Fwiw a lot of late stage CEOs even of big companies are way less rich than you’d think. Jim Farleys net worth is 21 million dollars. Still very very rich, but not billionaire rich.

Really should have just kept the Sprint branding because at this point there’s nothing Uncarrier left at T-Mobile.

Worth noting (and mentioned several paragraphs in to the article) he is running for mayor in the democratic primary.

Curious what the European Union guidance says.

Cadillac Desert should be required reading for anyone involved with California water.

This drives home the gap between the people that pay for the content and the people who consume the content.

Clearly hasn’t read Cadillac Desert.

From the article “pasteurization inactivates the virus” but please, go ahead and drink your raw milk.

Anyone want to team up to start up an organic tire manufacturer with all natural rubber tires?

There’s additional tools for e-commerce transactions like 3DSecure (step up authentication like an OTP) and passive identity verification tools.

The US uses chip and signature, no joke, because the banks didn’t think people could remember another PIN.

This is an EMVCo chip card, and not an American one so it’s chip and pin most likely. Without getting too detailed, the chip generates a one time use code for each transaction, so just having the number wouldn’t help with cloning the card plus you also would need to know the PIN. Although skimmers still exist and physical card theft is a thing, it’s less common especially in markets that use chip and pin.

The m4 ultra is going to really make a case for Apple gaming without compromise, you know, except for the actual games :(

Hot take: I think this movie will do really well on streaming. It’s the kind of movie people may not make the effort for in a theater but are curious enough about to still watch when it’s convenient.

Banks charge higher fees for credit transactions to fuel the loyalty programs (flyer miles, cash back, etc) on those cards. This is why you no longer get any loyalty benefits on debit cards but you still do on credit. The fees don’t cover the risk on credit cards , the interest does.

From the federal reserve directly : https://www.federalreserve.gov/aboutthefed/boardmeetings/frn-reg-ii-20231025.pdf Also, I guess what I meant is, the cap used to be 45 cents, and when it was reduced to 21 cents, there wasn’t some massive reduction in prices of products for consumers. Merchants just pocket that difference.

Check out FedNow. Basically a domestic government run payment system. Still pretty new and growing.

Fwiw debit card transaction are capped around 21 cents per transaction depending on the size of the bank holding the account. You’re right for credit cards though. Also, imho, I’ve never seen merchants pass along these debit card savings to the consumer. With they would though.

Wish I could upvote this twice.