How do you tax Bitcoin? The IRS doesn’t know
A proper tax regime for U.S Bitcoin users is up in the air as the IRS doesn’t know how to classify Bitcoin. To the taxman, what is Bitcoin? Is it a currency? Commodity? Or Asset? As there is no definite answer, and that will make things difficult for American Bitcoin users come tax season. While [...]
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Google offering up to $2.7 million for Chrome OS exploits at Pwnium 4
Google is holding its fourth Pwnium hacking contest at a security conference in Canada, in order to find exploits in its web-based Chrome operating system. Google has announced on its Chromium blog that it will be holding the fourth Pwnium hacking contest in March, at the CanSecWest security conference in Vancouver, British Columbia. This year, Google has [...]
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Bitcoin Foundation vice chairman arrested for money laundering
The CEO of BitInstant has been arrested for his alleged involvement in doing business with a scally-wag from the famed underground Silk Road drug website. Charlie Shrem, CEO of the Bitcoin payment processor BitInstant and vice chairman for the Bitcoin Foundation, was taken into custody for allegedly working with an underground Bitcoin exchanger from Silk [...]
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Microsoft: ‘We’re going to do the Halo television series the right way’
In a recent interview Microsoft's Phil Spencer talks about everything Xbox One, including the upcoming Halo mini-series and why it's important for the company.
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China’s Yutu moon rover sends gloomy message to Earth: ‘Goodnight, humanity’
The state-run Xinhua newswire in China reports that the Yutu ‘Jade Rabbit’ moon rover has encountered a potentially fatal mechanical problem and, writing from the rovers perspective, bids the earth and all its people a melancholy ‘Goodnight’. According to Chinese media, the Chinese moon rover Yutu – ”Jade Rabbit” – which has been on the moon’s [...]
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Changing gears: Epic Games hands over ‘Gears of War’ franchise to Microsoft
Today's "big game announcement" was that Microsoft has attained the rights of the Gears of War franchise from Epic Games, and a new dev team will take the helm of the upcoming game.
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iPhone market share falls sightly while Android posts gain once again
The numbers come from a latest report from research firm Kantar Worldpanel. The report pools in figures for global smartphone sales during October – December 2013. Towards the end of last year, Google’s Android continued to increase its lead over its rivals, whereas Apple saw iPhone’s market share fall slightly in a few key markets. [...]
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11.8 inch MacBook Air release expected later this year
Apparently Apple is going to release an 11.8 inch MacBook Air this year, which would be a redesign of the existing 11.6 inch model with smaller bezels. There has been much speculation about the possibility of Apple refreshing the MacBook Air lineup and finally bringing the coveted Retina Display technology. This particular lineup was refreshed [...]
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Moody’s downgrades Sony to ‘junk’ status
Unprofitable TV and PC business drives down investment grade rating. Sony has once again had its bond rating downgraded to “junk” status as Moody’s Investors Service issued a note of caution to investors Monday, warning that its “uncertain how the company will maintain its competitiveness.” Sony’s ratings has been lowered from Baa3 to Ba1, which [...]
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Nvidia GeForce GTX 750 Ti benchmarked
Nvidia’s next card may launch in February for around $200. Nvidia’s GeForce GTX 750 Ti was benchmarked over the weekend at Chinese site PCOnline. The mid-tier card scored P4188 points on 3DMark 11’s overall test, and 3170 points on 3DMark’s Fire Strike test. The scores are similar to what last-gen GTX 660 achieved. The GPU-Z [...]
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Microsoft exec teases new Xbox One game announcement coming this morning
Microsoft's Phil Spencer and Crackdown 2 dev team Ruffian Games has delivered a few teasing Tweets about an exciting game reveal planned for this morning.
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BlackBerry to launch first Foxconn manufactured handset at the Mobile World Congress for under $200
BlackBerry will target the sub-$200 segment with its Foxconn manufactured handset as the manufacturer looks to reinvent itself. BlackBerry CEO John Chen announced that the first BlackBerry device manufactured in conjunction with Foxconn will launch at the Mobile World Congress in Barcelona next month. Although details of the handset haven’t been announced, it would likely [...]
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Nokia Normandy makes surprise appearance at Vietnamese retailer, Google Play support in tow?
Vietnam’s biggest online retailer looks to have jumped the gun a bit, listing the unannounced Nokia Normandy as a “new launch” and detailing its unexpected Google Play, Google Search, Google Now, Maps, Gmail and YouTube support. One month. Less than a month, actually. That’s Nokia Normandy’s deadline, which, if not met, could lead to a [...]
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Analyst predicts two Samsung Galaxy S5 plastic versions with fingerprint recognition
The Samsung Galaxy S5 rumor tide is slowly but steadily turning, as fresh sources seem to debunk all the speculation about aluminum build while giving increased credence to built-in fingerprint scanner. Remember when Galaxy S5’s specs and features were “confirmed” by otherwise credible insiders? It looked like the end of the road for the gossip [...]
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Nokia Lumia 1520 mini caught on camera
Photos of what is purportedly a Nokia Lumia 1520 mini have leaked online, featuring the handset next to a Lumia 1520 and an iPhone. Android manufacturers readily embraced the philosophy that a flagship device should be accompanied by a lesser-powered mini version, until Sony turned that not-so-old tradition on its head by launching the [...]
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Samsung and Google enter a 10-year cross-license patent deal
The deal sees both organizations sharing their patent portfolios for the next ten years. Samsung and Google announced a landmark patent licensing deal today that sees both organizations sharing their patent portfolios over the next ten years. The move will have far-reaching consequences not just for Google and Samsung, but the mobile industry in general. [...]
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LG G Pro 2 confirmed for Mobile World Congress as LG sells 13.2 million smartphones in Q4 2013
After strong sales in the last quarter of 2013, LG will launch new devices at the MWC that include the likes of the G Pro 2. Samsung may still be the overall leader in the Android segment, but LG is showing that it too can sell a lot of devices. Last quarter, LG sold a [...]
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Mantle patch for ‘Battlefield 4′ reportedly delayed again
Patch originally scheduled for the fall has been pushed to the end of February. The patch for Battlefield 4 which will allow the game to take advantage of AMD’s Mantle API has been delayed again. According to a screenshot of a chat with an EA technical support representative provided by Twitter user Ruben Santana, the [...]
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Capcom announces ‘Monster Hunter 4: Ultimate’, coming exclusively to 3DS in 2015
Capcom has announced that an expanded version of the Japan-only Monster Hunter 4G will be made available to North America in the guise of Monster Hunter 4: Ultimate
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SOE president confirms ‘Everquest Next’ for PS4, ‘Planetside 2′ coming first half of 2014
During a Reddit AMA session, Sony Online Entertainment President John Smedly revealed that they'll be bringing Everquest Next to the PS4, and Planetside 2 has an ETA of the first half of 2014.
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