Mt. Gox, once the world's largest bitcoin exchange, filed for U.S. bankruptcy protection in Dallas late Sunday, a move that will temporarily halt U.S. legal action against the Japanese company. Mt. Gox, which filed for bankruptcy protection in Japan in February, said without U.S. protection it would spend substantial funds defending itself against a U.S. lawsuit seeking class action status that was filed in federal court in Chicago. A hearing in Dallas was scheduled for 1:30 p.m. local time on Monday to consider Mt. Gox's request to stay pending lawsuits against the company. The plaintiff leading the Chicago lawsuit was scheduled on Tuesday to ask a federal judge to freeze Mt. Gox's U.S.-based servers and other computer equipment and to set up a trust over Mt. Gox's assets.
EBay Inc on Monday rejected activist investor Carl Icahn's two nominees to its board, saying both were unqualified, and urged shareholders to vote against them at its next annual meeting. Icahn, who owns just over 2 percent of the e-commerce company, has been pressuring eBay for weeks to spin off its PayPal payments business. He has also repeatedly accused eBay of poor corporate governance. The billionaire nominated Icahn Enterprises LP employees Daniel Ninivaggi and Jonathan Christodoro, both of whom Icahn regularly nominates to boards.
By Leila Abboud and Gwénaëlle Barzic PARIS (Reuters) - Shares in French low-cost telecoms company Iliad soared 15 percent on Monday after it announced industry-beating sales and profit growth and signed what could be a transformative mobile network deal with larger rival Bouygues. Iliad, backed by tycoon Xavier Niel, stands to benefit from sector consolidation in prospect after media company Vivendi received two bids for the second-biggest French mobile service, SFR. Bouygues, which is one of the bidders, said on Sunday it had agreed to sell its entire mobile network and some of its spectrum to Iliad for up to 1.8 billion euros ($2.50 billion) to assuage regulatory concerns if Vivendi accepts its offer for SFR.
By Natasha Baker TORONTO (Reuters) - New smartphone apps that link to hearing aids are helping people with impaired hearing to pump up the volume on their devices or to use them as headphones to stream phone calls, YouTube videos and music. About 36 million American adults have some hearing loss, according to the National Institute of Deafness and Other Communication Disorders. But only a fifth of people who could benefit from a hearing aid wear one. "People will always need really good hearing aids, but moving forward, what will differentiate competitors will be connectivity (to smartphones), and it will need apps," Lars Viksmoen, chief executive of GN ReSound, a maker of hearing aids based in Denmark, said in a telephone interview.
Samsung Electronics Co's Galaxy S5 smartphone could get off to a slow start in South Korea as the flagship's launch next month will coincide with a 45-day ban on local carriers selling phones, analysts said. Samsung plans to start global sales of the S5 on April 11, with South Korea usually among the first countries to get a taste of the world's biggest smartphone maker's marquee products. But the communications regulator on Friday banned SK Telecom Co Ltd, KT Corp and LG UPlus Corp from signing up customers or replacing phones for dates ranging from March 13 to May 19. "The Korean market accounts for a relatively small portion of Samsung's overall smartphone sales, but given that they need to maximize sales in the first three months of the launch, the operation suspension of mobile carriers could hit initial S5 sales," said IM Investment & Securities analyst Lee Min-hee.
Privately held Proteus Digital Health, which is working with drugmakers including Novartis and Otsuka, said on Monday the new site would employ some 200 skilled staff and serve as a hub for the emerging digital medicine industry. The move was welcomed by Prime Minister David Cameron, who said it showed Britain's ability to attract high-tech companies. Proteus already has European and U.S. approval for its "smart pill" technology system, in which a tiny sensor is embedded in a tablet and linked to a patch worn on the patient's abdomen. Several teams within Britain's state-run National Health Service plan to test the benefits of using the sensor technology in various fields, including in treating hypertension, or high blood pressure.
Ghostery is an Internet browser plug-in that determines which companies are tracking you on every website you visit — and lets you do something about them. Tom's Guide stopped by Ghostery's booth at SXSW 2014 to learn more about how the program works. Still, Ghostery wanted to provide users with a way to see just how many eyes are on them, and to give them the option to do something about it.
