Bitcoin News: Bitcoin Exchange Cryptsy Faces Lawsuit

A Florida law firm is pressing charges against digital currency exchange Cryptsy, accusing the company of fraudulent business practices and negligent security measures. In court documents filed in the 15th Judicial Court of Florida yesterday, Silver Law Firm stated that Cryptsy violated the state’s Deceptive and Unfair Trade Practices Act by failing to provide critical information regarding security risks and customer fund management protocols. Plaintiff … Continue reading Bitcoin News: Bitcoin Exchange Cryptsy Faces Lawsuit

Stock Update: Microsoft Corporation (NASDAQ MSFT) Pops Up Due To Earnings Beat

Shares of Microsoft Corporation climbed by as much as 3% in after-hours trading. Microsoft Corporation (NASDAQ MSFT) released the earnings results from its most recently completed quarter tonight after closing bell, posting non-GAAP earnings of 65 cents per share on $23.2 billion in revenue. Analysts had been expecting earnings of 49 cents per share on $22 billion in revenue. In the same quarter last year, … Continue reading Stock Update: Microsoft Corporation (NASDAQ MSFT) Pops Up Due To Earnings Beat

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Biotech Stock News: Amgen Sues Sanofi and Regeneron

Amgen Inc (AMGN) has filed a lawsuit against Sanofi (SNY ) and Regeneron Pharmaceuticals, Inc. (REGN) in the U.S. District Court of Delaware. The lawsuit is related to the infringement of certain patents (patent numbers 8,563,698, 8,829,165, and 8,859,741) owned by Amgen which describe and claim monoclonal antibodies to proprotein convertase subtilisin/kexin type 9 (PCSK9). Sanofi and Regeneron are jointly developing alirocumab (proposed trade name: … Continue reading Biotech Stock News: Amgen Sues Sanofi and Regeneron

Bitcoin News: Debit and Credit Cards Now Used For Bitcoin Purchases

British bitcoin exchange CoinCorner now allows clients to purchase bitcoin and some altcoins with debit and credit cards. The feature went live yesterday, making CoinCorner one of very few places in the British Isles to accept direct card payments for cryptocurrency. Bittylicious, a similar exchange, launched card payments back in May. Traditional bank transfer methods are still on offer for users who do not wish … Continue reading Bitcoin News: Debit and Credit Cards Now Used For Bitcoin Purchases

Microsoft Corporation (NASDAQ MSFT) Shows Off The Security Measures For Windows 10

Microsoft is taking security seriously with its new OS given recent large scale data breaches. It seems a week rarely goes by when there isn’t another security concern for the nearly 2 billion people worldwide who are online on a regular basis. Today, Microsoft Corporation (NASDAQ MSFT) is being proactive and announced the company’s intention to “move the world away from the use of single … Continue reading Microsoft Corporation (NASDAQ MSFT) Shows Off The Security Measures For Windows 10

Stock Focus: Apple Inc (NASDAQ AAPL) To Open 25 Stores In China By 2016

Apple Inc (NASDAQ AAPL)’s chief executive officer Tim Cook confirmed his company’s plans to open up 25 retail stores in China within the next 2 years. The iPhone maker already earns 15 percent of it’s total revenue from China. China currently has 15 outlet stores. During a recent fourth quarter earnings call, Cook elaborated, “We’re investing like crazy in the market. When I look at … Continue reading Stock Focus: Apple Inc (NASDAQ AAPL) To Open 25 Stores In China By 2016