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Elon Musk Donates $10 Million to Make Sure Robots Don’t Kill Us

Elon Musk Donates $10 Million to Make Sure Robots Don’t Kill Us

Bill Pugliano/Getty Images(NEW YORK) -- If the thought of robots destroying humanity keeps you awake at night, you can sleep a little easier now. Billionaire Elon Musk wants to make sure the world will never face a robot uprising.

Musk, the founder of Tesla Motors and SpaceX, tweeted Thursday he is donating $10 million to the Future of Life Institute for research on how to keep artificial intelligence safe.He has previously expressed his concern about robots, saying artificial intelligence has the potential to be "more dangerous than nukes."In a tweet announcing the donation, Musk, 43, said it is "all fun and games" until something goes awry.Musk joined physicist-cosmologist Stephen Hawking, who is among the high-profile people who signed an open letter earlier this week calling for artificial intelligence not just to be more capable, but also more beneficial to humanity moving forward.

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Toyota Uses Virtual Reality to Teach Distracted Drivers

Toyota Uses Virtual Reality to Teach Distracted DriversToyota(NEW YORK) -- Oculus Rift hasn't even hit the consumer market yet, but that hasn't stopped developers from creating unique experiences with the virtual reality device.With the Detroit Auto Show underway this week, Toyota unveiled its new TeenDriv...

Xiaomi Phablet Goes Head to Head with Apple’s iPhone 6 Plus

Xiaomi Phablet Goes Head to Head with Apple’s iPhone 6 Plus

Xiaomi(BEIJING) -- Chinese electronics giant Xiaomi is trying to take a bite out of Apple. The company on Thursday unveiled the Mi Note, a new phablet that could rival Apple's iPhone 6 Plus.CEO Lei Jun was also quick to point out that the device was thinner, lighter and has a bigger screen."We paid attention to every detail to make it as perfect as possible," Lei told reporters in Beijing.A turbo-charged version, the Mi Note Pro, was also unveiled, however a release date was not announced.Known for making quality low cost handsets, Xiaomi soared past Samsung last year as the best selling smartphone maker in China by number of devices sold -- leading some to nickname the company "China's Apple."Here's a look at how the new Xiaomi Mi Note phablet stacks up against Apple's tremendously popular iPhone 6 Plus:CostAside from sharing a similar look to the iPhone, Xiaomi has attracted the most attention for the relative low cost of its devices.A basic version of the phone starts at 2,299 yuan ($371.67 USD), which is about less than half the price of an iPhone 6 in China.SizeSmartphones keep getting even more gigantic. As Apple's biggest offering yet, the iPhone 6 Plus has a 5.5-inch display. Xiaomi's Mi Note cross even further into phablet territory with a 5.7-inch screen.Despite the bigger screen, Xiaomi said its phablet weighs about one-third of an ounce less than the iPhone 6 Plus, clocking in at 5.7 ounces.MemoryApple impressed its fan base when it unveiled a 128 GB option for its iPhones last year, along with the standard 16 GB and 64 GB choices.Xiaomi's Mi Note Currently comes with two options: 16 GB or 64 GB.CameraWhat are smartphones without a good camera?Both the Mi Note and iPhone 6 Plus have optical image stabilization, allowing users to take crisper shots, even of moving subjects.The Mi Note has a 13 mega-pixel rear facing camera and a 4 MP front-facing camera.One of the features Apple proudly showed off last year was the magazine-worthy photos that can be taken on an iPhone 6 or 6 Plus. The 8 MP camera has additional features, improved face detection, and exposure control, that deliver even more vibrant shots.SupportApple is known for answering customer support questions via email, online forums, a toll free number and in its stores.According to their website, Xiaomi does not have an office in the United States and the company's plans for making their devices more readily available to American consumers was unclear.Users who have purchased the company's previous flagship phone, the One Plus, are advised to submit inquiries online, with the warning that it can take several days to get a response. They're also encouraged to reach out for help on an online forum.