Leon Cooperman, chief executive of hedge fund Omega Advisors, said Monday that he agreed with activist investor Carl Icahn's push for eBay Inc to spin off PayPal. "I give Carl a lot of credit for taking the time and showing the energy, and in this case, we happen to agree with him," Cooperman, an eBay shareholder, told CNBC television. "I think they should spin out a portion of PayPal," he added. Icahn, who owns just over 2 percent of the e-commerce company, has been pressuring eBay for weeks to spin off its PayPal online payments business.
As it stands today, Comcast is a massive service provider that controls home and business broadband offerings across a number of key markets. Following the company’s $45 billion acquisition of Time Warner Cable — should it gain approval from shareholders and regulators — Comcast will control a huge majority of the broadband market in the U.S. This seems like a fairly obvious statement, but two maps created recently by an Internet marketing firm give us a great visual representation of just how much of the country Comcast will control. Via Business Insider, WebpageFX has analyzed traffic data from each of the 50 states in the U.S. to determine which Internet Service Providers dominate the market in the each state. The following map shows the
For car lovers around the world, the annual International Geneva Motor Show is one of the most exciting and important events of the year. Many automakers use the event to show off the most exciting innovations they have to offer, and while the concepts on display in Switzerland each March don’t always become available to the public in the years that follow, they often give us a good idea of where things in the industry are headed down the road. And as is always the case, it’s just good old-fashioned fun to check out all of the crazy concept cars on display at the show every year. Companies including Audi, Volvo and Mercedes-Benz brought some stunning concepts to Geneva this year,
Bitcoin, the virtual currency that approximates cash on the internet, isn't easy to get. So people are building ATMs to dispense Bitcoin as well as dollars, Canadian dollars, and other real world money.
Sebuh Honarchian, a developer from Los Angeles, showed up at the South By Southwest Interactive trade show in Austin, Texas on Saturday because he heard there would be a Bitcoin ATM and he needed to pay rent. There are at least three companies making ATMs designed for Bitcoin, the virtual currency that approximates cash on the internet. The Robocoin ATM is relatively convenient compared to what people had to do before, which was show up at a trading event or use a website like LocalBitcoins to find someone nearby who would meet up and trade. The price of Bitcoin is also higher at the ATM than it is online, because of the convenience of using cash as well as the fees charged by the operators.
Have you been eager to watch House of Cards, but haven't wanted to spring for a Netflix subscription? If you're a Comcast subscriber, you no longer have to. The cable firm has reached a deal with Sony Pictures Home Entertainment that lets subscribers buy the first season of House of Cards through the Xfinity Store on their set-top boxes.
If Netflix, Amazon Prime and Hulu Plus are any indication, torrenting isn’t quite the destructive force many groups have made it out to be. BitTorrent is a popular alternative to legal streaming, buying and renting, but the abundance of poor quality torrents coupled with the unfriendly method of acquiring movies and TV shows through BitTorrent has kept a majority of viewers glued to their TVs, browsers and tablets. If watching a ripped movie was as easy as logging into Netflix, would the tides turn in the favor of torrents? The creators of Popcorn Time want to find out. TorrentFreak has drawn our attention to what could be the most legitimate threat to the online rental and streaming services yet: Popcorn
Forget peculiar smartwatches, geeky glasses and simple fitness bands, the future of wearable technology will include plenty of twists and turns that see this exciting new category expand into areas many people haven’t even considered at this point. Early use cases for the various wearable computing devices we have seen thus far have been pretty obvious for the most part — glasses that put a display in your field of vision, digital watches that connect to our smartphones, fitness tracking wrist bands that are little more than pedometers, and so on. But the future of this new category is indeed bright, and a recent analysis brings to light eight compelling use cases for wearable technology that will blow your mind.
Titanfall is strictly coiled around the player. You couldn't excise even one piece without slackening it like a ruined kidnapper's rope. The serpentine level design, the liberating sense of movement, the flawless controls and yes, the enormous bipedal tanks dropping from the sky, are equally indispensable in this arresting shooter.
