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Defunct bitcoin exchange Mt. Gox files for liquidation: WSJ

- Defunct bitcoin exchange Mt. Gox has given up plans to rebuild under bankruptcy protection and has asked a Tokyo court to allow it to be liquidated, the Wall Street Journal reported, citing people familiar with the situation.

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Reddit boosts news capabilities in social media turf grab

NEW YORK - Reddit, a website with a retro-'90s look and space-alien mascot that tracks everything from online news to celebrity Q&As, is going after more eyeballs, and advertising, by allowing members of its passionate community to post their own news more quickly and easily.

Media 15 Apr 2014

Intel's quarterly net beats Street, CEO talks up tablets

SAN FRANCISCO - Intel Corp's first-quarter net profit exceeded Wall Street's estimates as the chipmaker wrestles with slow demand for personal computers and its chief executive officer said an ambitious goal to stake out market share in tablets was on track.

Media 15 Apr 2014

China's Baidu launches mobile payment app

SHANGHAI - Baidu Inc, China's leading internet search provider, has launched a mobile payment and wealth management platform after its main domestic rivals launched similar products.

15 Apr 2014

U.S. wins more guilty pleas in first counterfeit apps case

- The final defendants in what the U.S. government called its first prosecution of a counterfeit apps case have pleaded guilty over their roles in alleged schemes to traffic in pirated Android mobile device applications.

15 Apr 2014

Smartphone makers, carriers embrace anti-theft initiative

NEW YORK - Major U.S. wireless carriers and smartphone makers have agreed to introduce tools to enable users to lock their devices and wipe them clean of data if stolen, responding to pressure on the telecommunications industry to do more to stem theft.

Media 15 Apr 2014

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