Axiata to incur RM3.33b impairment from India write-down
KUALA LUMPUR (Aug 16): Axiata Group Bhd will recognise an impairment of RM3.33 billion in the carrying value of its investment in Idea Cellular Ltd, which is now part of India’s largest telecom company, Vodafone Idea Ltd.
The RM3.33 billion write-down is expected to have a material impact on the group's earnings, earnings per share, net assets (NA) per share and gearing for the financial year ending Dec 31, 2018 (FY18).
There has been a sharp increase in payouts from cryptocurrency bug bounties. Major platforms Coinbase, EOS, Stellar, and Augur have all recently rewarded hackers (the good kind) handsomely for discovering security flaws. Notably, Block.one – the company behind EOS – paid out bug bounties worth more than $60,000 over the past week. Six of those bounties were labeled as ‘critical threats,’ earning rewards of $10,000 each – the maximum amount currently offered for discovering individual kinks in EOS. With this week’s bounties, Block.one has awarded a total of more than $500,000 to bug-hunting hackers since launching in May this year.… This story continues at The Next Web
While this donation is largely symbolic, blockchain does present an opportunity to make political donations more transparent For the first time in Taiwan’s lively democracy, a political donation has been made in bitcoins. Hsiao Hsin-chen, a candidate for Taipei City Council with the minority New Power Party, announced on his Facebook page that he had […]
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