Google Inc has acquired solar-powered drone maker Titan Aerospace

Google (Photo credit: warrantedarrest) Google Inc has acquired solar-powered drone maker Titan Aerospace as the Web search giant ramps up plans to deliver wireless Internet access to remote parts of the world. Titan Chief Executive Vern Raburn declined to provide information on the price of the deal, which he said closed on Monday morning. The 20-person ...

PCI Security Standard Scrutinized in Wake of Data Breaches

PCI Security Standard Scrutinized in Wake of Data Breaches Questions increasingly are being raised about the PCI data security standard, as companies that were judged PCI-compliant find themselves still becoming victims of data breaches. Heartland Payment Systems, in fact, partially blamed an overreliance on PCI compliance for its 2009 data breach, noting the PCI auditing ...

Check process for internet

Apply for Check processing today! Process your customer’s checks on a virtual terminal right over the internet. Works just like credit card processing. We deal with following business and others too worldwide. ADULT, GAMING, PHARMACY, TRAVEL SERVICES, GENERIC DRUGS. With euCheck processing payment solutions, financial transactions between you and your customers are instantly verifiable, hassle-free and ...

Bank of America (BAC.N) agreed to pay nearly $800 million in fines

Credit card (Photo credit: Wikipedia) Bank of America (BAC.N) agreed to pay nearly $800 million in fines and restitution to settle allegations of deceptive marketing and unfair billing involving credit card products, U.S. regulators said on Wednesday. The Consumer Financial Protection Bureau and Office of the Comptroller of the Currency said they had ordered the bank to pay ...

Credit card fees on foreign transactions

Pay with your credit card when you travel abroad and you may find an unwelcome souvenir from the trip when you open your statement: a foreign transaction fee. Many travelers fume at being charged an extra 3 percent or so of their international purchases, so some credit card issuers are now getting rid of the ...

Big retailers are muscling in on the likes of Visa, MasterCard

Big retailers are muscling in on the likes of Visa, MasterCard and Google in a fiercely competitive and growing mobile payment market that promises to cut transaction costs and increase customer loyalty. Stores such as British supermarket Tesco and France’s Auchan hope their “digital wallets” – apps which allow users to pay with their smartphones rather than ...

Stronach’s compensation with Magna to end 2014

Magna International Inc (MG.TO), one of the world’s biggest auto parts makers, paid $52 million in consulting fees to billionaire founder Frank Stronach in 2013, but the company is stressing that his compensation will stop at the end of this year. Stronach, who started the auto parts giant in a Toronto garage in 1957, was ...

Microsoft and Oracle lead the way

Worldwide software revenue totaled $407.3 billion in 2013, a 4.8 percent increase from 2012 revenue of $388.5 billion, according to a report from IT research firm Gartner. Microsoft held a dominant market lead with 65.7 percent share, followed by Oracle with nearly 30 percent. IBM, SAP and Symantec rounded out the top five vendors. Salesforce.com, ...

Judge allows tech workers class action to proceed

A U.S. judge on Friday rejected a request from Apple, Google and two other tech companies to avoid a trial in a class action lawsuit alleging a scheme to drive down wages. Tech workers sued the companies alleging they conspired to avoid competing for each other’s employees in order to avert a salary war. Trial ...
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