United States
Two Giant Debt Collectors Ordered to Refund a Collected $61million to Consumers
Encore Capital Group and Portfolio Recovery Associates are ordered to refund a collected $61 million to customers for allegedly using deceptive strategies to collect debt. CNN reported that the Consumer Financial Protection Bureau charged these two giant debt collectors for buying inaccurate debts, collecting unverified debts, and using illegal strategies to collect debts.
Apple launches upgrades, including first ever Apple Pencil; Looks great but impractical, says professional designers
Tech giant Apple released Wednesday a series of product upgrades, including the new iPhone 6S and iPhone 6S plus, Siri-collaborative Apple TV, the enterprise-grade 12.9-inch iPad Pro, and the first ever Apple Pencil, which is a stylus for designers and creatives.
Twitter partners with giant Indonesian carrier Indosat on #TwitBuy
Twitter announced Monday that it entered a partnership with giant Indonesian carrier Indosat, allowing its 68 million users to use its direct messaging (DM) feature.
Buffett Dumps Exxon, Buys Refiner Phillips Stake Due to Falling Oil Prices
Warren Buffett lets go of Exxon shares, and buys refiner Phillips stake because of the fluctuating oil prices. Bloomberg reports that the billionaire investor announced Wednesday that his Berkshire Hathaway Inc. sold some $4 billion Exxon Mobil Corp. shares due to the dreary outlook of crude oil prices, buying instead a $4.48 billion stake from refiner Phillips 66.