Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:14:\"strict warning\";s:8:\"%message\";s:62:\"Non-static method view::load() should not be called statically\";s:5:\"%file\";s:63:\"/home/themoney/public_html/sites/all/modules/views/views.module\";s:5:\"%line\";i:906;}', 3, '', 'http://www.themoneytimes.com/taxonomy/term/124/all/feed', '', '54.196.208.6', 1455338035) in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:14:\"strict warning\";s:8:\"%message\";s:109:\"Declaration of views_handler_argument::init() should be compatible with views_handler::init(&$view, $options)\";s:5:\"%file\";s:86:\"/home/themoney/public_html/sites/all/modules/views/handlers/views_handler_argument.inc\";s:5:\"%line\";i:744;}', 3, '', 'http://www.themoneytimes.com/taxonomy/term/124/all/feed', '', '54.196.208.6', 1455338035) in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:14:\"strict warning\";s:8:\"%message\";s:134:\"Declaration of views_handler_filter::options_validate() should be compatible with views_handler::options_validate($form, &$form_state)\";s:5:\"%file\";s:84:\"/home/themoney/public_html/sites/all/modules/views/handlers/views_handler_filter.inc\";s:5:\"%line\";i:607;}', 3, '', 'http://www.themoneytimes.com/taxonomy/term/124/all/feed', '', '54.196.208.6', 1455338035) in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:14:\"strict warning\";s:8:\"%message\";s:130:\"Declaration of views_handler_filter::options_submit() should be compatible with views_handler::options_submit($form, &$form_state)\";s:5:\"%file\";s:84:\"/home/themoney/public_html/sites/all/modules/views/handlers/views_handler_filter.inc\";s:5:\"%line\";i:607;}', 3, '', 'http://www.themoneytimes.com/taxonomy/term/124/all/feed', '', '54.196.208.6', 1455338035) in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:14:\"strict warning\";s:8:\"%message\";s:148:\"Declaration of views_handler_filter_node_status::operator_form() should be compatible with views_handler_filter::operator_form(&$form, &$form_state)\";s:5:\"%file\";s:100:\"/home/themoney/public_html/sites/all/modules/views/modules/node/views_handler_filter_node_status.inc\";s:5:\"%line\";i:13;}', 3, '', 'http://www.themoneytimes.com/taxonomy/term/124/all/feed', '', '54.196.208.6', 1455338035) in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:14:\"strict warning\";s:8:\"%message\";s:62:\"Non-static method view::load() should not be called statically\";s:5:\"%file\";s:63:\"/home/themoney/public_html/sites/all/modules/views/views.module\";s:5:\"%line\";i:906;}', 3, '', 'http://www.themoneytimes.com/taxonomy/term/124/all/feed', '', '54.196.208.6', 1455338035) in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:14:\"strict warning\";s:8:\"%message\";s:130:\"Declaration of views_plugin_row::options_validate() should be compatible with views_plugin::options_validate(&$form, &$form_state)\";s:5:\"%file\";s:79:\"/home/themoney/public_html/sites/all/modules/views/plugins/views_plugin_row.inc\";s:5:\"%line\";i:134;}', 3, '', 'http://www.themoneytimes.com/taxonomy/term/124/all/feed', '', '54.196.208.6', 1455338035) in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:14:\"strict warning\";s:8:\"%message\";s:126:\"Declaration of views_plugin_row::options_submit() should be compatible with views_plugin::options_submit(&$form, &$form_state)\";s:5:\"%file\";s:79:\"/home/themoney/public_html/sites/all/modules/views/plugins/views_plugin_row.inc\";s:5:\"%line\";i:134;}', 3, '', 'http://www.themoneytimes.com/taxonomy/term/124/all/feed', '', '54.196.208.6', 1455338035) in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:137:\"Cannot modify header information - headers already sent by (output started at /home/themoney/public_html/includes/database.mysql.inc:135)\";s:5:\"%file\";s:46:\"/home/themoney/public_html/includes/common.inc\";s:5:\"%line\";i:153;}', 3, '', 'http://www.themoneytimes.com/taxonomy/term/124/all/feed', '', '54.196.208.6', 1455338038) in /home/themoney/public_html/includes/database.mysql.inc on line 135
United States http://www.themoneytimes.com/taxonomy/term/124/all/feed en Apple's new headquarters to be ‘spaceship-shaped’ http://www.themoneytimes.com/featured/20131012/apples-new-headquarters-be-spaceship-shaped-id-1701713641.html <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>Apple has hitherto been known for its immensely popular innovative gadgets. It may soon be well known for its spectacular novel headquarters.</p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/Apple%27s%20new%20headquarters%20to%20be%20%E2%80%98spaceship-shaped%E2%80%99.jpg" alt="" title="" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="97" /> </div> </div> </div> <p>The plan for the iconic iPhone manufacturer’s proposed new spaceship-shaped headquarters will be presented before the City Council Tuesday to get the initial go-ahead.</p> <p>Imagine this; 175-acres of land with a circular ring of polished glass. Nothing more, nothing less; 80 percent of the area is open space.<br /> That’s where thousands of Apple’s employees will be placed in the future.</p> <p><strong>Green building</strong><br /> "You see the energy and the love and the attention to detail that we''ve put into this,” Peter Oppenheimer, Apple’s chief financial officer said.</p> <p>"We have treated this project just as we would any Apple product. And this will be a place for the most creative and collaborative teams in the industry to innovate for decades to come,'''' he added. </p> <p>The architectural design is indeed jaw-dropping. It has been designed by none other than Sir Norman Foster and team.</p> <p>The state-of-the-art building will be famous for, among other things, its stellar environmental standards. </p> <p>The building boasts of ventilated space with radiant cooling that requires no air-conditioning for major part of the year; The LED lighting and smart-control systems have been designed taking into consideration the microclimate conditions of the site. Hordes of fruit, oak and olive trees and other plantations will grace the site.</p> <p>To sum it all, the building will use “30 percent less energy than a typical corporate building in the Valley.”</p> <p><strong>Will boost collaboration</strong><br /> With a tax-revenue windfall promised for Cupertino Apple promises to manufacture a real-estate masterpiece in the heart of Silicon Valley.