Some people are actually paying for Netflix
The total transactions processed by mobile payment upstart Venmo in the third quarter of 2014. The service is gaining popularity among young adults, but some users have reported security holes that have lead to fraudulent charges. It’s not difficult for hackers to change account settings after getting in, Slate reported, and Venmo’s small team has been slow to respond in some cases.
A new study shows that only 3 in 10 credit-card-carrying Americans have cards with EMV chips, otherwise known as Chip and PIN cards. Major credit card companies—including Mastercard, Visa, Discover and American Express—along with the major banks that issue their cards, have set a deadline of October 2015 for widespread adoption of the new, more financially secure credit cards in the U.S.
That’s about how many years ago Columbia law professor Tim Wu coined the term “net neutrality.” Marketplace Tech spoke with Wu on the FCC’s vote to reclassify broadband as a utility under Title II.
That’s how much a woman’s future earnings increase when her partner takes a month of paternity leave, Fast Company reported. Equal parental leave encourages more balance in work and family responsibilities, and it may be key to closing the gender pay gap, but few companies offer it and fewer men elect not to take it.
Netflix’s average monthly revenue per user on this, the debut of “House of Cards” season three. The company is making a lot more per user than it did during season 2, Bloomberg reported, thanks to a price hike and reconfiguring of some plans.
This week Brikk, a company that sells customized tech-gadgets, announced it will offer luxury Apple Watches. The most expensive will be gold plated and set with diamonds, totaling 12.3 carats. It’ll run you $74,995. But you already knew that, didn’t you? So why not head over to Silicon Tally, our weekly quiz on the week in tech news, and prove your prowess.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?