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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 07, 2016
Page
11
Oberthur Technologies unveils Motion Code a digital display on cards powered by a micro-thin battery that changes the CVV code up to 72 times a day to reduce fraud. The technology requires no new merchant hardware and could come to the United States by 2017.
Pepperdine university professor John G Mooney notes EMV chip tech is not yet widespread in the United States. Merchants slow to adopt chip readers costing about 500 dollars each, with only about 2 million of 8 million U S retail sites using them as of October. Some holders still rely on swipe systems and online purchases gain little consumer benefit.
GoDaddy Inc. will buy Host Europe Group for 1.82 billion dollars including debt. The deal expands GoDaddy’s hosting footprint in Europe and accelerates its shift beyond pure domain services, adding brands like 123Reg Domain Factory Heart Internet and Host Europe. Cinven sold HEG in 2013 for 560 million and GoDaddy beat United Internet and Deutsche Telekom bids.
Instagram will add a like button for individual comments using a small red heart. The feature aims to foster positivity and includes options to turn off comments and mute followers on private accounts. An anonymous report tool for safety concerns remains available, linking to help organizations.
The Supreme Court directs a lower court to reexamine a 399 million Apple verdict against Samsung for design patent copying in 11 smartphones. Justice Sotomayor questions whether Apple may recover profits tied only to specific components and notes article of manufacture can cover both product and component. The decision avoids ruling on the issue itself.
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