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Target Plans to Close Its Stores in Canada

Target Plans to Close Its Stores in Canada

Target(MINNEAPOLIS) -- Target is closing its doors in Canada.The Minneapolis-based retailer announced on Thursday that it plans to stop operating stores throughout the country after failing to make profits."After a thorough review of our Canadian performance and careful consideration of the implications of all options, we were unable to find a realistic scenario that would get Target Canada to profitability until at least 2021. Personally, this was a very difficult decision, but it was the right decision for our company," Target CEO Brian Cornell said in a statement.Target said it filed an application for protection under the Companies’ Creditors Arrangement Act with the Ontario Superior Court of Justice in Toronto Thursday morning, seeking the court's approval to begin liquidation.The retailer currently has 133 stores across Canada and approximately 17,600 employees.“The Target Canada team has worked tirelessly to improve the fundamentals, fix operations and build a deeper relationship with our guests. We hoped that these efforts in Canada would lead to a successful holiday season, but we did not see the required step-change in our holiday performance,” Cornell said. “There is no doubt that the next several weeks will be difficult, but we will make every effort to handle our exit in an appropriate and orderly way,” he added.

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Ikea Recalls 169,000 Crib Mattresses over Entrapment Risk

Ikea Recalls 169,000 Crib Mattresses over Entrapment Risk

U.S. Consumer Product Safety Commission(WASHINGTON) -- Ikea is recalling about 169,000 crib mattresses in the U.S. over an entrapment hazard.According to the U.S. Consumer Product Safety Commission (CPSC), the recall involves Ikea's Vyssa-style crib mattresses with the model names Vackert, Vinka, Spelevink, Sloa and Slummer. The mattresses were sold at Ikea stores nationwide and online between August 2010 and May 2014.The CPSC says the mattresses could create a gap between the mattress and crib larger than the width of two fingers, making it possible for infants to become entrapped. So far, Ikea has received two reports of entrapment. None of the children involved were injured.Customers with affected mattresses are advised to stop using them immediately and return them to any of the furniture retailer's stores for an exchange or full refund.

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GM Sold Record 9.9M Vehicles Worldwide in 2014

GM Sold Record 9.9M Vehicles Worldwide in 2014

General Motors(DETROIT) -- General Motors continued to break sales records last year, selling nearly 10 million vehicles worldwide. This is the second straight year the automaker had record global sales.The company reported Wednesday that it sold 9,924,880 vehicles around the world in 2014 -- a 2 percent increase from the record set the previous year.“GM is making solid progress and has good momentum. Our customer focus, the new cars, trucks and crossovers we launched in China and North America, technologies like OnStar with 4GLTE and the revitalization underway at Opel helped us achieve another record year, despite very challenging market conditions in different parts of the world,” GM CEO Mary Barra said in a statement.One of the challenges the automaker faced last year was historic recalls. More than 30 million GM vehicles were recalled for ignition defects linked to multiple deaths. Legal compensation regarding those recalls topped $2 billion. Despite the setbacks, GM's sales increase thrust the company into the top three of all manufacturers for the year, trailing just Toyota and Volkswagen.

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Jobless Claims Surge to 316K

Jobless Claims Surge to 316K

iStock/Thinkstock(NEW YORK) — Jobless claims climbed higher last week, increasing by 19,000, according to the latest figures released Thursday by the Labor Department.For the week ending Jan. 10, the number of people filing for unemployment benefits spiked to 316,000. The previous week claims stood at 297,000, revised up from 294,000.The Labor Department said there were no "special factors" impacting that week's figures.The four-week moving average rose to 298,000 from last week’s revised average of 291,250.

