legal

Mt. Gox files for bankruptcy, has $63.6 million in debt

Mt. Gox files for bankruptcy, has $63.6 million in debt

Bitcoin has been the most popular of the virtual currencies for a while now with a single coin worth hundreds and hundreds of dollars in the US. Things started to go wrong for one of the largest bitcoin exchanges over the last few months. Earlier this month the exchange stopped bitcoin withdrawals blaming a technical issue that made it possible for nefarious users to introduce fraud into the system.

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Webcam spy program grabbed secret stills of millions of Yahoo users

Webcam spy program grabbed secret stills of millions of Yahoo users

A clandestine security program run by the UK's surveillance agency GCHQ with the aid of the NSA captured and stored still images of millions of global webcam users, a new document leak suggests, part of a sweeping monitoring program that required no suspicion of guilt around those impacted. Optic Nerve - which in one six month period alone is said to have captured and stored more than 1.8m Yahoo accounts around the world - ran between 2008 and 2012 at least, grabbing a still every five minutes to create a privacy-intruding digital "mugshot" book security services could later use.

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Bitcoin ban sought over economy concerns

Bitcoin ban sought over economy concerns

The future of Bitcoin has become uncertain in recent times, with Mt. Gox finding itself the source of controversy in recent days and its closure spawning the mass-sale of the digital currency, leaving many spooked and possibly leery over future involvement with the unregulated and oft-stolen funds. Following this hoopla, D-W.Va. Senator Joe Manchin has moved forward with a call to have the cryptocurrency banned.

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King seeks to abandon US “candy” trademark

King seeks to abandon US “candy” trademark

King, the maker behind Candy Crush Saga, found its purpose in life back in 2012 with the advent of its aforementioned game, which went on to earn extensive popularity amongst mobile gamers. The company has experienced increased criticism and controversy in recent times, however, spurred by its trademarking of the generic word "candy" and legal targeting of games with similar names, among other things. At least part of that controversy will soon disappear, however, with King filing to abandon its "candy" trademark in the United States.

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Google lobbying against Glass driving bans

Google lobbying against Glass driving bans

Google is fighting back against threats that Glass could be banned from use by drivers, lobbying US state officials in the hope of more nuanced guidelines than an all-out block on in-car wearable tech. The safety of head-mounted displays like Glass made headlines last year, after one "Glass Explorer" early-adopter was ticketed for distracted driving after being pulled over for speeding and found to be wearing Google's experimental gadget.

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