Tags » Computers And Internet

Tokyo Court orders bankruptcy trustee to begin Mt. Gox liquidation

Tokyo District Court ordered liquidation to begin at failed bitcoin exchange Mt. Gox, the company said on Thursday, after the bankruptcy administrator said on April 16 that it would be difficult to rehabilitate the firm. 89 more words

Computers And Internet

Apple expands buybacks by $30 billion, OKs 7-for-1 stock split

By Edwin Chan SAN FRANCISCO (Reuters) – Apple Inc has approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock's appeal to individual investors. 71 more words

Computers And Internet

Apple resets the clock as investors await next big thing

By Edwin Chan SAN FRANCISCO (Reuters) – Apple Inc just bought itself some much-needed time. On Wednesday, the company surprised Wall Street with news that it sold more iPhones in the March quarter than even the most bullish analysts had expected. 49 more words

Computers And Internet

U.S. judge denies Apple's move to hold off e-book antitrust trial

A U.S. federal judge denied a bid by Apple Inc on Wednesday to hold off a trial in a case brought by state attorneys general accusing the company of conspiring with five major publishers to fix e-book prices. 104 more words

Computers And Internet

Facebook first-quarter revenue grows 72 percent on rising mobile ads

By Alexei Oreskovic SAN FRANCISCO (Reuters) – Facebook Inc's mobile advertising business accelerated in the first three months of the year, helping the Internet social networking company top Wall Street's financial targets. 90 more words

Computers And Internet

Indonesia smartphone sales could fall 50 pct under tax plan -association

By Fathiya Dahrul and Randy Fabi JAKARTA (Reuters) – The Indonesian representatives of Apple Inc, Samsung Electronics Co Ltd and other members of a local industry group said smartphone sales could fall by as much as 50 percent if the government imposes a tax on luxury models. 90 more words

Computers And Internet

Tokyo court starts Mt. Gox bankruptcy proceedings

TOKYO (AP) — Bankruptcy proceedings began Thursday for the Mt. Gox bitcoin exchange, a move that was widely expected after the Tokyo District Court decided earlier this month that the company would not be able to resurrect itself.

Read more…

Computers And Internet