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Liberty Global Plc (LBTYA) co-Chief Financial Officer Charles Bracken said that regulators would probably give their permission if Vodafone Group Plc (VOD) tries to buy its German business.

I think they would approve it, Bracken told a small group of attendees yesterday after an investor presentation in Barcelona. If Vodafone were to make an offer, it would be up to Liberty Globals billionaire Chairman John Malone to decide whether he wants to sell, he said. Vodafone and Liberty Global own the two biggest cable operators in Germany.

We got a good thing going here, we reckon we can drive this thing with a reasonably high share, Bracken said, referring to Liberty Globals European business. On that basis there is no reason to abandon ship, but its up to John.

Vodafone has stepped into European cable operations, snapping up Germanys largest operator, Kabel Deutschland Holding AG, and Grupo Corporativo Ono SA of Spain for about 15 billion euros ($18.6 billion) in the past two years. Chief Executive Officer Vittorio Colao, when asked in September whether Liberty Global would be a good fit for the wireless carrier, said he would consider it for the right price.

Liberty Global has a market value of about $35 billion, compared with $95 billion for Vodafone.

Chief executive officer of Vodafone Group Plc, Vittorio Colao, when asked in September whether Liberty Global would be a good fit for the wireless carrier, said he would consider it “for the right price.” Close

Chief executive officer of Vodafone Group Plc, Vittorio Colao, when asked in September… Read More

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Chief executive officer of Vodafone Group Plc, Vittorio Colao, when asked in September whether Liberty Global would be a good fit for the wireless carrier, said he would consider it “for the right price.”

Ben Padovan, a spokesman for Newbury, England-based Vodafone, declined to comment whether the company is interested in Liberty Globals assets. Marcus Smith, a Liberty Global spokesman, declined to comment beyond Brackens remarks.

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Liberty Global Sees German Watchdog Open to Vodafone Deal

ST. LOUIS, Nov. 11, 2014 /PRNewswire/ –ISTO Technologies, Inc., a privately-held regenerative medicine company, announced that George Dunbar, the Company's President and Chief Executive Officer, will …

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ISTO to Present at 2014 Stifel Healthcare Conference

NATO Secretary General Jens Stoltenberg meets Afghan President Ashraf Ghani during a visit to Afghanistan on Thursday, Nov. 6, 2014.

Stars and Stripes

Published: November 6, 2014

KABUL, Afghanistan NATO Secretary-General Jens Stoltenberg, during an unannounced visit to Afghanistan Thursday, promised continued alliance support after foreign combat troops leave the country by years end.

NATO and our partners have stood with Afghanistan for more than a decade, Stoltenberg said during a joint news conference with Afghan President Ashraf Ghani. Next year, we will open a new chapter. The future of Afghanistan will be in Afghan hands. But our support will continue.

After the NATO-led combat mission ends this year, about 12,000 foreign troops 9,800 of them American will remain primarily to advise and assist Afghan security forces.

Ghani praised the alliances efforts, noting NATO troops have stood shoulder to shoulder with Afghan National Security Forces during the bloodiest days of the 13-year war. While he said he was confident Afghan forces will be able to secure the country after 2014, Ghani noted that effort would depend on continued financial backing from Washington and NATO.

NATO has committed to fund Afghanistans 350,000 security forces at $4.1 billion annually. At a NATO summit in Wales in September, alliance leaders committed to continue funding through 2017.

Afghanistans new president was supposed to attend that summit, but because election results were still in dispute, the country was represented by the defense minister. Stoltenberg invited Ghani and Abdullah Abdullah chief executive in the new unity government and Ghanis rival in the protracted election to attend a NATO ministerial meeting on Dec. 2.

Stoltenberg said NATO wanted to develop its long-term partnership with Afghanistan.

Link:
NATO chief hails new chapter in Afghanistan

Liberty Media Corp. said it expects to complete the spinoff of its cable business Tuesday as the media company also reported its third-quarter revenue and operating earnings improved, mostly thanks to contributions from its stake in SiriusXM Holdings Inc.