</p> <p>Sources familiar with the matter reveal that the proposed building was a dream project of the legend, late Steve Jobs.</p> <p>The concept behind the building is collaboration and fluidity. Apple’s management is of the opinion that rectangular, square or long buildings with multiple stories hamper teamwork.</p> <p>“It''ll provide a very open-spaced system, so that at one point in the day you may be in offices on one side of the circle and find yourself on the other side later that day,'''' Oppenheimer said of the building. </p> <p>Originally published on 12-10-2013.</p> <div class="field field-type-text field-field-imagecaption"> <div class="field-items"> <div class="field-item odd"> <p>Apple Inc. will soon have a new innovative, spaceship-shaped headquarters.</p> </div> </div> </div> Apple building Apple headquarters Business Business new spaceship-shaped headquarters Technology Technology The Money Times newsletter Top Story United States Sun, 19 Apr 2015 10:19:57 +0000 Jamie Anderson 1701713641 at http://www.themoneytimes.com Astonishing! California Driver served ticket! No Google Glass while driving http://www.themoneytimes.com/featured/20140304/astonishing-california-driver-served-ticket-no-google-glass-while-driving-id-17017 <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>Careful, my friends please do not wear eyewear resembling the <a href="http://themoneytimes.com/taxonomy/term/94345">Google Glass</a> as you drive along! Tuesday night witnessed a 44-year-old lady, charged with a ticket as she drove along wearing “<a href="http://themoneytimes.com/featured/20130826/gadget-newsget-tangerine-colorful-fashionable-and-tech-savvy-google-glass-id-17017">Google Glass</a>”.</p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/g.jpg" alt="" title="" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="135" /> </div> </div> </div> <p><strong>No Google Glass while driving?</strong></p> <p>Well, folks you better check on the legalities of driving while wearing the wearable computer-<a href="http://themoneytimes.com/featured/20130802/google-allows-selected-us-glass-owners-invite-friends-buy-device-id-1701713425.htm">Google Glass</a>. It still hasn’t completed its foray into the consumer market and it is already in the news for all the wrong reasons.</p> <p><strong>Abadie in a soup</strong></p> <p>In San Diego country, on a very busy freeway, 44-year-old, Cecilia Abadie, got a ticket for speeding when she was stopped midway on the Interstate 15 by a Highway patrol Officer in California. Cecilia lives in Temecula and is employed at a golf supplies store in San Diego.</p> <p>The internet savvy Abadie quickly reached out to the online public and posted a note"A cop just stopped me and gave me a ticket for wearing Google Glass while driving! ... Is <a href="http://themoneytimes.com/featured/20130723/google-delves-deeper-google-glass-grabs-63-himax-id-1701713376.html">Google Glass</a> illegal while driving or is this cop wrong??? Any legal advice is appreciated."</p> <p>According to the CHP’s statement given on Wedenesday , the ticket was served because Abadie had violated the California Vehicle Code 27602 that specifies that it is illegal to "drive a motor vehicle if a television receiver, a video monitor, or a television or video screen, or any other means of visually displaying a television broadcast or video signal that produces entertainment or business applications is operating and is located in the motor vehicle at a point forward of the back of the driver''s seat, or is operating and the monitor, screen, or display is visible to the driver while driving the motor vehicle."</p> <p><strong>The authorities say</strong></p> <p>The CHP officials feel that Abadie’s ticket may be the first of its kind that involved <a href="http://themoneytimes.com/featured/20130509/google-glass-celebrates-first-software-update-id-1701713174.html">Google Glass</a>.</p> <p>At this, Google was forced to clarify the stance and the authorities said that they considered driving as paramount and the Google Glass was just to keep the wearer have a make contact with the world. It was certainly not meant to distract the driver from the important task at hand.</p> <p>No directive has been issued to the patrolling officers regarding the <a href="http://themoneytimes.com/featured/20130503/winky-google-glasss-new-android-app-takes-snaps-you-wink-id-1701713161.html">Google Glass</a> but according to CHP spokesman Jake Sanchez, in the San Diego office, careful driving on the streets is a must. He gave his viewpoint on the issue stating "Anything that takes your attention away from driving -- putting on makeup, eating food, talking to a passenger, watching a video, talking on the phone -- is dangerous.”</p> <p>He also felt that it was the decision of the individual officer whether the driver needs to be charged with distracted driving and offered a ticket."It''s every officer''s own judgment on whether the law has been violated," Sanchez said.</p> <p>Well, the internet post by Abadie had collected about 200 comments out of which many insist that she needs to take a stand in the Courts</p> <p>"Please please please, fight this in court. We need to get a ruling on this," read a post.</p> <p>Speculating whether the judge is a “technology lover” Abadie states, "It''s all in how a judge will interpret it and I suspect their love or hate and understanding of the technology might help or the opposite.”</p> <p>Originally published on 2013-10-31.</p> Cecilia Abadie Distracted driving eyewear-mounted computer Gadgets google Glass Google Glass Technology Handhelds Technology Technology The Money Times newsletter Top Story United States Tue, 04 Mar 2014 12:41:56 +0000 Minnie Mahendru 1701713684 at http://www.themoneytimes.com NASA’s 3D Printer Launch into Space Expected in 2014 http://www.themoneytimes.com/featured/20140223/nasa%E2%80%99s-3d-printer-launch-space-expected-2014-id-1701713612.html <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>NASA’s 3D printer is receiving finishing touches and is almost ready to be shuttled out to the space.