The Ministry of Finance of the Russian Federation has released the full version of the draft bill that, if passed in current form, would effectively ban the creation and distribution of software that allows for the use of money substitutes, including bitcoin and all digital currencies. First announced as a proposal in August, the news…
With Microsoft Corporation (NASDAQ MSFT) having announced the new Windows 10 operating system, attention of its potential customer base will now turn to what the software giant purports to offer in this updated Windows. Particularly critical to Microsoft with this release will be getting the business community back on its side, as Windows 8 was…
Some Apple iOS and Mac users reported download problems within the AppStore on Friday morning. On Friday morning, some Apple Inc (NASDAQ AAPL) iOS and Mac users reported AppStore outages that prevented them from downloading new apps. This issue started about half an hour ago. Some of the users reported obtuse error messages but others…
In the past week, leaked images have emerged of an intriguing smartphone contender that could be set for a Q4 release in 2014. The Nexus 6 is a much anticipated smartphone produced by Google Inc (NASDAQ GOOG), although some sources have suggested that it will actually become the Nexus X when it is finally released….
Facebook Inc (NASDAQ FB) recently won approval from the European Union for the WhatsApp bid at $19 billion. This is a huge opportunity for the social media giant which wants to transform the telecom industry. This is a landmark deal for Facebook Inc (NASDAQ FB) and it should give the company a strong lead in…
U.S. Bancorp USB reported net income of attributable to common shareholders of $1.4 billion, or $0.76 per diluted share, for the second quarter of 2013 compared with $1.3 billion, or $0.71 per diluted share, for the second quarter of 2012. Loans grew 7.4% compared with a year ago, primarily in commercial and residential loans. Low…
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