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On Wednesday, Tokyo-based Bitcoin exchange Mt. Gox “ reassured everyone ” that its CEO Mark Karpeles was still in Japan and working to “ find a solution to our recent issues.” It turns out that solution is filing for bankruptcy. Having halted withdrawals for over a month, Mt. Gox says 750,000 of its customers’ Bitcoins are gone and more than 100,000 of its own. At Bitcoin’s current surprising stable $550 – $570 value , and more than 100,000 of its own coins, that’s around $475 million. Ouch. California’s goal to increase the use of energy storage to complement solar energy generation will open up a new battle ground between utilities and renewable energy proponents. That tension is already present even though the state is just gearing up to be what its policy makers hope will be a testing ground and booming market for innovative storage technologies. Lyndon Rive, CEO of SolarCity, spoke at a panel discussion hosted by the California Public Utilities Commission on Thursday. When he talked about how long it took a local utility to approve the grid connection of battery systems his company had installed, Elon Musk, chairman of SolarCity and CEO of Tesla Motors responded, “The average wait is eight months? That’s crazy.” After signing on Ashton Kutcher as a product engineer -- and then going on to release a pair of poorly received tablets -- Lenovo is dusting itself off. A marketing executive told Recode that the company is once again teaming up with Kutcher, this time on a line of special edition smartphones. Unfortunately, details about the devices are scarce for now. All that is known is that they're due out later this year. And that contrary to expectations, Kutcher will in fact have a say in the product design. Apple CEO Tim Cook is still trying to convince shareholders that the iPhone maker remains a step ahead in the race to innovate, even though recent performance of the company's stock lags behind other technology trendsetters. Cook tantalized the crowd at one point when he told them he planned to provide a glimpse at the upcoming products, but it turned out to be just a tease. He said he was only joking and didn't provide a timetable for the products' release.
Oscar night in Los Angeles -- a chance for the stars to make their big reveals. With heavy rain throwing cold water on the red carpet, Blue Jasmine Co-Stars Cate Blanchett and Sally Hawkins are preparing for anything. (SOUNDBITE) (English) CATE BLANCHETT, "BLUE JASMINE" ACTRESS, SAYING: "Actually, we could bring those granny, plastic (Hawkins saying "Crocs") Crocs is a great idea. Heeled crocs. (Hawkins saying "But no plastic bags") You know - what are those plastic coverings that you wear with those boots? Booty covers." Rain or shine, the show must go on, as Hollywood marks the 86th Annual Academy Awards.
ROUGH CUT (NO REPORTER NARRATION) Ahead of winning best supporting actor for "Dallas Buyers Club" Jared Leto tells Reuters TV "I've won so much already." Leto, 42, who has swept all the major acting awards this season. A biopic set in 1985 Dallas, the film stars Oscar nominee Matthew McConaughey as electrician and hustler Ron Woodroof, who works around the system to help AIDS patients get the medication they need after he is himself diagnosed with the disease. Leto plays his transgendered side-kick, Rayon. The film has been a breakout success story, garnering awards and attention from various film festivals, and is Leto's first film role in six years. The actor rose to fame as a complex teenager on 1990s TV series "My So-Called Life" and has had roles in 1999's "Fight Club," 2000's "Requiem for a Dream" and 2002's "Panic Room," He recently focused on being the frontman of the rock band 30 Seconds to Mars.
