Tags: visa

How Bitcoin Activity Stacks Up Against Other Payment Networks

December 6th, 2013
in News, econ_news, syndication

by Felix Richter, Statista.com This chart illustrates how Bitcoin activity stacks up against other payment networks. Daily Bitcoin transaction volume is already higher than that of global payment network Western Union. Bitcoin is booming. The price… more »

Microsoft Appeals for Work Visas

August 7th, 2011
in econ_news

Econintersect: The last week in July, Brad Smith, Microsoft’s general counsel, urged lawmakers to ease restrictions and immigration laws for skilled overseas workers. Smith addressed the Senate Judiciary Subcommittee on Immigration, Refugees, and Border Security. This comes as U.S. universities are graduating fewer computer science majors. Smith was quoted by Information Week as saying there were 58% more computer related bachelor's degrees in 2004 than in 2008. Another problem, according to Smith, is that about 1/3 of the technology graduates from U.S. universities are foreigners who return home after graduation. more »

WikiLeaks May Sue Visa, Mastercard

July 4th, 2011
in Background, econ_news

In the fall of last year most credit card companies refused to process any more payments for Wikileaks or its payment provider, DataCell. Forbes has obtained a copy of a document prepared to file a complaint by DataCell to the European Commission that charges the actions by Visa, Mastercard and others violates the EU Treaty. more »

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