“We expect to complete the spin-off of Liberty Broadband today and look forward to the focus and clarity that it will provide for both Liberty Broadband and Liberty Media,” Liberty Media Chief Executive Greg Maffei said.

In the spinoff, eligible holders across several series of Liberty Media stock will receive one-fourth of a share of the corresponding series of Liberty Broadband common stock for each Liberty Media share.

The media conglomerate, which owns a majority stake in SiriusXM, highlighted strong results at the satellite-radio provider. Last week, Sirius XM reported its third-quarter profit more than doubled as it added more subscribers. The company also raised its 2014 revenue outlook again. Earlier in October, Sirius authorized a $2 billion increase to its stock buyback program.

Liberty Media reported a profit of $33 million, compared to $76 million a year earlier.

Originally posted here:
Liberty Media set to complete spinoff; revenue rises

Media Release

Release date: 3 October 2014

Freedom Camping Bylaw not this summer

The draft Freedom Camping Bylaw will not come into effect until after the end of the summer camping in 2015.

The season that began on Sunday with the start of daylight savings will continue just as it has in previous years.

The Hearings Committee heard submissions on the draft Freedom Camping Bylaw at a meeting on September 10.

A petition from Rere residents and a total of 16 submissions were received, with seven presented verbally to the Committee.

The issues raised in the overall submissions were sites, fees and permits, restrictions, number of nights and permission for use of prohibited sites.

As a result of submissions, the recommendation was that the Bylaw will not come into effect until after a larger review is completed on how Freedom Camping will be funded. Says chief executive, Judy Campbell.

Council will begin the review during October to consider whether permits will be user-pays, as they are now, or funded by rates, in time to make a decision by the end of summer camping.

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Freedom Camping Bylaw not this summer

Mangalore, Oct 28:

Five beaches along the coastline of Dakshina Kannada district will be developed with necessary infrastructure by March 2015.

AB Ibrahim, Deputy Commissioner of the district, said this on Tuesday on the sidelines of a meeting to review the beach tourism development projects in the district.

The Karnataka Tourism Department had identified beaches in Surathkal, Someshwara, Talapaddy, Ullal and Sultan Battery for development. The Union Ministry of Tourism has approved the allocation of Rs 13.72 crore for the development of these beaches, he said.

Ibrahim asked the officials of Karnataka Rural Infrastructure Development Ltd (KRIDL) to begin work on the project by November 1. KRIDL has been assigned the work of developing basic infrastructure on these beaches.

Thulasi Maddineni, Chief Executive Officer of Dakshina Kannada Zilla Panchayat, said that each beach has been identified keeping the tourist flow in mind. Someshwara beach will attract religious tourists, Surathkal beach will attract family tourists, and Talapaddy beach will be of attraction to nature lovers. Ullal beach is best suited for homestay tourists and Sultan Battery caters to the requirements of local tourists, she said. She also suggested improving road network to the beaches.

Yatish Baikampady, Chief Executive Officer of Panambur Beach Tourism Development Corporation, suggested developing multiple approach roads to the beaches identified for development. Such arrangements will help during emergencies, he said.

(This article was published on October 28, 2014)

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5 Dakshina Kannada beaches to be developed

$3.3m power plant turned on JACK MONTGOMERIE

SUPPLIED

Infratec Renewables’ completed 960-kilowatt solar panel plant in Rarotonga.

A South Canterbury company’s subsidiary has switched on a $3.3 million Cook Islands solar power plant.

Cook Islands Prime Minister Henry Puna opened Netcon subsidiary Infratec Renewables’ 960-kilowatt Te Mana o Te Ra plant in Rarotonga on Monday.

The country aims to produce 50 per cent of its electricity from renewable sources by next year, rising to 100 per cent by 2020. The panels Infratec installed are expected to produce about 5 per cent of the Cook Islands’ electricity.

Infratec general manager Peter Apperley said the project had been a huge collaborative effort between New Zealand and the Cook Islands.

Site manager Tony Scott and 10 Rarotongan workers installed the panels next to Rarotonga International Airport. They will be owned and operated by Cook Islands electricity company Te Aponga Uira.