Russia's decision to send troops to the Ukrainian region of Crimea is drawing condemnation from protesters around the world. From Germany. (SOUNDBITE) (German) GERMAN PROTESTER WALTER SCHMIDT, SAYING: "One can simply not accept that a despot like Putin is actually eating up Crimea, or even more just as if it was a bloody steak that he is consuming. One has to say 'stop, you won't get any further'. I am sorry." To Latvia. (SOUNDBITE) (Latvian) PROTESTER, ARNOLDS BUKBARTS, SAYING: "Everything happens now the same way it was done by Hitler and Stalin in 1939. It is all the same." To the United States. (SOUNDBITE) PROTESTER SAYING: "Any nationality that surrounds Russia should be concerned about this development, because it shows that Russia is very assertive. It becomes more and more confident that the West will let it go with its aggressive plans, with its assertiveness." Protesters are gathering outside Russian embassies in opp
U.S. stock futures fell on Sunday evening as signs of escalation in Ukraine threatened to knock the S&P 500 from its record high. Dow Jones futures declined 107 points, or 0.7%, to 16199 after trading began in U.S. equity index futures. S&P 500 index futures dropped 14 points, or 0.7%, to 1843.
ROUGH CUT (NO REPORTER NARRATION) Danish drama "The Hunt" has at least one advantage over its rivals in its bid to win the best foreign-language picture Oscar: the familiar face of Mads Mikkelsen. Mikkelsen, the 48-year-old star of NBC television thriller "Hannibal," is no unknown to Oscar voters. The Danish actor has starred in three Oscar-nominated films over the last decade from the nation of about 5.6 million people. Mikkelsen's work in Hollywood and his association with the upper echelon of the Danish film industry underscore his ability to maintain a high profile in both the United States and his home country. Director Thomas Vinterberg's "The Hunt" ("Jagten") is the fourth Danish film to pick up an Oscar nomination since 2006. It is the third Oscar-nominated film from Denmark to star Mikkelsen, who was in the 2012 period film "A Royal Affair" and the 2006 drama "After the Wedding." Danish drama "In a Better World," by director Susanne Bi
Not even the Carnival holiday stops thousands from protesting in Venezuela. Instead, demonstrators brought the holiday's festive colors with them to the streets of Caracas, demanding change. (SOUNDBITE) (Spanish) PROTESTER ROBERTO TEXEIRA SAYING: "We're protesting because we want the same Venezuela from 15 years ago. We lost our liberty. The youth can't enjoy being out in the streets. We can't go skating. We can't go out anymore because the crime is doing us in." Protests against President Nicolas Maduro have been ongoing for nearly a month. Grievances include what they call heavy-handed repression, high inflation, a shocking rate of violent crime and basic food shortages. (SOUNDBITE) (Spanish) PROTESTER VANESA CAMPOVERDE SAYING: "I am coming here to protest because I just simply feel the need to. And it's not just me but rather all Venezuelans. We need a future, we need to study because the truth is that there are no jobs and that isn't possib
Western powers on Sunday prepared a tough response to Russia's military advance into Ukraine and warned that Moscow could face economic penalties, diplomatic isolation and bolstered allied defenses in Europe unless it retreats. The crisis may prove to be a game-changer for President Barack Obama's national security policy, forcing him to give up his foreign policy shift to Asia, and to maintain U.S. troop levels in Europe to limit Russia's reach.
Authorities on Sunday blamed a slashing rampage that killed 29 people and wounded 143 at a train station in southern China on separatists from the country's far west, while local residents said government crackdowns had taken their toll on the alleged culprits. The official Xinhua News Agency said, that the police fatally shot four of the assailants — putting the overall death toll at 33 — and captured another after the attack late Saturday in Kunming, the capital of Yunnan province.
A massive winter storm system packing cold air, snow and freezing rain was pummeling the central United States on Sunday and headed for the East Coast, sending temperatures plummeting and causing major delays for weekend travelers.Rainfall and snow associated with the system will stretch over 1,500 miles, from southeastern Colorado to southern Massachusetts, meteorologists said.
