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Twitter appoints Jack Dorsey CEO, seeks new chairman

Twitter Inc named Jack Dorsey as its permanent CEO but said it would look elsewhere for a chairman, seeking to allay concerns about its co-founder’s dual role as head of the mobile payments company Square. Twitter’s shares rose as much as 6 percent on Monday after the announcement, which ended months of speculation about who would take the top job at the microblogging service. Dorsey has been running Twitter as

U.S. to hold final auction of bitcoins from Silk Road case

The U.S. government on Monday announced that it would hold a final auction of bitcoins seized during the prosecution of the creator of Silk Road, an online black market where illegal drugs and other goods could be purchased with the digital currency. The U.S. Marshals Service said it would hold an online auction on Nov. 5 for about 44,341 bitcoins. The auction will be the last of bitcoins the government

Rare Tintin drawing fetches $1 million in Hong Kong

A rare drawing of comic book hero Tintin by Belgian cartoonist Herge fetched over $1 million at auction in Hong Kong Monday as experts say comic art is becoming as collectible as paintings. The artwork is an illustration from the cartoonist’s “The Blue Lotus” book, published in 1936, which sees Tintin and sidekick Snowy the dog on an adventure in Shanghai. It sold for HK$9.6 million ($1.2 million) and French

Updated: Apple is the reason you can't get naked on Instagram

Instagram claims to stand for artistic freedom, yet the service has taken down photos that include nudity from the accounts of Miley Cyrus, Naomi Campbell and countless other users – but according to the CEO it’s not the app’s fault. Instagram CEO Kevyn Systrom has claimed Apple is the reason the app doesn’t include naked photos as the App Store has regulations against nudity. At the moment you can only