Dick Smith caught up in scam | IBM spins off | Square leans in to bitcoin

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By Flux. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Australian entrepreneur Dick Smith has been caught up in an online scam that promotes a fake cryptocurrency.

IBM is spinning off a $26 billion part of its business to focus on a new opportunity in ‘the cloud’.

Payments company Square has bought over 4,000 bitcoins for $70 million, believing it will be a ‘ubiquitous currency’.

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