Items tagged with cash
Many working stiffs find themselves with too much month at the end of the money and staring at a pile of debt, but how nice would it be to have that work in reverse? If you really want to know the answer to that question, just ask Samsung, which is generating more money than it can spend each month. Of course, that's what a business is supposed to do -- make a profit and all that jazz -- only most don't find themselves sitting on 31.2 trillion won, or $28.5 billion, after debt. Following a first quarter that saw a 42 percent jump in net profit, Samsung now says its cash and equivalents grew to almost $40 billion, which has tripled in size over the last year, The Wall Street Journal reports. After...
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In need of extra cash? Who isn't, right? If you're a smart hacker, you may be able to make a small fortune by simply tricking an ATM or two into spitting out money for you. We know that sounds crazy, and it certainly is, but it's true nonetheless. At the annual Black Hat conference -- where hackers and security experts gather to make public certain loopholes in order to encourage companies to fix them -- Barnaby Jack was able to demonstrate how he could trick an ATM into spitting out all of its cash, and more. The hacker spent two full years perfecting the ruse, which applied to the ATMs found often in front of convenience stores. The goal was to find a way to take control of the ATM by "exploiting...
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Greater Value Than Ever BeforeOntario, Calif., July 15, 2008 - In response to recent market fluctuations, XFX is taking the history-making stance of offering up to $120 cash back to its dedicated technology-forward customers who purchased its GeForce GTX 280 and GeForce GTX 260 graphics cards between June 16, 2008 and July 11, 2008. This offer is available only to customers and purchases in the US and Canada. Rules and certain restrictions apply."Market conditions in recent days have caused the price of these two graphics cards to drop significantly," explains XFX USA President, Eddie Memon. "However these cards were just introduced to our customers a few weeks ago. We want to thank our customers...
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Just before the July 4 Independence Day holiday, we broke some news that stated NVIDIA had plans to drastically reduce prices on their flagship GeForce GTX 260 and GTX 280 graphics cards. Then a few days later, sure enough, the rumor became fact and prices dropped significantly for both products.Anytime a halo product like the GTX 200 series gets treated to a major price cut so close to its initial release, early adopters are inevitably disappointed. After all, they paid a price premium for a product that almost immediately lost a large chunk of its value. Heck, in the tech sector, such moves can even spur lawsuits from disgruntles customers.To show their appreciate of those...
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Yahoo! has released an investor presentation that outlines the company's long-term financial plan. According to their press release, this financial plan was generated before Yahoo! received a hostile takeover bid from Microsoft. You'll forgive me if I have my doubts about that. Because unless Yahoo! cures cancer or has a secret unicorn farm somewhere, I can't see how this projection of revenues is anything but wishful thinking. Wishing for a higher bid from Microsoft, that is.The presentation supports the unanimous determination by the Company's board of directors that Microsoft's January 31, 2008 unsolicited acquisition proposal substantially undervalues Yahoo!. The board cited Yahoo!'s global...
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Is this a case of throwing good money after bad? The HD-DVD Group is spending loads of cash on an HD-DVD Super Bowl ad.The ad will feature Toshiba's three lowest-priced players, the HD-A3, A30, and A35, and is the biggest advertising move for any high-def disc medium to date, reports Home Media Magazine.According to industry reports, the 30-second TV spot is expected to run Toshiba nearly $3 million. It is a crucial move that Toshiba hopes will bring consumers to HD DVD instead of Blu-ray, which has a significant early lead in the format war.If they want people to watch the ad, they'd better put it in the first half, as N.E. might be so far ahead in the second half everyone will tune...
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It seems that online retail is continuing to do very well this year, and has shown marked gains from even a year ago. We can certainly understand the appeal after spending untold hours in lines and fighting traffic.ComScore has been tracking online sales figures, and those figures certainly look amazing:“During the first 48 days of the holiday shopping season-- November 1 to December 18-- U.S. shoppers have spent almost $25 billion in online retail purchases, up 19 percent from the same period last year, according to comScore.As Christmas day approaches, the intensity of online shopping eases up, although late-shipping deals, in-store pickup options and price reductions should keep growth...
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It's possible consumers may see such rebates in the future. Right now, buy an energy efficient dishwasher, furnace, A/C unit, or something similar and you can often get a rebate from your utility company. Will utilities also give rebates for energy-efficient PCs? It's being discussed.The Climate Savers Computing Initiative, a consortium of tech companies that is trying to get the industry and consumers to adopt energy-efficient components, has started to explore the idea of direct rebates with utilities, said Erik Teeszer, a program manager at Google during a meeting at the Intel Developer Forum taking place in San Francisco. Google and Intel are the driving forces behind Climate Savers.Some...
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Intel Declares Regular Cash Dividend SANTA CLARA, Calif., Jan. 18, 2007 -- Intel Corporation's board of directors has declared an 11.25 cents per share quarterly dividend on the company's common stock. The dividend is payable on Mar. 1, 2007 to stockholders of record on Feb. 7, 2007. In November the company announced a 12.5 percent increase in its quarterly dividend to 11.25 cents per share ($0.45 per share on an annual basis). READ MORE......
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When there's nothing on TV, there's always YouTube. But the popular video service might be facing some stiff competition in the form of eefoof.com. The attracting aspect of the service is its claim to share a percentage of site revenue based on the number of viewers a video attracts. "Analysts will want to know whether eefoof can sustain itself by cutting videographers in on revenues. But at a time when many video-sharing sites are looking for compelling content, the payment offer could give Eefoof an edge in attracting superior videos." On a side note, I hope everyone had a great 4th of July!...
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Intel Declares Regular Cash Dividend SANTA CLARA, Calif., Jan. 19, 2006 – Intel Corporation's board of directors has declared a $0.10 per share quarterly dividend on the company's common stock. The dividend is payable on Mar. 1, 2006 to stockholders of record on Feb. 7, 2006. In November the company announced a 25 percent increase in its quarterly dividend, to $0.10 per share. Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at www.intel.com/pressroom...
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