Business, Politics & Money
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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.

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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.

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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.

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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.

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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.

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NYSE, United Airlines downed by system outages

By: Ben Gourlay | More News: Business, Politics & Money | Posted: Jul 8, 2015 11:24 pm

In the last 24 hours, systems outages at the New York Stock Exchange and United Airlines have halted operations, as trading on the exchange was suspended for four hours and planes grounded for two.

 

 

 

In an interesting turn, hacker collective Anonymous may have prophetically predicted today's tumultuous events, but the agency and Government have been firm in rebuffing the possibility of any involvement.

 

 

At the time of print, trading has now resumed and United Airlines are back in the air.

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The US has released the al-Qaeda application form for digital reading

By: Chris Smith | More News: Business, Politics & Money | Posted: May 22, 2015 6:16 am

Alongside asking for the name of your grandfather and what occupation your father holds, al-Qaeda's application form is a quite extensive piece of writing as seen on Vox and released by the US Government recently as it has now been declassified.

 

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This form was found as part of Osama Bin Laden's compound in Abbottabad and is now available for public reading. Alongside in-depth religious questions, the applicant is asked about previous military experience, personal hobbies and investigations on if the prospective al-Qaeda employee has any relations to Pakistan.

 

Written quite well, it's certainly an interesting insight into what helps back al-Qaeda. It may look basic to you on the news, but there is some form of administration that must keep the whole thing afloat and this form helps portray that. Another interesting point is that it asks the applicant if they "wish to execute a suicide operation".

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