Bitcoin has increased 1,000% in over a year and has forced the finance world to take note. But why has the price skyrocketed? PCMag.com editor Rob Marvin says it's because the rest of the cryptocurrency landscape has changed. In addition to Bitcoin there is now: Ethereum, Litecoin, Zcash, the forked Bitcoin Cash.
Plus, the former Chief Economist of the of The World Bank wants Bitcoin banned but is that going too far? Marvin and Fortune's Robert Hackett say that's a bit extreme, but more regulation may need to be put in place if the price continues to rise.
Amazon said Tuesday it launched a new service that will allow customers to purchase physical products while playing video games or interacting in virtual reality.
Professional networking platform LinkedIn says it's laying off more than 700 workers and shuttering its China jobs app, in the latest round of tech industry downsizing.
