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Varo Money raises $45 million for mobile banking without fees
bumn-news.com

 There are a number of startups looking to disrupt traditional banking. We’ve covered Chime, Zero and Jiko, just to name a few. Another one of those is Varo Money and they’ve raised $45 million led by private equity giant, Warburg Pincus and The Rise Fund, a global impact fund that’s part of another private equity […]

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Steam ends support for Bitcoin due to high fees, volatility     – CNET
bumn-news.com

Valve’s decision comes as the cryptocurrency notches more milestone values, passing $13,000 and then $14,000 for the first time.

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Newegg fought its way through two appeals to win fees from this patent-holder
bumn-news.com

Newegg Chief Legal Officer Lee Cheng. (credit: Newegg) In 2010, AdjustaCam LLC filed suit (PDF) in Eastern Texas against dozens of companies, saying that they infringed US Patent No. 5,855,343, which describes a type of movable camera clip. AdjustaCam is a subsidiary of Acacia Research Corporation, the biggest public patent-holding company. The AdjustaCam lawsuit included camera makers like Gear Head […]

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FCC’s “nutrition labels” for broadband show speed, caps, and hidden fees
bumn-news.com

The Federal Communications Commission today unveiled new broadband labels modeled after the nutrition labels commonly seen on food products. Home Internet service providers and mobile carriers are being urged to use the labels to give consumers details such as prices (including hidden fees tacked onto the base price), data caps, overage charges, speed, latency, packet […]

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Comcast Failed To Install Internet, Then Demanded $60,000 In Fees
bumn-news.com

Earthquake Retrofit writes: A Silicon Valley startup called SmartCar in Mountain View, California signed up for Comcast Internet service. After hearing Comcast excuses for months, company owner Katta finally got fed up and decided that he would find a new office building once his 12-month lease expires on April 20 of this year. Katta told […]

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USA doubles visa fees for migrant IT workers
bumn-news.com

Indian PM Modi expresses industry ire in chat with president Obama The United States is set to pass a bill named the “9/11 Health and Compensation Act” and Indian IT companies are mad as hell about it.…

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Done Deal: Ellen Pao doesn't have to pay Kleiner Perkins' legal fees
bumn-news.com

Pao won’t have to pay nearly $276,000 in legal fees as the venture capital firm holds firm on not seeking repayment if she opted not to appeal.

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Online payment of BGCSE examination fees using Orange …
bumn-news.com

It looks like Orange Money from Orange Botswana has come as a very handy and convenient service to a number of service providers in the country. Just recently, Orange Botswana teamed up with the Botswana Insurance …

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CurrentC Is The Big Retailers’ Clunky Attempt To Kill Apple Pay And Credit Card Fees
bumn-news.com

 Long before Apple Pay, big brick-and-mortar retail chains were conspiring to sidestep the typical 2% to 3% fees they’re charged by credit card companies when consumers pay with credit. A company called MCX (Merchant Customer Exchange), spearheaded by Walmart, was started to build a mobile payment solution that would become an app called CurrentC that’s […]

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