PayPal warms up to Bitcoin
PayPal said on Tuesday that it was partnering with GoCoin, Coinbase and BitPay to allow its merchants to accept Bitcoins for online games, downloadable...
Man in Ohio raised $55,000 in a joking crowdfunding appeal to help him make...
Perhaps this is crowdfunding at a new level. A man in Ohio raised a staggering $55,000 in a joking crowdfunding appeal to help him...
Civeo Corp relocating to Canada to reduce taxes
The Houston based Civeo Corp., which provides lodgings for workers in Alberta’s oil sands, has announced its plans to relocate its headquarters to Canada...
Royal Bank of Canada will not spin off its US proprietary-trading business
The Royal Bank of Canada will not be spinning off its US proprietary-trading business into a hedge fund after American regulators rejected their proposal.
It...
Fat finger error ordered $600 billion in stocks and then cancelled, Japan
Stock markets in Japan received a jolt when a ‘fat finger error’ sparked over $600 billion worth of orders and then cancelled them. An...
IAMGold Corporation selling Niobec mine for $500 million
International gold producer IAMGold Corporation announced on Friday that it had reached a deal with a group of companies led by Magris Resources Inc....
Mexico opening up oil industry to foreign companies
Mexico is in the process of opening up its oil industry to foreign companies for the first time in seventy-five years.
On December 12th, the...
Plastic banknotes to be issued, says Bank of England
Plastic banknotes will replace the current cotton paper £5 and £10 ones, the Bank of England has announced. Banknotes means paper money, which in...
Open Collaboration will likely grow and displace traditional organizations
Open collaboration – which created Wikipedia, Bitcoin and TEDx – is likely to spread and progressively replace traditional organizations, researchers from Emory University and...
Predatory lenders played minor role in subprime mortgage crisis
Predatory lenders, who were blamed as one of the major factors for the subprime mortgage crisis, in fact only played a minor role in...