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Marc Jacobs pop-up will accept social media, but not cash

BY Staff Writer

New York — The fragrance division of Marc Jacobs will open a pop-up in New York City’s SoHo neighborhood that will trade in social currency instead of money. The Daisy Marc Jacobs Tweet Shop will be open during New York Fashion Week, from Feb. 7 to 9.

According to reports, all transactions at the pop-up will be carried out based on customers’ use of the hashtag #MJDaisyChain across Twitter and other social media platforms. Shoppers will be able to exchange each tweet, Instagram post, or Facebook update for a single item.

The Tweet Shop, which celebrates Marc Jacobs’ best-selling Daisy fragrance, will feature a lounge, food, drinks, Wi-Fi and a photo booth.

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Bitcoin exchangers charged with money laundering

BY Dan Berthiaume

New York – The Manhattan district attorney’s office has brought federal money laundering charges against two men involved in exchanging Bitcoin virtual currency. According to media reports, Bitcoin exchanger Robert M. Faiella, 52, and Charlie Shrem, 24, the CEO of the Bitcoin exchange company BitInstant, have been charged with conspiring to commit money laundering and operating an unlicensed money-transmitting business.

The charges relate to an alleged scheme to sell more than $1 million worth of Bitcoins to narcotics traffickers on Silk Road, an underground website dedicated to the global online sale of narcotics and other illicit goods which the FBI shut down in October 2013. Silk Road used Bitcoins as currency. Since the Silk Road bust, the FBI has been investigating people involved in its operation as well as those who bought and sold goods on the site.

"The charges announced today depict law enforcement’s commitment to identifying those who promote the sale of illegal drugs throughout the world," said James J. Hunt of the U.S. Drug Enforcement Administration in a news release. "Hiding behind their computers, both defendants are charged with knowingly contributing to and facilitating anonymous drug sales, earning substantial profits along the way."

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Acellos launches updated transportation site

BY Dan Berthiaume

Colorado Springs, Colo. — Accellos, Inc. has released multiple updates to Mile.com, a website dedicated the transportation industry and Prophesy Transportation Solutions. The new website features enhanced content including industry white papers, case studies and videos.

In addition, the new site includes the free commercial mileage tool, Prophesy webMiler.

“Our team works to continually enhance and improve the online experience of mile.com for the thousands of visitors who utilize by the site each day,” said Bill Ashburn, Prophesy VP & general manager. “We believe that this new look, featuring expanded customer tools, video overviews, customer testimonials and downloadable materials will serve as valuable resources to the trucking and truck brokerage communities.”

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