Internet entrepreneur Kim Dotcom's Mega Ltd intends to list in New Zealand by doing a reverse takeover of TRS, an inactive shell company, Reuters reported.
Legal & Regulatory
Credit card security firm says lawsuit filed against it on Target breach without basis
Chicago-based Trustwave Holdings Inc denied allegations on the lawsuit filed by two lenders that it managed Target's data security and processed the data of its cardholders, Reuters reported.
Sources say Mt. Gox employees confronted CEO about finances two years before seeking bankruptcy
Three people told Reuters that employees already approached Chief Executive Officer Mark Karpeles in 2012 about how the bitcoin exchange was protecting the money of its clients.
Tokyo District Court extends deadline for Mt. Gox investigation
The Tokyo District Court has extended the deadline of the investigation on the reason behind the failure of Tokyo-based Mt. Gox to May 9, Reuters reported.
Turkey blocks YouTube amid new government audio file leak
Just over a week after blocking Twitter, Turkey is now moving to shut down access to YouTube in a bid to stem off the source of corruption scandal and reputation-damaging leaks related to Prime Minister Recep Tayyip Erdogan.
Latest News
US President Barack Obama is getting ready to propose a legislation that will halt the bulk phone data collection of the National Security Agency (NSA) and instead let the agency procure individual court authorizations for every phone number to be investigated.
A new tax law in the UK that will take effect at the beginning of 2015 seeks to close a loophole that exempts online music, apps, and downloads from a 20% value added tax.
Bitcoin exchange platform Vircurex said it will stop withdrawals of digital currencies and freeze user accounts starting March 24, 2014, according to a statement on its website.
Southern California households are complaining that Verizon Communications Inc is not maintaining its traditional phone lines and forcing ratepayers to switch to Voice over Internet Phones, the Los Angeles Times reported.
US District Judge Jeffrey White of San Francisco ordered that the evidence related to the lawsuits filed by a privacy rights group against the NSA's surveillance operations be kept intact, Bloomberg News reported.
Heads of the six biggest Internet companies in the US met with President Barack Obama and senior White House aides to talk about the government's data collection practices, Reuters reported.
The Australian government is considering if it should surrender Peter Phillip Nash to the US authorities after he was indicted as one of the "small support staff" of alleged Silk Road founder Ross Ulbricht, Reuters reported.
The Federal Trade Commission and California Attorney General Kamala Harris said Facebook had the wrong interpretation of how COPPA applies to teenagers, the Los Angeles Times reported.
Investor GeorgePio filed a case against General Motors Co and Chief Executive Officer Mary Barra for its failure to take care of the faulty issues that led to the recall of over 3.1 million cars, Reuters reported.
