Finance Update: Bitcoin, the War on the Poor, AstroTurf by the Rich, and More
- Dr. Roy Schestowitz
- 2014-03-01 13:35:30 UTC
- Modified: 2014-03-01 13:35:30 UTC
Bitcoin
-
Bitcoin, the emerging if still somewhat mysterious digital currency, may be coming soon to a high-tech ATM near you.
Kiosks that allow people to buy the virtual coins, or exchange them for cash, will be installed within the next month or so in Seattle and Austin, Texas, according to Robocoin, the Las Vegas-based company that makes the machines.
-
Bitcoin is big news again. The digital cryptocurrency is on the frontpage of every major newspaper. This week its price collapsed because the largest exchange on the network did not handle a known design flaw in bitcoin properly, which caused widespread disruption and possibly some loss of bitcoin. As a precaution, several exchanges had to close their virtual doors till further notice.
-
Feb 28 11:27 - A class action lawsuit has been filed that sues Mark Karpeles, MtGox Inc (US), MtGox KK (JP), and Tibanne KK (JP) for pretty much all of the above.
US
-
What's worth keeping an eye on is whether the Sam's Club layoffs are a symptom of much larger problems at Wal-Mart. The company has been a giant of retail for decades, but there are signs that its reign is coming to an end.
-
Wal-Mart (WMT) reported today and by now, most people who follow the stock are aware of the highlights: EPS before special items, at $1.60, beat estimates by a penny; revenues fell short of estimates; same-store sales and traffic fell.
-
A plan to clear homeless people from New York City subway trains in a pre-dawn Monday operation by police and transportation officials was abandoned amid pressure from campaigners.
Dozens of homeless men and women sleeping on the seats of E line trains as they rolled into the World Trade Center terminal in the early hours were left alone, despite warnings that they would be asked to leave so cars could be cleaned.
“It was postponed,” Kevin Ortiz, a spokesman for the Metropolitan Transportation Authority, told the Guardian. “We decided not to go ahead. I can’t give you a specific reason why it was postponed. But it may well take place in the future”.
-
A group of fired-up activists in Portland, Ore., who were tired of seeing homeless people being mistreated staged the kind of protest that will be difficult for the mayor to ignore.
-
The instant messaging service connects millions, but its record-breaking sale won't generate new jobs
-
America’s wealthy increasingly inhabit a different country from the one “they” inhabit, and America’s less fortunate seem as foreign as do the needy inhabitants of another country.
The first step in widening the sphere of “we” is to break down the barriers — not just of race, but also, increasingly, of class, and of geographical segregation by income — that are pushing “we Americans” further and further apart.
UK
-
The formerly homeless are increasingly trapped in homes riddled with damp and infested with rodents after ministers gave councils powers to force those without a roof over their heads into rented accommodation rather than wait for a council house, a report by Britain's biggest housing charities has found.
-
Quietly and without notice, Britain has surrendered control over its trade with Iran
Central Europe
-
One of the favourite parts of my job is meeting young ICT and web entrepreneurs - who are creating new apps and services that benefit us all. Our Startup Europe programme was designed to support this group - as you can see in my earlier blog post – but it's also a way of encouraging more young people to get involved and see digital entrepreneurship as a viable career path.
AstroTurf
-
Records obtained in 2011 from the office of Ohio Rep. John Adams, the ALEC public sector chair for the state, show how he worked closely with ALEC's Ohio private sector chair, Time Warner Cable lobbyist Ed Kozelek, to raise funds for the national ALEC meeting held in Cincinnati in April 2011.
-
The gig is up for the everyone's favorite deficit fetishists, Simpson and Bowles. It starts great with the headline: Anti-debt group finds itself in red.
-
A year and a half after launching with much fanfare, a group affiliated with fiscal watchdogs Erskine Bowles and former Sen. Alan Simpson is nearly broke.
Misc.