New Zealand’s Ministry of Foreign Affairs and Trade paid for the power plant and High Commissioner Joanna Kempkers said the project had been completed on time and on budget.

Netcon parent company Alpine Energy’s chief executive Andrew Tombs said Alpine remained interested in the development of solar power.

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Solar panels light up the Cook Islands

The Australian Taxation Office ruled in August that Bitcoin, which trades uses mathematical code, is a commodity, not a currency and people who transact using Bitcoins will have to pay goods-and-services tax on the Australian dollar value of the transaction. Photo: Jim Urquhart

The hype around digital currency Bitcoins continues to defy the expectations of investment professionals as another Australian-based exchange opens today, promising to give investors faster trading access than ever before.

Bitcoin company, Independent Reserve, has launched the country’s newest exchange, based in Sydney. It is understood there are now two in Australia.

Unlike the two main Australian-based stock exchanges, Independent Reserve is not regulated by the Australian Securities and Investments Commission, which means the company has had to take investor protection into their own hands.

“Price Waterhouse Coppers are auditing all of our finances,” said the company’s chief executive Adam Tepper.

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“We are trying to mitigate risks to ensure people think their money is safe and secure. We have done everything we could possibly do to minimise risk to our clients,” he said.

The Australian Taxation Office ruled in August that Bitcoin, which trades uses mathematical code, is a commodity, not a currency and people who transact using Bitcoins will have to pay goods-and-services tax on the Australian dollar value of the transaction.

Independent Reserve said it will not charge GST on the funds sold through its exchange.

Wild fluctuations in the price of a Bitcoin – which is currently trading at $US380 and was once as high as $US1000 – as well as heightened level of risk and lack of formal regulation are often cited by professional investors as the reasons why they will not invest in the digital currency.

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New Bitcoin exchange launches in Sydney

U.S. pharmaceutical company AbbVie said it was reconsidering its $55 billion takeover of Shire in the wake of U.S. government moves to curb deals designed to cut tax, wiping $13 billion off the London-listed firm’s stock price.

Chicago-based AbbVie said late on Tuesday it was responding to the U.S. proposals which aim to make it harder for American firms to shift their tax bases out of the U.S. and into lower cost jurisdictions in Europe.

AbbVie’s move for Shire, a leader in drugs to treat attention deficit hyperactivity disorder (ADHD) and rare diseases, was announced in July amid a spate of similar takeover deals within the U.S. and European pharmaceutical sector.

It proposed creating a new U.S.-listed holding company with a tax domicile in Britain, which applies low tax rates to patent income and has passed laws that make it easy for companies to shift profits into tax havens.

The news hammered shares in Shire, sending them down 27 percent, back to where they were before the deal talks emerged in June.

Shares in larger rival AstraZeneca, which had rebuffed its own takeover deal by U.S. group Pfizer fell 4 percent while replacement knees and hips maker Smith & Nephew, which had also been touted as a target, slipped 3 percent.

AbbVie’s move wrongfooted Shire investors, coming just weeks after AbbVie chief executive Richard Gonzalez, in the wake of the Treasury proposals, told employees of both companies he was “more energized than ever” about the deal.

Also tax advisers had said the Treasury measures were unlikely to significantly impact most inversion deals.

Although the new rules will make some deals costlier and others more difficult, fast-food chain Burger King Worldwide Inc said it will proceed with its $11.5 billion transaction with Canada’s Tim Hortons Inc.

Gonzalez had said Shire’s appeal stretched far beyond its tax domicile, pointing to its portfolio of drugs, some of which command prices of hundreds of thousands of pounds for an annual course of treatment, and its pipeline.

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AbbVie Cools on $55B Shire Deal After U.S. Tax Changes

Oct 102014

Sports News of Friday, 10 October 2014

Source: sportscrusader.com

Dr. Emmanuel Owusu-Ansah, former Chief Executive of the National Sports Authority (NSA) has called on the Ministry of Youth and Sports to appoint Magnus Rex Danwuah Chief Operating Officer of the Ghana 2008 Africa Cup of Nations as the Director-General of the NSA.

