Ten days after being “outed” by Newsweek magazine as the mysterious creator of the digital currency Bitcoin, Dorian Nakamoto, has hired a lawyer and issued an unconditional statement denying any involvement in Bitcoin.
The 64 through his his lawyer, Ethan D. Kirschner of Los Angeles ,said in a statement, “I am writing this statement to clear my name. I did not create, invent or otherwise work on Bitcoin.”
In his categorical denial, Mr. Nakamoto said that he first heard the term Bitcoin last month from his son after Newsweek contacted his son.… Read More
Masayoshi Son, the founder of SoftBank, the Japanese technology and telecommunications giant, wants to change the landscape of American broadband, which he thinks is too expensive and slow.
In a speech at the United States Chamber of Commerce, Mr. Son said that American wireline and wireless broadband service is currently a monopoly or duopoly. He said this was basically “Pseudo-competition,” and not a real solution to having having competition and lowering prices. Mr. Son said he wants to help change all this.
Mr. Son’s speech, of course, was partly aim… Read More
Did the “Real” Satoshi Nakamoto come out? To have a say in the current debate about who the Bitcoin founder is. After a firestorm of criticism against Newsweek’s cover story of their “outing” of Dorian Prentice Satoshi Nakamoto as the Bitcoin founder, a person claiming to be the real Satoshi Nakamoto posted a response on the P2P Foundation‘s Ning page.
The person posted as Satoshi Nakamoto simply stated: “I am not Dorian Nakamoto.”
The simple and short posting is notable because it uses the same email address… Read More
RedMart.com, a Singapore based online grocer, today announces that it has hired Sanjeev Bijapur, formerly Lead Solution Architect at Tesco.com, to be Head of Indian Operations.
Tesco, the world’s second largest retailer, is also the leading grocery market leader in the UK. Based in Bangalore, Sanjeev is part of the Tesco Global IT Department reporting to the Tesco IT Head. For the past 5 years Sanjeev built and led the Tesco Direct Solution Architecture team in the Bangalore development centre and has been responsible for replatforming their IT systems. The ecommerce… Read More
The Indian Angel Network (IAN) is Asia’s largest angel network. It has over 250 investors spread across 10 countries.
SwiftShift enables companies to quickly fill short-notice shifts using their own staff through SMS, email, and mobile technology. SwiftShift is based in London, UK though is run by an Israeli.
IAN investment occurred after a pitching… Read More
An increasing number of businesses are realizing the benefits of employing employees working from different geographical locations rather than from the same building or physical location. They are able to hire meritorious men and encash their knowledge and expertise. This boosts their revenue and profits, lowers costs and enhances their productivity. They can provide quality services and products to their clients and customers.
But such gains can be earned only if an organization can effectively manage its team members and employees. Their management is a major challenge as these men are located in different locations… Read More
Gaana.com, India's largest online music broadcasting service with over 7.5 million unique visitors a month, is launching Gaana Developers' Platform for budding entrepreneurs to develop innovative music apps. The apps will provide the consumers a more enriching music experience apart from generating revenue for the developers. Interested developers can visit developer.gaana.com for more information.
Gaana.com, a product of Times Internet (TIL), country's largest digital network, will ensure that the developers need not worry about complex content licensing agreements or acquiring new users, as all of this will be handled by Gaana.… Read More
Samsung Electronics introduced two new smartwatches, the Gear 2 and Gear 2 Neo, and dropped the Galaxy branding from its first smartwatch, the Galaxy Gear. Today’s announcement also revealed that Samsung will use its own OS, the Tizen, an operating system that Samsung developed with several partners, instead of Google’s Android.
Samsung also said the new smartwatches will have a battery life of two to three days, an improvement over the Galaxy Gear, which got one day of battery life.
Samsung smartwatches are more companions to its smartphones than a standalone device. For instance,… Read More
Follo – the Celebrity Connect service from Times Mobile , launched its new offering, StarAuctions. While Follo enables the users to share & receive real-time updates about their favourite celebrities, the recently launched Star Auctions enables follo user to bid and buy memorabilia of their favourite movie stars.
At the launch event yesterday, Puneeth RajKumar (PRK) was the guest of honour and he unveiled the first StarAuctions item for bidding. The first item on bid is the famous SKELETON BIKE used by PRK in his blockbuster movie, Anna Bond. Fans of PRK can bid… Read More
Herbalife Ltd, the nutrition products company, raised its forecast for the first quarter of 2014 on strong sales growth in China.
The forecast was raised as the company's China sales rose more than 120 percent in the fourth quarter of 2013. The firm adjusted profit of $1.25 to $1.29 per share in the first quarter this year. Prior, it forecasted $1.24 to $1.28 per share.
Direct sales models have recently come under fire in China. The Chinese authorities launched a probe into Herbalife rival NU Skin Enterprises Inc last month after state… Read More
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