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TECHNOLOGY A23
                                                                                                                    Tuesday 29 September 2015

Get Started: Chip
card fraud liability
deadline days away

JOYCE M. ROSENBERG               er card issuers still haven’t     John Carmack, Chief Technical Officer of Oculus, speaks during the Oculus 2 conference in Los
AP Business Writer               sent the new cards to their       Angeles, Thursday, Sept. 24, 2015.
APPROACHING DEADLINE             customers, who will con-
Starting Thursday, business-     tinue to use their magnetic                                                                                                                           Associated Press
es that accept credit cards      stripe cards.
must be prepared to han-         It’s expected that millions of    Oculus takes aim at mainstream
dle transactions with new        the older cards will still be in  with inexpensive gear, video 
chip-embedded cards or           use going into 2016. And at
find themselves paying the       least for the time being, it’s    RYAN NAKASHIMA                 ence fiction dream to an         Netflix content is available
bill in the event of fraud.      not expected that thieves         AP Business Writer             awesome reality,” he said.       to be viewed in Oculus or
The credit card industry set     will have figured out how         LOS ANGELES (AP) — Virtual     “And now we all here have        Samsung headsets start-
Oct. 1 as the day when li-       to copy the information on        reality is taking a few steps  a chance to change the           ing Thursday, while Hulu
ability for fraud committed      the chips.                        closer to the mainstream       way we play, communi-            said it would also bring its
with the new cards will shift    Although many national re-        with Samsung unveil-           cate and collaborate.”           app to the Oculus platform
to retailers and other busi-     tailers have upgraded their       ing a headset that brings      Zuckerberg showed off a          where users can stream
nesses if they don’t have        equipment, many small             the technology to its latest   promo for the upcoming           2-D content as well as an
equipment to process chip        businesses haven’t. A Wells       smartphones at half the        “Star Wars” movie showing        original virtual reality short
card transactions. The           Fargo & Co. survey taken          price of its previous model,   a speeding vehicle zoom-         film called “The Big One,”
chips in the cards are hard-     during the summer showed          Facebook launching sup-        ing over the desert land-        from YouTube star Freddie
er to counterfeit than the       that only about half of           port for 360-degree video,     scape of fictional planet        Wong’s RocketJump pro-
magnetic stripes on millions     small business owners were        and online video services      Jakku. Users can look            duction company. A Hulu
of cards, but they require       aware of Oct. 1 deadline.         like Netflix and Hulu jump-    around in any direction us-      launch date wasn’t an-
new card readers and soft-       Only about a third had            ing into the format.           ing their mouse as the vid-      nounced.
ware to process transac-         the new equipment and             The announcements at a         eo is playing.                   Meanwhile, Oculus said it
tions.                           less than a third said they       developers conference in       Samsung said its new vir-        would begin a certifica-
If a counterfeit card is used    planned to get it by the          Los Angeles for virtual real-  tual reality headset will be     tion program so consumers
in a transaction and a busi-     deadline. Over time, many         ity  technology  company       22 percent lighter and cost      can look for a sticker that
ness doesn’t have the new        companies may feel more           Oculus represent attempts      $99, half the price of its pre-  will identify which comput-
equipment, the company           pressure to update their          to push the platform be-       vious model. The Gear VR,        ers support its Oculus Rift
will be liable for the finan-    equipment.                        yond a video-gamer-fo-         which requires users to in-      headset, which is due to
cial losses it suffers.          The simplest card readers         cused niche.                   sert the latest version of a     come out early next year.
However, little is expected      are expected to cost at           Facebook Inc. CEO Mark         Samsung smartphone into          Asus, Dell and Alienware
to change on Thursday at         least $100, and the most          Zuckerberg, who cut a          the headset, will ship in No-    will have certified models
many small businesses. A         basic software starts at sev-     deal to buy Oculus for $2      vember.                          that cost less than $1,000.q
number of banks and oth-         eral hundred dollars. q           billion last year, told some
                                                                   1,500 conference attend-
Apple sells 13 million                                             ees Thursday that virtual
new iPhones in 3 days                                              reality is “the next logical
                                                                   step” in online sharing after
MAE ANDERSON                     “Today’s news suggests the        text, photos and video.
AP Technology Writer             iPhone 6 cycle is off to a        “In just a few years, VR has
NEW YORK (AP) — Apple            good start,” he wrote.            gone from being this sci-
says it sold more than 13        The new models have
million iPhone 6s and 6s Plus    more memory and faster
phones in the three days         processors, along with a
since its iPhone launch,         new 12 mega-pixel cam-
topping last year’s early        era, and starts at $649.
sales mark.                      Apple and wireless service
Apple sold 10 million IPhone     providers are also offering
6 and 6 Plus models during       leasing and monthly in-
their first weekend last year.   stallment plans. Cupertino,
This year’s results include      California-based Apple
sales in China which was in-     Inc. says the phones will be
cluded in the initial launch     available in 40 additional
for the first time.              countries beginning Oct. 9
Apple said previously that       including Italy, Mexico, Rus-
preorders were so strong         sia, Spain and Taiwan and
that it expected to surpass      130 countries by the end of
last year’s record.              the year.Apple said sales
PiperJaffray analyst Gene        completed by Sept. 26 will
Munster said results came        be included in Apple’s fis-
in at the high end of his ex-    cal fourth quarter results,
pectations for sales of 12       and sales completed on
million to 13 million. He esti-  Sunday, Sept. 27 will be in-
mates China added about          cluded in Apple’s first-quar-
2 million in sales.              ter 2016 results.q
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