He said in an interview that, though Rex Danquah, has been playing a consultancy role for the Ministry of Youth and Sports, he will be the best person to manage affairs of the NSA taking into consideration his track record.

According to Dr. Owusu-Ansah, the former COO of Ghana 2008 is visionary, hardworking and aggressive when it comes to implementation of sports policies and strategies.

The former Chief Executive of the NSA, said the current leadership of NSA is weak and lacks the requisite knowledge to change the dwindling fortunes of the NSA.

Dr. Owusu-Ansah, who resigned recently as the Director of the Sports Directorate of the University of Ghana, said, Rex Danquah, will within two years change the face of the NSA and sports in Ghana.

He urged the Ministry of Youth and Sports to consider offering him the job in the near future since he has the magic wand to turn things around.

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Give NSA to Rex Danquah Former CEO



Liberty Living's CEO, Charles Marshall takes on the Ice Bucket Challenge
Liberty Living's CEO, Charles Marshall has taken on the charity ice bucket challenge craze, having been challenged by Mark Allan, Chief Executive of Unite Students. As our students from UCL,…

By: LibertyLivingStudent

Link:
Liberty Living’s CEO, Charles Marshall takes on the Ice Bucket Challenge – Video

Osiris Therapeutics, Inc. , the leading cellular regenerative medicine company focused on developing and marketing products to treat conditions in wound care, orthopedics and sports medicine markets, announced today that Lode Debrabandere, Ph.D., President and Chief Executive Officer, is scheduled to present at the Stem Cell Meeting on the Mesa, on Tuesday, October 7, 2014 at 5:15 p.m.

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Osiris Therapeutics to Present at the 2014 Stem Cell Meeting on the Mesa

Three new restaurants have agreements to locate at the $350 million Liberty Center development in Liberty Township, Columbus-based Steiner + Associates said Tuesday.

Brio Tuscan Grille, Cheesecake Factory, and Kona Grill are expected to join Pies & Pints at the mixed-use project near Liberty Way and Interstate 75. Pie & Pints signed a lease in March to locate at Liberty Center. The restaurants are expected to open in fall 2015.

The company has already announced it has agreements with retailers Dillard’s and Dick’s Sporting Goods, Cobb Theatres’ CinBistro, and a 130-room AC Hotels by Marriott to locate at Liberty Center.

Site construction at Liberty Center began earlier this year. Steiner is co-developing the retail portion of the site with Bucksbaum Retail Properties of Chicago.

Yaromir Steiner, chief executive officer of Steiner + Associates, said he expects a dozen restaurants to operate at Liberty Center, filling about 62,000 square feet of the project’s initial phase. The project is envisioned as a 1.1-million-square-foot destination.

Brio, Cheesecake Factory and Kona Grill will have outdoor dining patios similar to those at Columbus’ Easton Town Center, which Steiner also developed.

Cheesecake Factory is opening its second Cincinnati-area location after landing in Sycamore Township at Kenwood Towne Centre 10 years ago. Liberty Township will be Kona Grill’s second Ohio location. Kona Grill has 27 restaurants in 17 states and the first Ohio location will open this fall at Easton Towne Center.

“We are pleased to welcome these four distinctive restaurants to Liberty Center to create an exciting and diverse dining experience for our guests,” Steiner said.

Some of Brio Tuscan Grille’s most successful locations are in other Steiner developments, said Saed Mohseni, president and chief executive of Brio Tuscan Grille. Mohseni said the restaurant company wants to locate in the top retail centers within a market and Liberty Center in Southwest Ohio offered that potential.

Kona Grill offers “an upscale contemporary ambiance” featuring American food and appetizers and entrees with an international influence including a selection of sushi.

Original post:
Liberty Center getting more new restaurants

Vodafone Group Plc (VOD) Chief Executive Officer Vittorio Colao, asked today whether John Malones Liberty Global Plc (LBTYA) might be a good fit for the U.K. wireless carrier, said he would consider it for the right price.

Colao made the comments in a brief interview with Bloomberg News after making a presentation to investors at a conference organized by Goldman Sachs Group Inc. in New York. Goldman analyst Tim Boddy, citing the closed-door presentation, said in a note that Vodafone may consider a transformational M&A deal in the longer term.

