Starbucks Wi-Fi caught mining for bitcoin

Did you know that when you're logging into the Wi-Fi at Starbucks, you could have code installed on your laptop that is used to mine for bitcoin.This is what recently happened to one man who stumbled across the code after joining... Source: NZ Herald Business News

By | December 13th, 2017|Business|0 Comments

Venezuelans seeing bitcoin boom as survival, not speculation

CARACAS, Venezuela (AP) — In the last month, John Villar has bought two plane tickets to Colombia, purchased his wife's medication and paid the employees of his startup business in Venezuela — all in bitcoin.As Venezuela's national... Source: NZ Herald Business News

By | December 13th, 2017|Business|0 Comments

The Latest: Sources say deal reached on tax overhaul

WASHINGTON (AP) — The Latest on the Republican tax overhaul (all times local):11:56 a.m.House and Senate GOP leaders have forged an agreement on a sweeping overhaul of the nation's tax laws. That paves the way for final votes... Source: NZ Herald Business News

By | December 13th, 2017|Business|0 Comments

Future Napier Port funding up for discussion

Future funding of Napier Port's development, protecting investments, and getting more bang for the Hawke's Bay ratepayer's buck have been addressed in a new report, which will affect what happens in the region until 2028. Yesterday... Source: NZ Herald Business News

By | December 13th, 2017|Business|0 Comments

North Korea on the hunt for bitcoins

Kim Jong-un is a bitcoin fan.As the worldwide mania continues, experts have warned the brutal North Korean regime is taking a keen interest in getting its hands on as much bitcoin as possible — through "ransomware" attacks such... Source: NZ Herald Business News

By | December 13th, 2017|Business|0 Comments

Big Read: China lacks talent to become powerhouse in artificial intelligence

David Wei's employer, a Beijing-based artificial intelligence start-up, doubled his previous salary and offered share options to entice him to come and work on the company's AI-powered software for the legal industry.That was eight... Source: NZ Herald Business News

By | December 13th, 2017|Business|0 Comments

Legislation to ban foreigners from buying existing homes will be introduced tomorrow

Legislation to ban foreigners from buying existing homes will be introduced tomorrow - although some non-residents and citizens will be allowed to buy property.Housing Minister Phil Twyford and Land Information Minister Eugenie... Source: NZ Herald Business News

By | December 13th, 2017|Business|0 Comments

A2 Milk helps lead sharemarket to record high

New Zealand shares edged up to a new record, led by stock market operator NZX and as investors changed their tune on a2 Milk Co late in the day. Air New Zealand fell on disappointing monthly metrics. The S&P/NZX 50 index increased... Source: NZ Herald Business News

By | December 13th, 2017|Business|0 Comments

Indonesia politician's graft trial delayed by stomach woes

JAKARTA, Indonesia (AP) — A top Indonesian politician accused of involvement in one of the country's biggest corruption scandals told a court on the first day of his trial he's suffering a stomach complaint, forcing a postponement... Source: NZ Herald Business News

By | December 13th, 2017|Business|0 Comments

Asian shares fall back as investors cautious over Fed, China

TOKYO (AP) — Shares were mostly lower in Asia on Tuesday as investors stepped back after several days of advances, erasing early gains. Markets are awaiting the Federal Reserve meeting on Wednesday and the outcome of a major Chinese... Source: NZ Herald Business News

By | December 12th, 2017|Business|0 Comments