Tag - Currency
The contest for shortest and most obscure Pointers tutorial topic continues – and may be over. No more calls, we have a winner: this one is about changing your keyboard language. It's so obscure that you may not even understand what that means: if you're in America, for instance, you can tell your Mac that you prefer a British keyboard. Amongst other things, it saves you having to contort your fingers to press the right combination of shift and Command keys to get your local currency symbol.
Apple has put up the prices for some of its products in a number of countries yet again, as it attempts to counter the changes in the exchange rate between the US dollar and other currencies. Customers in Brazil, New Zealand, Norway, Malaysia, and others can expect to pay more for the MacBook Air, MacBook, MacBook Pro, Mac mini, and Mac Pro from this week, with the price rises following similar increases affecting Australia, Canada, and areas of Europe earlier this year.
Apple has issued an overdue correction to a number of non-US markets in response to the strengthening US dollar, which is gaining favor in currency trading circles again due to the recovering US economy and reduced deficit situation. The news is bad for Apple buyers outside the US, however, as dramatic price jumps of nearly $100 for unlocked iPhones and $400 increases in the price of some Mac hardware are likely to hurt foreign sales, at least in the short term.
A startup is attempting to make it easier for people to pay for goods and services using digital currencies. Shift Payments, backed by Y Combinator, is testing a debit card which lets users spend Bitcoin and other cryptocurrencies as if it is a normal fiat currency, with a view to allowing customers to switch between virtual currencies, normal funds, and loyalty points in the future.
The US Federal Consumer Financial Protection Bureau (CFPB) issued a warning on virtual currencies like Bitcoin and Dogecoin on its website today. In the warning, the CFPB sounds off some well-known issues that generally circle around Internet currencies, such as the risk of hacking, fraud and lack of regulation in holding houses.
Travel reservation company Expedia has jumped aboard the Bitcoin train to allow travelers to book their hotel stays with the virtual currency. Teaming up with Coinbase, Expedia will now show Bitcoins as a payment option up against other payment forms, such as credit cards and PayPal. Expedia joins the likes of Overstock.com and Dish Network in allowing their customers to pay with the Internet currency.
Canadian start-up Kik has launched a virtual currency for its messaging app with built-in browser. Kik users can now earn "Kik Points," which both incentivizes in-app activity and allows for buying content. Points can be earned by executing specific tasks, such as inviting friends to the beta, and in turn "buy" in-app content like stamps. Kik is available for download across operating systems.
The Internal Revenue Service has declared that Bitcoin should be classed as property for tax purposes, and not as a currency. The ruling, which clarifies the tax-related standings for its supporters, can be applied to virtual currencies, with the US government agency also stating that owners may need to pay more tax or deduct a loss depending on what happens to the value of the currency as it is owned.
Troubled Bitcoin exchange Mt. Gox filed for bankruptcy protection in Japan on Friday, breaking the silence on the company's position since suspending trading on February 24. The firm admits that it may have lost nearly half a billion dollars worth of the virtual currency when its systems were compromised by hackers. Mt. Gox is said to have $64 million in debts.
Fox Sports has confirmed that it will stream this year's Super Bowl, as it has the past two years. Super Bowl XXVIII -- featuring Bruno Mars' halftime show -- will stream online from Fox Sports' steaming site as well as its iOS app at 6:30PM ET on February 2.