Hundreds of thousands of Ultra-Orthodox Jews protest at the entrance to Jerusalem, according to authorities. But it's not a protest familiar to other nations, rather, it's being conducted as a mass prayer. Israeli authorities say hundreds of thousands attended. They're protesting a draft law could potentially end decades of military exemptions. (SOUNDBITE) (English) WOMAN FROM ULTRA-ORTHODOX JEWS, SARAH, SAYING: "It is important to tell the state of Israel that we are opposed to their political philosophies - that we feel that the contribution that the Haredi elements of society are making will help the army and through our contributions on the religious spectrum we are arm in arm with the army helping the state of Israel." The ultra-orthodox - or Haredim - say the study of holy scriptures is a foundation of Jewish life. Haredim make up about 10 percent of Israel's population. They say scholars devote themselves full-time to the tradition and t
Western powers are prepared "to go to the hilt" to isolate Russia for its military incursion into Ukraine, "an incredible act of aggression" that may lead to visa bans, asset freezes, trade and investment penalties, and a boycott of a Russian-hosted economic summit of global powers in June, Secretary of State John Kerry said Sunday.
As wax begins melting onto the ground and bouquets of flowers pile up nearby, residents of China's Kunming city mourn. They're gathered in front of a train station where officials say knife-wielding attackers stabbed 29 people to death and injured more than 130 others. A migrant worker from a neighboring province explains the vigil. (SOUNDBITE)(Mandarin) MIGRANT WORKER WU BAO SAYING: "The 3.1 represents March the 1st for the compatriots who left us yesterday. It's hard to express. Of course I feel terrible, everyone feels terrible." Security maintained a heavy presence around the station on Sunday evening. The area by ticket offices where the attack took place remained closed off. A pile of unclaimed traveling bags still lies on the floor. Back at the vigil, the grief continues. (SOUNDBITE) (Mandarin) SECURITY GUARD RESIDENT CHEN BING SAYING: "I'm from Kunming. Yesterday I came back from outside the city and I heard about this
ROUGH CUT (NO REPORTER NARRATION) STORY; Kenzo energised Paris Fashion Week on Sunday (March 2) with a tangy Autumn/Winter 2014 collection which burst with fresh lime shades and tart reds. American actress Jessica Alba, a Kenzo regular, admired the collection from the front row. Black zig zag stripes twisted onto a green one piece suit while gold and silver sequinned patterns were woven onto a citrus green skirt and top, giving the collection a cool yet classy touch. A lot of layered ensembles made it out onto the catwalk -- a short skirt with glittering rust patterns was paired with a matching black and white over-lapping top while voluminous coats were abundant.. Designer duo Humberto Leon and Carol Lim said they worked with American director David Lynch, of 'Mulholland Drive' fame, to design the collection, giving it a sweet and sour look with a twist. The collection was dotted with accessories -- quilted and furry bags and chunky industrial looking shoes. "We wanted colour to
As hundreds of armed men surrounded a Ukrainian military base in Crimea on Sunday, world leaders and Ukraine's new prime minister urged Russian President Vladimir Putin to pull back his military. U.S. Secretary of State John Kerry called Russia's military incursion into Ukraine "an incredible act of aggression" — comments that came a day after Russian forces took over the strategic Black Sea peninsula of Crimea from Ukraine without firing a shot.
Anti-war protesters rally in St. Petersburg to denounce Russia's plan to invade Ukraine. (SOUNDBITE) (Russian) ANTI-WAR PROTESTER, STEFANIA KULAYEVA, SAYING: "We came here with this banner because we believe that the military intervention in Crimea is like the Anschluss, an absolute disgrace for our country. We are against it. We want to state that we are totally against Russia deploying its troops - again - in other countries." Protesters holding a banner that read "We are for peace" were stripped of their poster, and taken away. This man suffered from a nosebleed after clashes broke out with supporters of the plan. As police urged protesters to disperse, arguments ensued. (SOUNDBITE) (Russian) PRO-PUTIN LOCAL LEGISLATOR VITALY MILONOV, ARGUING WITH ANTI-WAR PROTESTER, SAYING: "Are you against us defending our Russian and Ukrainian brothers from those thugs? I have been there in Ukraine! And I have seen those bastards there, your friends!"