More Pokémon, bitcoin laundering, Apple and Twitter earnings

  • A mobile screen is reflected on a fan's sunglasses as she plays Pokemon Go in Hong Kong, Monday, July 25, 2016. Pokemon fans participated in creatures hunting on Monday as the app was released to both iPhone and Android users. (AP Photo/Kin Cheung) Photo: Kin Cheung, Associated Press



More monsters

The head of the company behind “Pokémon Go” says more capabilities for the popular smartphone game are coming, including the ability to trade Pokémon. During an appearance at Comic-Con in San Diego last weekend, Niantic Labs CEO John Hanke said the update to add trading is “at the top of our priority list,” but no release date has been set. Hanke said future versions of the game could include custom PokéStops and the addition of other Pokémon characters.

Bitcoin laundering?

In what TechCrunch says could be a precedent-setting ruling, a Florida judge said that bitcoin is not money. The case involved a man who was accused of selling bitcoin to undercover officers for cash that the officers said was obtained illegally. He was charged with money laundering. Judge Teresa Pooler dismissed the charges, saying that bitcoin is property, not money. TechCrunch notes, however, that the ultimate decision on how to classify bitcoin will be made by lawmakers, who will need to “write a stricter definition of bitcoin that will remove any ambiguity.”

One up, one down

Earnings reports from two tech companies sent their stock prices in different directions. Apple was up in after-hours trading on better than expected profit, but Twitter shares fell after its results showed it continues to struggle. Page C5

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