IRS Bitcoin ruling: it’s property, not currency

Among the issues surrounding Bitcoin, the question of how it should be handled when it comes to taxes has been oft-asked with no answer in sight. That ends today, with … Continue reading

Amazon settlement credits arrive in Kindle accounts today

After a long wait, the anticipated Amazon refund for certain Kindle customers is arriving in applicable accounts today in the form of an automatic credit. Not everyone will be seeing … Continue reading

Acer investigation leads to spokesman’s detainment

The New Taipei District Office has announced the detainment of Henry Wang under an investigation into allegations of insider trading. The Wall Street Journal reports Wang as a “longtime spokesman” … Continue reading

Apple is Silicon Valley’s most valuable brand

Apple has the most expensive brand not just in the whole world but especially in its hometown of Silicon Valley. While that fact is probably already well-known, it is always … Continue reading

Pandora scores ASCAP rate victory in ruling

Pandora and the music industry have long been engaged in a spat over what kind of rates the Internet radio service should be paying out. In a recent ruling, Judge … Continue reading

Bitcoin’s alleged founder denies claim [UPDATE]

Earlier today, a Newsweek report claimed to have unmasked the creator of bitcoin, drawing both interest and criticism for what some feel is an excessive invasion of privacy and questionable … Continue reading

Mt. Gox to field inquiries via call center in Japan

Embattled former Bitcoin exchange Mt. Gox is undoubtedly being hounded by questions from investors and users. The company has seemingly been forced to setup a dedicated call center in Japan … Continue reading

Sony planning to sell former Tokyo headquarters

Following Sony’s announcement that it will be closing down most of its retail stores, word has surfaced by way of The Wall Street Journal that the company plans to sell … Continue reading

Mt. Gox files for bankruptcy, has $63.6 million in debt

Bitcoin has been the most popular of the virtual currencies for a while now with a single coin worth hundreds and hundreds of dollars in the US. Things started to … Continue reading

Facebook to acquire WhatsApp

According to a regulatory filing that has just surfaced over at the SEC’s website and an official statement from the social network, Facebook is acquiring the popular messaging service WhatsApp … Continue reading