After selling Mt. Gox to French entrepreneurs in 2011, the Bitcoin exchange's original creator Jed McCaleb is already working on another Bitcoin-related project.
Japan
Japanese Internet services firm Rakuten opens first European R&D facility in Paris
Tokyo, Japan-based Internet services company Rakuten Inc opened its first European research and development (R&D) facility in Paris, France, which is called the Rakuten Institute of Technology.
Sony surpasses PS4 sales target by selling 5.3M units in 3 months
Tokyo, Japan-based electronics giant Sony surpassed its sales target for the PlayStation 4 by selling 5.3 million units worldwide just three months after the latest game console went on sale.
Mt Gox remains closed while rival Bitcoin exchanges resume withdrawals
Bitstamp and BTC-E paused Bitcoin withdrawal from their exchanges starting last week because of a potential glitch but have already resumed withdrawals while Mt Gox, the biggest Bitcoin exchange, still remains closed until now.
Protocol flaw, exchange shutdown, and $2.7M heist prompt speculations about Bitcoin's end
With Bitcoin encountering a series of problems lately, including withdrawal halting of exchanges, a $2.7 million heist, and a flaw in the Bitcoin protocol, speculations abound that the Bitcoin is coming to an end soon.
Latest News
State-backed fund Innovation Network Corp of Japan (INCJ) entered an agreement to pick up a 20% stake in Kyoto-based robotic hand maker Squse Inc for JPY500 million ($4.9 million), according to three sources familiar with the matter.
The value of digital currency Bitcoin plunged 21% to $619 from $783 after Tokyo, Japan-based exchange paused its trading because of an increase in withdrawal requests.
Fidelity Worldwide Investment's Head of Asian Fixed Income Sabita Prakash has left the firm, according to a source interviewed by Reuters and confirmed by a company spokesman.
Tokyo, Japan-based Bitcoin exchange Mt Gox announced on its site that it temporarily halted Bitcoin withdrawals to resolve a technical problem that arose from the increased withdrawal traffic.
Japan-based Sumitomo Corp agreed to acquire Australia-based Emerald Agribusiness Group Pty. The purchase allowed the Japanese trading firm to control the storage facilities and export terminal of Emerald, Bloomberg reported.
Tokyo, Japan-based incubator and investment firm Netprice.com Inc is planning to invest $500,000 to $4 million in three or four mobile and web startups in India this year, according to The Economic Times.
Sony Corp is discussing with buyout firm Japan Industrial Partners for a potential sale of its loss-making Vaio personal computer business, a source interviewed by Reuters said.
Sony Corp said the NHK report that it was talking Chinese technology firm Lenovo Group about a joint venture for its Vaio business abroad was not accurate but did say that it was thinking of possibilities for the loss-making unit, Reuters reported.
European real estate asset manager SEB Asset Management bought ten-storey office and commercial structure Primegate, which is valued at JPY 5.5 billion (around €39 million).
