Visa Shuts Down Crypto Credit Card Company Without Warning: “All the Cards Were Shut Down in One Second”

Gibralta based payment solutions company, Wavecrest, was shut down by Visa today — stranding thousands of people with Bitcoin credit cards now effectively worthless. Source: CNBC The card provider, WaveCrest, confirmed in an email to CNBC that it was required “to immediately close all Visa cards.” “As a licensed E-Money […]

‘Toward a cashless society’ – Gov’t to limit cash transactions

Finance Ministry pushing to limit use of cash, checks between private individuals, businesses. Cash payments over $1450 to be banned. Israel’s Finance Ministry is pushing to limit the use of cash in private business transactions, both between customers and businesses, as well as between private individuals. Based on the findings […]

Plumbers and electricians are the workers who will be last to lose their jobs to robots, AI expert reveals

But Mr Ford, whose most recent book is called Rise of the Robots: Technology and the Threat of a Jobless Future, warns that humans cannot become to complacent about the oncoming AI revolution. Speaking to Daily Star Online, Mr Ford warned that most jobs are going to be carried out by […]

U.S. demands CNN or DirecTV sale to approve AT&T/Time Warner deal -sources

NEW YORK/WASHINGTON (Reuters) – The U.S. Department of Justice is pushing AT&T Inc (T.N) to sell Turner Broadcasting, parent of CNN cable network, or its DirecTV satellite television unit to satisfy antitrust concerns over its purchase of Time Warner Inc (TWX.N), sources told Reuters on Wednesday. U.S. President Donald Trump […]

Get Rid of Capitalism? Millennials Are Ready to Talk About It

Ben Silverman Bloomberg One of the hottest tickets in New York City this weekend was a discussion on whether to overthrow capitalism. The first run of tickets to “Capitalism: A Debate” sold out in a day. So the organizers, a pair of magazines with clear ideological affiliations, socialist Jacobin and libertarian Reason, found a larger venue: […]

Venezuela: Teenage Girls Turn to Prostitution to Fight Starvation

Ben Kew Breitbart (Archive) Growing numbers of young girls in Venezuela are selling their bodies for sex in exchange for food as the crisis-stricken country’s humanitarian crisis continues to worsen. A report from the American Spanish-language channel Telemundo recounts a 13-year-old girl’s experience of the sex trade. “Neither my mother nor my father […]

Drone delivers fried chicken to residents of city in Fukushima

The Asahi Shimbun (Archive) MINAMI-SOMA, Fukushima Prefecture–An experimental project using a drone to deliver fried foods has started in this city affected by the 2011 Fukushima nuclear disaster. The joint project by Internet company Rakuten Inc. and convenience store operator Lawson Inc. is aimed at spurring the return of elderly evacuees […]

China says insulting anthem now criminal, punishable by jail

The Associated Press (Archive) BEIJING–China’s rubber-stamp legislature on Saturday made disrespecting the national anthem a criminal offense punishable by up to three years in prison amid rising nationalist appeals from the ruling Communist Party under the leadership of President Xi Jinping. The Standing Committee of the National People’s Congress passed […]

No cash accepted at Tokyo eatery to deal with labor shortage

Azusa Ushio The Asahi Shimbun (Archive) FUKUOKA–Restaurant chain operator Royal Holdings Co. has cooked up an innovative solution to overcome the labor shortage problem–eliminating cash payments. Cashless restaurant Gathering Table Pantry will open on a trial basis in Tokyo on Nov. 6 with a “No Cash” sign at its entrance. […]