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International law firm in merger talks with Pepper Hamilton

April 13th, 2016 (0)
The global law firm Reed Smith is in talks to combine with the smaller Pepper Hamilton of Philadelphia, the firms confirmed on Monday night. “Based on these preliminary discussions, we see many potential benefits to joining forces,” said a Reed ...

Airbnb just acquired a team of bitcoin and blockchain experts

April 13th, 2016 (0)
Home-rental company Airbnb has “acqui-hired” the majority of the team behind ChangeCoin, a startup that runs a bitcoin-based micropayments service, according to four people with knowledge of the deal. The alternative lodging site has been looking at a few ...

Swiss banker whistleblower: CIA behind Panama Papers

April 13th, 2016 (0)
Bradley Birkenfeld is the most significant financial whistleblower of all time, so you might think he’d be cheering on the disclosures in the new Panama Papers leaks. But today, Birkenfeld is raising questions about the source of the information ...

Bitcoin/Cryptocurrency exchange is offline following hack

April 11th, 2016 (0)
Bitcoin and cryptocurrency exchange service ShapeShift AG is offline following a breach of the service April 7. The full details of how the breach occurred are not available however Chief Executive Officer Eric Voorhees took to Reddit to explain that while the service ...

Asia markets broadly lower as risk-off sentiment settles in

April 8th, 2016 (0)
Asia markets were broadly lower on Friday, after U.S. equities sold off overnight amid renewed concerns over global growth and the effectiveness of central bank policy. Australia’s ASX 200 retraced some of the early losses to trade down 0.4 percent, as ...

Commission launches discussion on future framework for stronger and smarter information systems for border management and internal security

April 7th, 2016 (0)
Commission launches discussion on future framework for stronger and smarter information systems for border management and internal security The European Commission has adopted today a Communication on Stronger and Smarter Information Systems for Borders and Security, setting out options ...

Justice Department Sues to Block Halliburton’s Acquisition of Baker Hughes

April 7th, 2016 (0)
Merger would eliminate significant head-to-head competition in oilfield services industry The Department of Justice filed a civil antitrust lawsuit today seeking to block Halliburton Company’s proposed acquisition of Baker Hughes Inc., alleging that the transaction threatens to eliminate competition, ...

R3 banking blockchain consortium partners with Microsoft Azure

April 5th, 2016 (0)
The R3 distributed ledger consortium of 40-plus global banks has chosen Microsoft Azure cloud to host its labs and provide its members with easy access to those firms already added to Azure’s Blockchain as a Service platform. R3 named ...

HMRC’s response to the ICIJ story on offshore tax evasion

April 5th, 2016 (0)
Jennie Granger, Director General of Enforcement and Compliance, HM Revenue and Customs, said: HMRC is committed to exposing and acting on financial wrongdoing and we relentlessly pursue tax evaders to ensure that they pay every penny of taxes and fines ...

The Rise of Robo-Advisors: Robo-advisor firm raises $100 Million in Funding

March 31st, 2016 (0)
If there was any doubt about the future of robo-advisors, the latest announcement from online advisor Betterment may quash it: The company says it has raised $100 million from investors in its latest round of funding. That’s the biggest round ...
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