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Wealthy Women Investors Are Younger, Smarter and More Adventurous than Men

Wealthy Women Investors Are Younger, Smarter and More Adventurous than Men

iStock/Thinkstock(NEW YORK) — No doubt about it. Female investors whose household incomes exceed $200,000 have a leg up on their male counterparts in just about every area.The Spectrem Group, a research and analysis organization for financial advisers that put together the study, says that while the average age of high-income men is 63, it’s only 50 for women on average.Is it because women are smarter? That could very well be since 93 percent of high-income women have a college education with just 75 percent of men able to make the same claim.Meanwhile, the percentage of high-income women and men with advanced degrees is 35 percent to 13 percent, respectively.And as far as taking more risks with their portfolios, women are the hands-down winners once more. While just 32 percent of men say they’d be willing to take a risk, 54 percent of women were not fearful of doing so.George H. Walper Jr., president of the Spectrem Group, explains that the advantage continually goes to women investors because many “are business owners and are accustomed to making their own decisions.”

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American Coffee Lovers, Meet the ‘Flat White’

American Coffee Lovers, Meet the ‘Flat White’

Photo by Justin Sullivan/Getty Images(NEW YORK) -- Australians have a well-deserved reputation as the most laid-back people in the world. No wonder, what with the endless beaches and perfect weather, the national slogan should be, “No worries mate!”But there is one thing that they are very particular about: Coffee. Sydneysiders take their morning java very, very seriously.Americans may not know about Australia’s obsessive coffee culture, but they’re about to get a taste. Starbucks announced that it is bringing one of Australia’s most popular drinks to the United States -- the “flat white.”Considered an unflamboyant café au lait, the “flat white” is an espresso and steamed milk drink that was invented in Australia in the 1980s.We traveled to Australia to meet some of the locals who have helped build the local coffee culture.“I dream about coffee, it’s the first thing I think of and the last thing I think of every single day,” said Sean McManus, the bearded and tattooed head coffee brewer at Single Origin Roasters in Sydney.Australia’s unlikely obsession with coffee is thanks to the influx of Italian immigrants who arrived there after World War II, bringing with them a passion for coffee.“I wouldn’t use the word picky or snobby,” said Myffy Rigby, chief food & drink critic at Time Out Sydney. “I just think we have a very clear idea of what we like to drink. You might come to some cafés to drink a slightly roasted South American blend, you’ll go to others to drink something that’s ballsy and deeply roasted and heavily extracted.”Since then, coffee-mad Aussies have even developed a secret local language that might baffle outsiders. To understand this foreign coffee language, we asked McManus for a crash course on the ins-and-outs of an Australian coffee menu.First, there’s the piccolo, which is a romantic-sounding Italian term that just means small. In Australian coffee terms, it refers to a small latte.Then there is the short black, which is not Italian or romantic, but provides insight into the Australian’s straightforward approach to names.“Australia has a tendency to name everything as it is so a short black is literally a short black coffee,” said McManus.The machiatto and ristretto are both espresso drinks -- the first is served with a small amount of milk, and the ristretto -- meaning limited in Italian -- is an espresso extracted with about half the water of a normal cup.As for the flat white? Starbucks describes the offering as a cup of "expertly steamed milk poured over ristretto shots of espresso and finished with a Starbucks signature dot."

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RadioShack Could File for Bankruptcy As Soon As Next Month

RadioShack Could File for Bankruptcy As Soon As Next Month

benkrut/iStock Editorial/Thinkstock(NEW YORK) -- RadioShack Corp. could file for bankruptcy as soon as next month.According to the Wall Street Journal, a filing could come in the first week of February. The electronics chain said in a December 2014 filing that "there can be no assurance that our efforts to further restructure our debt or operations will be successful." Further, the company said, "we may be required to seek to implement in-court bankruptcy proceedings, which could result in a default on our debt with our lenders and/or the liquidation of the company."The company had acknowledged financial difficulties and said it had closed 175 underperforming stores in the 2014 fiscal year.