</p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/3d.jpg" alt="" title="" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="118" /> </div> </div> </div> <p>Next year in fall, NASA would be launching a 3D printer into space. For this, NASA has picked one out of a number of machines ranging from $300 desktop models to $500,000 warehouse builders. </p> <p>The venture is being dubbed as a great achievement for the agency as it would free astronauts from carrying every tool, spare part, or anything that may be required on space. </p> <p>The printer would craft objects by protruding layer over layer of plastic made from the long strands enveloped around large spools. These spools would substitute for scores of extra instruments and hardware in the upcoming mission. However, the mission is only a demonstration of printing.</p> <p>The machines were initially developed to be used on Earth or confront the space challenges such as problems of launch or pressure of functioning in the orbit. This encapsulates issues like microgravity, different air pressures, extreme temperatures and limited power. So, the basic purpose of 3D printers was to tone down such problems.</p> <p>NASA had hired Silicon Valley startup Made In Space to construct something that would not be hackneyed. According to the director of engineering at Nasa''''s Ames Research Center at Moffett Field, about 35 miles south of San Francisco, "If you want to be adaptable, you have to be able to design and manufacture on the fly, and that''''s where 3D printing in space comes in.”</p> <p>According to Aaron Kemmer, CEO of Made in Space, "Imagine an astronaut needing to make a life-or-death repair on the International Space Station. Rather than hoping that the necessary parts and tools are on the station already, what if the parts could be 3-D printed when they needed them?"</p> <p>Fleshing out the details, the engineers at NASA have been 3D printing miniature satellites that would be shuttled out of the International Space Station. </p> <p>3-D printer’s inventor Andrew Filo, who is consulting with NASA on the project, has said, "Any time we realize we can 3D print something in space, it''''s like Christmas. You can get rid of concepts like rationing, scarce or irreplaceable.”</p> <p>Though the mission is initially a demonstration of printing, finally it would have to capture gasses moving out from the extruded plastics, print their own parts for self-repairs and recycle printed products.</p> <p>Originally Published on 2013-09-30. </p> 3-D Printers Andrew Filo Gadgets International Space Station NASA News NASA Project Space News Technology Technology Top Story United States Sun, 23 Feb 2014 06:56:42 +0000 Neha Dutt 1701713612 at http://www.themoneytimes.com Lift Heavy Objects With Smart Phone Controlled Smart Lifting Device http://www.themoneytimes.com/featured/20140222/lift-heavy-objects-smart-phone-controlled-smart-lifting-device-id-1701713758.html <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>The latest lifting device that is controlled by smartphone has the ability to lift heavy items, which can weight about 23 kgs just at the press of a button. The myLifter device is developed in the United States and can be controlled easily by installing an app on your smartphone. The device, though small in stature, can lift heavy weighing objects with great ease. </p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/mttt.jpg" alt="" title="" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="109" /> </div> </div> </div> <p>The unit of myLifter is slightly bigger than the fist of an adult and has a weight of about 1 kg. This makes it easy for the person to handle it easily and install it effectively. A Provo, Utah researchers'' team developed this innovative myLifter device. This device can be highly useful to lift and store an array of heavy objects such as bicycles, cargo boxes etc., says the description about this device placed at the website of Kickstarter. </p> <p>Another added benefit of using this myLifter device is that you can use it to raise bigger things such as the hardtop of a jeep or a storage platform. This is because the device can be synchronized using the smartphone app and can keep it under control with the touch of a button. If one cannot afford to use the smartphones or tablets to control this device, they can enjoy the same control with the help of a remote control. </p> <p>This remote option is also a great choice, as it will allow one to pair it with many dozens of myLifter devices, provide them each with a name and then enjoy full control of these devices. </p> <p>Each myLifter device includes a new built in feature called “smartLIFT”. It allows the user to programme it by presetting the high and low point for each item that one needs the device to lift or lower it. As soon as the high points and low points are set, one needs to just press the smart lift option and the smart lower button present in the device and it would automatically place the item at the desired places at the desired heights. For extra heavy objects, one can also buy hooks, hardware and straps to make the most out of the device. </p> <p>Originally Published on 2013-12-18.</p> app on smartphone Gadgets Gadgets Handhelds lift heavy items myLifter device Smart Lifting Device smart phone smartphone app Technology Technology Top Story United States Sat, 22 Feb 2014 05:38:49 +0000 dhivya 1701713758 at http://www.themoneytimes.com The 10 worst ATM card PINs, is yours one? http://www.themoneytimes.com/featured/20140203/10-worst-atm-card-pins-yours-one-id-1701713433.html <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>Given that most security breaches and frauds are due to weak passwords, you would think that people realize the importance of personalized PIN and be more creative.</p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/the-20-worst-pins-is-your-atm-code-this-easy-to-crack--e7209cd82b.jpg" alt="" title="" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="101" /> </div> </div> </div> <p>Though people are encouraged to select secure, strong passwords, a new study by DataGenetics found that average users continue to opt for the same, consistent, weak, easy to guess ones for their debit and credit cards, placing themselves at risk from fraud and identity theft.</p> <p>The analysis found nearly 27 percent Americans use the least safe PIN numbers on ATM cards.</p> <p><strong>List of worst passwords</strong><br /> Nick Berry, a former rocket scientist and the president of Data Genetics, compiled a list of the worst passwords after examining 3.4 million PINs and published the results on a blog post.