06Mar 2018 by richard@baronsoftware.com

Bitcoin creator slapped with $10 billion lawsuit

News Items
Bitcoin creator slapped with $10 billion lawsuit Craig Wright, the Australian who has previously claimed to be Bitcoin creator Satoshi Nakamoto, is the subject of a multi billion dollar lawsuit. Wright is being sued by the estate of David Kleiman, who was thought to have co-created the cryptocurrency with the Australian. Kleiman passed away in 2013, but Kleiman's brother Ira claims that Wright somehow appropriated his former partner's bitcoin hoard. According to Motherboard, either Wright and Kleiman were involved in the creation of Bitcoin, or were there moments after the platform was created. Consequently, they apparently had access to mining tools at its earliest time, enabling them to rack up a small fortune in cryptocurrency. The pair are thought to have controlled anything up to 1.1 million BTC, although it's clear that nobody…
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24Jan 2017 by richard@baronsoftware.com

Labor Department sues Oracle Claiming hiring and pay Infractions

Software Events
Labor Department sues Oracle Claiming hiring and pay Infractions   The U.S. Department of Labor warns that the lawsuit could cost Oracle multiple millions of dollars in federal IT contracts if it is found in litigation to be non-compliant to federal rules.  On January 18th a lawsuit contending that Oracle has made a practice of paying white men more then other men and women. It also unfairly favoring Asian workers when recruiting and hiring for technical positions. Since 1977  Oracle employs 136,000 globally with about 37 percent classified as minorities and 29 percent of which are women.   Women comprise 25 percent of the company's management positions. Source Cites Possible Political Motivation One source cites that there could be a possible political motivation behind the lawsuit.    The source quoted to…
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