finances
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Formula One’s New Budget Cap Could Start As Early As 2019: Report
Formula One is considering a budget cap to level the playing field among its big-budget and smaller teams, and leaked details obtained by Auto Motor und Sport show exactly how they might do it. F1 wants to start testing out the cap in 2019. Notably, drivers’ and top managers’ salaries and marketing expenditures won’t be…
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The Worst PayPal Horror Stories
Yesterday, PayPal agreed to pay customers $US15 million for ripping them off over the past few years. After I wrote about it, reader horror stories started flooding my inbox and comments.
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EzyDVD Goes Into Receivership
According to the ABC, EzyDVD has gone into receivership today. They’re hopeful that they’ll be able to save the company from complete destruction, and blame their current predicament on trading losses and lacklustre sales. But I guess that means that we won’t be seeing their digital movie store happening any time soon, if ever. Here’s…