All articles tagged with #deposit
OnePlus is allowing consumers to reserve its first Android tablet, the OnePlus Pad, before its release by preordering it with a $100 deposit. The catch is that customers won't know the full price of the tablet until April 25th, but the deposit is fully refundable. Those who preorder will receive a free gift, either the OnePlus Folio Keyboard or the OnePlus Stylo, and can also bundle items for a discount.
OnePlus has opened up "early bird" reservations for its first Android tablet, the OnePlus Pad, with a $100 deposit, but without revealing the cost of the device. The tablet features an 11.61-inch 144Hz display, 8-12GB of RAM, 128GB of storage, a 9,510 mAh battery, and MediaTek’s Dimensity 9000 flagship chip. The deposit is fully refundable, and the only way to buy the tablet is to put in an order with the remaining cost between April 25 and 27. The tablet won’t start shipping until May 8. Accessories such as a stylus and a keyboard folio case are also available.
Jacob Garlick won the auction for the Flatiron Building with a bid of $190 million, but failed to provide the required $19 million deposit, leading to the property likely heading back to auction. Bidders were not required to put down any deposit before participating in the auction, which is highly unorthodox. The property was put up for auction due to a dispute between its majority owners group and Nathan Royce Silverstein, who owned 25 percent. It is unclear why attorneys for the feuding property owners or the judge didn’t require a deposit up front.
Bill Ackman, the activist investor, has expressed concern over the risk of financial contagion spiraling out of control after the largest US banks deposited $30bn with First Republic Bank. Ackman said that spreading the risk of financial contagion to achieve a false sense of confidence is bad policy. He added that half measures don't work when there is a crisis of confidence and that he has no investments long or short in the banking sector.