The creator of Bitcoin has been discovered... or has he? And where have all the film jobs gone? Newsweek magazine reports that the man who reportedly created the Bitcoin virtual currency is 64 year-old Temple City resident Satoshi Nakamoto. But then, Nakamoto told the Associated Press yesterday that he is not the creator of Bitcoin, adding further mystery to the story of how the world's most popular digital currency came to be. KCRW's Steve Chiotakis discussed the confusing turn of events with Chris O'Brien, reporter for the LA Times. He also spoke with KCRW's own Kim Masters, host of The Business, about a new report from Film L.A. that says the local production industry is being devastated by runaway production. Just eight percent of big budget Hollywood films were made here last year, down from 65 percent in 1997.
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It's down to three for chief of the LAPD The race to replace retiring LAPD Chief Charlie Beck is coming down to the wire. This week, the L-A Police Commission named its three finalists. All have ties to the department and all come from diverse backgrounds. But not in the way that many City Hall insiders had hoped.
Yesterday's comedy, today's standards There is little debate that the character 'Apu' from The Simpsons is a stereotype of an Indian immigrant shop owner. But recently, that character has come under renewed criticism, and the man who voices him says he is even willing to stop doing it. Should he?
On this 4/20, do you know what your weed laws are? It’s been nearly 5 months since sales of recreational marijuana became legal in California. And the business of pot is slowly coming into its own. But there are a lot of things that are dragging, not at all helped by the fact that marijuana is still listed as a schedule one substance that is open to federal criminal prosecution.
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