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Social media pays off for businesses, study shows

(Phys.org)—Customers who connect with a business through social media will go to the business more frequently and contribute more to its bottom line, according to a new study from the University at Buffalo School of Management.

Economic games don't show altruism

Economic 'games' routinely used in the lab to probe people's preferences and thoughts find that humans are uniquely altruistic, sacrificing money to benefit strangers. A new study published in the journal Proceedings of the ...

Banking on mobile money

(PhysOrg.com) -- Many technologists and entrepreneurs have argued that mobile phones can empower people in the developing world by providing civic and commercial resources where traditional infrastructure is lacking. But ...

Calif. settlement will fund car charging network

(AP) -- An energy company accused of artificially inflating the cost of electricity, leading to California's power crisis a decade ago, agreed to pay a $120 million settlement that will fund 10,000 electric car charging ...

Trying to save money? Ask for crisp new bills at the bank

Consumers will spend more to get rid of worn bills because they evoke feelings of disgust but are more likely to hold on to crisp new currency, according to a new study in the Journal of Consumer Research.

Marketers target kids with tech

Isabella Sweet doesn't wear a target on her chest. But kid marketers covet this 9-year-old as if she does. Perhaps it's because she's a techie.

Cloud to tackle money laundering problem

(PhysOrg.com) -- Money laundering is estimated at $1.3 trillion worldwide - a huge problem. Now European researchers are using cloud computing services to boost anti-money laundering efforts by tracking suspicious transactions.

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