Vizio Recalls 245,000 TVs Because “Tipping Over” Is Not A Desirable Feature

viziorecall Because it’s hard to watch TV when you screen has fallen onto the floor, the folks at Vizio are recalling approximately 245,000 39″ and 42″ TVs with stands that might fail.


The recall involves Vizio E-series 39- and 42-inch Full-Array LED flat panel televisions with the following model and serial numbers:

viziorecalls


According to the Consumer Product Safety Commission, Vizio has received 51 reports of its sets falling over. Luckily no one was injured in any of those incidents.


Customers who own affected TVs are advised to contact Vizio by phone [(855) 472-7450 from 7 a.m. to 7 p.m. CT Monday through Friday, 9 a.m. to 6 p.m. CT Saturday and Sunday] for a replacement stand. Vizio also has info about the recall on its website.


Vizio will provide free replacement stands to owners of recalled sets.


If you have one of these TVs and you’re using a wall mount, you should still contact Vizio for a replacement stand, as you never know when you’re going to need one.


vizioback




by Chris Morran via Consumerist

Advertencia: efectos adversos de Twitter #infografia #infographic #socialmedia #humor

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Bank Of America Settlement Could Be Worth As Much As $17 Billion


Earlier this summer, when it looked like Bank of America and the Justice Dept. were reported to be on the brink of a settlement that would close the books on multiple cases involving the bank’s mishandling of toxic home loans in the run-up to the collapse of the housing market, it looked like BofA would be on the hook for around $12 billion. But now comes news that the deal could hit the bank for anywhere from $16-17 billion.

Citing the reliable-but-shy, “people familiar with the situation,” the Wall Street Journal reports that the current state of the settlement has BofA paying around $9 billion in cash to various federal and state agencies, including the DOJ. The rest of the money would be doled out in relief to consumers.


A $17 billion would leap-frog the previous record-setting $13 billion settlement between the DOJ and JPMorgan Chase from 2013, and would put BofA’s legal tab for mortgage-related nonsense well over $50 billion.


According to the Journal, BofA had been balking on anything higher than $13 billion, but U.S. Attorney General Eric Holder apparently convinced the bank to budge after threatening to file a lawsuit over the pre-meltdown activities of Merrill Lynch, Bank of America saved from collapse in 2008.


Along with Merrill and BofA’s other idiotic acquisition, Countrywide, Bank of America is now responsible for nearly a trillion dollars in mortgage-backed securities that were sold in the years leading up to the bursting of the housing bubble. A lot of those securities, especially the ones backed by Countrywide loans, include worthless mortgages. Nearly a quarter of them have since defaulted or are severely delinquent, resulting in all sorts of lawsuits being filed, alleging that the banks knew the loans were toxic but passed them off as solid.


The Journal notes that the details of the BofA settlement are still being hammered out and that it could still fall apart.


In Oct. 2013, a federal jury found Bank of America liable for a Countrywide program, the High Speed Swim Lane (HSSL or “Hustle”) that expedited the loan approval process by removing a number of the safeguards that were intended to prevent people from taking out mortgages they couldn’t afford to repay. Last week, the court finally got around to putting a $1.27 billion price tag on the damages.




by Chris Morran via Consumerist

Cómo las Redes Sociales pueden perjudicar tu trabajo #infografia #socialmedia #empleo

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Manual para estudiar en el exterior

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AOL Raises Prices, Still Manages To Have 2.3 Million Subscribers

aolWhen you’re reporting your results to investors, it’s good to focus on the good news. For example, AOL is now taking in more money per subscriber each month: $20.86 compared to $20.03 at the same time last year. What’s that? Yes, of course AOL still has subscribers.


2.3 million people remain who send AOL money every month because…well, maybe they need dial-up Internet service, or they forgot about the automatic charge, or maybe they’re afraid of facing the company’s retention department.


Sure, they’ve lost 250,000 subscribers in the last year, and about 84,000 since we last checked in with the company. Their “churn” rate is about 9%, and there aren’t new customers signing up to replace the ones who have left.


That extra 83 cents from the price increase is an additional $2.3 million in revenue, or two distressed babies!


Second Quarter Results [AOL] (via Quartz)


FROM MAY: AOL Still Has 2.4 Million Paying Subscribers




by Laura Northrup via Consumerist

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