Source: Bloomberg

203 Stories

Bitcoin Foundation blames Mt. Gox for Bitcoin’s recent nosedive

Mt. Gox, one of the largest Bitcoin exchanges in the world, claims that it has uncovered a bug that affects all transactions and needs to be addressed outside the scope...

Bloomberg

Apple and Google join forces to ask the Supreme Court to stop patent trolls

Bloomberg reports that Apple, Google and 13 other companies are teaming up in an effort to convince the Supreme Court to make it easier to recoup attorneys fees stemming from frivolous...

Bloomberg

Family that founded Nintendo over a century ago wants to sell its shares

Nintendo is set to buy back as much as 7.4-percent of its shares from the family of Hiroshi Yamauchi, the company’s third president (out of four) and the grandson of...

Bloomberg

Tesla completes path of Model S superchargers from LA to NYC

Tesla's Superchargers, which can provide up to 170 miles of range with just a 30-minute charge, now cover trips between Los Angeles and New York. The somewhat circuitous route brings drivers...

Bloomberg

Apple receives damages claim of over $840 million for e-book price fixing

Apple has received a new damages claim of over $840 million dollars for conspiring with publishing companies to raise the price of ebooks across the entire industry. The claim, filed Friday...

Bloomberg

Twitter buys 900 patents from IBM to avoid potential patent battles

Twitter has acquired over 900 patents from IBM, a move likely intended to settle IBM’s claims that Twitter was infringing on at least three of its patents. IBM said Friday that Twitter acquired...

Bloomberg

Comcast and Charter are close to splitting Time Warner’s assets

Comcast and Charter are working out a deal in which Charter would acquire Time Warner Cable and then sell some of those assets to Comcast. Previously, Charter offered to buy Time Warner for...

Bloomberg

Qualcomm acquires over 1,400 patents from Hewlett-Packard

Qualcomm announced Thursday the acquisition of 1,400 patents and applications from HP, specifically from the computing giant's failed Palm smartphones and tablets division. Broken down, the total number of patents accounts...

Bloomberg

Nintendo reduces its 2014 sales forecast by 70%

It's not even financials season yet, but Nintendo is trying to lower expectations in advance. In statement today, it's announced that it's reassessed unit sales for its flagship Wii U...

Bloomberg

Microsoft adds Ericsson CEO to list of potential Ballmer successors

Microsoft is considering Ericsson CEO Hans Vestberg as a possible successor to outgoing CEO Steve Ballmer, according to Bloomberg. Bloomberg, which cited sources briefed on the software giant's executive search, did...

Bloomberg

Intel puts its new Arizona processor plant on hold

Intel has put on hold a new chip manufacturing facility at its site in Chandler, Arizona, leaving the new space available for unspecified future technology. The company said in February 2011...

Bloomberg

Chinese cars will be coming stateside soon

Would you buy a Chinese car? Chinese automakers sure hope so. China buys a lot of cars, sales in the country surpassed 20 million in 2013, but its domestic car industry is...

Bloomberg