Kickstarter: Project Backers Must Get Rewards (But Leave Us Out Of It)

Kickstarter: Project Backers Must Get Rewards (But Leave Us Out Of It)

When you pledge your money to a Kickstarter project, you do so knowing that you won’t actually be charged unless the project reaches its funding goal. While that protects against an unfundable project from running off with your money, what about those projects that reached their goal but still don’t deliver the promised rewards? [More]

(Scott Miller)

$400M Loan From Its Own CEO Is Only 1/10 Of What Sears Needs To Stay Alive

I don’t know about you, but if someone loaned me $400 million, it would just about cover all my debts. But I’m not a sagging national retail operation that hasn’t been relevant in decades. If I were, then I’d probably need a much, much, much bigger loan to get out of hock. [More]

Like Monopoly money, but it buys real stuff.

Judge Hits Bitcoin Ponzi Scheme With $40.7 Million Penalty

If someone convinces you to invest with him by promising returns of 7% weekly, and that he’s never lost money and there’s no risk, you should be incredibly concerned about giving him your money, regardless of whether it’s a dollar or a Bitcoin. But the operator of a Bitcoin-based Ponzi scheme in Texas was able to rake in millions based on completely empty promises — and now has to pay it all back. [More]

(m01229)

Crest Confirms It’s Distancing Itself From Scandalized NFL

Earlier today, we told you that Procter & Gamble’s Crest toothpaste brand had reportedly backed out of its deal to sponsor the upcoming Breast Cancer Awareness Month initiative with the NFL because of the recent domestic violence scandals that have rocked the league. Now, the folks at Crest have confirmed they will not be part of this year’s campaign with the NFL. [More]

Yelp Swears It Doesn’t Manipulate Reviews, Even Though It’s Allowed To

Yelp Swears It Doesn’t Manipulate Reviews, Even Though It’s Allowed To

Earlier this month, a federal appeals court held that Yelp is free to shuffle positive and negative reviews around at will, and can even use that freedom as a way to urge businesses to advertise on the site. But even in light of this ruling, Yelp maintains that buying ads on the site does not determine which reviews show up for your business. [More]

It looks like she fell asleep at the world's tiniest dental practice.

American Airlines Betting Travelers Will Pay $8K To Sleep Awkwardly In A Cubicle

The most expensive airline ticket for domestic travel right now will cost you around $8,000 to fly first class on American Airlines from New York City to Los Angeles. And for all that extra cash, you apparently get some better food and the opportunity to nap in the equivalent of a tiny office cubicle. [More]

Some iOS 8 Privacy Settings You Might Want To Tweak

Some iOS 8 Privacy Settings You Might Want To Tweak

If you got a new iPhone today, or you’re one of the many millions of people with older iPhones and iPads that have now been updated to iOS 8, here are some new privacy settings that you should probably check out sooner rather than later. [More]

Court Shuts Down $11 Million High School Diploma Mill

(bluwmongoose)

Not everyone graduates from high school, but for nearly a decade, a company in Florida has been offering what it claims are “official” diplomas from “accredited” schools to consumers who took an online test (and paid betweeen $200 to $300). Except federal authorities say these diplomas are as bogus as they sound, and this company has allegedly scammed consumers for at least $11.1 million. [More]

(Xavier J. Peg)

Procter & Gamble Reportedly Cancels NFL Breast Cancer Awareness Promotion

The nation’s largest TV advertiser, and the company that makes many of the products in your bathroom, has reportedly decided against sponsoring the NFL’s annual breast cancer awareness initiative in the wake of numerous allegations of domestic abuse against players. [More]

Home Depot Says 56 Million Credit/Debit Cards Compromised In Breach

Home Depot Says 56 Million Credit/Debit Cards Compromised In Breach

Weeks after it was first reported that Home Depot’s in-store payment systems had been breached for many months, the world’s largest home improvement retailer has finally given some idea about the number of accounts that may have been compromised. [More]

iPad users may not notice that the bluetooth has been turned back on after updating to iOS 8.

Updating To iOS 8? Remember To Turn Off Your Bluetooth Afterward

In advance of the new iPhones coming out this week, Apple has begun rolling out iOS 8, the latest iteration of its operating system for iPhones and iPads. With some who’ve updated their devices already complaining about inefficient battery use, we wanted to remind you of a power-draining annoyance that occurs with every recent update of iOS. [More]

(Andrew McDaniel)

Walmart Mexico Investigated Over Promotional Cockfight

Walmart’s Mexican operations are being investigating by authorities in the city of Boca del Rio, where customers complained a Walmart store hosted a cockfight to promote a soft drink company. The retailer says it’s the customer gripes are overblown and that, while there were indeed roosters pecking at each other, no actual cockfighting took place. [More]

These are not actual cheeseburgers, but they still look tasty. That's how powerful the image of the cheeseburger is. I'm also just really hungry. (Eric Spiegel)

We know that most of you are probably all caught up in the annual sybaritic bacchanal that is National Dipped Fruit Week (you really don’t want to see the current state of the chocolate fountain in the Consumerist Cave), but let us not allow our cheese-and-chocolate-covered euphoria blind us to an equally important food holiday going on right now: National Cheeseburger Day. [More]

White House Acknowledges Over-Use Of Antibiotics In Farm Animals, Shrugs

(Patrick Dockens)

Last year, the FDA released voluntary guidance for the pharmaceutical industry, which sells 80% of all antibiotics in the U.S. to farmers, primarily because they promote growth in animals. That guidance asked drug companies to please stop selling antibiotics for that purpose, but allows them to keep selling just as many drugs for “disease prevention,” even though it’s been proven that continuous, low-dose use of antibiotics renders their medical use less effective and contributes to the development of drug-resistant pathogens. Today, the President’s Council of Advisors on Science and Technology issued a report that some had hoped would recommend the FDA take a harder line on this issue. Those people are probably a bit disappointed. [More]

This Taco Bell Now Closed Afternoons After Becoming High School Fight Club

This Taco Bell Now Closed Afternoons After Becoming High School Fight Club

If I ran a Taco Bell or any other fast food restaurant, I’d do anything to keep my doors open during the afternoon hours to make money from customers grabbing late lunches, early dinners, and mid-afternoon snacks. But one Bell eatery in California says it can’t be open in the afternoons thanks to local high school kids who have turned the franchise into a fight club. [More]

(lemonjenny)

The 5 States (Plus D.C.) With The Highest Levels Of Credit Card Debt

If you were asked to guess which states had the highest average credit card debt, you might assume it would be dominated by places with high real estate costs, where consumers need to spread out their other purchases in order to make the rent or mortgage every month. Or you might go the other way and guess that states with low costs of living but high unemployment rates would top that list. But a new analysis of credit card data paints a different picture than either of these assumptions. [More]

Power Company Screw-Up Results In $2,113 Electric Bill For Customer

Power Company Screw-Up Results In $2,113 Electric Bill For Customer

After years of paying only around $20/month for her electricity, a woman in Seattle was recently hit with an electric bill worth 100 times that amount because the city’s power utility didn’t realize it had screwed up her meter four years earlier. [More]

(frankieleon)

FCC Chair: Current Definition Of Broadband Isn’t Fast Enough

The FCC’s current definition of “broadband” Internet is 4Mbps downstream and only 1Mbps up. These were adequate speeds in a world where you occasionally watched a grainy YouTube video, but they don’t reflect the needs or uses of most consumers, and those benchmarks are only going to grow more irrelevant with each passing day. FCC Chair Tom Wheeler admitted as much to Congress yesterday. [More]