</p> <p>Given that you can't get access to PIN number databases is not possible, the researchers made the list from stolen passwords posted online by hackers.</p> <p>The study identified '1234' as the number one default password used by nearly 11 percent cardholders as ATM PIN making it the worst and most insecure in the collection posted.</p> <p>The second most popular was 1111 used by more than six percent people in the nation. Others in the top 10 included 0000, 1212, 7777, 1004, 2000, 4444, 2222 and 6969.</p> <p>According to experts, there are 10,000 possible four digits combinations for ATM PIN’s but 50 percent use the 426 most popular codes. Weak passwords are an open invitation for hackers and they can easily unlock cash by just repeatedly trying common passwords.</p> <p>Among the absurdly easy to guess four digit numbers that hackers can crack were those starting with 19 (the century today's adults were born in). </p> <p>Personalized PIN 1004 at number six on the list came as a surprise, but experts theorize it may be popular with Korean users — because in Korean, the number sounds like the word for "angel." The least-used four-digit PIN code was 8068, which showed up just 25 times in list.</p> <p>Originally published on 2013-08-05.</p> <div class="field field-type-text field-field-imagecaption"> <div class="field-items"> <div class="field-item odd"> <p>Weak passwords are an open invitation for hackers and they can easily unlock cash by just repeatedly trying common passwords.</p> </div> </div> </div> 10 worst ATM card PINs 1234 worst PIN database DataGenetics list from 3.4 million People Personal Finance study Technology Top Story United States Mon, 03 Feb 2014 06:02:51 +0000 Neka Sehgal 1701713433 at http://www.themoneytimes.com US college student builds affordable 3D printer http://www.themoneytimes.com/featured/20140122/us-college-student-builds-affordable-3d-printer-id-1701713769.html <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>Shai Schechter, a student from Purchase College, State University of New York, has built a simple and affordable 3D printer that costs just one third when compared to the price of a 3D printer, conventional model. The student has developed the low cost printing device by name, Deltaprintr. </p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/dd.png" alt="" title="" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="142" /> </div> </div> </div> <p>Schechter said that though their college had a 3D printer that was a laser and powder based, it required them to spend US $500 for purchasing a bucket of powder that can offer just one or two prints. Schechter also added that the 3D printer at college was seldom used as it was so expensive and many classes were not offered in the curriculum. </p> <p>He then sought the advice of his sculpture professor on developing a new <a href="http://www.themoneytimes.com/node/1701713612">3D printer</a> that can be built with plastic and also had good help from his three friends. Along with his business partners, Schechter launched a campaign to kick-start the awareness about low cost printer and its innovative design to the masses. The Deltaprintr by Schechter costs just US $475 for un-assembled ones and US $685 for assembled type, which is a larger one. This is way too low when compared to the price of brand new Makerbot 3D printer that costs US $2000. </p> <p>Reports of Mashable state that the extra large (2.5 feet) version of Deltaprintr is equipped with a dual printing ability, has a diameter of 2 inches and height of 6 inches more and is available at the rate of US $705.<br /> Schechter’s Deltaprintr makes use of three stepper motors that are placed under the platform made of acrylic where the printing is performed. These motors can control the carriages by moving the hot end and this allows it to create the 3D printing of various objects. </p> <p>As the design of this innovative printer by Schechter consists of very less parts, its customers can save a lot of money as there would be no need to spend on spare replacement. The developer of Deltaprintr also added that while MakerBot makes use of belts in order to move the print head, his 3D printer uses fishing line. This allows the user to expand it to make it a bit taller by changing the rods made of aluminum. This makes it more accurate and faster than MakerBot. </p> <p>This story was originally published on 27/12/2013.</p> 3D printer affordable Deltaprintr Gadgets Gadgets Shai Schechter Top Story United States US College Student Wed, 22 Jan 2014 05:36:44 +0000 dhivya 1701713769 at http://www.themoneytimes.com Go grab an anti-bacterial phone case to keep your iPhone germ-free http://www.themoneytimes.com/featured/20140121/go-grab-anti-bacterial-phone-case-keep-your-iphone-germ-free-id-1701713746.html <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>Are you a person who has an abnormal fear of dirt or germs? Do you feel compelled to sanitize your mobile phone with an alcohol swab excessively or carry your handheld device in a ziplock bag to save it from pathogens? Well, now its time to get freedom from your pathological fear of dirt and contamination!</p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/Tenerarca%20leather%20phonecases.jpg" alt="" title="" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="120" /> </div> </div> </div> <p>A USA-based company, Par'sk USA, has launched a new line of stylish anti-microbial leather phone cases which the company claims combat germs! </p> <p>According to the company, the new environmentally friendly Tenerarca cell phone cases have an inbuilt defense system that combats bacteria and electromagnetic radiation. </p> <p>As per company claims, the Tenerarca leather cases for iPhones and iPads are covered by a special kind of coating called Upskin, which is a “proprietary antibacterial, sanitizing, and negative-ion-generating technology.”</p> <p>According to a CNET report, the Upskin coating is an eco-friendly method of treating leather. The coating, it says, possesses negative-ion- generating technology that allegedly neutralizes radiation. "A Tenerarca case can eliminate up to 99.99% of harmful bacteria, not only on the electronic device but also on the user's hands," the website said.</p> <p>"Tenerarca's cases have been imbued, through an eco-friendly process, with negative-ion-emitting effects that soothe the body, the mind, and the soul," CNET quoted Eskei Park, the President of the Par'sk USA, as saying.