iPhones


Apple’s decision to remove a program used to send and receive Bitcoins from its App Store prompted Barry Silbert to end a love affair with his iPhone. “I’m switching,” Silbert, chief executive officer of New York-based SecondMarket Inc., said in an e-mail after Apple this week removed his Bitcoin application of choice, Blockchain.info. “Shopping for a new phone this weekend.” From Wall Street to Silicon Valley, technology enthusiasts who used to see the Cupertino, California-based company as a kindred spirit are voicing their frustration over its policies. Apple requires apps to be legal everywhere they’re offered, and some governments including China and India have questioned Bitcoin’s legal status. [Bloomberg]

Phil Falcone has apparently found yet another bright side to being banned from the securities industry for 5 years: free time to run errands in the middle of the day. Read more »