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theEweekly Wrap

Apple diversifies emojis – Bitcoin is property – Paltrow and Martin split causes crash

Apple pledges to make emojis more diverse

Apple has promised to make its range of emojis more racially diverse following complaints from Miley Cyrus and actor Tahj Mowry.

It is not yet known when the changes will be made, as the unofficial campaign for updated emojis has already been running for more than a year. The issue arose when pop songstress Miley Cyrus responded to a tweet asking for more nail polish emojis, by urging that Apple add emojis to represent black people.

In response to an email from MTV Act blogger Joey Parker, to Apple CEO Tim Cook, the company's vice president of worldwide corporate communications Katie Cotton said:

"Tim forwarded your email to me. We agree with you. Our emoji characters are based on the Unicode standard, which is necessary for them to be displayed properly across many platforms. There needs to be more diversity in the emoji character set, and we have been working closely with the Unicode Consortium in an effort to update the standard."

Bitcoin to be treated as property instead of currency

The Internal Revenue Service has confirmed that Bitcoin should not be considered as currency for tax purposes, but property.

According to Tuesday's official statement, the controversial crypto-currency and rivals such as Dogecoin will be treated as property rather than cash, a ruling that makes headway for Bitcoin to enter the mainstream.

The introduction of regulation is a positive step for Bitcoin investors, who have suffered in recent months when the future of the world's largest Bitcoin exchange, Mt. Gox became increasingly uncertain with millions in investor money hanging in the balance.

Following the IRS's decision, gains in Bitcoin value will be now be treated as capital gains, and thus potentially subject to lower tax rates than income; which can reach the heady heights of 39.6 per cent compared to only 20 per cent for capital gains.

However, introducing regulations does bring with it a set of new problems for those using Bitcoin. An attractive quality of the currency for many users had been the lack of rules connected with its use, but under the new rules anyone involved in transactions using digital currencies will have to fulfil the same record-keeping requirements and taxes as those trading in stocks.


Gwyneth Paltrow's crashes

The Oscar winning actress's famous website came to a halt on Tuesday as Gwyneth Paltrow and singer husband Chris Martin announced their split.

After over a decade together, the pair revealed their plans to separate in a post entitled "Conscious Uncoupling", alongside a picture of the couple:

"It is with hearts full of sadness that we have decided to separate... We have been working hard for well over a year, some of it together, some it separated, to see what might have been possible between us, and we have come to the conclusion that while we love each other very much we will remain separate."

The couple married in 2003 after meeting at a Coldplay concert in 2002, in 2004 their first child, 9-year-old Apple was born followed by 7-year-old Moses in 2006.

Millions of visitors flooded Paltrow's blog on Tuesday to discover what the future held for the family, who reassured fans that "We are, however, and always will be a family, and in many ways we are closer than we have ever been. We are parents first and foremost, to two incredibly wonderful children."



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