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The New Chip-Equipped Credit Cards: Safer, And (For Now) More Confusing

Credit-card issuers are racing to get new cards with embedded chips into customers’ hands. But merchants aren’t ready for the shift.

If you live in the U.S. and have a credit card, you’ve almost certainly received a replacement card out of the blue in the last three months, often paired with an elaborate explanatory booklet. Your new card, the booklet explains, features a special chip that will protect your transactions more effectively, reduce fraud, and make your life better. The first two parts of that statement, at least, are true.

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Staff Recommender: Tyler Adams, Who Can Identify Every Country From Its Amorphous Blob

The best things on the Internet this week, curated by Fast Company employees.

Tyler AdamsPhoto: Celine Grouard for Fast Company

Name: Tyler Adams
Role at Fast Company: Web developer. I help build and maintain the functioning and appearance of this beautiful site.
Twitter: @tyleraadams
Titillating Fact: I spent time in Kampala, Uganda interviewing members of gay and lesbian groups for a research project shortly before legislation was proposed to make homosexuality an act punishable by life in prison. Even then, we were careful during interviews to speak softly in public, so as to not endanger anyone. Fortunately, that legislation was recently ruled unconstitutional by the Ugandan Supreme Court.

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Spotify’s Privacy Gaffe Was Poor Messaging, Not Bad Policy

After the backlash over its privacy policy, Spotify has apologized. Could it have avoided this headache with a clearer message?

Spotify apologized to users this afternoon after a recent change in its privacy policy sparked a strong backlash. CEO Daniel Ek’s wordy explanation was apparently enough to assuage some high-profile users, many of whom were threatening to quit the service. But was this fiasco really a case of a misstep in policy, or just bad messaging?

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How An App And Some Coupons Can Tame Urban Congestion

Metropia helps cities reduce car traffic by giving people incentives to tweak their driving habits.

There are two competing approaches—both very expensive—to solving traffic problems: Build more roads, or build more public transit. Yi-Chang Chiu, a professor of transportation engineering at the University of Arizona, has another idea: Hand out gift cards.

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Six Millennial Entrepreneurs Share Their Lessons From Early Failure

You can’t achieve success early in life without also getting over failure fast. Here’s what everyone can learn from the ambitions of youth.

Wisdom often comes with maturity, but a growing number of young entrepreneurs are proving that age doesn’t matter when it comes to achieving success. In the new book 2 Billion Under 20: How Millennials Are Breaking Down Age Barriers and Changing the World, coauthors Stacey Ferreira and Jared Kleinert share the stories of 75 ambitious entrepreneurs who started with an idea and turned it into reality.

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