Home / Business


This Robot Plant Needs You and Bitcoin to Reproduce

If androids dream of electric sheep, then Plantoids dream of digital currency. The robot plant species, debuted at last month’s Ars Electronica festival by French artist group Okhaos, relies on bitcoin to stay alive and – once it has enough – even reproduce. How does it work? Just as bees …

Read More »

Apple’s Deep Learning Curve

Photographer: David Paul Morris/Bloomberg

The company’s secrecy is hurting its AI software development. In the world of artificial intelligence, one of the year’s biggest coming-out parties is the Neural Information Processing Systems conference. Thousands of researchers from universities and software companies gather to share their work and wrestle with new ways to tailor software …

Read More »

Greek Banks Face $15.9 Billion Bill After Economic Debacle

Four Greek banks to submit recapitalization plans by Nov. 6 ECB conducted asset-quality review and stress test of lenders Greece’s four main banks must raise 14.4 billion euros ($15.9 billion) in fresh capital, the European Central Bank said, as investors and taxpayers face the cost of repairing the damage from …

Read More »

Europe’s Last Dictator Has Become the Darling of the Bond Market

EU lifted Belarus asset freeze, travel ban on Thursday Belarus Eurobonds are `mispriced,’ Ashmore’s Dehn Says He’s known as Europe’s last dictator, he mangles financial terminology and his secret service once jailed the chief executive officer of the world’s biggest potash miner. He’s also turning into a darling of the …

Read More »

Bitcoin in the Headlines: Blockchain Scores Economist Cover

First Bloomberg, now The Economist.

Bitcoin in the Headlines is a weekly analysis of industry media coverage and its impact. In yet another sign that mainstream news coverage is all about blockchain technology, one of the world’s most prestigious financial publications devoted its front cover to the emerging technology – and the week was not …

Read More »

What It Took to Make the Most Complicated Watch Ever

With 57 complications, the Vacheron Constantin "Tivoli" is the most complex watch ever made. Photographer: Stephen Pulvirent/Bloomberg

It’s probably the second-most-expensive watch, too. A few weeks ago, Vacheron Constantin announced that it had made the most complicated mechanical watch ever. When the massive pocket watch came to the United States, we sat down with Dominique Bernaz, director of Vacheron’s bespoke watch department, to find out just what …

Read More »

Bitcoin Price Hits New High for 2015

The price of bitcoin has hit a new high for 2015, with the CoinDesk Bitcoin Price Index (BPI) peaking at $333.75 this morning. Bitcoin, which opened the day at $313.31, rose 6.5% to $333.75 at 8.16am (UTC). It has since decreased to $326.55 at press time. The cryptocurrency began the …

Read More »

How Payment Giants Are Embracing Bitcoin and Blockchain Tech

MasterCard’s participation in Digital Currency Group’s undisclosed funding round sent ripples of excitement across the crypto-sphere earlier this week. While this is MasterCard’s first crypto-related investment, the multinational corporation is not the first mainstream finance company to dip its toe in the bitcoin and blockchain technology pool. Banks have publicly …

Read More »