The U.S. Treasury Department has finally given some clarity and perhaps a sigh of relief to Bitcoin BTC/USD miners with a 300-page proposal under the 2021 Infrastructure Investment and Jobs Act. The proposal clarifies the tax reporting and data collection obligations of crypto exchanges, payment processors, and BTC mining operations. A new tax form, the
News
Receive free Universal Music Group updates We’ll send you a myFT Daily Digest email rounding up the latest Universal Music Group news every morning. Universal Music has struck a deal to reshape the economics of music streaming, with changes aimed at directing more money to professional musicians and away from a “sea of noise” that
There’s a new Reddit in town — Reddit faces content quality concerns after its Great Mod Purge Concerns of Redditor safety, jeopardized research amid new mods and API rules. Scharon Harding – Sep 4, 2023 11:30 am UTC EnlargeAurich Lawson reader comments 225 with Did you know that improper food canning can lead to death?
Circle USDC/USD unveiled a new partnership with Mercado Pago, a leading payment platform in Latin America and the fintech arm of MercadoLibre IncMELI , to bring the USDC stablecoin to Chilean customers. This move is particularly significant given Chile's current economic hurdles and rising inflation. Matas Spagui, a top executive at Mercado Pago, emphasized the
the sedan isn’t dead yet — BMWs Neue Klasse points to a radical reinvention for future sedans Innovations making it to production include a full-screen heads-up display and e-ink. Tim Stevens – Sep 2, 2023 8:30 am UTC Enlarge / The BMW Neue Klasse won’t look exactly like this, but details like e-ink will appear
The banking landscape post-COVID-19 pandemic looks different, with some surveys showing upwards of 90% of consumers prefer managing their money in one place, online. The tech-forward banks are some clear winners in this race, particularly following the financial crises over the last two years. Benzinga chatted with JPMorgan Chase & Co JPM Chief Product Officer
David Palmer is squarely in the nexus of blockchain and IoT as the chief product officer of Vodafones Digital Asset Broker (DAB). Working with the largest pan-European and African telecommunications company gives Palmer the opportunity to reach a global audience with Web3 technology, through the DAB platform and through consumer handsets and connected devices. Launched
Dovie’andi se tovya sagain — Two book readers recap a very non-book-ish Wheel of Time season 2 premiere The Wheel turns, and new seasons come and pass, leaving reviews that become legend. Andrew Cunningham & Lee Hutchinson – Sep 1, 2023 9:40 pm UTC Enlarge / A face only a darkfriend could love.Amazon Studios reader
The world’s most powerful financial watchdog has warned of “further challenges and shocks” in the months ahead, as high interest rates undermine economic recoveries and threaten key sectors including real estate. In his regular update to G20 leaders ahead of their summit in New Delhi this week, Klaas Knot, chair of the Basel-based Financial Stability
“a slippery slope of unintended consequences” — Apple details reasons to abandon CSAM-scanning tool, more controversy ensues Safety groups remain concerned about child sexual abuse material scanning and user reporting. Lily Hay Newman, wired.com – Sep 2, 2023 10:33 am UTC EnlargeLeonardo Munoz/Getty reader comments 181 with In December, Apple said that it was killing
Undergraduate degrees in Gender Studies and Creative Writing have always been dubious ventures. They tend to be prime examples of a higher education system that has lost its way and, in the process, infected the rest of America with an anything-goes approach to morality and language. But going to college is still worthwhile because there
456 Generative AI has been the rage of late, stunning people with content creation. Chat GPT stunned folks when it was released and suddenly started churning out everything from recipes to essays to blog articles (its still human me writing here). I read an article about AI generating images of people from different states. The
Canaccordanalyst Joseph Vafi reiterated a Buy rating on digital asset stocks, includingCipher Mining IncCIFR ,HIVE Digital Technologies LtdHIVE ,Hut 8 Mining CorpHUT ,Iris Energy LimitedIREN . The analyst also maintained a Buy rating onfinancial technology stocks, includingACI Worldwide, IncACIW ,Open Lending CorpLPRO ,Nuvei CorpNVEI ,Payfare, IncPYFRF andPagaya Technologies LtdPGY . Vafi also reaffirmed a Buy
Look ma no hands — Are self-driving cars already safer than human drivers? I learned a lot by reading dozens of Waymo and Cruise crash reports. Timothy B. Lee – Sep 1, 2023 11:30 am UTC Aurich Lawson | Getty Images reader comments 347 with August was an eventful month for driverless taxis in San
Gracy Chen has parlayed her success as a TV journalist covering financial news and interviewing some of the big names from crypto, into becoming an entrepreneur, founder, and leader in the Web3 space. Chen was an on-air journalist working for Phoenix Television, one of the largest media organizations in Asia. Her position allowed her to
Chinese lenders stepped in to extend billions of dollars to Russian banks as western institutions pulled back their operations in the country during the first year of Moscow’s invasion of Ukraine. The moves by four of China’s biggest banks are part of Beijing’s efforts to promote the renminbi as an alternative global currency to the
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well
Undergraduate degrees in Gender Studies and Creative Writing have always been dubious ventures. They tend to be prime examples of a higher education system that has lost its way and, in the process, infected the rest of America with an anything-goes approach to morality and language. But going to college is still worthwhile because there
Shiv Shakti — Indias accomplishments in space are getting more impressive These images from the Moon are a crowning achievement for India’s space program. Stephen Clark – Sep 1, 2023 12:32 am UTC Enlarge / A view of India’s Vikram lander taken Wednesday from the Pragyan rover.ISRO reader comments 68 with It’s been more than
In late November 2022, Keith Grossman announced on Twitter (aka X) that he was leaving the team atTime magazine to become the president ofMoonPay, a Web3 company that provides easy ways for people to buy crypto using fiat. In the multi-tweet post, Grossman explained that he appreciated the opportunities he had working at TIME, but