American Express Co has hindered price competition in the U.S. credit card market

  American Express Co (AXP.N) has hindered price competition in the U.S. credit card market and prevented merchants and consumers from reaping cost savings, a lawyer for the U.S. government said on Monday during the first day of a trial in Brooklyn federal court. In an antitrust lawsuit, the U.S. Justice Department and 17 states have accused Amex of blocking credit ...

Are your YouTube videos buffering

Are your YouTube videos buffering? Google is now offering up direct links to a video quality report that provides you with information about how your streaming experience stacks up against other ISPs. YouTube first announced its Video Quality Report in late May. Users who are curious about how their video-streaming quality compares to other ISPs ...

new LG G3 smartphone or LG G Watch can pre-order

AT&T customers looking to nab the new LG G3 smartphone or LG G Watch can pre-order the devices from the carrier.. Both devices will arrive in AT&T stores by July 11, but those who definitely want either gadget can place their orders starting July 8. The Android Wear-based LG G Watch will set you back ...

Global economic activity should strengthen in the second half

Global economic activity should strengthen in the second half of the year and accelerate in 2015, although momentum could be weaker than expected, IMF chief Christine Lagarde said on Sunday, hinting at a slight cut in the Fund’s growth forecasts. Lagarde said central banks’ accommodative policies may have only limited impact on demand and that ...

retailers take calculated hit to margins to invest in online grocery operations

retailers are taking a calculated hit to margins to invest in online grocery operations Big retailers are taking a calculated hit to margins to invest in online grocery operations, in the hope they can persuade consumers to add more profitable items like clothes and computers to their orders of fruit and vegetables. Food has been ...

Microsoft is seeking volunteers to test beta versions of its Office software

Microsoft is seeking volunteers to test beta versions of its Office software, potentially hinting that a new version for Android tablets is on the way. The company just posted a sign-up page where individuals and companies can register their interest in testing pre-release versions of Office. “Your feedback in these programs will be instrumental in ...

Japanese e-commerce powerhouse Rakuten launches a $100 million startup fund

The company plans to invest in early-stage companies based in Asia, the United States and Israel Like many successful Japanese companies, Rakuten Inc. has taken profits from its operations in Japan to expand globally. That continued today with the Tokyo-based company announcing plans to create a $100 million fund to invest in young technology companies ...

Merchant account guidelines

Typically, acquiring banks and processors have processes in place to ensure that rule changes are identified and the appropriate changes made, they note in an unpublished article. Confusion over whether the new rules were indeed rules or just ‘best practices’ has caught many in the industry off-guard. As a result, many processors may already be unknowingly in breach of the new ...

IT spending is expected to total an impressive $3.7 trillion in 2014

Although worldwide IT spending is expected to total an impressive $3.7 trillion in 2014–a 2.1 percent increase from last year–this grow rate is lower than earlier projections of 3.2 percent, according to a study by IT research firm Gartner. The devices market, which includes PCs, mobile phones, tablets and printers, is forecast to grow in ...

Google Inc’s Android software is coming to cars, televisions and watches this year

Google Inc’s (GOOGL.O) (GOOG.O) Android software is coming to cars, televisions and watches this year, as the Internet search giant races against Apple Inc (AAPL.O) and other tech companies to extend its business into a rapidly broadening field of Internet-connected devices. Google’s free Android software runs on more than three out of every four smartphones ...