Breaking: VISA officially blames cryptocurrency overcharge scandal on Coinbase


Following a technical issue which resulted in Coinbase overcharging numerous cryptocurrency buyers for up to 50 times their original purchase, VISA has now come out to blame the bug on the popular exchange desk. “Visa has not made any systems changes that would result in the duplicate transactions cardholders are reporting,” a Visa spokesperson told TNW. “We are also not aware of any other merchants who are experiencing this issue.” “We are reaching out to this merchant’s acquiring financial institution to offer assistance and to ensure cardholders are protected from unauthorized transactions,” the statement concluded. This dreadful situation first started shaping…

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This week on AI: Apple’s $350B US cash influx, Chinese labor scandal, HomePod coming soon & more

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With newsmakers finally back from the holidays, the Apple sphere finally began spinning at high speed again — particularly after Apple’s announcement that it plans to pump a lot of money into the U.S. economy through 2023.
AppleInsider – Frontpage News

Volkswagen exec gets seven years in prison over emissions scandal

Volkswagen official Oliver Schmidt has been sentenced to seven years in prison and handed down a $ 400,000 fine. In August, the former Volkswagen manager in Michigan pleaded guilty for his role in the automaker's emission-cheating scheme. If you'll re…
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Google faces UK class action lawsuit over 2012 Safari privacy settings bypass scandal

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Google faces the prospect of paying out compensation to iPhone owners in the United Kingdom if an attempted class action lawsuit goes against the firm, with a group taking the search giant to court over its bypassing of privacy controls in Safari that took place from 2011 until 2012.
AppleInsider – Frontpage News