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Overstock.com CEO aims to sell or reorganize e-commerce biz so he can focus on blockchain

Overstock.com CEO Patrick Byrne intends to have more clarity in the next three months on selling or reorganizing its retail business to focus on blockchain, the technology behind bitcoin. “My goal is [within] 60 to 90 days we walk away from this,” Byrne told CNBC Wednesday. He said he has …

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Rep. Farenthold will not run for re-election amid sexual harassment allegations

Tom Williams | CQ Roll Call | Getty Images Rep. Blake Farenthold, R-Texas. Rep. Blake Farenthold, R-Texas, will not seek re-election following allegations of sexual harassment and inappropriate behavior, NBC News confirmed Thursday. Farenthold has yet to make a formal announcement, but two Republican sources told NBC that top House …

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Behind bitcoin’s wild surge: Japanese men

Tomohiro Ohsumi | Bloomberg | Getty Images An employee uses a smartphone as he demonstrates how to purchase bitcoins from a bitcoin automated teller machine (ATM) at the Coin Trader bitcoin retail store in Tokyo, Japan, Aug. 30, 2017. Japanese men may be the driving force of bitcoin’s wild surge, …

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