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Monday, Aug 20

Newsfeed Update: 08.20.12

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Some Groupon Investors Give Up (AllThingsD)
Some of the early backers of Groupon Inc., including Silicon Valley veteran Marc Andreessen, are heading for the exits, joining investors who have lost faith in companies that had been expected to drive a new Internet boom.

Barnes & Noble To Launch Nook In The UK (AppNewser)
Barnes & Noble is expanding its Nook business to the UK. The book retailer will begin selling its eReaders through the storefront in mid-October.

WikiLeaks Bypasses Financial Blockade With Bitcoin (Forbes)
Following a massive release of secret U.S. diplomatic cables in November 2010, donations to WikiLeaks were blocked by Bank of America, VISA, MasterCard, PayPal and Western Union on December 7th, 2010. Although private companies certainly have a right to select which transactions to process or not, the political environment produced less than a fair and objective decision. Fortunately, there is a way around this and other financial blockades with a global payment method immune to political pressure and monetary censorship.

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