Wikipedia Begins Taking Donations in Bitcoin

The nonprofit organization that operates Wikipedia said that it had been asked to accept Bitcoin and that those requests, as well as recent guidelines from the Internal Revenue Service, persuaded it to accept the virtual currency.

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Tax Inversions Spinning Out of Control

Hospira’s potential $5 billion deal for a Danone unit highlights a variation on inversions: “spinversions.” The odd combination, says Robert Cyran of Reuters Breakingviews, also reflects the perverse incentives distorting corporate decisions.

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First Data Buys Start-Up for Virtual Gift Cards

The acquisition is the latest effort by First Data, which is owned by the private equity firm Kohlberg Kravis Roberts, to return to profitability by incorporating cutting-edge technologies into its offerings for business customers.

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