Just days after it sought protection in Japan, once popular Bitcoin exchange Mt. Gox has been forced to file for bankruptcy in the US in the hope of climbing out of the huge hole it's found itself in. Still ...
T-Mobile and AT&T may be crawling over one another trying to offer better deals these days but Verizon has been mostly content to sit back and watch while offering the occasional price cut to keep its customers happy. Re/code reports that Verizon CFO Fran Shammo said at a Deutsche Bank technology conference Monday that he wasn’t at all worried about the price wars going on between AT&T and T-Mobile because he’s learned from experience that aggressively undercutting your competition’s prices is self-destructive in the long run. “We’re not going to buy customers,” Shammo said. “You have to earn customers.” In a lot of ways, it seems like Verizon sees itself as the Apple of the wireless world: It can get away with
Even for noir, the Veronica Mars series ended on a remarkably melancholy note. The titular teenage detective, played with giddy resolve by Kristen Bell, was hopelessly torn between her bad-boy true love and the college boyfriend who went with her to hell and back. The last time we saw her, Veronica Mars was walking alone in the rain. But in the sort of plot twist that the series pulled off so capably, Bell and series creator Rob Thomas used their social-media savvy to finance the film themselves.
Experimental musician Daniel Lopatin, also known as Oneohtrix Point Never, released an entirely emoji-based music video for his song "Boring Angel," the opening track on his newest LP. Emoji have been taking over recently, especially in music videos: Katy Perry used them in a lyric video for her song "Roar," and a fan video for Beyonce's "Drunk In Love" did the same. But Lopatin's music video, directed by John Michael Boling, clashes the simplicity of emoji with complicated electronic beats and melodies, making it uplifting, eerie, and gripping to watch.
At SXSW today, NSA whistleblower Edward Snowden will make his "first appearance front of a live audience" since he unveiled the under belly of the government surveillance program. Snowden will speak with the ACLU's Ben Wizner and Christopher Soghoian, but as the name suggests, this is a virtual conversation and he will not be appearing in person for the festivities in Austin. The ACLU is liveblogging the entire affair here at 12PM ET and a livestream will be posted over at The Texas Tribune.
The upcoming new YotaPhone, pictured above, shows us just how gorgeous a smartphone with an E Ink display can be. The device combines a full color display with an E Ink screen, allowing owners to extend the phone’s battery life and utilize the power-sipping E Ink panel for basic functions. But what if the handset did away with the color display entirely? This is the vision of European eReader maker Onyx, which on Monday showed off its MIDIA InkPhone smartphone, a handset that promises a remarkable two weeks of battery life per charge. “Low capacity of batteries is a weakness of modern smartphones,” Poland-based Onyx explained on its website. “Multitude of functions and applications causes increased energy consumption. We have
Shaquille O'Neal, probably thinking about how much he loves FitBit. Shaquille O'Neal: star of basketball, that weird movie Kazaam and also, according to SXSW, the world of wearable tech. Shaq sat down at the Austin Convention Center yesterday for a conversation with Qualcomm's Rick Valencia about wearables. Shaq isn't currently working on his own line of wearables or anything — he's basically just a guy who really likes to use Fitbit, and whose kids think Google Glass is pretty cool. To begin the talk, Mr. Valencia said he wanted to explore "Shaq's plan to dominate the wearable space like he dominates everything else."
