In response to a petition filed on the online platform WeThePeople, the White House reaffirmed its backing for net neutrality in an official blog post written by Gene Sperling and Todd Park.
Legal & Regulatory
Plan to split California into six states gets approval to collect signatures for voting
Venture capitalist Tim Draper planned to split California into six states and make Silicon Valley a separate state, and the plan has not gained approval to collect signatures for voting.
Bitcoin speculators stand to make money from Mt. Gox crisis
The crisis Mt. Gox is facing has provided Bitcoin speculators with a grand buying opportunity that could give them a chance to earn a profit if the withdrawal ban gets lifted, CNNMoney reported.
Feds arrests San Francisco's startup Motionloft founder Jon Mills
The Federal Bureau of Investigation (FBI) confirmed that they arrested Jon Miller, the founder of San Francisco, US-based real-world analytics startup Motionloft, in connection with a false claim about an acquisition of the firm.
San Francisco compliance service provider Strevus bags $6.5M in first institutional funding
San Francisco, US-based startup software developer Strevus bagged $6.5 million in its first institutional funding led by Blumberg Capital and US Venture Partners for compliance solutions for financial services firms.
Latest News
Israel said on Wednesday it was considering regulation of bitcoin and warned citizens that using such decentralized virtual currencies was risky.
A New Zealand court on Wednesday ruled that the search warrant used in the arrest of Megaupload founder Kim Dotcom on U.S. online piracy charges was legal, dealing a blow to the internet entrepreneur's fight against extradition to the United States.
In 2010, China has blocked American cloud storage service Dropbox for an unconfirmed reason, but last week, the Asian country has once again opened its access to Dropbox, according to Tech In Asia.
An investigative report published by independent news organization Mother Jones said most federal judges are not keen to consider piracy claims based on computer Internet Protocol (IP) addresses, which are often used as proof to identify potential thefts.
Boston, US-based startup Dunwello snagged $1.4 million in funding from investors including NextView Ventures, Vegas Tech Fund, and G20 Ventures, to develop an online tool that will improve the process of employee evaluation.
The uncertainty of the US government on what to do with the Bitcoins it has confiscated from the Silk Road raid in October last year has already cost it paper losses amounting to $31 million, The New York Post reported.
Greenlight Capital has asked a New York state court to order the website Seeking Alpha to reveal the identity of the person who leaked the hedge fund's stake in Micron last year, Reuters reported.
Chinese bloggers asked for the help of US Secretary of State John Kerry to help push for Internet freedom in China in a meeting at the US Embassy in Beijing, Bloomberg reported.
JPSML A/c Copthall Mauritius Investment acquired a 0.6% stake in Mumbai, India-based clothing retail chain Future Retail for INR13.5 crore at INR91.88 apiece on the National Stock Exchange.
