Wednesday, January 31, 2018

PayPal shares plunge after eBay splits with payment provider in favor of Adyen

PayPal shares plummeted 10 percent in extended trading on Wednesday, after longtime partner eBay said it's going with a new payments provider.
EBay will start processing payments using PayPal rival Adyen. When customers check out, they will have the option to stay on eBay and use Adyen's services or leave the website and use PayPal. Adyen will also provide reduced costs for sellers and a simpler pricing structure.
EBay and PayPal have also negotiated new terms through July 2023. This new deal does not extend the previous operating agreement, which would have expired in 2020.
Though they were part of the same company for 13 years, eBay and PayPal were split into independent standalone businesses in 2015.
EBay, which reported earnings on Wednesday, brought in $2.61 billion in revenue during its latest quarter. It also posted earnings of 59 cents per share. Both estimates were in line with analyst expectations, and the stock rose more than 6 percent during after hours trading.
PayPal also reported earnings on Wednesday, posting $3.74 billion in revenue and earnings of 55 cents per share during its latest quarter.
After doubling in the past year and closing at a record $85.32 on Wednesday, PayPal shares sank 10 percent after hours to $76.58.

Mark Zuckerberg: Facebook changes reduced time spent on site by 50 million hours a day in Q4

  • Facebook CEO Mark Zuckerberg said Wednesday changes the company made to its service last quarter reduced time spent on the site by 50 million hours per day.
  • Zuckerberg made the remarks as the company reported fourth-quarter sales that topped expectations.
  • Facebook fourth-quarter earnings came in less than expected due to a huge increase in its tax bill caused by recent changes to U.S. tax law.
Facebook CEO Mark Zuckerberg said Wednesday that the changes the company made to its service last year reduced time spent on the site by 50 million hours per day, or 5 percent.
"Already last quarter, we made changes to show fewer viral videos to make sure people's time is well spent. In total, we made changes that reduced time spent on Facebook by roughly 50 million hours every day. By focusing on meaningful connections, our community and business will be stronger over the long term," Zuckerberg wrote.
On a conference call with analysts, Zuckerberg said that figure represented 5 percent of the total.
The company has also begun to make changes to its content-recommendation software amid criticism that Facebook has been used to spread misinformation, hate speech and other violent content.
Last April, a Facebook user recorded and uploaded a video of himself killing an elderly man.
On the company's previous earnings call in November, Zuckerberg had said: "I want to be clear about what our priority is. Protecting our community is more important than maximizing our profits."
The decrease in time spent could likely cause the company to insert more ads into the NewsFeed to keep ad prices consistent, said Omnicom's Hearts & Science executive director of digital activation Ben Hovaness.
Facebook's advertising sold through an auction forces, which means price is related to demand. As user time decreases, ad inventory in the NewsFeed will also decrease. Immediately, it will cause ad prices to go up so Facebook will have to balance the issue out by adding more ads.
"Facebook will have to increase ad load to keep costs stable," Hovaness said.
Zuckerberg made the comments as part of the company's fourth-quarter earnings announcement.
Facebook reported sales that topped analysts' expectations. Its profit was less than expected due to a huge increase in its tax bill caused by recent tax-law changes.
CNBC reporter Michelle Castillo contributed to this report.
Source: CNBC 

Friday, January 5, 2018

The next Steam Sale: Autumn and Winter Sale 2017

The Steam Summer Sale and Steam Halloween Sale are over but we still have two Steam Sales to look forward in the next few days. When is the next steam sale? First, the Steam Autumn Sale 2017 or Black Friday Sale 2017. Second is the Steam Winter Sale also known as Steam Christmas Sale 2017.

Enjoy the last two Steam Sales before year end and save more! So please continue reading for further details.



Steam Summer Sale 2017 and Steam Halloween Sale were ended….

When you can enjoy the next Steam Sale of the year?
Steam Autumn Sale 2017 or Black Friday Sale 2017
November 22 – November 28, 2017
Steam Winter Sale 2017 or Steam Christmas Sale 2017
December 21, 2017 – January 4,  2018
The dates were revealed in the report of Kotaku UK

The sales are expected to start and end 6:00PM UK time.

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Source: Wallet Codes

Wednesday, December 20, 2017

5 Ways to avoid getting scam on Steam

As long as there is real money involvement, scammers will try to steal it. Beware and be alert. In this article, we will try to guide you through different modus operandi of Steam scams and how to avoid them. These guidelines are not an all-embracing but perfect way to open your eyes about scamming. People will always try to find a new method of fooling gamer especially the newbie. Be watchful all the time.

The most security measures:
Do not share your login details with anybody, memorize it and store it in your brain.
Do not share your items to your co-gamer.
Do not borrow items.
Do not trade with someone where you need to give your items first before the return.
Do not click unknown links from untrusted sites.
Do not download or install any software if you are not familiar with the sources.
Here are the most various scam ideas:

Steam wallet scam
The easy to execute and most comment scams. If someone sends you a trade offer, then you will start asking yourself. Why he/she will offer a super low quality of items for your valuable items? What are the reasons why he/she will keep invest time and effort for YES? Along with the offer, they will promise that you will receive funds or money in your steam wallet after the completion of the trade. Of course, it is impossible to earn money over steam! Funny but it is real talk.

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Paypal Scam
Scammers will always use Paypal to send money to you after the trade is complete. Sometimes, he/she will give you the money before you give the item. But wait, don’t you know what he/she can charge his money back? Right after he/she receive the items, he/she will contact Paypal and ask for a chargeback! This means, your money will be back to his account. Be vigilant, because if you already transfer the money to your bank account and you don’t have enough funds to your PayPal will get an exact amount to your bank account! How brutal is that?

Phishing Scam
This is the type of fraud that they will try to steal your login details. They can be very advanced, talented and hard to spot.

Here are some tips for you to keep safe:

Do not click links from suspicious people.
Your password must be unique and do not share to anybody.
Type your password only to Steam login field.
Do not share or write your steam credentials on 3rd party websites.
You should always check the steam community website spelling.
Always check the official domain name.
Do not trust to the word FREE, most of the time it is harmful.

Impersonation Scam
Since scammers are resourceful, sometimes they will pretend that he/she is connected with Valve. He/she will try to deceive and convince you that they are giving away a free item but, you will need to provide first your login details, PayPal, and bank account. If you’ve got any message like this, then do not believe! Valve staff or moderators won’t ask anything!

 Software or browser plugin scam
Avoid and never install software or browser plugins/add-ons if you can. Scammers will post download links anywhere with words like Free Steam Wallet Hacks, funds, games, CS-Keys and much more. These are keyloggers and spyware on your system. This is the easy way for them to access your steam credential, emails, bank account, PayPal etc.

Be Alert and don’t let scammers fool you. Happy Gaming!

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