Whatever scary threats HTC has been sending to people who have received developer editions of The All-New HTC One, it clearly isn’t working. While there are still two weeks to go before its official launch, The All-New HTC One has leaked yet again in a short video “review” of the device that shows off its basic build. The reviewer hilariously says that he won’t reveal specs for the device because he’ll “wait until HTC does that” even though he’s almost certainly breaking a nondisclosure agreement by showing a leaked video of HTC’s supposed-to-be-a-secret flagship phone. (And for the record we already know the device’s specs anyway: A Snapdragon MSM8974 2.3GHz processor, a 5-inch 1080p display, 2GB RAM, an UltraPixel rear-facing camera, a
As BlackBerry looks to pull itself out of the fire and regain its former glory, new chief executive John Chen has so far done a good job of convincing investors that BlackBerry’s chances of a meaningful turnaround are real. As noted in a recent BGR report, BlackBerry shares have been screaming so far in 2014, gaining 36% through the first two months of the year and outpacing the company’s top mobile platform rivals by a huge margin. According to comments made last week, however, Chen’s confidence might be starting to get the best of him. At the recent Oasis Montgomery conference in Santa Monica, California, Chen was asked about Apple’s success with the iPhone. The CEO immediately began joking about Apple’s
This is Shaquille O'Neal's second SXSW, and this year he stopped by Austin to talk about wearables. In a panel with Rick Valencia of Qualcomm yesterday, Shaq touched on the importance of activity trackers in keeping us fit. He's personally a fan of Fitbit, which he uses to help meet the goal of 10,000 steps per day, though he told us he's all for any device that keeps users active and motivated.
Samsung is bringing its faux leather plastic texture from the Galaxy line to its premium notebooks, namely the ATIV Book 9. While most specs and other details remain the same as the recently announced Book 9 (2014), Samsung has yet to announce a price for the 15.6-inch Ultrabook with the leather back, but we estimate it should come in at the same $1,889 as the model announced at CES this year.
NSA leaker Edward Snowden will be calling into SXSW Interactive for an interview later today, and you'll be able to watch the conversation live as it happens. The interview will be streaming over at The Texas Tribune's website, and those who miss it will be able to watch the replay afterward courtesy of the American Civil Liberties Union (ACLU). It's an ACLU representative who will be conducting the discussion today, with Snowden's legal advisor and another ACLU member moderating the chat — members of the audience in Austin will be able to ask questions too. ...
HBO’s nonchalant attitude regarding account sharing may have backfired last night. Because of overwhelming demand, HBO’s streaming service, HBO GO, essentially shut down for over an hour, according to many frustrated users. HBO GO’s official Twitter account promptly responded to the uproar, requesting that users “try again soon.” The service doesn’t have enduring issues very often, but the combination of a heavily hyped season finale, Matthew McConaughey’s recent Oscar win and the fact that detectives Cohle and Hart won’t be returning next year brought HBO GO to its knees. With the Game of Thrones season premiere just weeks away, we’re all hoping HBO can boost the infrastructure a bit to make sure those of us that miss the first few minutes can
Comcast customers can now watch House of Cards without a Netflix subscription. Thanks to a new agreement with Sony Pictures Home Entertainment, the cable provider is selling season one of the political drama series through its Xfinity Store. Netflix holds exclusive streaming rights for House of Cards, which has become a staple of its original programming lineup. But Sony manages international and home video distribution for the series;
HTC is doing some serious hype work for its upcoming All New HTC One, otherwise known by its codename M8. Case in point, the handset maker has released a new teaser trailer that points out the benefits of the smartphone's new rear camera. According to the video, the New HTC will improve on the current model's low-light capabilities, though HTC sensors any details on how it will do so.
Electronic Arts’ hotly anticipated game “Titanfall” hasn’t even been released yet, but one insider claims it has already helped Microsoft sell approximately 1 million additional Xbox One consoles. In the early days of this generation’s “console war,” Sony’s popular PlayStation 4 has taken an early lead. At last count, Sony had sold 6 million PS4 consoles globally as of early March. Meanwhile, the last official number we got from Microsoft was 3 million Xbox One consoles sold worldwide through the end of 2013. Some believe Microsoft’s silence speaks volumes, but a new report suggests Xbox One unit sales have ballooned dramatically thanks to the highly anticipated upcoming release of Titanfall. PlayStation news blog DualShockers directs us to a recent post
While you were busy running along walls and throwing missiles back at your opponents during the Titanfall beta, countless data centers across the world were making sure that each AI-controlled Titan bodyguard had your back. Much of the frenetic ...
