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Bitcoin exchange shuts down after funding failure

Bitcoin exchange shuts down after funding failure Harborly, a North American bitcoin exchange has shut down little over a year since its inception, with the firm failing to find a new investor, according to a company announcement. The cryptocurrency start-up claimed to be a cheaper and more user friendly bitcoin […]


Amazon reclaims e-commerce crown from Alibaba

Amazon reclaims e-commerce crown from Alibaba » PaymentEye A slowdown in the Chinese economy and surprising second quarter results from Amazon means that Alibaba is no longer the most valuable e-commerce market place. Bloomberg reports that the American marketplace has overtaken the Chinese retailer, after quarterly reports revealed the values of […]


SEC joins German investigation of Ford

SEC joins German investigation of Ford: source BERLIN The corporate logo of Ford is seen at a Ford branch in Caracas March 27, 2015. REUTERS/CARLOS GARCIA RAWLINS The United States’ securities watchdog is helping German prosecutors to investigate the alleged payment of bribes by Ford (F.N) to speed the passage […]


Canada is New Zealand’s largest source of foreign direct investment

Canada is New Zealand’s largest source of foreign direct investment by David Wormley Auckland Skyline, New Zealand Investment in many countries is led by economic powers like the United States, the United Kingdom and China, or in other cases by jurisdictions popularly used for holding companies. Somewhat surprisingly, foreign investment in […]


Berkshire Hathaway hints at new purchase

Berkshire Hathaway hints at new purchase, ups Charter stake BY JONATHAN STEMPEL Berkshire Hathaway CEO Warren Buffett plays bridge during the Berkshire annual meeting weekend in Omaha, Nebraska May 3, 2015. REUTERS/RICK WILKING Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Friday said it boosted its stake in cable TV operator […]


America’s oldest CEO

America’s oldest CEO puts his Dole buyout to a high-stakes test BY TOM HALS Coffee trees (front row) are seen at Dole Food Company‘s Waialua coffee and cocoa farm in Waialua on the North Shore of Oahu, in Hawaii November 9, 2011. REUTERS/YURIKO NAKAO Any day now, David Murdock, the […]


HTC declared effectively worthless

HTC declared effectively worthless; LG’s profit margins fall to a penny a phone | ExtremeTech HTC declared effectively worthless; LG’s profit margins fall to a penny a phone By Joel Hruska on August 10, 2015 at 1:00 pm 101 Comments Android phone manufacturer HTC has been floundering for several years, […]


Lebanon’s flourishing startup hub

How to start a company in Lebanon’s flourishing startup hub by Aidan Healy Lebanon, and more specifically its capital Beirut, is the home to an increasing intensity of startup activity on the Middle East’s Mediterranean coast. Perhaps there is something in the water, as the coastal Israeli city of Tel Aviv […]


Automakers feel China heat

Automakers feel China heat as buyers burnt by stocks rout desert showrooms BEIJING | BY JAKE SPRING A woman walks past Mercedes Benz cars displayed for sale outside a store in Beijing, China August 11, 2015. REUTERS/JASON LEE The great Chinese stock slump that first whacked luxury car sales is […]