I use PayPal a lot, and I often would let money I did not need right away sit in the account to collect that Money Market dividen. However effective 7/29 Paypal will be eliminating Money Market. BOOOOO! Below is an email PayPal sent to its customers.
Hello First Last,
Thanks for using PayPal and the PayPal Money Market Fund. Unfortunately, we’ve decided to close the Money Market Fund, effective 7/29/11.
What does this mean for you? PayPal will transfer any undisbursed dividends you’ve earned into your PayPal account within 7 business days after we close the fund. Don’t worry; you don’t have to do a thing.
Your 2011 tax documents will continue to be available on the Fund Summary page in your PayPal account throughout 2012. You’ll receive a tax statement from PayPal only if you’ve earned $10 or more in dividends in 2011.
Thanks for your understanding,
I bet eBay still has all of our PayPal money in some kind of Money Market account, they just don’t want to SHARE the wealth.
Last week I spent a few days in Dearborn Michigan visiting the Ford Motor Company, and I have to say it was probably the best few days I have had in a long time.
The first day of the event I was treated to a dinner which followed a speech by Malcom Gladwell, who in 2005 was named one of Time’s 100 most influential people, and author of “The Tipping Point”. He spoke about how the work force of today and CEO’s of today demand more for their time than the work force of old. It was a pretty interesting speech and somewhat pro-union. I personally didn’t expect to hear a pro-union speech at an automaker event.
Today ICANN voted to change the way we visit websites, they have pretty much allowed for any word to be a generic top-level domain (gTLD) starting in 2012. What is a g? You may know them as .com, .net, .org and .edu. There are currently 22 top level g’s.
So what does this really mean? Well when you visit us for example. If we chose to we could have a g of .geeks. So you could type “http://hardware.geeks” and navigate to us as if you visited http://hardwaregeeks.com.
While that sounds cool I don’t really think its practical, it’s going to cause a lot of confusion even if people are made aware of the change. I personally think the current g’s will rule for a long long time and “.com” won’t be going anywhere. However I do believe companies will snag up a personalized g and we here at HardwareGeeks.com may even snag one up as well, but I don’t expect companies to tell you to visit “http://hp.hp” (Hewlett Packard) or “http://amd.amd” (Advanced Micro Devices).
I think the perfect use for these personalized top-level domains would be for reassuring a customer that they are on your site. For example banks could use the personalized TLD to let users know that they are logged in and browsing securely. For example: “Bank.com” when you are not logged in, and “Bank.Bank” when you are logged in and viewing your accounts. Or it can also be used to confirm a link belongs to a particular government agency or corporate entity, might help limit fraud and phishing attacks.
I believe .com, .net, .org, .edu and the other g’s will rule for many many more years to come, and while I see a use for open domains, I just don’t see people visiting company.trademark or company.company. Now if we didn’t need to enter a g and could visit a corporate website by simply typing in “companyname” into our browser then I’d consider this huge news, but in my opinion this is more of a money grab by ICANN than a actual benefit to end users.
Today Western Digital announced the WD Nomad a rugged yet stylish looking case for your portable My Passport drives. The Nomad is a polycarbonate case with anti-shock cushioning that will protect the drive from damage, if you drop while climbing a mountain or drop it into a river while hiking.
You never need to remove the drive from the case once your drive is in it. The Nomad becomes its new enclosure and permanent enclosure until you decide to replace thed rive inside or simply remove it if you no longer want it inside the Nomad. By the way it also meets Military Spec. (MIL-STD-810G)
Dad, Pops, Big Guy…we all call him by different names and say them with different inflections as our relationships with our fathers evolve. He was once our infallible hero, then our mentor, our buddy and often our guiding light, sometimes our shoulder to cry on and often our security blanket. He defined what manhood was until we knew enough to define it for ourselves.
Father’s Day gives us a chance to say “hey, thanks for being my dad” and recognize our father’s for the men that they are, with their quirks, their ways, their interests and obsessions and all the things that makes each of our father’s distinctly “Dad” to us… So let’s for once dispense with the ties and handkerchiefs and get our pops something he really wants.
So we at HardwareGeeks.com and CuteGeek.com worked together to put a Father’s Day Gift Guide together with a few products we think your pops will love. Some of the recommendations match each of our gift guide others do not, so if your pops is a tech lover or geek, like we are, our guides for you.
Today Wendy Wick from CuteGeek.com and I were able to get a hands on Demo of the upcoming Motorola Photon 4G for Sprint. A fantastic enterprise device that will even allow users to essentially use the phone as a computer.
Last month Seagate introduced the worlds’ first battery powered external hard drive, with wireless capabilities that in my opinion could revolutionize the way we transport and share our data. The Seagate GoFlex Satellite offers 500GB of storage over Wi-Fi, and allows you to easily access the data via a web browser or if you have an iOS or Android powered device an App.
I put the GoFlex Satellite to the test on a mini road trip I had. I loaded it up with all my music, movies and pictures about 420 GB. I also threw on some work related documents just in case I was bored enough to work.
Just a quick unboxing video of the new Pantech Crossover for at&t. Release date will be June 7th for $59.99 with a 2 year contract. The crossover is the first Android smartphone from Pantech in the US.
In honor of National Safe Driving month, Motorola is giving those of us who take a safe driving pledge on their Facebook page a 50% off coupon to any of their Bluetooth hands free devices.
Fore more information visit their Facebook Fanpage: http://www.facebook.com/motorola