Xueyu Chen

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New York State Opens Up To Bitcoin Exchanges

New York State's Department of Financial Services will accept proposals to "operate virtual currency exchanges."<p>The New York State Department of Financial Services, which regulates a wide range of financial institutions and has shown an interest in establishing a specific set of rules for …

How Facebook and Twitter built the best employee training programs in Silicon Valley

Training employees and managers is essential at any company but particularly for startups. Yet many avoid it because it seems too hard or expensive.<p>“A lot of companies think their employees are so smart that they require no training,” Andreessen Horowitz co-founder Ben Horowitz writes in his recent …

Silicon Valley

Google may launch its first U.S. retail store in New York — right next to the Apple Store

Google may debut its very first U.S. retail location in SoHo, New York, reports <i>Crain’s NY</i>.<p>The 8,000-square-foot retail space at 131 Greene St. is situated just a couple storefronts away from eyewear giant Warby Parker. Most interestingly, Apple’s Soho retail store is right on the corner of that …

America's Most Powerful CEOs 40 And Under

<i>The individuals who meet the criteria for this list are from the 20 publicly-traded companies with the highest market caps (as of market close March 5, 2014) who have CEOs ages 40 and younger. All data is taken from S&P Capital IQ.</i><p>It’s been said that youth is wasted on the young, but the …

Court freezes Mt. Gox assets in US, lawyers dig into the case of the missing Bitcoins

A US District Court for the Northern District of Illinois has just granted a temporary restraining order to freeze all US assets of Mt. Gox, Tibanne KK and Mt. Gox CEO Mark Karpeles as part of an effort to find out exactly what caused the Japan-based Bitcoin exchange to fall. This follows the news …

Facebook and WhatsApp have colonized Europe, destroying the continent’s native social networks

Much has been made of WhatsApp’s growing presence in key emerging markets such as India and Brazil, but most of its users are thought to be in Europe. The messaging service is ideally suited to life on the Continent, where there is a Eurozone but no unified telecommunications zone—meaning that …

Emerging Markets

Oops! Apple revealed confidential deal with Nokia while seeking damages from Samsung for the same thing

<i>FOSS Patents</i> discovered that while Apple was asking a court to sanction Samsung for using confidential information about a patent deal between the Cupertino company and Nokia, Apple inadvertently made the very same information public.<p>As part of a patent dispute between Apple and Samsung, Apple was …