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Showing posts from July, 2019

Made in Japan | Akio Morita and the Sony Corporation

Made in Japan is a book about Akio Morita one of the cofounder of the well- known Sony Corporation. The book was written by Akio Morita himself with the help of Mitsuko Shimomura and Edwin M. Reingold. It is an autobiography but it also narrates the story of the Sony Corporation as well as the aftermath of the Second World War after Japan and Germany were defeated.

It goes a step further to explain the rapid rise of Japan and how it managed to reach new heights even after the heavy defeat. The book also gives an insight of the Japanese culture as well as their way of thinking especially when it comes to business, styles and philosophy.

He explains the Japanese behavior based on the ancient history of the country as well as the recent history. Morita explains the origin of his family and also explains clearly how Sony came to be. He talks about the international market and gives details of the invention of the Walkman.

The autobiography was originally published in English in the year 1…

Mt. Gox | The Meteoric Rise and Fall of a Bitcoin Exchange

Although the history of the Mt. Gox Bitcoin Exchange is short, it is nothing short of amazing. Mt. Gox is a historic name in the world cryptocurrencies, as it was one of the first Bitcoin exchanges to take off.

At the peak of its height, Mt. Gox's customer base represented about 80% of the global trading volume. The rise of Mt. Gox, came to an abrupt end in 2014 when it was discovered that the exchange had become the victim of a large scale hack. Being unable to locate over 850,000 bitcoins that the exchange had in its possession, Mt. Gox was forced to close trading and to subsequently file for bankruptcy.  Who founded Mt. Gox? Jed McCaleb founded the Mt. Gox and in 2007, he registered the Mtgox.com web domain with the aim of turning it into a trading site for the famous Magic: The Gathering game cards. He then turned the domain to a bitcoin exchange site. 
After sometimes McCaleb realized he was getting more than he bargained for and he sold the site to Mark Karpeles who is a pro…