</p> <p>The entire line of cell phone cases are made from lightweight leather. The cases also feature a flip cover, which helps users protecting their phone screen. There is a magnet that keeps the Tenerarca case in place.</p> <p>The cases are available for iPhone 4/iPhone 4S at $69; iPhone 5 and <a href="http://www.themoneytimes.com/taxonomy/term/93164">iPhone 5S</a>/<a href="http://www.themoneytimes.com/taxonomy/term/96279">iPhone 5C</a> at $75; <a href="http://www.themoneytimes.com/node/1701712099">Samsung Galaxy Note 2</a> at $85; and original iPad/iPad 2 models at $150. Smartphone users can choose from various colors, including red, camel, black, aqua green and blue. The iPhone 5S/5C users have another color option- gold.</p> <p>A small T-shaped grill on the case which fits over the ear-piece allows a user to listen a phone call while still covering the phone screen, hence cutting down on the spread of germs.</p> <p>This story was originally published on 11/12/2013.</p> anti-microbial leather phone cases cell phone cover Gadgets Gadgets iPad iPhone mobile phone Samsung Galaxy Note 2 smartphone cases Top Story United States Tue, 21 Jan 2014 09:40:49 +0000 natasha 1701713746 at http://www.themoneytimes.com Aliens on the Moon? Mysterious spaceship spotted on lunar surface http://www.themoneytimes.com/featured/20140121/aliens-moon-mysterious-spaceship-spotted-lunar-surface-id-1701713796.html <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>Aliens have hijacked the moon! It might sound like a made-for-science fiction film title, but a new speculation has surfaced that suggests presence of a mysterious object which looks somewhat like an alien 'spaceship' on the lunar surface.</p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/alien%20ship%20spotted%20on%20moon.jpg" alt="Mysterious spaceship witnessed on the moon" title="Is it alien&#039;s spaceship on the moon?" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="105" /> </div> </div> </div> <p>A series of controversial images captured by the Google maps on Moon has baffled the world and left the scientists completely confused.</p> <p>The images show a triangular wedge-shaped craft, which according to various Unidentified Flying Object followers reminds greatly of an alien spaceship. As per the sites, the mysterious triangular wedge-shaped object appears to have seven light dots around its edge.</p> <p>According to a website, Metro.co.uk, the two-sided spaceship on the moon’s surface was discovered by a paranormal researcher, identified as WowForReel, who posted a video of the finding online that fueld the speculation that the object could actually be an Unidentified Flying Object.</p> <p>The mysterious celestial object on the lunar surface was discovered by a paranormal researcher, known only as WowForReel, who posted a video of the finding online,'Metro.co.uk' reported.</p> <p>Describing the object in the YouTube video, WowForReel said: "It's unique and unusual in the area. After going there on Google Moon and staring at this thing for quite a long time I can say yes, it is really there, not faked and I have no clue what it is." </p> <p>“It is just a weird looking crater? or is it something else?,’ he asks. “It is really there, not faked and I have no clue what it is. I found nothing else like it in any of the other craters.”</p> <p>“Not much to be said other than… it’s there,’ he added.</p> <p>At the same time, Techandgadgetnews, a website that covers latest tech and gadget news, has reported that the gigantic shape actually looks like a large, triangular shaped spaceship, similar to super secret Stealth aircraft technology.</p> <p>Techandgadgetnews contributor Reid Moore pointed out: “To date, no other feature has ever been discovered which matches this shape on the moon, or any other planet observed by satellite or exploratory rover.”</p> <p>Moore also speculates that the unexplained spacecraft on lunar surface could be a secret moonbase occupied by humans.</p> <p>What do you think? What this object can actually be? Have your say below</p> <p>Edited by: Neelam Goswami</p> Aliens on the Moon Google Maps Mysterious spaceship on lunar surface Space spaceship on the lunar surface Technology Top Story United States YouTube video Tue, 21 Jan 2014 06:06:02 +0000 NeelamGoswami 1701713796 at http://www.themoneytimes.com BlackBerry confirms cancellation of its two BB10 devices http://www.themoneytimes.com/featured/20131225/blackberry-confirms-cancellation-its-two-bb10-devices-id-1701713767.html <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>If you are an ardent follower of BlackBerry devices, this news might seem obvious to you but it is the first time that the confirmation has been made in a formal manner. BlackBerry was required to file documents with the US Securities and Exchange Commission soon after their Q3 earnings of 2014. The Wall Street Journal reports state that BB had to cancel two of their upcoming devices in order to mitigate the inventory risk that was identified by the brand. </p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/bb10%20devices.jpg" alt="Cancellation of BB10 devices confirmed" title="Blackberry cancels BB10 devices" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="101" /> </div> </div> </div> <p>The two BB10 devices that have been dropped are better known as The Café and The Kopi series. Earlier this year, the design of Kopi was leaked that showed this entry level mobile with a physical keyboard and design similar to Q5. The devices were especially designed by Blackberry to be offered at a low cost with two different forms- QWERTY and Qualcomm Snapdragon 400 variant with the full touch feature. </p> <p>However the reports reveal that the low-cost BB10 devices were developed for the emerging markets, more information obtained through sources reveal that one variation was destined for AT &amp; T, Sprint and Verizon. </p> <p>So, its official that these two BB10 devices are out of the pipeline. It is also clear that BlackBerry and Foxconn are working together in developing a device that it plans to offer at low cost. The duo is planning to release it during March or April. The WSJ report also states that BlackBerry is working on another two high end device, the codenames of which are leaked as Ontario and Windmere. The