Is It A Crime to Host a Website
The man accused of operating Silk Road, a deep web marketplace where illegal drugs were sold, has been found guilty.
Ross Ulbricht, 30, was convicted by a Manhattan jury on all seven counts including narcotics and money laundering conspiracies.
Prosecutors said more than a million drug deals took place on Silk Road, earning Ulbricht about $18m in Bitcoins, his defence lawyers have argued he was framed for much of the site's activity and had quit the site. The jury deliberated for less than a day before making a decision, with Ross Ulbricht possibly facing a life sentence.
The Silk Road shut down in 2013 following raids by the FBI and other law enforcement agencies which said it was trading in illegal drugs.
Toshiba an Official Sponsor of the Rugby World Cup 2015
Toshiba today announced it has been appointed an Official Sponsor of the Rugby World Cup 2015, renewing the company’s support for the biggest tournament in rugby for the third consecutive time.
Rugby World Cup 2015 will see 48 matches take place across England and Wales from September 18 to October 31, 2015.
Read more: Toshiba an Official Sponsor of the Rugby World Cup 2015
IBM Planning to Shed 111,800 Jobs
IBM is planning its largest staff layoff ever, with 111,800 roles said to be being cut this week, according to reports.
That amounts to 26 per cent of the company's total 430,000 workforce, and will dwarf IBM's last big layoff of 1993, when 60,000 staff were shown the door.
The First Use Of The Word "Computer"
The first use of the word "computer" was recorded in 1613, referring to a person who carried out calculations, or computations, and the word continued with the same meaning until the middle of the 20th century. From the end of the 19th century onwards, the word began to take on its more familiar meaning, describing a machine that carries out computations.
Apple Biggest Quarterly Profit
Apple reported a net profit of $18bn (£11.8bn) in its fiscal first quarter, which tops the $15.9bn made by ExxonMobil in the second quarter of 2012, according to Standard and Poor's.
Apple sold 74.5 million iPhones in the three months to 27 December - well ahead of most analysts' expectations. In a conference call with financial analysts Apple's chief executive Tim Cook said that demand for phones was "staggering". However, this could be at the cost of iPad sales, falling by 18% in 2014 from a year earlier.
Apple's impressive results represent a significant shift towards the massive untapped potential of China, with a strong line-up of devices entering the final quarter, it was able to reap the fruits of its deal with the world's biggest mobile network, China Mobile.
However, the following a recent inquiry by the UK BBC using undercover BBC Panorama investigators the programme, revealed poor treatment of workers in Chinese factories which make Apple products. Filming on an iPhone 6 production line showed Apple's promises to protect workers were routinely broken.
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