Money Matters - Simplified


Cash collections on! eBay commercializes user data for marketers

Hey Folks! Did you know that eBay is busy commercializing, as it offers your data details to the marketers? eBay now carries data to the doorstep of the advertisers in the same way as Facebook, Amazon and Google.

4 Ways to Plug Your Money Leaks

Resolving to save Foolishly is good. Resolving to spend Foolishly is better. We all spend. We buy groceries, services, and birthday gifts. We pay mortgages and utility bills. We go on dates and take vacations. We invest. (Right?) Like a hyped-up 2-year-old, money never sits still. All we can do is make sure it heads in the right direction. And if you're like me, that's a challenge most of the time.

Infamous JetBlue attendant lands new job

San Francisco -- Former JetBlue flight attendant Steven Slater will be the spokesman for the Mile High Text Club Contest, the U.S. telecommunications company Toktumi Inc. said.

Toktumi, the company behind the mobile communication application Line2, said it has signed a deal making Slater the face and one of the judges of its contest, which celebrates Line2's in-flight texting capability on Wi-Fi-equipped airplanes.

Slater gained notoriety after leaving a JetBlue plane on an emergency slide because he said he was fed up with rude passengers.

The Mile High Text Club Contest invites travelers to text their most outrageous flight stories to 222-222-2222to win prizes such as iPod touches, free Line2 service and a weekend holiday shopping trip for two to New York.

Tellabs Shares Plunged: What You Need to Know

 Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

Lasers could protect helicopters from harm

Ann Arbor, Mich. -- A new laser technology could protect helicopters in combat from heat-seeking missiles, University of Michigan researchers say.

Using inexpensive, off-the-shelf telecommunications fiber optics, Mohammed Islam, a professor in the UM Department of Electrical Engineering and Computer Science, has developed sturdy and portable "mid-infrared supercontinuum lasers" that could blind heat-seeking weapons from a distance of 1.8 miles, a university release said.

"Battlefield terrain in places like Afghanistan and Iraq can be so rough that our troops have often had to rely on helicopters, and they can be easy targets for enemies with shoulder-launched missiles," Islam says.

The 25 Highest Yielding Telecoms

It seems as though interest rates are going to be staying quite low, at least for the foreseeable future, which means investors should get used to paltry returns from treasuries and their favorite FDIC-insured savings accounts.

Consultant: Tech layoffs slow 70 percent

Chicago -- U.S. high-tech companies are still announcing employee layoffs, but at a rate 70 percent less than a year ago, an outplacement firm said Wednesday.

Computer, electronics and telecommunications employers announced 35,375 job cuts from January to June, down 70 percent from last year's 118,108, the highest six-month total in seven years, Challenger, Gray & Christmas Inc. said.

Announced layoffs fell 52 percent to 56,521 the second half of last year, making this year's six-month 37 percent less than that second-half total, the firm said.

The biggest slowdown in announced technology job cuts occurred in electronics firms, which saw announced job cuts drop 95 percent to 2,406 so far this year from 45,799 in the first half of 2009.