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October 24, 2012

Barnes & Noble targeted by orchestrated card-skimming scam

  • 63 the number of Barnes & Noblestores targeted this year in a “sophisticated criminal effort.” Stores located in California, Connecticut, Florida, Illinois, Massachusetts, New Jersey, New York, Pennsylvania and Rhode Island were subject to a credit and debit card scam. Somehow, the PIN pads that those cards are swiped through for payment were tampered with to record sensitive information about the accounts. The company’s officials don’t know when the devices, only one PIN pad per affected store, were planted or how long they were in use before they were detected. From now on, have the cashier swipe your card through the readers attached to the cash register as it’s much more secure. source
13:40 // 1 year ago
May 25, 2012

Would you use PayPal at any of these businesses? The company is expanding its reach into the real world, allowing users to pay using their Paypal accounts, in an effort to compete with Square and similar companies. They’ve signed up 15 major retailers, including the nine above. On top of this, PayPal is working with Verisign to broaden the reach of the card at retail. Considering the company’s reputation for locking accounts arbitrarily, though, does anyone want to risk buying a shirt with a logo from some clothing company that fires people for being too ugly?

20:56 // 1 year ago
April 30, 2012

After Microsoft deal, Nook more valuable than Barnes & Noble. Really.

  • $300M the amount Microsoft invested in Barnes & Noble’s Nook business
  • 17% the share of ownership the company has in the Android-driven platform
  • $1.7B the valuation of the Nook business based on the investment source

» Barnes & Noble’s market value Friday: $792 million. That’s right, one product line at Barnes & Noble is now worth twice as much as the entire company was worth three days ago. As a result of the deal, the company’s shares shot up 85 percent in early trading this morning. Before now, the company had been struggling a bit recently, suggesting wider losses as of January as the company ramped up marketing for the Nook. Microsoft’s deal could make those losses a little less painful. The deal also includes a Nook app for Windows 8.

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11:04 // 1 year ago
August 22, 2011
Via @ProducerMatthew: A friend of his, Tim Kerbavaz, successfully ordered a HP Touchpad on Barnes & Noble, only to later receive this message. Alas, it was not meant to be, he explains: "I was hoping, but inside I knew that it was too good to be true…." Also, CDW also reportedly canceled a separate order of his via phone. Oh, HP, you’ve really screwed up this mess.

Via @ProducerMatthew: A friend of his, Tim Kerbavaz, successfully ordered a HP Touchpad on Barnes & Noble, only to later receive this message. Alas, it was not meant to be, he explains: "I was hoping, but inside I knew that it was too good to be true…." Also, CDW also reportedly canceled a separate order of his via phone. Oh, HP, you’ve really screwed up this mess.

19:20 // 2 years ago
March 21, 2011

Lamer lawsuit: Microsoft vs Barnes & Noble or Amazon vs. Apple?

Both seem like they’re pretty stupid, but that’s just us. In one corner, Microsoft is suing Barnes & Noble over their usage of the various technologies that they claim Google stole from them while making Android. Mind you, Microsoft currently doesn’t have some of these technologies in their very own Windows Phone 7. And in the other, Apple is suing Amazon for their usage of the term “App Store,” which we really don’t need to say much else about. What do you think? Which one is stupider?

20:47 // 3 years ago