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SEC: Hacker Manipulated Stock Prices

U.S. regulators are moving to freeze the assets and trading accounts of a Russian accused of hacking into personal online portfolios and manipulating the price of dozens of stocks listed on the Nasdaq Stock Market and New York Stock Exchange. The Securities and Exchange Commission is asking a federal judge to freeze all movement of assets of Broco Investments, believed to be a one-trader operation based in St.

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Tuesday, March 16th, 2010 P2P News No Comments

Missing funny bone leads to DMCA for Awkward Stock Photos

One of the most recent Internet meme trends has been to launch a site of ridiculous, funny, or awkward photos of things and people that are otherwise found in everyday life. You’re probably familiar with some of them: People of Walmart , LATFH , Awkward Family Photos , Regretsy , and so on. Usually these sites become so virally popular that they end up getting book deals, but that’s not the case for one such site.

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Friday, February 5th, 2010 P2P News No Comments

etc: Most trades on the stock market are made automatically an…

Most trades on the stock market are made automatically and in milliseconds under the direction of computer programs. MIT’s Technology Review has an in-depth feature on automated trading. Read More: Technology Review , Ars Technica What is an “etc post?”

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Monday, December 21st, 2009 P2P News No Comments

GeoCities gets faceful of wrecking ball

How many blinking GIFs will be saved? Yahoo! is demolishing GeoCities today, a decade after acquiring the ticky-tacky build-your-own-website service for $3.57bn in stock.…

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Monday, October 26th, 2009 P2P News No Comments

GGF’s Stock Gets Relisted

Pirate Bay buyer finds a new home for its stock on the Mangold Fondkommission, though seems no closer to completing the acquisition. Exactly 10 days ago Global Gaming Factory (GGF), the software developer trying to buy Swedish BitTorrent tracker site the Pirate Bay, was found guilty of misleading AktieTorget, the stock market where it was traded, and formally delisted. Aktietorget had first suspended the stock back in August so that GGF could prove that “more than 60 million kronor has been offered by investors” to finance its purchase of the Pirate Bay to “establish a system of legal downloading.” It was later referred to its disciplinary committee for formal review where it was ultimately sanctioned.

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Saturday, September 19th, 2009 P2P News No Comments