Money Matters - Simplified


Apple refunds $6,000 for 8-year-old girl’s game bill

Surprise! Surprise! Apple Inc has issued a refund worth about $6,000 to UK man not for a defective gadget or a dysfunction app but for a massive bill racked up by his eight-year-old daughter on “free” iPad games.

Man lapses into coma after electric shock by charging iPhone

Apple’s iPhone is once again in news for its role in an accidental electrocution!

Oops!! PayPal accidentally credits man with $92 quadrillion

Imagine checking your account balance and realizing that you have become filthy rich overnight!

Chinese girl dies from electric discharge from own iPhone 5

Tragedy befell a 23-year-old Chinese woman on Sunday, who died allegedly after getting electrocuted by her own iPhone 5.

US State Department shells out $630K on Facebook 'likes'

As per a new report, advertising campaigns to win the number of Facebook fans has cost the US State Department’s Bureau of International Information Programs (IIP) $630,000.

Will Yahoo rattle social stories with Qwiki, the multimedia app?

Yahoo goes shopping, folks!! After grabbing Tumblr down and some other smaller startups, Yahoo gets Qwiki under its wing. The multimedia app, Qwiki, is an addition to Yahoo’s acquisition tear.

Oracle, NetSuite join hands for Cloud computing

Software companies Oracle and NetSuite announced an alliance to deliver cloud-based services to mid-size business customers. This is the third tie-up unveiled this week by Oracle.

40% of internet users in India are women!

More and more Indian women are turning towards the transformative power of the internet! There are 150 million internet users in the nation, in which 60 million are women, according to ‘Women and Web Study’, a report released by Google India.

Teens change loyalty, Facebook off, Twitter flocked!!

Hey Folks, Facebook news for you! Teens have shifted loyalties from Facebook to Twitter. They now access Twitter more frequently and their Facebook enthusiasm has waned confirm results of a new study.

Atmel Confirms Appointment of Steve Skaggs as Permanent Chief Financial Officer

SAN JOSE, Calif., May 22, 2013 /PRNewswire/ -- Atmel® Corporation (NASDAQ: ATML), a leader in microcontroller and touch technology solutions, today announced that Steve Skaggs has been appointed as the company's permanent Senior Vice President & Chief Financial Officer, effective immediately. Mr. Skaggs had been serving as interim Chief Financial Officer since April 2, 2013.

"We are pleased that Steve has decided to accept the permanent position, making for a seamless transition given his tenure at Atmel, prior leadership history, and semiconductor experience," said Steven Laub, President and Chief Executive Officer.

Mr. Skaggs joined Atmel in 2010. He worked previously at Lattice Semiconductor, where he served as President and CEO and also as CFO. Prior to Lattice, Mr. Skaggs was employed by Bain & Company, an international strategic consulting firm, where he specialized in high technology product strategy, mergers and acquisitions and corporate restructurings. He holds an MBA degree from the Harvard Business School and a BS degree in Chemical Engineering from the University of California, Berkeley.