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American Express Rewards Checking: $250 Bonus w/ Direct Deposit

MyMoneyBlog.com - Thu, 01/29/2026 - 13:55

Offer is back, updated details, expires soon. American Express is again promoting their Rewards Checking Account with a new $250 direct deposit bonus. The bonus requirements are pretty straightforward:

  • Open your first American Express Rewards Checking Account in your name by 1/31/2026,
  • Receive a total of $5,000 or more of Qualifying Direct Deposit(s) within 90 days of account opening.
  • After you have completed the above qualifying criteria, American Express will deposit the Welcome Bonus into your Rewards Checking Account within 8-12 weeks.

This bonus is targeted for existing consumer credit cardholders, and possibly savings accountholders:

Who is eligible to apply for an American Express® Rewards Checking account?

Applying for an American Express Rewards Checking account can be completed in minutes. We are currently accepting applications from Card Members with a U.S. Basic Consumer Card issued by American Express National Bank (AENB) with at least 5 days tenure. We may also accept applications from Additional Card Members on a U.S. Basic Consumer Card issued by AENB, Customers with an existing High Yield Savings Account and CD with at least 5 days of tenure who are not existing US Basic Card Members.

Submitted applications will be reviewed promptly with decisions that can be provided within minutes.

If you log into your personal credit card account, the application is mostly auto-filled and just takes a few clicks. There is no hard credit check.

Here are some quick highlights about the Rewards Checking account:

  • No monthly fees, and no minimum balance requirements.
  • 1.00% APY (as of 1/29/26)
  • Earn 1 Membership Rewards® point for every $2 of eligible Debit Card purchases. You can combine these points for redemption using your other AmEx cards.
  • Unlimited fee-free ATM withdrawals at over 37,000 MoneyPass® ATM locations nationwide.
  • Mobile check deposit is available.
  • Free paper checks are not included, but you can purchase them at additional cost.

From the full terms and conditions:

A Qualifying Direct Deposit is a single ACH transfer from an employer or the government for a paycheck, pension, government benefit (such as Social Security), or tax refund. Qualifying Direct Deposit(s) totaling at least $5,000 or more are required to qualify for this offer. The following are not Qualifying Direct Deposits: person to person transfers (P2P) such as money transfer apps, deposit account to deposit account transfers (for example, from a checking account to another checking account or from a savings account to a checking account), deposits or ACH transfers not from an employer or the government (for example, online transfers or bank transfers), internal transfers from your American Express® Savings account, deposits made via check, and Membership Rewards® points redemption for deposits.

Categories: Finance

Why Private Equity Is Suddenly Awash With Zombie Firms

Slashdot.org - Thu, 01/29/2026 - 13:50
The private equity industry is experiencing a quiet reckoning as hundreds of midsize firms find themselves trapped between investors who have lost patience and portfolios of companies they cannot sell at acceptable prices. "There is existential risk for a number [of funds] because of the fundraising environment," said Sunaina Sinha Haldea, global head of private capital advisory at Raymond James. "If existing investors don't come and support them, new investors are highly unlikely to." According to data from Preqin, the average buyout fund that closed in 2025 spent 23 months fundraising, up from 16 months in 2021, and the total number of funds raised fell to 1,191 from 2,679 over the same period. New York's Vestar Capital scrapped plans for its eighth fund in late 2024 and has not invested in a new portfolio company since 2023. The firm's assets under management dropped from $7 billion fifteen years ago to $3.3 billion in 2024. Three-year annualized returns through June 2025 for the Cambridge Associates U.S. Private Equity Index stand at 7.4%, trailing the MSCI World stock index by 11 percentage points annually. The average holding period for buyout deals has stretched to 6.3 years from 5.1 years in 2020. Blue-chip megafunds continue raising capital normally, but smaller firms face existential pressure.

Read more of this story at Slashdot.

Apple's Second-Biggest Acquisition Ever Is a Startup That Interprets Silent Speech

Slashdot.org - Thu, 01/29/2026 - 13:10
Apple has acquired Q.AI, a secretive Israeli startup whose technology can analyze facial skin micro-movements to interpret "silent speech," in a deal valued at close to $2 billion that marks the iPhone maker's second-largest acquisition ever, according to backer GV (formerly Google Ventures). The four-year-old company was founded in Tel Aviv in 2022 by Aviad Maizels, Yonatan Wexler and Avi Barliya. Patents filed by Q.AI show its technology being deployed in headphones or smart glasses to enable non-verbal communication with an AI assistant. The acquisition comes as Meta's Ray-Ban smart glasses already let wearers talk to its AI, and Google and Snap are preparing to launch competing devices later this year.

Read more of this story at Slashdot.

Massive AI Chat App Leaked Millions of Users Private Conversations

Slashdot.org - Thu, 01/29/2026 - 12:45
An anonymous reader shares a report: Chat & Ask AI, one of the most popular AI apps on the Google Play and Apple App stores that claims more than 50 million users, left hundreds of millions of those users' private messages with the app's chatbot exposed, according to an independent security researcher and emails viewed by 404 Media. The exposed chats showed users asked the app "How do I painlessly kill myself," to write suicide notes, "how to make meth," and how to hack various apps. The exposed data was discovered by an independent security researcher who goes by Harry. The issue is a misconfiguration in the app's usage of the mobile app development platform Google Firebase, which by default makes it easy for anyone to make themselves an "authenticated" user who can access the app's backend storage where in many instances user data is stored. Harry said that he had access to 300 million messages from more than 25 million users in the exposed database, and that he extracted and analyzed a sample of 60,000 users and a million messages. The database contained user files with a complete history of their chats with the AI, timestamps of those chats, the name they gave the app's chatbot, how they configured the model, and which specific model they used. Chat & Ask AI is a "wrapper" that plugs into various large language models from bigger companies users can choose from, Including OpenAI's ChatGPT, Anthropic's Claude, and Google's Gemini.

Read more of this story at Slashdot.

Project Genie: Experimenting with infinite, interactive worldsProject Genie: Experimenting with infinite, interactive worldsProduct ManagerProduct ManagerDirector

GoogleBlog - Thu, 01/29/2026 - 12:00
Google AI Ultra subscribers in the U.S. can now try out Project Genie.Google AI Ultra subscribers in the U.S. can now try out Project Genie.
Categories: Technology

Xbox Hardware Revenue Craters 32%

Slashdot.org - Thu, 01/29/2026 - 11:47
Microsoft's Xbox hardware revenue fell 32% in the final quarter of 2025 and overall gaming revenue declined 9% year-over-year, according to the company's latest quarterly earnings, released as part of results showing Microsoft's total revenue exceeded $80 billion. Xbox content and services revenue, which includes Game Pass, dropped 5%.

Read more of this story at Slashdot.

Windows 11 Has Reached 1 Billion Users Faster Than Windows 10

Slashdot.org - Thu, 01/29/2026 - 11:12
An anonymous reader shares a report: Windows 11 now has one billion users. Microsoft hit the milestone during the recent holiday quarter, meaning Windows 11 has managed to reach one billion users faster than Windows 10 did nearly six years ago. "Windows reached a big milestone, 1 billion Windows 11 users," said Microsoft CEO Satya Nadella on the company's fiscal Q2, 2026 earnings call. "Up over 45 percent year-over-year." The growth of Windows 11 over the past quarter will be related to Microsoft's end of support for Windows 10, which also helped increase Microsoft's Windows OEM revenues.

Read more of this story at Slashdot.

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