sources also state that Windmere would be equipped with a full QWERTY keyboard while Ontario would have a full touch feature. </p> <p>If the rumors are reliable, you can expect these two high end gadgets from the house of BlackBerry running on Qualcomm Snapdragon 800. However, little is known about the current status of development for these two devices. Apart from those devices that are already making rounds in the market, there were about 10 BlackBerry 10 devices that belonged to B series which were under planning, exploration and development. However, as of now, there is no information about how many are no longer in the pipeline of BB. </p> BlackBerry Gadgets Qualcomm Snapdragon qwerty Sprint Technology The Café and The Kopi series Top Story two BB10 devices cancelled United States Verizon Wed, 25 Dec 2013 05:44:39 +0000 dhivya 1701713767 at http://www.themoneytimes.com Apple, Google and 6 other tech giants want reform in surveillance policies http://www.themoneytimes.com/featured/20131209/apple-google-and-6-other-tech-giants-want-reform-surveillance-policies-id-17017137 <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>Eight tech giants have joined hands Monday to reform the US Government’s surveillance practices. To start the public campaign, the web firms- Google, Apple, Facebook, Microsoft, Twitter, AOL, Yahoo and LinkedIn- have set-up an alliance called Reform Government Surveillance group.</p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/sur.jpg" alt="" title="" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="135" /> </div> </div> </div> <p>The firms issued an open letter to US President Barack Obama and Congress to reform surveillance activities after leaks from the National Security Agency’s former contractor Edward Snowden revealed that the agency gained access to private accounts of technology companies to conduct spying.</p> <p>“Dear Mr. President and Members of Congress, We understand that governments have a duty to protect their citizens. But this summer’s revelations highlighted the urgent need to reform government surveillance practices worldwide,” the letter reads, in part, according to the Inquirer.</p> <p>"The balance in many countries has tipped too far in favor of the state and away from the rights of the individual - rights that are enshrined in our Constitution. This undermines the freedoms we all cherish. It's time for a change."</p> <p>According to reports published in beginning in June in the New York Times, the Washington Post and other tabloids, the spy agency NSA collected credentials of millions of customers far more extensively without the companies' knowledge. The agency scooped up streams of data from fiber-optic cables that carry communications. </p> <p>The technology companies have responded by boosting encryption and pushing back on government requests for user information, such as e-mail, address books and video chats.</p> <p>Now the coalition calls for reductions in user data demands and more judicial oversight, including at the secret federal court, Foreign Intelligence Surveillance Court, also called the FISA court.</p> <p>“We urge the US to take the lead and make reforms that ensure that government surveillance efforts are clearly restricted by law, proportionate to the risks, transparent and subject to independent oversight,” the letter urges further.</p> <p>The companies say that they do all that they can do to better safeguard the personal information of Internet users as well as secure and encrypt communications, and they add that they expect the government to follow their leads.</p> <p>"For our part, we are focused on keeping users' data secure - deploying the latest encryption technology to prevent unauthorized surveillance on our networks and by pushing back on government requests to ensure that they are legal and reasonable in scope," the Inquirer cited the letter as saying.</p> AOL Apple Facebook Google government surveillance efforts Microsoft tech giants join hands tech giants push for surveillance reform Technology Technology Top Story Twitter U.S. Internet surveillance United States US Government’s surveillance practices Yahoo and LinkedIn Mon, 09 Dec 2013 11:43:41 +0000 Aaliyah 1701713744 at http://www.themoneytimes.com ‘Unfollow’: A new way to filter your Facebook newsfeed http://www.themoneytimes.com/featured/20131204/unfollow-new-way-filter-your-facebook-newsfeed.html <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>The social networking giant Facebook is adding a new feature to its service that is a relatively great way to filter your news feed and keep selected people and their posts out of your feed without them knowing about it. </p> </div> </div> </div> <p>Just because you are having your college friends in your Facebook friend list that doesn’t mean you want to see each and every post, message and update from those friends. </p> <p>The social networking giant Facebook is adding a new feature to its service that is a relatively great way to filter your news feed and keep selected people and their posts out of your feed without them knowing about it. </p> <p>Facebook users tired of hiding the posts they do not exactly like may finally find the solution to their problem in the form of an “Unfollow” button. This new 'Unfollow' button will replace the 'Hide All' option. </p> <p>The world's largest social network is reportedly rolling out a more succinct button that will let FB users block, instead of merely hide, all messages and posts they do not like to see in their news feed. </p> <p>Presently, Facebook has a ‘Hide All’ button that allows users to merely hide the updates that they find annoying or boring from their feed while still remaining friends with that person on Facebook. </p> <p>However, the new more-to-the-point 'unfollow' feature would give users the option to remove unwanted messages and posts from certain persons. Once you hit this option, it would not only block the content and all future correspondences from the selected person but also sever your ties with that person forever on the social network, without notifying him/her about it.</p> <p>A report on Reuters quoted a Facebook spokesperson as saying, “The goal of this change is to help people curate their newsfeed and see more of the content that they care about.”