Business, Politics & Money
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North Korea's latest invention: Hangover free alcohol

By: Ben Gourlay | More News: Business, Politics & Money | Posted: Jan 21, 2016 12:16 am

North Korea - there's not much you can't do. From sending a man to the sun, to creating a miracle one-drug cure for AIDS, Ebola and SARS, not to mention eliminating the need to defacate, North Korea have now made another stunning breakthrough. They've abolished hangovers.

 

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According to the state-run Pyongyang Times, the country's Taedonggang Foodstuff Factory has created 'Koryo Liquor', which according to writer Jong Hwa Sun is "made of six-year-old Kaesong Koryo insam, known as being highest in medicinal effect, and the scorched rice, is highly appreciated by experts and lovers as it is suave and causes no hangover".

 

While the drink has been "registered as a national scientific and technological hit" and "awarded the December 15 Medal of Quality which is given to the best products in the country", there's unfortunately no word yet on international availability. To be honest, I wouldn't be holding your breath. But here's to North Korea, for once again punching above their weight.

U.S. calls BS on North Korea H-Bomb claim

By: Ben Gourlay | More News: Business, Politics & Money | Posted: Jan 7, 2016 4:25 am

Yesterday's claim by North Korean state-owned television that "the republic's first hydrogen bomb test has been successfully performed" has been denied by the White House, confirming that initial data from monitoring stations in the Asia area were inconsistent with that of hydrogen bomb blast.

 

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While many neighbouring Asian-Pacific nations such as Japan and Australia alongside the United Nations have been quick to condemn the countries weapons program, the New York Times is reporting that neither Korea nor the United States believe that the blast that triggered a 5.1 earthquake in the region was due to an H-bomb, citing "a variety of evidence - some technical, some from human sources" to disbelieve their claim. According to an unnamed South Korean Defense Ministry official, the blast might not have been due to a lesser explosive boosted traditional fission bomb, saying "even a boosted fission bomb produces a yield bigger than this, so we don't think this is a successful test of a boosted fission bomb".

North Korea claims to have succesfully detonated hydrogen bomb

By: Ben Gourlay | More News: Business, Politics & Money | Posted: Jan 6, 2016 4:31 am

North Korean leader Kim Jong-Un might have just developed a hydrogen bomb in time for his birthday, if the secretive countries claims are correct. In a developing story, BBC News is reporting that the 5.1 earthquake 5.1 magnitude located near a known test site was triggered by the successful detonation of a hydrogen bomb. State-owned North Korean television has claimed responsibility by proudly proclaiming that "the republic's first hydrogen bomb test has been successfully performed at 10:00 am on January 6, 2016."

 

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North Korean's banned weapon program has previously raised the ire of the international community, including the United States who have brought down crippling sanctions on the state.

Kim Dotcom faces U.S. extradition following court loss

By: Ben Gourlay | More News: Business, Politics & Money | Posted: Dec 23, 2015 4:36 am

A New Zealand court ruled today that Kim Dotcom, along with three co-accused can be extradited to the United States to face four year old charges of copyright infringement stemming from the Mega Upload file sharing platform. In handing down his ruling backing the case that Dotcom should face the United States legal system, Judge Nevin Dawson relayed that the U.S. government had an "overwhelming" amount of evidence proving guilt in millions of lost revenue for copyright holder.

 

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Dotcom's team plan has immediately filed an appeal, ensuring the long-running saga has a way to go just yet.

 

'Harry Potter' author slams Donald Trump as worse than Voldemort

By: Ben Gourlay | More News: Business, Politics & Money | Posted: Dec 9, 2015 12:45 am

The only saying goes that "there's no such thing as bad publicity" and to date even the strongest condemnation hasn't dented Donald Trump's bid as the leading candidate for the Republican party, but his recent comments calling for a ban on muslims entering the United States has seen a massive firestorm of negative commentary flown his way. He's even raised the ire of 'Harry Potter' author J.K. Rowling to declare him worse than Voldemort.

 

 

Perhaps Rowling might be exaggerating somewhat, considering Voldermort murdered Harry Potter's parents, along with leading characters Severus Snape and Alastor Moody, not to mention his plan to wipe out every muggle (non magic folk), control the wizarding world and instate a new world order, but her comments have been widely re-tweeted, with 145,000 at the time of print.

Continue reading ''Harry Potter' author slams Donald Trump as worse than Voldemort' (full post)

RadioShack hires Nickelodeon alum Nick Cannon as CCO

By: Derek Strickland | More News: Business, Politics & Money | Posted: Dec 2, 2015 11:40 pm

Amid its flagging decline into failed obscurity, long-running tech retailer RadioShack has a plan to help revive its ailing woes: hire some celebrity muscle to help boost it back to the top. Which candidate did it select? None other than Nickelodeon star/rapper/actor Nick Cannon. Yes, really.