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Mark Zuckerberg: Why Facebook Operates in Countries With Free Speech Restrictions

Mark Zuckerberg: Why Facebook Operates in Countries With Free Speech Restrictions

Justin Sullivan/Getty Images(NEW YORK) -- When asked at a town hall meeting in Colombia Wednesday why Facebook continues to operate in countries that may restrict freedom of speech, Mark Zuckerberg brought the focus back to the reason why he founded the social network."This gets to the heart of our mission. We want to help connect everyone and give people a voice," Zuckerberg said.The CEO, who started Facebook when he was 19, said a government passing a law restricting speech should not get in the way of people in the country still being able to connect with friends and family."I really deeply believe we are best serving the world...by continuing to push for as much expression as possible," Zuckerberg said. He added that Facebook does push back when it is asked by governments to filter something.Zuckerberg was in Colombia to announce the Internet.org app that will be released in the country, providing mobile users free access to basic online services without having to purchase a data plan.It was his first visit to the South American country, and Zuckerberg charmed the crowd by telling them he was already well-versed in one of Colombia's biggest exports: Shakira."I’m a big fan of Shakira," he said when asked what he knew about Colombia before his visit. "I’m a really big fan. I don't speak Spanish but I like her Spanish music."

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Project Ara: Puerto Rico Will Be First to Get Google’s Modular Smartphone

Project Ara: Puerto Rico Will Be First to Get Google’s Modular Smartphone

Google(NEW YORK) --  Google announced Wednesday it is ready to launch Project Ara, the modular smartphone that allows users to customize the device of their dreams, with a limited market test in Puerto Rico.

 

The market pilot for Ara will be in Puerto Rico #AraDev

— Project Ara (@ProjectAra) January 14, 2015

The U.S. territory has a diverse smartphone user base, making it an ideal place to test out the phone, Paul Eremenko, the Project Ara director, said at a developer's conference.Billed as the phone for "six billion people," Project Ara lets users add various features to their phone, allowing them to get only the features they want and, most importantly, control the price.As new technology comes to market, users won't have to wait for a new phone and can instead just swap in the modules, empowering users to customize their technology.While the pricing was not immediately known, Google has said it hopes to keep the cost of the basic hardware between $50 to $100.

 

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Wall Street Drops Again After December Retail Numbers Lower than Previous Month

Wall Street Drops Again After December Retail Numbers Lower than Previous Month

Justin Sullivan/Getty Images(NEW YORK) -- Wednesday marked another day of losses for Wall Street as December retail numbers came in lower than the previous month.The Dow Jones Industrial Average dropped 186.85, closing the day at 17,426.83.The Nasdaq slipped 22.18 to 4,639.32, while the S&P 500 fell to 2,011.29, down 11.74 from the previous day's close.The U.S. Census Bureau released the latest retail and food services data from December and noted that estimates placed those figures at 0.9 percent below November's data. Total sales for 2015 were up four percent, however.

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Why Rounds Video Chat App May Be the Next Big Thing

Why Rounds Video Chat App May Be the Next Big Thing

Rounds Entertainment Ltd.(NEW YORK) -- Say hello to Rounds, an app that has stealthily amassed millions of subscribers, attracted big-name investors and is now bursting onto the scene as the next big thing when it comes to staying connected.If Skype and WhatsApp got together and gave birth to a quirky child, it would be Rounds. The app offers the same free messaging users get from WhatsApp but also adds the options for video calls that can include up to 12 people in one session.It's in those group calls where the fun happens. Friends can do everything from play games and watch YouTube videos to surfing the Internet together.Dany Fishel, the co-founder and CEO of Rounds, said the app is all about "instantaneous connectivity meets fun and interactive shared experiences."With more than 25 million active users, Rounds has just a fraction of WhatsApp's estimated 700 million users.The app, however, has caught the eye of Sequoia Capital, the company that was the sole investor in WhatsApp, which was later acquired by Facebook.Rounds grabbed $12 million in funding Wednesday from a round led by Sequoia Capital, along with other high-profile backers, including Samsung Ventures and Verizon Ventures.Even if it doesn't swell to the size of WhatsApp, Rounds has at least one big achievement to brag about: Saving relationships.One reviewer wrote in the app store that she and her boyfriend are apart and use Rounds to keep in touch."Thanks to the geniuses who developed this app," she wrote. "You may very well save[d] our relationship."Rounds is free for iOS and Android users.

