Saving money is fun! Just kidding, it’s honestly pretty annoying since it requires a delicate amount of personal control and the temporary surrendering of your cash. But don’t worry. Your computerphone can help.
Since Wells Fargo’s practice of opening bogus accounts in customers’ names was first exposed, reports of the boiler room-like sales culture that led to the scheme have leaked out of the bank. In recent weeks, that trickle has turned into a flood as more and more bankers have come forward, including one former employee…
The British pound suffered a “flash crash” earlier this morning in which it plummeted six percent against the US dollar within a matter of minutes. All signs point to high frequency stock trading as the culprit—and possibly a single algorithm.
On Thursday, federal regulators announced that they were slapping Wells Fargo with a $100 million penalty after discovering employees created hundreds of thousands of bank accounts and credit cards in customers’ names without their knowledge, costing account holders an estimated $2.5 million in fees.
Sometimes it pays to spend. The central bank of Bangladesh has found that out the hard way, as police are blaming its loss of $80m during a hack on crappy $10 routers.
According to a new report, Apple is said to be in discussion with banks to build a person-to-person payment system that would allow people to transfer money between phones without the need for cards or checks.
Last year it came to light that roughly half of the households in America had their JPMorgan Chase accounts compromised. Now, over a year later, three mean have been charged with widespread hacks that include the sustained financial attack.
Twitter’s new CEO Jack Dorsey has enough cash to go round. So much so, in fact, that he’s announced that he’s giving one-third of his stock holdings in the social media company to his employees.
Your education doesn’t have to stop once you leave school. We’ve put together a curriculum of some of the best free online classes available on the web this fall for the latest term of Lifehacker U, our regularly-updating guide to improving your life with free, online college-level classes. Let’s get started.
Toshiba has announced that its CEO, Hisao Tanaka, is resigning because the company exaggerated its operating profits by a staggering $1.2 billion over the past six years.
All trading has halted on the New York Stock Exchange, and the NYSE would like everyone to know that it’s the result of an internal technical screwup and not a cyberattack.
Your education doesn’t have to stop once you leave school. We’ve put together a curriculum of some of the best free online classes available on the web this summer for the latest term of Lifehacker U, our regularly-updating guide to improving your life with free, online college-level classes. Let’s get started.
Kurz Gesagt's latest video explainer points his easily understood animation gun towards the evilness of banks and how they've transformed over time from a simple idea (helping people trade goods) into what they are now (big behemoth bullies who make money for themselves). It's not all bad though, Gesagt also shows how…
The bitcoin service provider Coinbase is set to make history later today: it's going to launch the first licensed U.S. exchange for the currency, approved in 24 jurisdictions around the country.
In a non-public report, the Department of Treasury revealed that an increasing number of hackers are using the Tor network to maintain their anonymity. Surprise surprise! After all,Tor is one of the biggest online anonymity services. So the government is suggesting (again) that blocking Tor would keep hackers away,…
A team of sophisticated hackers with insider trading ambitions has been targeting executives at over 100 organizations for over a year. While their hacking techniques aren't all that sophisticated, they appear to have a deep understanding of the investment banking industry.
Long time, no Kim Dotcom. Well, perhaps the reason the German-Finnish Internet entrepreneur has gone so quiet is because he's flat broke.