Two passengers who boarded MH370 with stolen passports are believed to be from the Middle East after a Financial Times report revealed that the tickets were bought by an Iranian in the Thai resort town of Pattaya. The Financial Times exclusively reported that a Thai travel agent who booked the tickets for the men said she had been asked to...
Amnesty International accused President Bashar al-Assad's forces on Monday of perpetrating war crimes as part of a siege in southern Damascus which has killed nearly 200 people, mostly by starvation. Yarmouk, once home to hundreds of thousands of Palestinian refugees and Syrian nationals, is one of several districts on the edge of the Syrian capital which the army has surrounded to choke off rebel forces seeking Assad's overthrow. "The Syrian government has committed numerous war crimes as part of the siege of Yarmouk," Amnesty said in a report released on Monday.
RALEIGH, N.C. (AP) — The judge in the case against an Army general believed to be the highest-ranking U.S. military officer to be tried on sex assault charges is considering new evidence that a top lawyer at the Pentagon may have unlawfully interfered in a decision on whether to accept a plea agreement that was ultimately rejected.
An emotional Oscar Pistorius became physically sick in court on Monday as he listened to harrowing testimony about the autopsy of his girlfriend Reeva Steenkamp, whom he is accused of murdering. Sitting in the dock, the visibly shaken Paralympian retched and heaved into a blue bucket as a pathologist gave a detailed post-mortem account of the multiple bullet wounds Pistorius admits inflicting. University of Pretoria pathologist Gert Saayman said the double-amputee sprinter shot Steenkamp with "Black Talon" hollow-point bullets, which mushroom open like a jagged flower on contact to cause maximum tissue damage. Pistorius, 27, says he fired four shots at Steenkamp on February 14, 2013 through a locked toilet door, believing her to be an intruder.
EUREKA, Calif. (AP) — A very strong earthquake rattled the Northern California coast and was widely felt across the region, but authorities said early Monday that there were no reports of any injuries or damages.
Russia said Monday it will unveil its own solution to the Ukrainian crisis that runs counter to US efforts and appears to leave room for Crimea to switch over to Kremlin rule. The unexpected announcement came as Ukraine's new pro-European leaders raced against the clock to rally Western support in the face of the seizure by Kremlin-backed forces of the strategic Black Sea peninsula and plans to hold a referendum on Sunday to switch its allegiance from Kiev to Moscow. Russian President Vladimir Putin's threat to invade Ukraine after last month's ouster of a pro-Kremlin regime by pro-EU leaders has set off the most explosive crisis in East-West relations since the Cold War. US President Barack Obama and his European allies are urging Russia to call its Crimean troops back to their barracks and launch immediate negotiations with a Ukrainian leadership that Putin claims rose to power thanks to an "unconstitutional coup".
NEW YORK (AP) — In his most extensive comments about the 2012 Connecticut school massacre, the father of gunman Adam Lanza describes his struggle to comprehend what his son did — an act that "couldn't get any more evil" — and how he now wishes that his son had never been born.
NEW YORK (AP) — The trial of Osama bin Laden's son-in-law and al-Qaida spokesman after the Sept. 11 terrorist attacks is resuming Monday with the airing of testimony from a London resident who says he participated in a 2001 shoe-bomb plot.
WASHINGTON (AP) — Influential District of Columbia businessman Jeffrey Thompson was charged Monday with conspiracy to violate federal and local campaign finance laws by funding off-the-books campaign activity for candidates including Hillary Rodham Clinton and district Mayor Vincent Gray.
KIEV, Ukraine (AP) — Russia's Foreign Ministry on Monday denounced what it called lawlessness by far-right activists in eastern Ukraine, a statement likely to trigger alarms in Ukraine about possible Russian intervention there.
EUREKA, Calif. (AP) — A very strong earthquake that struck offshore rattled the Northern California coast and was widely felt across the region, but authorities said early Monday that there were no reports of any injuries or damage.
ANAHEIM, Calif. (AP) — A stage at a Southern California high school collapsed during a performance, sending 25 students to the hospital with mainly minor injuries, authorities said.
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