Developers have modified the open source Bitcoin software and released a new version to resolve the transaction flaws and to prevent a Mt Gox-like incident from happening again.
North America
Warren Buffet wins $1B bet on Quicken Loans Inc NCAA contest
Warren Buffet emerged as the winner on the bet he made on a Quicken Loans Inc contest that no individual would be able to correctly predict the winner of each game in the NCAA men's basketball tourney, Bloomberg reported.
FTC and California say Facebook gave wrong interpretation on online teen privacy
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 files case against GM and CEO for failure to address previously known defects which led to recall
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.
Turks having more difficulties going online after Twitter ban
Turks are now facing a new challenge getting access to the Internet after courts banned Twitter as alternative DNS numbers that were used to access the Internet were not anymore working, Reuters reported.
Latest News
Chicago, US-based digital interactive application developer elevate DIGITAL scored an additional $3 million in its Series A funding round from SFX Entertainment to expand into new markets.
The One World Doll Project, a subsidiary of One World Holdings Inc, secured a capital infusion of $500,000 from a New Mexico-based private equity investor, a statement about the funding said.
Sun Capital Partners has exited Certified Power when its affiliate sold the fluid power and power train solutions provider to Brinkmere Capital Partners. Financial details were not disclosed.
Gojee, a recipe-finding site, has been acquired by the XO Group for an undisclosed amount, after talks with other possible acquirers like Yahoo failed, TechCrunch reported.
Mobile Q&A app Locish secured fresh funding of $820,000 for its seed financing round led by Odyssey Jeremy Partners and joined in by other investors, a statement about the funding said.
Music education college Detroit Institute of Music Education Inc received a $3 million investment from private equity firm Beringea, a statement about the funding said.
Microsoft, through a blog post written by its Deputy General Counsel & Vice President John Frank, has pledged that it would undertake stricter procedures before investigating the Hotmail and Outlook accounts of its users, VentureBeat reported.
Pasadena, California-based kinetic desk maker Stir raised $1.5 million in a seed funding round led by Vegas TechFund and Zach Ware to scale up its production and distribution efforts.
Toronto, Canada-based hardware engineering collaborative platform Upverter bagged $2.3 million in a seed funding round led by Version One Ventures to grow its enterprise business and develop its product.