Vodafone, the second-largest mobile-phone carrier by subscribers, spent the past two years acquiring cable and broadband providers in Germany and Spain to help stem declining wireless service revenue. That has put more pressure on Liberty Global, which owns cable assets in Vodafones European markets including Germany, the U.K. and the Netherlands.

Liberty Global jumped 4.2 percent to $43.86 at the close today in New York, the biggest gain since February. The London-based company ended the day with a market value of $33.2 billion. Including debt, the cable companys enterprise value is almost $74 billion, according to data compiled by Bloomberg. Vodafone, based in Newbury, England, fell as much as 2.7 percent. It closed 0.8 percent lower at 203.45 pence in London, valuing the carrier at 53.9 billion pounds ($87.5 billion).

Vodafone Group Plc Chief Executive Officer Vittorio Colao. Close

Vodafone Group Plc Chief Executive Officer Vittorio Colao.

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Vodafone Group Plc Chief Executive Officer Vittorio Colao.

Marcus Smith, a Liberty Global spokesman, declined to comment.

As more consumers download and watch videos on smartphones and tablets, putting strain on carriers networks, Vodafone is adding faster mobile technology and broadband Internet lines — spending a total of 19 billion pounds through March 2016 — in a network-improvement plan called Project Spring. The investment is funded with cash from the sale of its stake in Verizon Wireless for $130 billion.

Link:
Vodafone CEO Says Liberty May Be Good Fit for Right Price

BioTime, Inc. , a biotechnology company that develops and markets products in the field of regenerative medicine, today announced that Chief Executive Officer Michael D.

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BioTime CEO Dr. Michael D. West to Present at Rodman & Renshaw 16th Annual Healthcare Conference

Bitcoin Shop, Inc. , the virtual currency ecommerce marketplace http://www.bitcoinshop.us, today announced that Chief Executive Officer Charles Allen will be a panelist at the 3rd Annual Credit Suisse Future …

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Bitcoin Shop to Present at the 3rd Annual Credit Suisse Future of Payments & Commerce Conference

A center that focuses on heroes of freedom said Tuesday that two Nobel Peace Prize winners, Lech Walesa of Poland and the late Nelson Mandela of South Africa, will be honored with awards.

The National Underground Railroad Freedom Center said the two have been named International Freedom Conductors, with their awards to be presented Aug. 23 in Cincinnati.

The center said Mandela’s great-grandson and representatives of the Nelson Mandela Foundation will accept the award for the anti-apartheid leader and South African president, who died Dec. 5 at age 95.

Walesa, the leader of Poland’s Solidarity movement that challenged communism in the 1980s before he became the country’s president, plans to attend the celebration that will be part of the center’s 10th anniversary.

The award is “a great honor for an electrician and revolutionary from Gdansk,” Walesa said in a statement. “This honor, however, also awards all those who joined in the non-violent revolution over 30 years ago.”

The Nelson Mandela Foundation’s chief executive, Sello Hatang, said it is pleased to accept on behalf of Mandela, “whose legacy for freedom and social justice inspires us to continue his long walk.”

Previous winners have included Archbishop Desmond Tutu, the Dalai Lama and civil rights icon Rosa Parks.

The center focuses on heroes of freedom including those who helped 19th century escaping slaves.

“The National Underground Railroad Freedom Center is humbled to honor two revolutionary freedom fighters who truly changed the faces of their nations,” center president Clarence Newsome said in a statement. “And much like the freedom conductors of the Underground Railroad, the legacy of their lives’ work continues to inspire us today.”

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Freedom Center to honor Walesa, Mandela

Histogenics Corporation, a regenerative medicine company focused on developing and commercializing products in the musculoskeletal space, today announced the appointment of Adam Gridley to President and Chief Executive Officer and as a member of the Companys Board of Directors.

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Histogenics Announces Appointment of Adam Gridley to President and Chief Executive Officer

Liberty Media Corp. said Thursday it plans to spinoff its cable-business holdings into a new publicly traded company, called Liberty Broadband.

