The Long Island Iced Tea Corporation, aptly-named, is now the "Long Blockchain Corporation". The stock market was so pleased by the change of name that its stock price tripled. The company will continue to make iced tea beverages, but it's sure it'll figure out something with blockchains, the technical process used by Bitcoin and other cryptocurrencies as a public ledger to ensure the trustworthiness of private transactions.
The new blockchain efforts are only in their "preliminary stages," the press release says, and will likely involve investing or forming partnerships with other companies. One potential partner is providing "blockchain infrastructure for the financial services industry." Another is building a "new smart contract platform for building decentralized applications."
A Charleston man was charged with fraud this week [justice.gov] after investigators unraveled an elaborate scheme to take control of IP addresses. More than 750,000 were snagged, reports the BBC, then sold on. The US Department of Justice claims that Mr Golestan “fraudulently” won control of the net addresses by using many different shell companies. […]
Uber’s future prospects depend on doubling fares and halving drivers’ pay, or replacing them all with self-driving cars that won’t exist for years. What could go wrong? Experts are hitting the brakes on Uber’s trading debut. The ride-hailing company’s highly anticipated initial public offering failed to impress investors on Friday, with the stock pricing at […]
In this interesting post from 2015—getting a viral second wind—Alex Danco offers a model to understand how the “middle ground” of interest in things is fading. That’s the normal distribution, the traditional bell curve that suggests the best place to make your business is at a middle optimum of scale and interest, like so: Instead, […]
Vape technology has been around long enough that vapers are starting to get picky about their gear. Luckily, so are we. From disposable models to cutting-edge touchscreen atomizers, there’s a vaporizer in this roundup to suit every taste. Hera 2 – World’s Most Advanced Dual-Use Vaporizer Choose between dry herb or oil extraction modes – […]
With enough practice and commitment, anyone can be a visual artist. But without the right instruction, that time spent honing your skills could seem like an eternity. If you really want to see where your talent can take you, you need sound fundamentals – and no matter what discipline or genre you lean toward, the […]
Theoretically, there’s never been an easier time for marketers. The ubiquity of social media means a good word – or a good brand – can spread like wildfire with very little effort. But as limitless as the internet is, there’s a lot of competition and noise to contend with. And the vast graveyard of failed […]