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How Milwaukee Brewers’ Unlimited ‘Timeless Ticket’ Works

How Milwaukee Brewers’ Unlimited ‘Timeless Ticket’ Works

Milwaukee Brewers(MILWAUKEE) -- The ultimate Milwaukee Brewers fan has the chance to attend home games at Miller Park, whether 2015 or 2050, with what's called a "Timeless Ticket."Only 1,000 of these tickets have been available since October 2014. They cost $1,000 and include a brass engraved ticket in a wooden stand, weighing one pound.It allows a fan to get one ticket to any game -- whether it's Opening Day or the World Series. This week, the team announced an added benefit: Now, there's the opportunity to redeem it for tickets to nine additional Brewers home games, excluding Opening Day and the playoffs.Though $1,000 is steep for some, that's about what it could cost to attend a future World Series game alone. Tickets at past World Series have frequently sold for $1,000 (and even higher) on the secondary market.Having said that, no one knows for sure how soon the Brewers could be playing in the World Series.

Last season, the Brewers won 82 games and lost 80. The team has only made it to the World Series once (in 1982), but they lost the series to the St. Louis Cardinals, 4-3.To redeem the "Timeless Ticket," the ticket holder needs to contact the Brewers box office with their individual information, plus a photo ID and the date of the game."After redemption, the owner of the 'Timeless Ticket' will keep the personalized brass statue to display," the Brewers' website says. "In addition, 'Timeless Ticket' holders may purchase up to three additional companion tickets for the redeemed game at the single game box office price."

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New Company Lets You Send Glitter to Ex, Rude Neighbor

New Company Lets You Send Glitter to Ex, Rude Neighbor

Shipyourenemiesglitter.com(NEW YORK) -- Getting even with your ex-lover, nasty neighbor, or irritating coworker just got a lot easier.An Australian company, Shipyourenemiesglitter.com, helps customers anonymously prank people who make their blood boil by sending them an envelope filled with glitter."I've received Christmas and birthday cards over the years from family and friends who put glitter in the cards," said Mathew Carpenter, developer at shipyourenemiesglitter.com. "I hated it and I wanted the rest of the world to feel my pain, so that's how the website was born."After you've chosen who will be on the receiving end of a sparkly surprise, enter an address and Ship Your Enemies Glitter will anonymously send an envelope filled with glitter to anyone you wish.A note will also be included informing the recipient why they've been sent this hard-to-remove gift.The note will be mixed among the flecks, "thus increasing maximum spillage," according to the company website.For a flat fee of $9.99 in Australian dollars (about $8.15 in U.S. dollars), the service ships glitter-filled envelopes to any location in the world.Ship Your Enemies Glitter launched on Jan. 12 and said it already has made thousands of dollars in sales."It's only been 24 hours," Carpenter told ABC News. "However, the overall reaction has been extremely positive."For a grosser prank, online services like poopsenders.com will actually send animal feces to the people you loathe most.

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Mark Zuckerberg Holding International Facebook Town Hall in Colombia

Mark Zuckerberg Holding International Facebook Town Hall in Colombia

Justin Sullivan/Getty Images(NEW YORK) — Mark Zuckerberg will host his third Facebook town hall Wednesday afternoon, this time from Colombia, where users in Latin America will have the opportunity to ask him their most pressing questions.If the questions on Zuckerberg's "Q&A With Mark" page are any indication, the CEO will likely face some tough topics, including the role he believes Facebook should have with governments and poverty in Colombia.Zuckerberg has held two previous public forums from the Facebook office in Menlo Park, California, where he has tackled everything from serious product questions and global affairs to what he likes on his pizza. (Spoiler Alert: Fried chicken.)There's still time to submit a question for consideration on Zuckerberg's Q&A page.