The new entity will be spun off to Liberty Media shareholders by the end of the year and be comprised of Liberty Media’s roughly 26 percent stake in Charter Communications Inc., a minority investment in Time Warner Cable Inc. and a mobile subsidiary called TruePosition.

Greg Maffei, Liberty Media’s chief executive, said the company believes making the split will create greater choice and transparency for investors and is timed in part to Charter’s recent agreement with Comcast Corp., which will result in Charter gaining millions of new video subscribers.

Douglas County-based Liberty Media, which is controlled by cable pioneer John Malone, also reported its first-quarter results Thursday, posting higher operating profit for the period.

Liberty Media posted an operating profit of $155 million, versus $151 million in the year-earlier period. Revenue improved 28 percent to $1.01 billion, compared with analysts” expectations of $1.05 billion.

Liberty Interactive Corp., another company controlled by Malone, said its quarterly revenue edged up, driven by its QVC home-shopping network.

Liberty Interactive has sharpened its focus on QVC, as well as its e-commerce businesses. The company said in October that it would reorganize its tracking stocks to create new holdings called QVC Group and Liberty TripAdvisor Holdings.

Liberty Interactive posted an operating profit for the quarter of $244 million, down from $260 million in the prior-year period. Revenue rose 0.5 percent to $2.45 billion. Analysts polled by Thomson Reuters projected $2.52 billion.

QVC-Liberty Interactive’s largest business-posted 0.6 percent higher revenue. Revenue at Liberty Interactive’s e-commerce business edged up 0.2 percent.

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Liberty Media to spin off cable businesses

Such interest in bitcoin shows how Wall Street could seek to reap benefits touted by bitcoins backers without using the virtual currency itself.

While Jamie Dimon and Warren Buffett express doubts about bitcoin, executives running the financial industrys back offices are looking at mimicking the virtual currencys methods of moving money quickly and cheaply.

FIS, a provider of systems used by banks to handle payments, is examining whether a public ledger like bitcoins could help securely move funds on existing networks, Fred Brothers, the firms chief innovation officer, said in an interview. Fiserv Inc. (FISV), a provider of technology for payments and accounts, is examining bitcoins use of encryption to ensure transfers are secure, said Marc West, a senior vice president.

Such interest shows how Wall Street could seek to reap benefits touted by bitcoins backers without using the virtual currency itself. Bitcoin, proposed by an anonymous programmer or programmers in 2008, has drawn entrepreneurs and retailers looking to popularize it as a low-cost alternative to established payment systems, supplanting credit cards to international wire transfers. Instead, a variety of financial firms might copy its underlying design to hone their own systems or services sold to clients.

Its safe to say that every bank is looking at whats going on with bitcoin and those types of technologies, said Steve Kenneally, a vice president at the American Bankers Association. Most of the larger banks are investigating it. The larger the banks, the further along they are.

Goldman Sachs Group Inc. analysts wrote in a March report that while bitcoins may not make a viable currency, the technology could hold promise. The software relies on a public record of transactions. When someone spends all or part of a bitcoin, the change in ownership is recorded by a global network of computers and posted to the register, ensuring individual units cant be simultaneously held or spent by multiple people. Operators of computers solving and verifying transactions are rewarded with new bitcoins for their work.

Bitcoins are valued at about $435 today, compared with prices of more than $1,100 in December and about $13 at the start of last year, according to CoinDesk, which tracks prices across key exchanges.

Bankers including JPMorgan Chase & Co. (JPM) Chief Executive Officer Dimon, 58, have predicted bitcoins probably wont last after governments subject them to rules and standards akin to those for other payment systems.

I wouldnt be surprised if its not around in 10 or 20 years, Buffett, the 83-year-old billionaire chairman and CEO of Berkshire Hathaway Inc. (BRK/A), told CNBC in March. It does not meet the test of a currency.

Buffetts long-time business partner, Charles Munger, was less charitable this week, telling Fox Business Network that calling bitcoins rat poison would understate his disdain.

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Bitcoin Breakthroughs Seen Copied by Banks Its Meant to Replace



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