</p> <p>The Facebook users can find the ‘Unfollow’ tab next to the usual ‘Like’ button on a user profile page. </p> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/facebook.jpeg" alt="" title="" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="100" /> </div> </div> </div> Facebook Facebook feature Facebook option Hide All Button social media Social network service Technology Technology Top Story United States Wed, 04 Dec 2013 08:35:35 +0000 NeelamGoswami 1701713735 at http://www.themoneytimes.com Moto G makes early debut in U.S. http://www.themoneytimes.com/featured/20131127/moto-g-makes-early-debut-us-id-1701713731.html <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>Its Thanksgiving time in U.S. and the consumer spending will be touching the skies. And probably no company would want to lose on an opportunity of making bucks in this<br /> <a href="http://www.themoneytimes.com/featured/20131125/americans-not-keen-spending-unless-there-are-discounts-id-1701713726.html">holiday shopping season</a>.</p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/Moto%20G%20makes%20early%20debut%20in%20U.S..jpg" alt="" title="" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="120" /> </div> </div> </div> <p>Motorola Mobility apparently faced a similar situation too. Its Moto G smartphone, the cheaper version of the Moto X handset, went up for sale on Tuesday in the US, almost a month before its scheduled January 2014 launch.</p> <p>"We were always gearing up for a big first quarter, but we think we'll have success this quarter as well," Motorola CEO Dennis Woodside, said.</p> <p>The latest and the more-affordable version of the smartphone is now available on the company’s website Motorola.com. It is currently available without contract in Brazil, Mexico, Chile, Argentina, Peru, UK, Germany, France and Canada. However, the phone will be available in over 30 countries with 60 partners by early next year, the company officials said.</p> <p>The device runs only on GSM networks and is ship completely unlocked. It is available in two variants – while the 8GB smartphone costs for $179, the 16GB variant is priced at $199. </p> <p>Moto G currently runs on the Android 4.3 Jellybean technology. However, it can be advanced to KitKat starting early next year.</p> <p>The device fashions a 4.5-inch HD display screen and is packed with a Qualcomm Snapdragon 400 processor. Its design, similar to the Moto X, features a curved back and touts various back cover shades.</p> <p>Moto G, which is already available in a few South American and European markets, has faced its share of criticism. While the critics feel that the phone would reasonably appeal budget-minded consumers, it might not be the best buy.</p> <p>"Is the G the best phone you can buy? No, it's not," David Rigg, a critic writer wrote on the representative review in Engadget. "You won't win any National Geographic competitions with the camera, and the amount of on-board storage is a concern when there's no microSD expansion slot. The lack of LTE, too, is sure to put off customers who would've jumped at the handset otherwise. We'll have to wait and see whether any other phone makers can respond to the G and address what's missing, but for now, it stands alone." </p> <div class="field field-type-text field-field-imagecaption"> <div class="field-items"> <div class="field-item odd"> <p>Google’s Moto G, the cheaper version of the Moto X handset, made a surprise debut in the US, far ahead of its early January 2014 debut. </p> </div> </div> </div> 4.5-inch HD display screen Android 4.3 Jellybean Business cheap smartphone GSM networks holiday shopping season January 2014 debut KitKat Moto G Moto X Motorola Mobility Qualcomm Snapdragon 400 processor Smartphone Technology Thanksgiving Top Story United States Wed, 27 Nov 2013 07:05:11 +0000 Jamie Anderson 1701713731 at http://www.themoneytimes.com Comet ISON: The Special Comet Termed As Solar System's “Time Capsule” By NASA http://www.themoneytimes.com/featured/20131127/comet-ison-special-comet-termed-solar-systems-time-capsule-nasa-id-1701713730.ht <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>Scientists across the world are monitoring the comet that has been on a journey of millions of years right from the solar system’s edge and is close to reach to the Sun. This comet is a relic that is said to have formed when the solar system evolved and astronomers expect a stunning light show when it reaches the surface of the sun. The scientists are positive that the studies on ISON, the comet would offer them several clues about the formation of the solar system and the birth of its planets in the ancient times.</p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/ison.jpg" alt="" title="" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="167" /> </div> </div> </div> <p>The Marshall space flight center of NASA had taken a 5 minute video footage of this comet ISON shimmering and heading toward the sun to have a close encounter which is on Nov 28th. </p> <p>Carey Lisse, Senior Research Scientist, Johns Hopkins Applied Physics Laboratory conveyed during the news conference of NASA that the main reason behind their study about this comet ISON was that it was a relic. She called it as the dinosaur bone from the formation of the solar system and comets were essential to build the planets. The comet was in a deep freeze state while it was half way towards the next star for more than four and a half billion years. Carey also added that the comet was travelling for a few million years and it might be even around the time human kind evolved. </p> <p>This comet is much smaller than the normal ones as it is less than three quarters across a mile and is expected to come across the surface of the sun within a million miles. As ISON is made with ice and dust that are loosely packed, it looks like it would not even have 70%chance of surviving on the surface of the sun as it is blazing hot. The comet is expected to hit the surface of the sun this Thursday and might offer some stunning images to be captured by telescopes and spacecrafts of NASA.