News of a bitcoin crackdown in South Korea sent the market for digital coins into a tailspin Thursday morning. Reuters reported a day earlier that North Korea had a bill in the works to shut crypto trading. Bitcoin, the largest cryptocurrency, was trading down more than 11% at the time of print. The market for digital coins was under intense pressure Thursday morning amid reports that South Korea had a bill in the works to ban cryptocurrency trading. “South Korea’s justice minister said on Thursday the ministry is preparing a bill to ban cryptocurrency trading through its exchanges,” Reuters reported. That news was on the heels of a report that authorities were raiding cryptocurrency exchanges in the country. “A few officials from the National Tax Service raided our office this week,” an representative of Coinone, a South Korean crypto exchange, told Reuters. According to the Reuters … [Read more...] about Cryptocurrency markets are tanking after news of shutdown in South Korea
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Former top Fox News reporter left network following history of harassment allegations
A former top Fox News reporter left the bureau at the end of last year as rumours swirled about his history of alleged harassment. Former chief Washington correspondent James Rosen left Fox News in December with little fanfare and no official explanation. But some of his colleagues told NPR the decision followed a pattern of harassment of women at the network. NPR reported that Rosen sent inappropriate messages through the network’s internal message service, attempted to grope and kiss multiple employees over his tenure at the network, and when one staffer rebuffed him, he sought to steal her sources and stories. Rumours had swirled about Rosen’s behaviour for years. According to emails revealed in 2016 by Gawker, former State Department official Philippe Reines gossiped with reporters about Rosen’s behaviour, saying he was removed from the State Department bureau after he allegedly harassed another employee there. Rosen was the latest Fox News employee to be … [Read more...] about Former top Fox News reporter left network following history of harassment allegations
7 Big Retail News From 2017 And How They Will Impact The Industry In 2018
2017 was quite an eventful year for the retail sector. A number. of new development happened in the industry with a host of mergers and acquisitions. There were also cut downs and closures, new breakthroughs in e-commerce technology. As we step into a new year lets have a look at the biggest happenings of 2017 in the retail sector and what opportunities they present in 2018. With little surprise, the Amazon-Whole Foods merger tops the list of retail hits in 2017. But many experts we spoke to pointed out that it’s actually just one of several examples of smart partnerships between major e-commerce and traditional retailers that developed this year. It is a part of the trend of merging of the digital and the physical. Walmart bought Bonobos for their consolidated web presence. Thus indicating the strengthening of omnichannel retail by means of consolidation, for instance, after merger Amazon went from a two-channel store(online+mobile) to 3 channel store(online+mobile+store) … [Read more...] about 7 Big Retail News From 2017 And How They Will Impact The Industry In 2018
Bannon steps down from Breitbart News in post-book storm
[NEW YORK] Donald Trump's former White House strategist Steve Bannon has stepped down from Breitbart News, the conservative news outlet announced Tuesday, still roiled in controversy over incendiary remarks about the president quoted in a new book.The announcement comes just days after the 64-year-old news executive at the provocative right-wing site publicly split with Trump over explosive comments he made about the president's fitness for office and members of his family."Fire and Fury: Inside the Trump White House" - which paints the president as disengaged, ill-informed and unstable - has seen Mr Bannon abandoned by financial patrons, condemned by erstwhile allies and ridiculed by Mr Trump himself.His departure from Breitbart threatens to further isolate the self-proclaimed champion of anti-Washington populism that swept Mr Trump to power and whom Bloomberg once called "the most dangerous political operative in America." "Steve is a valued part of our legacy, and we will always be … [Read more...] about Bannon steps down from Breitbart News in post-book storm
The Daily News ran a cover two years ago that looks a lot like the New York Times latest ad campaign
The New York Times debuted a powerful new ad during the Golden Globes on Sunday, attempting to highlight its groundbreaking sexual assault reporting in recent months. But The New York Daily News may be the one to walk away with at least some of the credit. The full-page print ad in The Times features black text against a white background, with a back-and-forth between the words “He said” and “She said” for two lines, until the words “She said” take over the rest of the page. The ad is uncannily similar to a headline that the Daily News carried over two years ago when the sexual assault allegations against Bill Cosby became public. The similarities were pointed out by New York Post entertainment writer Johnny Oleknsinski on Twitter. Gotta give the Daily News props for coming up with the NY Times’ new ad campaign two years ago. pic.twitter.com/2vJGl3Qbrv — Johnny Oleksinski (@JohnnyOMG) January 7, 2018 The Times partnered with ad agency … [Read more...] about The Daily News ran a cover two years ago that looks a lot like the New York Times latest ad campaign