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Google cancels staff meeting after Gamergate-style attack on employees
August 11th, 2017
Google cancelled a company-wide meeting on Thursday after several of its employees became targets of a Gamergate-style campaign of harassment by internet trolls angered by the firing of an engineer who had written a controversial memo about diversity. “We ...
Oil prices fell by more than 1 percent early on Friday
July 7th, 2017
Oil prices fell by more than 1 percent early on Friday, with U.S. crude futures dipping below $45 per barrel as news of a rise in U.S. production added to earlier reports that OPEC output was also on the ...
Teenage bitcoin millionaire can see the cryptocurrency’s value shooting as high as $1 million
June 22nd, 2017
If this teen entrepreneur, high-school dropout and bitcoin millionaire has any predictive powers at all, then we’ve hardly seen the top of the market for the hot cybercurrency. Meet Erik Finman, who started picking up bitcoin at $12 apiece ...
Bitcoin jumps more than 20% from June low
June 19th, 2017
In less than three days, bitcoin bounced more than 20 percent from its low of the month. Developers appeared to reach some agreement on a technological upgrade that threatened to divide bitcoin in two. Bitcoin remains more than 150 ...
Bitcoin move over – there’s a new kid on the blockchain
May 30th, 2017
The digital currency bitcoin has broken new records – surging by more than 245 per cent since the start of the year. In just five months, the price of one bitcoin rose from $1,331 to its all-time-high of $3,894 ...
Charges announced in insider trading scheme involving confidential U.S. Government information
May 25th, 2017
The Securities and Exchange Commission announced charges in an alleged insider trading scheme involving tips of nonpublic information about government plans to cut Medicare reimbursement rates, which affected the stock prices of certain publicly traded medical providers or suppliers. The ...
Year 2018 will come with significant changes in the rules for systematic internalisers, MiFID II and MiFIR
May 3rd, 2017
On 3 January 2018, significant changes in the rules for systematic internalisers will enter into force together with the revised Markets in Financial Instruments Directive II (MiFID II) and Markets in Financial Instruments Regulation (MiFIR). While the directly applicable ...
Oil price projections are so enigmatic right now
April 24th, 2017
Predictions range from a 20-percent reduction (to roughly $42 a barrel) to an exuberant 100-percent increase ($100) by next year. It’s enigmatic that perceptions of market experts are so enormously divergent with regard to the price of any commodity. ...
Amazon Just Won a $1.5 Billion Tax Fight
March 24th, 2017
Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the U.S. Tax Court rejected a variety of ...
Law firm in New Zealand invests $2 million in artificial intelligence
March 15th, 2017
Law firm MinterEllisonRuddWatts has invested $2 million in a joint venture exploring the potential use of artificial intelligence for legal services. Chief executive Mike Schubert, who is chair of the joint venture with angel investor Goat Ventures, said the ...