"The website of major bitcoin exchange Mt. Gox was offline Tuesday amid reports it suffered a debilitating theft, a new setback for efforts to gain legitimacy for the virtual currency," The Associated Press reports.
NPR's business news starts with LinkedIn in Chinese.
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MONTAGNE: The online professional network is launching a Chinese language website to expand its presence in China. LinkedIn's English site has been available in China for years. The company hopes to draw 140 million new users with its Chinese-language site, according to The Wall Street Journal.
View of central crossing of the central hub island, one of dozens of man-made islands envisioned by Rice University architecture students. The islands would serve as a floating city for oil workers off the coast of Brazil.
For those of you keeping track of the headlines detailing sexual assault and hazing at frat houses, it may come as no surprise that fraternities have a dark side. Caitlin Flanagan, a writer at The Atlantic, spent a year investigating Greek houses and discovered that "the dark power of fraternities" is not just a power over pledges and partygoers but one held over universities as well.
Originally published on Mon February 24, 2014 6:25 pm
If you are in the middle of a House of Cards binge, the news from Netflix over the weekend is good — video streaming quality will improve. After reports of declining performance in recent months, Netflix — which accounts for 30 percent of broadband traffic — cut a deal with Comcast to pay the cable provider for direct access to its systems.
Netflix is hoping that a deal it has struck with Comcast will mollify some of its unhappy customers. The company announced yesterday that it will pay to connect Comcast's broadband network more directly. That means Netflix customers should get faster, smoother access to programs like "House of Cards." The deal could serve as a model to help the company resolve disputes with other big Internet service providers.
This is MORNING EDITION from NPR News. Good morning. I'm David Greene.
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And I'm Renee Montagne. Some of America's richest political activists are pouring money into new SuperPACs as they seek to influence the issues in upcoming Senate and House races. Billionaires including Sheldon Adelson, the Koch Brothers, and Fred Eychaner used SuperPACs to support their favored presidential candidates in 2012.
And British smokers might be thinking of combing a rocky beach near East Devon this morning. That's where a shipping container carrying 14 tons of tobacco cigarettes washed ashore yesterday. Our last word in business is: soggy cigs.
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The container is thought to be one of many lost from a cargo ship on Valentine's Day. More than 500 containers fell into the ocean after the ship was battered by 30-foot waves during a fierce storm.
Jason Munkel and his father stream their Call of Duty games online every night. In the past year, they've gained more than 120,000 followers.
To promote the DVD and home media release of Ender's Game, a movie about fighting aliens, Lionsgate Films decided to sponsor a tournament for StarCraft II, a space strategy game where players can fight as or against aliens.
Originally published on Mon February 24, 2014 1:59 pm
Jason Munkel and his father Bill are 39 years apart in age, but since last year, they've been sitting down together to play Call of Duty: Ghosts almost every night.
They also broadcast their gameplay to more than 120,000 followers, who watch the father-son duo pursue and shoot enemies on the screen, and talk to them during the game. Sometimes they do this for six to seven hours a day, and their audience has grown dramatically in just one year, though not all watch every day.
The online magazine Ozy covers people, places and trends on the horizon. Co-founder Carlos Watson joins All Things Considered regularly to tell us about the site's latest feature stories.
This week, Watson talks with host Arun Rath about pay-as-you-go coffee shops popping up around the world that offer a place to work "without any kind of moral shame" or pressure to spend money on coffee and snacks.
They also discuss how the rise of the bioscience sector in Cleveland is revitalizing the city's economy.
The Federal Reserve today released transcripts of its meetings in 2008, back when the financial crisis was unfolding. The documents show Fed policymakers struggling to understand and respond to failing Wall Street banks and the global financial system in turmoil. NPR's John Ydstie has been reading through the transcripts and joins us now. Hey there, John.
JOHN YDSTIE, BYLINE: Hi, Audie.
CORNISH: So we've had these minutes, at least, right, from most of these meetings for years. What do we learn from the transcripts?
No rest for weary tech reporters this President's Day week, as the news on this beat tumbled forth fast and furiously. A look back at some of the topics dominating conversation follows, with NPR coverage in the "in case you missed it" section, and largely curated coverage from elsewhere in "The Big Conversation" and "Curiosities."
Originally published on Fri February 21, 2014 4:02 pm
The way that prescription drugs are advertised on TV could be better, especially when it comes to communicating the risks and side effects of medicines. Now the Food and Drug Administration is calling for research into how the ads could be improved.
The problem, as Michael Wolf, a health services researcher and cognitive scientist at Northwestern University's Feinberg School of Medicine describes it, is that most ads work like this: