South Korea plans to ban cryptocurrency trading, rattles market

SEOUL (Reuters) – The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion. The clampdown in South Korea, a crucial source of global demand for cryptocurrency, […] Read more »

How the Government Hides Secret Surveillance Programs

In 2013, 18-year-old Tadrae McKenzie robbed a marijuana dealer for $130 worth of pot at a local Taco Bell in Tallahassee, Florida. He and two friends had used BB guns to carry out the crime, which under Florida law constituted robbery with a deadly weapon. McKenzie braced himself to serve the minimum four years in […] Read more »

Exiting Your Startup: The Grand Finale

Your company has finally achieved success. You’re finally looking to cash out on the effort you invested. Deservingly so, but you’re not done yet. The most critical stage is near-;the exit. Founders can’t simply hand over the reins in exchange for a handsome payday. It’s more complicated, as exiting is a strategic decision-;one that founders […] Read more »

Alibaba founder Ma says will 'seriously consider' Hong Kong listing

SHANGHAI/HONG KONG (Reuters) – Alibaba Group Holding Ltd (BABA.N) will “seriously consider” listing in Hong Kong, founder Jack Ma said, marking a potential boon for the financial hub which recently decided to move towards allowing dual-class share listings. Ma made the comments at an event in the city on Monday in response to remarks made […] Read more »

What's Behind This 24% Yield?

We last wrote about the popular InfraCap MLP ETF, (AMZA), in October ’17. At that point, it was trading at $8.51. We stuck a toe in the water, bought some units, collected a $.52 payout, and, as of 1/5/18 am, it was at $8.51. Normally, you might think, “OK, it’s a breakeven on the price, […] Read more »

The Mysterious Zuma Mission, SpaceX’s First Launch of 2018, Is Tonight

SpaceX’s first launch of 2018, the Zuma mission — which is scheduled for Sunday, Jan. 7 — will mark a rather mysterious start to what could be a high-flying year for the space company. As usual, SpaceX will livestream the launch on its website. The launch window opens at 8 p.m. Eastern U.S. time, or […] Read more »

Apple should address youth phone addiction, say two large investors

NEW YORK (Reuters) – Apple Inc shareholders Jana Partners and the California State Teachers’ Retirement System are urging the smartphone maker to take steps to address what they say is a growing problem of young people getting addicted to Apple’s iPhones, Jana partner Charles Penner said. Jana, a leading activist shareholder, and CalSTRS, one of […] Read more »

Google Is Struggling With Friendly Neighborhood Bike Thieves

Between 100 and 250 company bicycles are stolen from Google’s campus every week, out of a fleet of around 1,100 so-called Gbikes. Or maybe ‘borrowed’ is a better word than ‘stolen’ – it’s complicated. According to the Wall Street Journal, the bikes wind up in odd places, like schools, tavern roofs, and Burning Man. The […] Read more »

Amazon, Facebook, and Google to Join Legal Battle Over Net Neutrality

Internet giants Amazon, Facebook, and Google plan to throw their collective weight behind efforts to save net neutrality. The Internet Association, the industry’s primary lobbying organization, announced Friday that it plans to join lawsuits aimed at halting the Federal Communications Commission’s December action to repeal Obama-era net neutrality rules. Those rules banned internet service providers […] Read more »

Pro-Russia Twitter Trolls Take Aim at Special Counsel Robert Mueller

The dense network of pro-Kremlin Twitter accounts tracked by the group Alliance for Securing Democracy has spent the last year spreading chaos and discord about topics as diverse as NFL players refusing to stand during the national anthem and Al Franken’s alleged sexual misconduct. It was only a matter of time, then, before the troll […] Read more »