Whoops! Magazine giant Condé Nast, publisher of Wired, New Yorker, GQ and a host of other titles, mistakenly sent $US8 million to a scammer posing as one of the publisher’s printers. Mistakes! We all make ‘em. [Wired]
Microsoft points are the digital currency you use to buy Xbox and Zune content, and you can buy cards that are pre-loaded with points to enter in to your account. Problem? Just like with the iTunes gift cards, somebody discovered the algorithm Microsoft uses to generate valid codes and let it loose onto the internet.
We were so excited yesterday by the discovery that it’s Australian Bacon Week that we forgot to notice that it’s also National Consumer Fraud Week. The ACCC has released some stats to coincide with Fraud Week which shows that consumers are starting to wise up to the scammers.
If for some reason you thought Best Buy Buy Back – a trade-in program in which you pay Best Buy up front for the guarantee that they’ll buy back your gear for a pittance down the line – was a profitable way to get rid of your old gadgets, let Digital Trends disabuse you. They ran the numbers and found that you’re potentially losing hundreds by selling your gadgets to the retailers instead of flipping them online. [DigitalTrends]