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Why Hundreds of Chipotle Restaurants Don’t Have Pork on Menu

Why Hundreds of Chipotle Restaurants Don’t Have Pork on Menu

marcnorman/iStock Editorial/Thinkstock(NEW YORK) -- Hundreds of Chipotle restaurants aren't serving pork after the national chain suspended a supplier for violating its standards.Disappointed customers found signs this week that read, "Sorry, No Carnitas" outside restaurants.As part of Chipotle's "Food With Integrity" program, the company says it has chosen meat from pigs that are "naturally raised," without antibiotics and are fed a vegetarian diet since 2001, according to its website.The company has chosen to serve "naturally raised" beef since 1999, but sometimes faces limited supplies of antibiotic-free cows."Once-in-awhile we do experience a shortage in certain areas of the country and we’ll let you know at the restaurants if that happens," Chipotle says on its website.As an alternative to meat, the company is marketing its vegan tofu topping Sofritas, introduced in July 2013, with a promotion. Their new promotion can earn you a free entree just for buying one of their tofu-based meals. Buy a Sofritas entree on Jan. 26 and use the receipt to get a free entree of your choice between Jan. 27 and Feb. 28.Chipotle, which had 1,724 restaurants as of Sept. 30, did not immediately respond to a request for comment from ABC News.

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With Recalls in the Spotlight, Chinese Giant to Work with US on Safety

With Recalls in the Spotlight, Chinese Giant to Work with US on Safety

Hong Wu/Getty Images(WASHINGTON) -- In a first-of-its-kind agreement, a huge China-based company has agreed to work with the U.S. Consumer Product Safety Commission to stop illegal and recalled products from being sold to American consumers -- a dangerous problem the U.S. is mightily struggling with domestically, as a recent ABC News investigation found.Calling the unprecedented agreement “a victory for U.S. consumers and their safety,” CSPC Chairman Elliot Kaye said Tuesday that Alibaba Group, the largest online and e-commerce company in the world, will now work closely with the commission, including being given lists of potentially dangerous, recalled products to remove from sale. Kaye made the announcement at the Hong Kong Toys and Games Fair.Alibaba boasted 300 million annual active buyers in 2014. The company does not sell products directly to consumers, but rather connects buyers and sellers of everything from oysters to iPhones.In recent years, the company has been heavily criticized for not doing enough to remove counterfeit products being sold on its sites. Alibaba says it has spent over $160 million to block counterfeit products -- removing 114 million listings -- and bolster consumer protections. The company went public late last year.A company spokesperson told ABC News Wednesday that U.S. customers account for a “small percentage” of Alibaba’s buyers, but that given the reach of the company -- larger than eBay and Amazon combined -- Wednesday’s move is “still impactful.” He added that the CPSC commitment beefs up protocol the company already had in place to look for recalled products on its sites.Wednesday’s agreement comes just two months after an ABC News investigation in which CPSC Chairman Kaye revealed that some 80 percent of products recalled in the U.S. generally remain unaccounted for -- and that’s a “good” recall. Other times, 95 percent of potentially dangerous recalled products remain outside government control, many on store shelves, available online or inside American homes.During the ABC News report, Kaye singled out the classified online site Craigslist for not doing enough to keep potentially hazardous, recalled products out of people’s homes. While Kaye called Craigslist “morally irresponsible,” the company insisted to ABC News that it indeed takes appropriate steps to thwart the sale of hazardous products.On Wednesday, Kaye told ABC News he met with Craigslist executives on his way to Hong Kong for this week’s convention and believes the CPSC is “now engaged in a positive and productive dialogue” with that company to implement safeguards against recalled products on the site.And it appears the CPSC head took the momentum from the Craigslist dustup directly to Hong Kong.In a blog posted early Wednesday, the CPSC noted, “Last November, Chairman Elliot F. Kaye made national headlines for urging certain online sites to take far greater responsibility for preventing the sale of dangerous, recalled consumer products on or through their sites. Today, the Chairman announced a ground-breaking voluntary consumer safety collaboration between the U.S. Consumer Product Safety Commission (CPSC) and Alibaba Group Holding Limited, the largest online and mobile commerce company in the world.”Alibaba’s Senior Vice President for Corporate Affairs on Wednesday praised the CPSC, saying the company is proud of the just-announced agreement.“Chairman Kaye is a strong leader with an excellent track record of results in protecting U.S. consumers,” Jim Wilkinson said in a statement. “We look forward to working collaboratively with the Chairman and his team to do everything possible to protect consumers.”