 

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In a bizarre twist of fate, RadioShack today announced that it has enlisted Nick Cannon as Chief Creative Officer in an effort to help boost the company's image and kick off a new wave of advertisements. Cannon corroborated the news in a Tweet saying that "RadioShack is back" and that he's "officially part of the RadioShack fam" as CCO. Shortly after Cannon showed the first fruits of the union by releasing a new promo vid showing the retailer getting into the holiday spirit.

 

This is likely just a big publicity stunt for the declining tech store, but given the star's reach, it'll likely work out quite well and remind people that these retailers aren't extinct just yet.

Continue reading 'RadioShack hires Nickelodeon alum Nick Cannon as CCO' (full post)

President Obama finally joins Facebook

By: Ben Gourlay | More News: Business, Politics & Money | Posted: Nov 10, 2015 3:57 am

Despite using Facebook to successfully raise millions in campaign funds which propelled him to The White House in 2008 and again in 2012, and having used Twitter for well over two years, U.S. President Barack Obama's army of media advisers has finally established a Facebook page for his administation, with less than a year to go of his eight year term.

 

Hello, Facebook! I finally got my very own page. I hope you’ll think of this as a place where we can have real...

Posted by President Obama on Monday, November 9, 2015

 

Using his maiden post to preach about the dangers of climate change despite only recently putting his words into action, unveiling a clean power plan policy hailed by The White House as "the single most important step America has ever taken in the fight against global climate change, but decried by some commentators as spending billions of dollars while "not helping the environment", Obama is keen to solidify his legacy in this contentious policy area.

 

Regardless, as the looming battle between the Democratic and Republican nominations make way for the full 2016 U.S. Presidential race, platforms such as Facebook will once again prove hugely powerful in swaying public opinion.

Continue reading 'President Obama finally joins Facebook' (full post)

Amazon opens first physical book store

By: Ben Gourlay | More News: Business, Politics & Money | Posted: Nov 4, 2015 6:03 am

It's been a long standing joke between my significant other and myself that it would be amazing if there was a real Amazon store which would immediately bankrupt my savings. Well it seems Mr Bezos has heard my calls, with the company launching its first bricks and mortar bookstore in Seattle this week.

 

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According to the Financial Times, the premier Amazon bookstore doesn't have any ticket prices, instead reflecting the pricing from the online store. Jennifer Cast, VP of Amazon Books told the Seattle Times that "We hope this is not our only [storefront]. But we'll see."

 

The company has yet to confirm whether more physical stores are in the cards, but are surely taking on board the suggestions and feedback from customers - not to mention the sales figures and foot traffic.

Chewbacca arrested in Ukraine election protest

By: Ben Gourlay | More News: Business, Politics & Money | Posted: Oct 26, 2015 11:39 pm

You'd think that the characters of 'Star Wars' would have more pressing matters than Earth's mundane political squabbles, but that hasn't prevented Chewbacca from campaigning and being arrested by Ukraine police whilst driving Darth Vader to an election booth in Odessa, Ukraine.

 

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According to the Guardian, Chewie was fined 170 Hryvnia (around $8 USD) due to being unable to produce proper identification documentation. Darth Vader claimed his detention was illegal because "Chewbacca is his pet and general servant and thus does not require documents".

 

Despite the intergalactic intervention, President Petro Poroshenko is expected to retaining the coalition government. Guess Vader should have bought the Death Star over.

Continue reading 'Chewbacca arrested in Ukraine election protest' (full post)

Mt. Gox CEO Mark Karpeles officially charged with embezzlement

By: Derek Strickland | More News: Business, Politics & Money | Posted: Sep 12, 2015 8:10 pm

Mt. Gox co-founder and ex-CEO Mark Karpeles has officially been charged with embezzlement and could face up to 10 years of prison time.

 

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Karpeles is suspected of illegally transferring large volumes of bitcoins from user accounts into Mt. Gox company accounts which he had direct access. Japanese prosecutors have charged Karpelese with embezzling $2.6 million worth of bitcoins.

 

The official embezzlement charge follows Karpeles' second arrest in Tokyo in August, PC World notes that the deposed bitcoin king's odds of winning aren't too good as Japan has a 99% conviction rate.

Continue reading 'Mt. Gox CEO Mark Karpeles officially charged with embezzlement' (full post)

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