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2016/05/02

Bitcoin's Creator Unmasked

With Brazil set to host the first Olympics that includes a team of refugees, the country’s government is in talks with the European Union about taking in more refugees from Syria. Those already in Brazil, however, are questioning whether they can build successful futures in South America’s largest nation — as the country struggles with a recession and limited economic opportunities.

 
 
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With Brazil set to host the first Olympics that includes a team of refugees, the country’s government is in talks with the European Union about taking in more refugees from Syria. Those already in Brazil, however, are questioning whether they can build successful futures in South America’s largest nation — as the country struggles with a recession and limited economic opportunities.

Australian entrepreneur Craig Wright has publicly identified himself as the creator of the Bitcoin digital currency. The identity of the currency’s creator has been shrouded in secrecy for years, but media outlets last year claimed that Wright was the real person behind Bitcoin. Wright has reportedly provided technical proof to back up his claims, and leading members of the bitcoin community have backed his assertion.

Tuesday’s Indiana primary is shaping up to be a moment of truth for Texas Sen. Ted Cruz. With polling showing Donald Trump with a 15-point lead over his rivals, Cruz’s chances of victory appear slim. But sources inside his campaign have admitted that a loss to Trump in the Hoosier State would significantly hurt his chances of winning the Republican nomination.

The insurance giant is expected to reveal pretax profits of $1.9 billion in the first quarter of 2016, when it announces earnings after the closing bell Monday. That would amount to a 49 percent fall from the same quarter last year, when it reported $3.77 billion. Earnings per share and overall revenue are also expected to drop from the same period a year ago.

HERE'S WHAT YOU MISSED LAST NIGHT.

U.S. oil services companies Halliburton and Baker Hughes called off their proposed merger late Sunday, amid concerns raised by U.S. and European antitrust regulators. The merger would have combined the world’s second- and third-largest oil services companies, and was valued at $28 billion. But regulators warned the “duopoloy” would hurt competition and lead to higher prices in the sector.

Police brutality is increasingly in the media spotlight, driven in part by the proliferation of videos shot by bystanders on their cell phones. But what happens when officers demand that those videos be deleted? IBT examines the legality of police officers’ reactions to being filmed on the job, and what your rights are as a citizen.

The United States and India are in discussions about increasing cooperation on submarine tracking and anti-submarine warfare in the Indian ocean. The discussions come against a backdrop of increasing assertiveness from China in the region — Indian naval officials have reported spotting Chinese submarines an average four times every three months in the area.

Police in the Egyptian capital Cairo on Sunday raided the press syndicate in the city and arrested two journalists critical of the government, a syndicate official and reporters said. Security forces have sought to quell dissent since thousands took to the streets on April 15 to protest a decision by President Abdel Fattah Sisi to hand over two islands to Saudi Arabia.

AND THEN THERE'S THIS...

Performing pachyderms marched into history Sunday, after the Ringling Bros. and Barnum & Bailey Circus retired their performing animals after a final performance before an audience of 12,000 in Rhode Island. The elephants will retire and join the Ringling Bros. Center for Elephant Conservation in Florida.

To mark the five years since U.S. forces killed al Qaeda leader Osama Bin Laden, the CIA’s Twitter account on Sunday chose to “live-tweet” the raid as if it were taking place today. The move was not particularly well received on Twitter, with some users branding it “unprofessional,” and “grotesque.”

 
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