Monday, 1 January 2018

Long Island Iced Tea Corp renamed itself to Long Blockchain – and its shares went bananas

Long Island Iced Tea Corp renamed itself to Long Blockchain – and its shares went bananas

This special edition of El Reg's Logowatch isn't strictly about logos, rather it's a rebrand, but since today is Friday and this news is – and this is a technical term here – batshit mad, we couldn't pass it up. Non-alcoholic beverage slinger Long Island Iced Tea Corp, which is publicly traded and wasn't performing particularly well financially, decided to rename itself this week to Long Blockchain – and its share price soared 289 per cent.
Read more: http://www.theregister.co.uk/2017/12/22/long_island_tea_blockchain/?source=Snapzu

Hundreds of Model 3s Are Rolling Out of the Tesla Factory

Hundreds of Model 3s Are Rolling Out of the Tesla Factory

Tesla has been hyping its Model 3 vehicles since they were announced in 2014. The car was designed to be an affordable all-electric sedan, but despite receiving approximately half a million pre-orders the company has so far only delivered a few hundred units. However, that might be about to change: Electrek is reporting that ‘hundreds’ of new Model 3s have been leaving the Tesla factory over the past few days.
Read more: http://www.popularmechanics.com/cars/hybrid-electric/a14511730/hundreds-of-model-3s-are-rolling-out-of-the-tesla-factory/?source=Snapzu

There is a 40% chance Apple will acquire Netflix, according to Citi

There is a 40% chance Apple will acquire Netflix, according to Citi

"The firm has too much cash – nearly $250 billion – growing at $50 billion a year. This is a good problem to have."
Read more: http://www.businessinsider.com/apple-potential-merger-acquisition-candidates-aapl-2017-12?source=Snapzu

Tesco tells Christmas temps they will get wages via prepaid cards - which cost 50p per withdrawal

Tesco tells Christmas temps they will get wages via prepaid cards - which cost 50p per withdrawal

Supermarket giant Tesco has been accused of incurring unnecessary costs on its staff after telling some Christmas temporary workers their wages will be put on prepaid cards, which charge holders for cash withdrawals.
Read more: http://www.telegraph.co.uk/work-salary/news/tesco-tells-christmas-temps-will-get-wages-via-prepaid-cards/?source=Snapzu

Venezuela raises minimum wage 40 percent, stoking world's fastest infl

Venezuela raises minimum wage 40 percent, stoking world's fastest infl

Venezuelan President Nicolas Maduro announced a 40 percent increase to the minimum wage as of January, a move that will foment what many economists already consider hyperinflation in the oil-rich but crisis-stricken nation.
Read more: https://www.reuters.com/article/us-venezuela-economy/venezuela-raises-minimum-wage-40-percent-stoking-worlds-fastest-inflation-idUSKBN1EP0K3?il=0?source=Snapzu

A Major Cryptocurrency Platform has Liquidated its Customers' Bitcoin Cash for Bitcoin

A Major Cryptocurrency Platform has Liquidated its Customers' Bitcoin Cash for Bitcoin

BitMEX, a Hong Kong-based cryptocurrency trading platform, has sold all of the Bitcoin Cash (BCH) cryptocurrency granted to its customers during the Bitcoin clone’s creation in August, and says it will credit those users with an equivalent value of Bitcoin (BTC).
Read more: http://fortune.com/2017/12/30/bitmex-liquidates-bitcoin-cash-for-bitcoin/?source=Snapzu

These experts figured out why so many bogus patents get approved

These experts figured out why so many bogus patents get approved

Empirical research reveals three big problems with how patents are vetted. By Timothy B. Lee.
Read more: https://arstechnica.com/tech-policy/2017/12/these-experts-figured-out-why-so-many-bogus-patents-get-approved/?source=Snapzu