Why the end of MtGox is great news for Bitcoin February 25, 2014 The death of Bitcoin's most popular exchange couldn't have come sooner. MtGox is reported to have lost up to 744,408 Bitcoin – or around six per cent of all in circulation – as a result of problems with its own software. That's according to a currently unverified document, allegedly a leak from MtGox itself, after [...]
Carl Ichan just tore into EBay with an open letter February 24, 2014 Activist investor Carl Icahn has just put out a new letter, and his target is EBay, which he accuses as having "multiple lapses in corporate governance." Icahn says that he has "recently accumulated a significant position in EBay" as "there is great long-term value in the business." But things aren't all that rosy at the [...]
The US government could learn a lot from this guy February 24, 2014 News that a man tried to use a trillion dollar note to pay a restaurant bill should be taken very seriously in Washington DC. Michael Williams, 53, tried to pay for a meal using a trillion dollar bill last week after his debit card was declined, according to The State. Police were called to the [...]
Merlin to bring Shrek and Friends attraction to London February 24, 2014 Themepark company Merlin Entertainments and animation studio DreamWorks have announced the launch of a new "Shrek's Far Far Away Adventure" attraction. Based on the animated films, the attraction will join Merlin's five other brands – Legoland, Madame Tussaunds, Sea Life, The Dungeons, and The Eye. Shrek's universe is the most successful animated franchise of all [...]
Ukraine’s next government has 2 big challenges to face February 24, 2014 With Ukrainian presidential elections scheduled for May, the next government will have to return stability to an area that's seen mass protests since last November. The current government is unlikely to last beyond those elections. Former prime minister Yulia Tymoshenko has ruled herself out of the running for the current government, after being released from [...]
Dixons announces Carphone Warehouse merger talks February 24, 2014 Following recent speculation over a move, high street retailer Dixons has announced that it and Carphone Warehouse are in "preliminary discussions" over a possible merger. That's one way for Dixons to take a step into the mobile sector, something it's been looking to do for a while now. Shares in Carphone Warehouse and Dixons have [...]
MtGox’s Karpeles resigns from Bitcoin Foundation board February 24, 2014 Bitcoin exchange MtGox has resigned from its place on the Bitcoin Foundation board, according to a blog entry by Bitcoin Foundation executive director and board member Jon Matonis. The Bitcoin Foundation is a trade group with a mission to promote, standardise, and protect the popular cryptocurrency. Matonis says that the change is "effective immediately", and [...]
Ukraine puts out search warrant for former President Yanukovich February 24, 2014 The acting interior minister of Ukraine, Arsen Avakov, has put out a warrant for the former president of Ukraine, Viktor Yanukovich. Yanukovich was last seen in the Crimea on Sunday, travelling by car in a motorcade of 22 cars. The former President's whereabouts are currently unknown. He is wanted by police for the mass murder of peaceful [...]
The 3 best knockouts from Ukraine’s biggest presidential hopeful February 23, 2014 Leader of the Ukrainian opposition, Vitali Klitschko, has confirmed to ITV's James Mates that he is "very likely to stand for President". Standing at a towering 6'7" (2.01m), Klitschko is somewhat better known internationally for his history as a multiple worldheavyweight title holding boxer. Famed for his huge reach and nicknamed "Dr. Ironfist", Klitschko has [...]
What Fed chair Yellen was saying the day after Lehman went bust February 21, 2014 Back in September 2008, now Fed chair Janet Yellen attended a meeting of the Federal Open Market Committee as an alternate member. That meeting came the day after Lehman Brothers went bust. Here's what she had to say: During the past several weeks, my head office and Branch directors have become decidedly more pessimistic about [...]
