By Nate Raymond NEW YORK (Reuters) – The U.S. government said on Monday it plans to auction over 2,700 bitcoins that were forfeited during several cases, several of which stemmed from investigations of the online black market known as Silk Road. The U.S. Marshals Service said that the online auction would be held on Aug. 22, and that potential bidders must register by Aug. 18.
By Julia Fioretti BRUSSELS (Reuters) – Facebook said on Monday it would appeal a court ruling ordering it to stop tracking the online activities of non-Facebook users in Belgium who visit Facebook pages, or face a 250,000 euro ($269,000) daily fine. Belgium's data protection regulator took the U.S. company to court in June, accusing it of trampling on EU privacy law by tracking people without a Facebook account without their consent. At stake is the so-called 'datr' cookie, which Facebook places on people's browsers when they visit a Facebook.com site or click a Facebook 'Like' button on other websites, allowing it to track the online activities of that browser.
Amazon.com Inc must face a trademark lawsuit brought by a watchmaker which says the online retailer's search results can cause confusion for potential customers, a federal appeals court ruled. The 2-1 opinion from the 9th U.S. Circuit Court of Appeals in San Francisco on Monday reversed a lower court ruling, and said high-end watchmaker Multi Time Machine Inc. is entitled to a trial on its trademark allegations. An Amazon representative could not immediately be reached for comment.
Canadian e-commerce software maker Shopify Inc's shares rose as much as 69 percent in their U.S. debut, valuing the company at about $2.14 billion. Shopify, which also debuted on the Toronto Stock Exchange on Thursday, is the first Canadian company to be listed on a U.S. exchange this year. Ottawa-based Shopify helps small- and medium-sized retailers set up their online stores for a monthly subscription fee of $29-$179.