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Market Oracle FREE Newsletter

Analysis Topic: Consumer Watch

The analysis published under this topic are as follows.


Wednesday, December 06, 2006

Nigerian email 419 scams / ConsumerWatch / Scams

By: Nadeem_Walayat

The Nigerian scam is alive and kicking, and now targetting the emerging middle classes of India as well as continuing to hit the developed western world. In total the scam defrauds some $500 millions per year and is Nigerias fifth biggest industry.

Nigerian email 419 scams

The way the scam works is by an email sent out originating from Nigeria or another African country to a large mailing list. The emails promise a % share of millions of dollars, for helping officials of a government (or bank, or quasi-government agency or sometimes just members of a particularly rich family) out of an legal problem.

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Sunday, November 19, 2006

Sony releases Playstation 3 (PS3), after giving Microsoft Xbox360 a 12 month head start / ConsumerWatch / Strategic News

By: Nadeem_Walayat

Sony finally releases Play Station 3 in the US and Japan, though other parts of the world will have to wait a while. This might sound like good news for US & Japanese game players, but Sony is not expected to be able to satisfy the demand until well into 2007, so most game players wanting the Sony 3 will still have to wait a while longer. The official price for the PS3's is between $549 and $659 (depending on extras), but some of the PS3s are being offered on eBay for up to five times their retail price i.e. $2,500.

Sony releases Playstation 3 (PS3), after giving Microsoft Xbox360 a 12 month head start

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Thursday, November 16, 2006

Dispute between Biscit CSP (V21 V Two One) and Netservices leaves thousands of internet users disconnected and in limbo / ConsumerWatch / Strategic News

By: Nadeem_Walayat

As of 15th November, thousands of internet users across the UK, woke up to find their internet service with V21 has been disabled with a message on screen informing them that due to a legal dispute V21, which has recently been acquired by Biscit, would no longer be supplying their broadband service. Instead, customers had the option of moving their account to a company called ezeeDSL, or waiting until 24 November to have their service terminated so they could get broadband from a different provider. Read full article... Read full article...



Wednesday, November 15, 2006

First Direct to end Free Banking for some by charging 10 pounds per month, which can easily be avoided / ConsumerWatch / Strategic News

By: Phillipa_Green

First Direct (HSBC's online banking arm) is to charge Current Account customers a fee of £10 per month if they do not deposit £1,500 per month or maintain an average balance of £1,500. Other banks could follow suit to recoup money lost as regulators clamped down on fees in other areas.

The £10 fee will be charged from the 1 February 2007, if the only product held with First Direct is a Bank Account or Cheque Account and if paying in less than £1,500 per month or maintaining an average monthly balance of £1,500 or less. The banking fee will be charged monthly in arrears, so the first charges will be debiting accounts during the month of March 2007.

How to Avoid paying the £10 monthly fee Read full article... Read full article...



Sunday, November 12, 2006

Microsoft Vista operating system to be released on 30th January 2007 / ConsumerWatch / Strategic News

By: Nadeem_Walayat

The release of Microsoft's new operating 'Vista' has been scheduled for 30th January 2007. It was originally expected to be released in Mid 2006, but the launch date has repeatedly been postponed. Microsoft had to agree to make changes to Vista in order to avoid antitrust actions and to prevent a delay in releasing the product in Europe. The EU threatened in March to ban Vista over concerns that software included in the operating system violated antitrust laws.

Microsoft has scheduled a press conference for November 30th, to announce the new operating system, along with Office 2007. The releases, mark major updates to Microsoft's two key money makers. Vista's debut has been a long time in the making. Microsoft announced detailed plans for a new Windows release, code-named Longhorn, in October 2003.

Microsoft Vista operating system to be released on 30th January 2007

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