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U.S. government throws a hissy-fit, shuts down for three weeks
Blame Obamacare? Or blame the stubborn Republicans who threw the entire country under the bus? You decide. In fact, many didn't care that the government had shut down for about three weeks, with many instead pointing the finger at the politicians who couldn't get their act together. On the other hand, the shutdown affected tens of millions of Americans — many government workers, who weren't even allowed to check their email during the extended "stay-cation." Almost everything shut down — from Healthcare.gov development to the NASA space agency. Even IT spending took a hit as a result.
Image: White House
BlackBerry crumble: Chief executive out; new boss upbeat on future
It's not often a company's chief executive is led out of the C-level suite and onto the street. But after numerous quarters of poor performance and a failed bid to sell the company, BlackBerry's Thorsten Heins was replaced (after he resigned — though how far he was pushed remains unclear) by former Sybase chief John Chen. He took the role by the horns and said he's keeping the smartphone unit, saying the company would "reclaim our success."
Rise and fall of virtual currency Bitcoin
After rocketing by more than 6,000 percent in the course of just three weeks, virtual currency Bitcoin, crashed after reaching a peak of about $1,200 per Bitcoin. Was it a bubble? Most certainly. Will it stabilize out over time? Likely. But troubles concern many, not least after underground drug site Silk Road, which heavily relied on Bitcoin, was seized by the FBI and China all-but outlawed Bitcoin sent the currency plunging to its lowest levels in weeks.