JD.com, one of China’s largest e-commerce platforms, is launching an accelerator program to foster the development of blockchain-focused startups. According to an announcement Tuesday, the program, starting in March and dubbed “AI Catapult,” aims to incubate young blockchain firms – helping them scale their applications through integrations with JD.com’s various businesses in China, including e-commerce and logistics. […]

Craig Wright is being sued over the rights to $5,118,266,427.50 worth of bitcoin and other assets. Wright claimed in 2016 that he was Satoshi Nakamoto, the mysterious inventor behind bitcoin. Wright allegedly created contracts fraudulently to lay claim to bitcoins mined by former business partner Dave Kleiman. Self-proclaimed bitcoin creator sued for allegedly stealing $5 […]

AMC Networks announced a deal to acquire majority control of RLJ Entertainment, the streaming-oriented company headed by Robert Johnson, in a deal valuing RLJ at about $60 million. RLJ Entertainment operates two streaming-subscription services aimed a niche audiences: Acorn TV, which features British television and film content, and UMC (Urban Movie Channel). AMC is offering about $16 million to […]

The EU executive has previously indicated it wanted law enforcement authorities to be able to access electronic evidence stored within the 28-nation bloc. But the scope of the planned legislation will extend to data held elsewhere, according to two sources with direct knowledge of the matter. Digital borders are a growing global issue in an […]

Former McKinsey consultant Justin Whitmore was on the job as the first chief sustainability officer of Tyson Foods just one month when he disclosed his team’s intention to set science-based targets for cutting greenhouse gas emissions and to embrace “outcome-based” water conservation goals across the company’s operations and supply chain. It tapped World Resources Institute […]

Recently, industry analyst Brian Solis wrote a column that speaks volumes about the importance of customer reviews in a business’s location marketing strategy. In “Empowered Consumers Are Searching for the Best and Worst Brands Before They Buy,” he noted that: According to Google, mobile searches that include “best” have grown by more than 80 percent […]

The board of directors of The Weinstein Company said late Sunday that the New York film and TV studio planned to file for bankruptcy after talks to sell it collapsed. The company had been seeking a deal that would spare it from bankruptcy after more than 70 women accused the film producer Harvey Weinstein of […]

People’s Daily, an official newspaper of the Chinese Communist Party (CCP), is calling for domestic regulation as part of an effort to foster the development of blockchain technology. In a full-page feature entitled “Three Questions to Blockchain” published Monday, the CCP’s official media doubled down on the government’s commitment to supporting the use of the technology, while […]

The newest cryptocurrency is the invention of Venezuelan President Nicolás Maduro. The “petro,” as the cryptocurrency is known, was launched this weekas a very creative Hail Mary by a struggling autocrat. The website for the cryptocurrency claims that in its first issue, opened for trading on Feb. 20, it made available 100 million tokens, each selling for about $60, […]

Arsenal’s £55m record signing Pierre-Emerick Aubameyang has claimed that he’s not going to give up his notoriously flashy lifestyle any time soon, and won’t let critics stop his fondness for fast cars and glamorous clothes. In an interview with the Mirror, the Gabonese international spoke candidly over criticism of his lavish way of living, and claimed […]