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Ant Bytes — AA16

Reminiscent of the Simpsons episode where Homer has a $1 billion note until it is stolen by Fidel Castro, US Federal authorities have seized 250 bogus $1 billion notes in a Los Angeles raid. The notes, which bore the portrait of President Grover Cleveland, were believed to be modelled on actual $1,000 notes from the 1930s. Rumour has it that the notes will be used to relaunch the hunt for weapons of mass destruction in Iraq.

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New Zealand’s Xero eyes US IPO, further disruption as subscribers increase...

Xero recently held its annual meeting in Wellington, during which the company revealed some interesting details about its future. As has been widely suspected, the...

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