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The Startup that Wouldn’t Bite on $30M “Shark Tank” Tease

The Startup that Wouldn’t Bite on $30M “Shark Tank” Tease

Tony Rivetti/ABC(SAN FRANCISCO) -- The three sisters who rejected the biggest "offer" ever on ABC's Shark Tank don’t regret their decision not to sell their dating app, they said."Who knows? If we had those guys, maybe it could have been different. But at the end of the day, I think we are doing very well without those guys," Arum Kang told ABC News station KGO-TV in San Francisco.In the most recent episode of Shark Tank, season six, billionaire Mark Cuban offered the Kang sisters (Arum, Dawoon and Soo) $30 million to buy their company, Coffee Meets Bagel."We would not have accepted any buyout offers at this point, even from Mark Cuban,” chief operating officer Dawoon Kang told ABC News. “The reason is we know we can grow Coffee Meets Bagel to be a much bigger company -- this generation's Match -- and to sell our company right now, we would have sold ourselves short. We would have loved to have him as an investor though, because he is a very sharp tech investor and really knowledgeable in this field.”The sisters hoped to raise $500,000 in exchange for 5 percent equity in the company, which they say is distinct for its appeal to women."There is a saying out there that 'Once you attract women, men will just follow,' and this is totally true," Arum told KGO.The dating app is free for users, but makes money when customers use premium services. All Coffee Meets Bagel users sign up through Facebook, and are matched with mutual acquaintances at noon each day.

"One of the most popular features," the sisters said, is called "open sesame," which costs 95 "beans," and reveals who your mutual friends are."When we actually give you a match, who is a friend of a friend, there is actually a 47 percent more likely chance that the match, the introduction, will result in a mutual like," Dawoon told KGO.The company has raised $2.8 million in external funding so far, including from one of the co-founders of Match.com.Dallas Mavericks owner Cuban first said he didn't want to invest when the sisters wouldn't reveal the exact number of users they had, instead providing a range of 100,000 to 500,000.Though the "sharks" were impressed with Coffee Meets Bagel's revenue and fundraising, they declined to invest, expressing disapproval at their spending. On top of paying developers, the founders said they each earn $100,000 salaries a year. But they note that that's a "significant" pay cut from their previous jobs."Let me ask you a question," Cuban said to the sisters on the show, which was presumably taped last year. "If I offered you $30 million for the company, would you take it?"But the sisters declined the offer, pointing to Match.com's $800 million revenue in a year.In 2013, Coffee Meets Bagel made $87,000, the sisters said. In the first five months of 2014, the company made about $270,000. Last year, Coffee Meets Bagel forecasted making $1 million, the sisters said during the taping. In 2015, the company plans to make $10 million, but will break even while it spends more to acquire about four million users.Those users will generate about $2.50 each. At the time of the show taping, the customer acquisition cost was 30 cents. The company plans to spend about $3 million to $4 million on marketing spending, a slight increase, the sisters said.Cuban did not respond to ABC News' request for comment.

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