Author: Richard Atkins

Richard Atkins is a senior contributor at Tech Insider covering online media, online travel, and video games. Richard has been with Tech Insider covering companies in these industries since 2011 and has authored numerous industry reports, including "Internet Video: Field of Dreams or Nightmare on Elm Street," "The Next Leg of Online Travel," and "Pwned: How Casual Games Changed The Gaming Landscape." Atkins was recognized as the No. 2 stock picker and earnings estimator in the 2011 Financial Times / StarMine Internet & Catalog Retail category and was ranked in the 2010 Wall Street Journal "Best On The Street" for the Leisure Goods & Services category.
Finance, Mobile

Stock News: Apple (NASDAQ AAPL) Plans 128GB iPhone 6 Model

Apple (NASDAQ AAPL) is rumored to offer the iPhone 6 in three different storage options including 128GB capacity. One thing iPhone users could always use is more storage. If the latest Apple Inc (NASDAQ AAPL) report is correct, fans may get what they wish with the iPhone 6. G for Games recently highlighted a set of documents shown on GeekBar. The documents claim the iPhone … Continue reading Stock News: Apple (NASDAQ AAPL) Plans 128GB iPhone 6 Model

Richard Atkins
BioTech, Finance

Biotech Stock Update: Biotech Stock Gilead Scores Legal Victory Over Roche for Sovaldi

Shares of Gilead Sciences (GILD) gained 3.25% to close the trading session on Aug 15 at $99.45 per share following the favorable verdict by an arbitration panel in a patent infringement case with Roche (RHHBY). The tussle was regarding Gilead’s blockbuster hepatitis C drug, Sovaldi (sofosbuvir). Gilead received further encouraging news on Sovaldi when U.K.’s cost-effectiveness watchdog – NICE – recommended the use of the … Continue reading Biotech Stock Update: Biotech Stock Gilead Scores Legal Victory Over Roche for Sovaldi

Richard Atkins
Finance, Software

Bitcoin Ban Fear Fades Away: Bitcoin News Highlights

Coins has launched its second bitcoin startup in Southeast Asia with the formal opening of Coins.co.th in Thailand. Led by CEO Ron Hose, Coins launched its Philippines-based bitcoin exchange and merchant processing service Coins.ph in March, at the time enrolling two larger merchants – MetroDeal and CashCashPinoy – in its services. While coinciding with fewer supporting announcements, its entrance into Thailand’s market, however, may ultimately prove more telling for bitcoin’s progress in Asia as a whole.

Coins.co.th has been exchanging baht and bitcoin in Thailand since its soft launch in June, when it received its e-commerce registration from the Huay Khwang District Office. A report by Bangkok Post states that the district office has deemed bitcoin as a form of commodities trading, clearing the way for the company’s regulatory approval.

Jaturong Jantarangs, the Bank of Thailand’s senior director of the payment systems policy department, reportedly told the media outlet that trading bitcoins for baht does not require approval or a license from the central bank. As such, Coins.co.th claims that its exchange is now ‘fully legal’ under Thai law.

News on Bitcoins

The move can be seen as a positive sign for bitcoin’s progress in Asia, given that the Bank of Thailand was widely believed to have banned bitcoin in 2013. The determination also follows statements from the Bank of Thailand issued in March that suggested it did not consider bitcoin a currency.

While it is not being treated as a money services business, Coins.co.th indicated that it does need to follow related laws such as Thailand’s Civil and Commercial Code and Consumer Protection Act, as well as its anti­-money laundering (AML) regulations. Topp Jirayut Srupsrisopa, who will manage Coins.co.th, added that he expects bitcoin’s legal situation in Thailand to become more clear over time, as local regulators learn more about the market and its potential.

Bitcoin News Video

Watch this video for more “News on Bitcoin”.

Continue reading “Bitcoin Ban Fear Fades Away: Bitcoin News Highlights”

Richard Atkins
Finance, Internet

Facebook FB Stock: Insiders Dumping Shares

Facebook Inc (NASDAQ FB) insiders are at it again, quickly unloading more shares of the social network’s stock. Chief Operating Officer Sheryl Sandberg, director Susan Desmond-Hellmann, Chief Technology Officer Michael Todd Schroepfer, Chief Financial Officer David M. Wehner, Marketing VP David Fischer, General Counsel Colin Stretch and Chief Accounting Officer Jas Athwal all moved some shares around recently. Regulatory filings show that several insiders at … Continue reading Facebook FB Stock: Insiders Dumping Shares

Richard Atkins
Finance, Internet

Google Stock GOOG set for a Good Time as Company Gears Up For Music Key Service

Google Inc (NASDAQ GOOG), the megalith technology-media-robotics-car company, is launching an ad-free YouTube music streaming service. Google’s long-rumored “YouTube Music Key” streaming service will offer offline listing including over 20 million songs. This new service follows Songza acquisition and arm twisting of independent record labels. Compared to competition from firms such as Spotify and Pandora Media Inc (NYSE P), Google’s new service will offer content … Continue reading Google Stock GOOG set for a Good Time as Company Gears Up For Music Key Service

Richard Atkins
AAPL NASDAQ AAPL Apple
Finance, Internet

Top Stock in News: Apple (NASDAQ AAPL) Plans On Building The World’s Biggest Retail Store

Apple Inc (NASDAQ AAPL) is set to open the first retail store in the Middle East next year. The store, which will be in the city of Dubai, will also be the world’s largest store. The store will actually be located inside the Mall of the Emirates, a large shopping center that boasts 700 retail stores and an indoor ski resort. Apple will take over … Continue reading Top Stock in News: Apple (NASDAQ AAPL) Plans On Building The World’s Biggest Retail Store

Richard Atkins