Ads

Best offers

Ads
All about Miscellaneous
 Latest Miscellaneous articles
Exclusive Interview: Nvidia's Ian Buck Talks GPGPU

Exclusive Interview: Nvidia's Ian Buck Talks GPGPU
With Snow Leopard and Windows 7 both offering GPGPU capabilities, we wanted to talk to Nvidia's Ian Buck. Not only is he one of the fathers of Brook, the programming language ultimately adopted by AMD/ATI, but the head of Nvidia's CUDA group as well. Read More

  • Beamforming: The Best WiFi You’ve Never Seen
    Forget 802.11n Draft 2.0. The future of video-capable WiFi depends on a signal-boosting technique called beamforming. We put the pioneers in this frontier through some real-world testing to find out which technology is going to change the wireless world. Read More
All Miscellaneous articles

Newsletters


  • Ask your question about IT issues
  • Post

Partners

The Games selection

adventure : Ray Adventure game, South Park style. Pick the way the story goes by picking an answer among those offered.
violent : Interactive Buddy Unwind on your interactive buddy: Do anything you want to him, it will earn you money, and you can buy other stuff to torture him with.
Ads

Sponsored links

Unclaimed Gift Cards Total Around $3.5 Billion In Holiday 2007

Next news
12:43 PM - January 2, 2008 by Mark Raby

Minneapolis (MN) - If you have a gift card from last year that's partially or completely unredeemed, you helped line retailers' pockets by over $3.5 billion.

According to the New York Times, an estimated $3.5 billion in gift cards went unclaimed during last year's holiday season alone.

Best Buy had one of the biggest pieces of the pie, with around $19 million in unused cards in 2007. Because its gift card operation center is based in Virginia, the unclaimed balances will go straight to Best Buy's bottom line.

Many retailers have done a similar set-up. Several states, including Minnesota where Best Buy is based, have laws that give the state government control over unclaimed gift cards (along with checking and saving account balances and the like). To bypass this, retailers set up standalone operations in other states that don't have these laws.

Source : Tom's Hardware US

Talkback
Add your comment
Comments are closed on this page.

Sponsored links