11 March 2014

Mt. Gox, bitcoin fraud or hacking victim?

Questions are being asked that implicate Mt. Gox management in the bitcoin currency exchange collapse --

Hackers allege Mt. Gox CEO still controls 'stolen' Bitcoin | ZDNet: "Following the closure of Mt. Gox and the theft of Bitcoins worth millions, anonymous hackers claim to have published evidence that customer Bitcoin is not missing -- but instead is held at the heart of attempted fraud...."

Mt. Gox Seeks U.S. Court Protection During Japan Bankruptcy - Businessweek"...“The facts known to date indicate that it was caused or related to a flaw in the software algorithm that underlies bitcoin, and ‘hacking’ attacks of one or more persons,” Mt. Gox Chief Executive Officer Mark Karpeles said in a sworn statement filed yesterday in Dallas. The Tokyo-based exchange filed for bankruptcy in a Japanese court at about the same time it was sued by an Illinois resident accusing it of misappropriation and fraud in U.S. court in Chicago. The U.S. bankruptcy case is In re MtGox Co. Ltd., 14-bk-31229, U.S. Bankruptcy Court, Northern District of Texas (Dallas). The lawsuit is Greene v. Mt. Gox Inc., 14-cv-01437, U.S. District Court, Northern District of Illinois (Chicago)...."

Google to Offer Android for Wearables
Wall Street Journal (blog)
Google executive Sundar Pichai told the South by Southwest conference Sunday that the company plans to release in two weeks a software development kit based on Android for makers of wearable devices, such as smartwatches. Google plans to release its ...


Google's Pichai touts wearables SDK, 'APIs for hardware'
CNET
When it comes to auto manufacturers implementing Android, Pichai noted that in today's world, many choose to stick to Apple's iOS. But he likened that approach to walking into a hotel and finding that an in-room stereo system only works with iOS devices.

Google Searches for an App Role
Wall Street Journal
A year later, the company said the ads had driven over 145 million app installations from the Google Play Store and Apple's App Store. The ads appear in the news feed of Facebook's popular mobile app and have proved particularly appealing to game ...

Microsoft, HP blaze business tablet trail
CNET
Hewlett-Packard and Microsoft think the tablet is more lean forward than lean back. Are they right? The PC has one (at least) distinct advantage over Apple. Windows 8.1 isn't a mobile operating system like iOS. In other words, the same 64-bit Windows 8 ...

Apple's long IRS-Irish history
ZDNet
The talk around Apple's taxes appeared to be everywhere this past weekend: from the Internet to angry jokes on the radio. There were new reports of Apple shifting billions from Australia to Ireland, and discussion around soon-to-retire CFO Peter ...

Google Reaps Tax Breaks in $1.4 Billion Clean Energy Bet: Tech
Businessweek
On a Northern California farm where silage for animal feed once grew, Google Inc. (GOOG:US) is generating power from more than 100,000 solar panels to heat nearby homes - - and double down on an area of energy many investors shun. The Galt solar ...

Apple, Android Continue to Lead Smartphone Market: comScore
eWeek
Android ranked as the top smartphone platform in January with 51.7 percent market share, followed by Apple with 41.6 percent (up 1 percentage point), BlackBerry with 3.1 percent,Microsoft with 3.2 percent and Symbian with 0.2 percent. Google Sites ...

Will Apple's CarPlay And Connected Car Technology Mean A Bumpy Ride For ...
Forbes
Apple debuted CarPlay—a rebranded “iOS in the Car” initiative–at the Geneva International Motor Show last week and like all things Apple, it was a high-profile, high-end entrance to a sector that is ripe to be remade. Its partners for its connected ...

Google faces $5B antitrust fine in India — but this time it can't settle
ZDNet
Just as Google's antitrust case in the European Union wraps up after the two agreed on a settlement package, the search giant faces similar hefty fines for alleged antitrust behavior in India. Read this. Nokia, Microsoft deal to close despite India tax ...


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