The virtual currency bitcoin Wednesday broke above $1,000 per unit, quintupling in a month, according to Mt. Gox, which manages trading in bitcoin.
Yahoo Inc. says it plans to sell $1 billion in convertible senior notes in a private placement and will use the money to buy back shares and for other purposes.
Three young entrepreneurs have opened what they call the world's first ATM able to exchange bitcoins for any official currency.
Albania will close access to all Internet betting sites abroad in an effort to stop the outflow of money from one of the poorest countries in Europe.
(Phys.org) —People are bad at getting a grip on collective risks. Climate change is a good example of this: the annual climate summits have so far not led to specific measures. The reason for this is that people attach ...
California is spending nearly $15 million to build 10 hydrogen fueling stations, even though just 227 hydrogen-powered vehicles exist in the state today.
For those who use a mobile wallet, a new app aims to help keep track of when electronic cash is running low.
The classic proverb says: If you give a man a fish, he will eat for a day. Teach him how to fish, and he will have food for a lifetime. Christopher Blattman's research suggests that if you just give the man cash, he will ...
Nobel laureates sometimes display as much ingenuity when deciding how to spend their prize money as they did on the work that won them the award in the first place.