</p> <p>According to Jim Green, Director, Planetary Science Division, NASA, ISON is likely on its first trip on the orbit that is close to the sun. He also noted that it has become one of the most observed comet in space history. </p> Comet ISON NASA solar system Space sun Technology Time capsule Top Story United States Wed, 27 Nov 2013 06:28:48 +0000 dhivya 1701713730 at http://www.themoneytimes.com Microsoft acknowledges Xbox One's faulty disc drive issue http://www.themoneytimes.com/featured/20131126/microsoft-acknowledges-xbox-ones-faulty-disc-drive-issue-id-1701713728.html <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>It’s just been a few days since the Xbox One's launch and already gamers are experiencing issues with the console.</p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/xboxone_220847183585_640x360.jpg" alt="" title="" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="101" /> </div> </div> </div> <p>Some users are reportedly facing problems with their console's disc drive. </p> <p>The glitch occurs when they insert a disc into the drive. In some instances, users are greeted by a disturbing sound of clicking and grinding while in others the Xbox One's drive refuses to read the discs at all.</p> <p>Perturbed users contacted Reddit, Kotaku, a gaming news website and Microsoft's Support Forum to complain that their new consoles were faulty. Still others have uploaded videos to exhibit the problem. </p> <p>One complaint reads, "[I] received my console on launch and after going through the setup everything seemed great. Played a few rounds of Killer Instinct but then really wanted to get down to it and popped in Dead Rising 3 but was greeted with what you hear in the video."</p> <p><strong>Microsoft admits to problem</strong></p> <p>Microsoft has acknowledged the problem and now issued a statement saying they are working with customers to resolve it as quickly as possible.</p> <p>"The issue is affecting a very small number of Xbox One customers", said Microsoft in a statement. “We’re working directly with those affected to get a replacement console to them as soon as possible through our advance exchange programme. Rest assured, we are taking care of our customers.” </p> <p>Microsoft has had its fair share of problems with the launch of its Xbox console. When the Xbox 360 was launched in 2005, a frequent compliant faced was 'the red ring of death', in which three of the console's front lights would light up and it would rendered the devise useless.</p> <p>Spencer Izard, an analyst with IDC said, "Microsoft suffered very significant quality control problems with the early Xbox 360 consoles and has put significant effort into its hardware design and manufacturing process to minimise faults. For launches over multiple countries the volume of manufacturing required by both Microsoft and Sony will always unfortunately yield a minor amount of hardware failures, in one form or another, and we are seeing this with this launch cycle.”</p> <p>The Xbox One launched on Friday in the UK and 12 other countries is the first new console from Microsoft in eight years. It reportedly sold more than one million units in the first 24 hours shattering all previous Xbox first-day sales records. As per the company the console was sold out at most retailers and they were now working to replenish stock.</p> <div class="field field-type-text field-field-imagecaption"> <div class="field-items"> <div class="field-item odd"> <p>Microsoft acknowledges faulty disc drive issues in the newly launched Xbox One. </p> </div> </div> </div> faulty disc drive issue Gadgets Gaming launched Friday Microsoft sold 1 million units in the first 24 hours Top Story United States Xbox One's Tue, 26 Nov 2013 06:28:55 +0000 Neka Sehgal 1701713728 at http://www.themoneytimes.com Americans Not Keen On Spending Unless There Are Discounts http://www.themoneytimes.com/featured/20131125/americans-not-keen-spending-unless-there-are-discounts-id-1701713726.html <div class="field field-type-text field-field-teaser"> <div class="field-items"> <div class="field-item odd"> <p>In spite of being the holiday season, shoppers in US are eager to spend their cash only if they get good discounts. Even though there are positive signs that show the economy is improving, massive chain stores do not expect their customers in America to enter their malls as a part of their holiday shopping until they see a gleaming sign in red reading out discounts. So, the American shoppers tend to shop in advance when there is a discount sale and avoid going for shopping during holiday season.</p> </div> </div> </div> <div class="field field-type-filefield field-field-image"> <div class="field-items"> <div class="field-item odd"> <img src="http://www.themoneytimes.com/files/imagecache/picturethumb/d_0.jpg" alt="" title="" class="imagecache imagecache-picturethumb imagecache-default imagecache-picturethumb_default" width="180" height="179" /> </div> </div> </div> <p>Retailers are keen enough to lure shoppers who love to bargain a bit while on a shopping expedition when compared to the previous year. Marissa Anwar, Operations Consultant, resides in Toronto, New York, who loves to be involved in bargain hunting said that the economy is not great as she has lost few good clients but she has reduced her shopping budget to $2800 this year, which is too low when compared to $4,000. She also confessed that she was a shopaholic previously but now she wants top make sure that she has enough money before she spends it. </p> <p>This issue is well recognized by all retailers across the US as they recession hit US by 2007 and since then they have offered their products at slashed prices just to make their customers buy something. However, all retailers agree that these discounts munch off their profits. </p> <p>Walmart, Kohl and target are some of the retailers who own more than two dozens of major chains, who have decreased their outlook for profits for both the quarters this year. The major reason behind it is that their shoppers enjoy huge discounts and hence show interest in doing some shopping. This has also triggered a discount mania by retailers this festive season.</p> <p>On Friday, Wal-Mart began to slash its process in order to compete with its competitors like Best Buy to sell accessories, toys etc for Black Friday, that comes after Thanks Giving. However, hopes are still on that retail sales are high by 0.4% during October after it fell flat the month before. </p> Americans discounts Markets People retailers shoppers Top Story United States US Mon, 25 Nov 2013 09:10:17 +0000 dhivya 1701713726 at http://www.themoneytimes.com
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