Originally published on Wed February 6, 2013 3:57 pm
(We updated the top of this post at 10:37 a.m. ET.)
Calling it "absolutely necessary" if the U.S. Postal Service is going to stop losing billions of dollars a year and reach anything close to financial stability, Postmaster Gen. Patrick Donahoe confirmed Wednesday morning that USPS is moving to eliminate Saturday delivery of first-class mail.
You may have heard about 3-D printing, a technological phenomenon that uses a robotic arm to build objects one layer at a time. As people get imaginative and create items in a one-stop-shop fashion, one more creation has been added to the printing line: gun parts.
On the West Side of Manhattan, behind large glass windows, a dozen 3-D printers build plastic toys and jewelry. Hilary Brosnihan, a manager at 3DEA, an events company that sponsored a print pop-up store, says things are moving rapidly.
With no government ties, Bitcoin is used to buy everything from blogging services to Brooklyn-made cupcakes. Theoretically, millions of dollars are being kept in the digital currency, and it's increasingly being used by specialized online gambling websites. But is Bitcoin gambling legal?
Purely in the interests of journalism, I decided to get my hands on some of the currency. When I did so, Bitcoin, which has been around for a few years now, was fetching around $17 on most exchange sites. It has since risen to more than $20.