Browsing "Technology"

Google Announce Substantial Increase in Income

Oct 14, 2011   //   by Daniel Morris   //   Technology  //  Comments Off on Google Announce Substantial Increase in Income

Globally recognized search engine giant Google has announced that their net income for the third quarter surged 26 per cent to $2.73bn, up from $2.17bn in the same period the previous year.

Recently, Google launched their own social network Google+ as a rival for the king, Facebook, and “people are flocking into Google+ at an incredible rate” according to head of Google, Larry Page.

Mr Page, one of the co-founders of Google, replaced Eric Schmidt as the CEO back in April of this year.

These recent profit figures are well ahead of market expectations, and shares in the company have risen by 6 per cent in trading after the market closed.

“The real interesting thing here is the expenses weren’t as high as the Street was anticipating,” commented analyst for UBS, Brian Pitz. “This is the fourth quarter in a row the company has accelerated their revenue on top line.” Read More »

Complimentary Security Software For MBNA Online Customers

Jan 4, 2011   //   by sam   //   Credit Cards, Technology  //  Comments Off on Complimentary Security Software For MBNA Online Customers

MBNA are making free McAfee security software available to anyone that holds an online credit card account with MBNA to help keep customers safe from Internet fraudsters.

The Bank of America owned subsidiary is offering a complimentary year-long subscription of the comprehensive McAfee Online Banking Security Suite, worth around £60, to all its online registered customers. Read More »

When online banking goes wrong

Nov 19, 2010   //   by sam   //   Banking and Savings Accounts, Technology  //  Comments Off on When online banking goes wrong

The Red Mist DescendsOnline banking is now used by millions of us to transfer money between savings accounts, ISAs or to friends and relatives.

Most banks now operate using the faster payments system enabling money to be sent instantly by the click of a mouse.

This means the money credits the beneficiary’s account instantly and is available to withdraw soon afterwards.

But for this process to complete as planned you must have first ensured that all of the details were entered correctly.

A listener of the BBC Radio 4 Money Box programme, who banks with Halifax, spoke of how he set up a payment to his wife’s savings account. Although the account name and sort code were correct he made a slight mistake when entering the account number, with one incorrect digit.

However, the number he entered was in fact a valid account number for someone else’s account, so the £1500 was sent to that bank account.

Read More »