the same price as 2012.
- Amazon drones: Bold experiment or shrewd publicity stunt?
- Amazon "drones" stir up privacy concerns among lawmakers.
And if you've ever plunked down in bed or on the couch to read something, you've probably discovered that the screen will automatically rotate between portrait and landscape orientations depending on how you hold your phone or tablet. This can be useful, or it can be a huge hassle -- especially if you move around a lot and don't want the screen constantly shifting back and forth.… Read more