-
The first part of this clip is about why a lot of the good jobs are gone (hint: it rhymes with whoa-balization), and the second part gets to the point about where things are made and what countries benefit. Economist Robert Reich shows us, and it's a little ... scary.
Recent Techrights' Posts
- Weaponisation of For-Profit Dockets - Part I: Hiding Behind Lawyers (or Guns for Hire) After Abusing Many People and Even Strangling Women While Microsoft Paid Salaries
- This whole thing is very typical of the Microsoft and Bill Gates mindset
- From EPO to "MAGA Regime": A Shift Away From Reality to Fake News and False Metrics
- Disbelief in itself isn't a bad thing; but the problem is that people are taught to believe rich people in suits more than they believe others
- Skype is Officially Dead Today and This is Why People Should Use Free Software Instead (Goodbye, Microsoft)
- It's also a good reminder of why people should move to GNU/Linux
- 'Simple Articles' in MyGemini Just One of Many New 'Sites' in Geminispace
- Geminispace has grown fast lately; it's turning 6 next month
-
- Thanks for listening. How can this Morse feed be further improved?
- Right now any and all feedback on the audio would be helpful
- statCounter: Bing's Market Share Lower Right Now Than It Was When LLM Hype Began (With "Bing Chat")
- If anybody gains at Google's expense in search, it is BRICS' alternatives such as Yandex
- Gemini Links 06/05/2025: Failure and Proxmox Cluster
- Links for the day
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Monday, May 05, 2025
- IRC logs for Monday, May 05, 2025
- Links 05/05/2025: TikTok Still a Romanian Woe/Foe, Signal Perils Showing
- Links for the day
- Gemini Links 05/05/2025: Debian and GNOME and a "Welcome to Simple Articles"
- Links for the day
- Links 05/05/2025: US Economy Shrinks, US Presidency Spreading Deepfakes
- Links for the day
- Links 05/05/2025: Breaches, Environment, and Conflicts
- Links for the day
- SUSE the Company Now Uses LLM Slop to 'Write' Its Blog, What Does That Tell Us About SUSE?
- There are many giveaways
- Richard Stallman is in Alicante Today to Give a Talk, Czech Republic in Two Days (Wednesday)
- Of course he can deliver the talk in Spanish
- Gemini Links 05/05/2025: XL Bullies and Luddites
- Links for the day
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Sunday, May 04, 2025
- IRC logs for Sunday, May 04, 2025
- Links 04/05/2025: Science, Conflicts, and Monopolies
- Links for the day
- GNU/Linux Above 7% in Bulgaria, Rising Just Like in Most of Europe
- Up to 7%, not counting Chromebooks
- Data Shows Largest EU Economies Shifting to GNU/Linux
- all-time highs
- statCounter Says Only One in 6 Web-Connected Clients in Hungary Are Using Windows, iOS Almost Bigger Than Windows Now
- Hungary is a cautionary tale in the world of European (or Russian) politics
- Many Reports About Microsoft's Financial Report/Performance Are False, Fake News, Churnalism/Parroting, and LLM Slop (Machine-Generated Lies)
- Even if you see a thousand sites saying that Microsoft is performing well ask yourself why the company is rushing to fire tens of thousands of workers and cancelling datacentres
- Links 04/05/2025: FCC Turning Into MAGA’s Censoring Machine, SEC Pressured to Delist Chinese Companies
- Links for the day
- Gemini Links 04/05/2025: Historical Artifacts and Date Calculations in POSIX Shell
- Links for the day
- In the First 3 Months of 2025 GAFAM Debt Rose by More Than $14.4 Billion
- That's based on their official statements
- 10-Step Strategy to Get BRETT WILSON LLP ("Gun for Hire"), Microsoft's Serial Strangler, and the Serial Defamer to Compensate Techrights and Tux Machines for Years of SLAPPs and Abusive Litigation
- There's no room or capacity for forgiveness here; enablers and protectors of crime need to be scuttled and pay up in full
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Saturday, May 03, 2025
- IRC logs for Saturday, May 03, 2025