Meta’s workforce ballooned in recent years as the Facebook parent company signaled its ambitions for the metaverse—but recent moves suggest that it is feeling the sting of changing tech trends and rou...
Tag: Scrapping
Former SEC Chair Calls for Scrapping SEC’s Climate Rule
Fmr. SEC Chair Jay Clayton feels SEC’s climate rule should be scrapped. Clayton says that the European financial market regulation has proven inferior to its US counterpart. “U.S financial market regu...
Japan approves bill scrapping unrealized gains tax for crypto businesses
Japan has approved a proposal aimed at exempting crypto businesses from paying unrealized capital gains tax on their asset holdings. The move is aimed at creating an enabling environment for Japanese ...
Binance Is Strongly Leaning Toward Scrapping FTX Rescue Takeover After First Glance at Books: Source
Cryptocurrency exchange giant Binance is highly unlikely to go through with its proposed acquisition of struggling rival FTX after less than a day of reviewing the company, according to a person famil...
Norway Minister Proposes Scrapping Reduced Tax Policy For Minors
Cryptocurrency mining surf a large quantity of electricity. And since the crypto industry saw widespread adoption in recent years, it scaled up mining activities likewise, which caused electricity sho...
New British Chancellor Kwasi Kwarteng Reverses Rishi Sunak’s Scrapping Of Tax-Free Shopping For International Tourists
British chancellor Kwasi Kwarteng has delivered some good news for retailers on tax-free shopping. … [+] (Photo by Carl Court/Getty Images) Getty Images The British government under new prime mi...
BitGo Slaps Galaxy Digital With $100 Million Suit After Scrapping Buyout Deal
BitGo, a California-based digital asset financial services company, posted a tweet confirming the $100-million lawsuit against Galaxy Digital for breaching its $1.2 billion-merger agreement. The compl...
Investing app Acorns taps ‘choppy’ private markets at $1.9 billion valuation after scrapping SPAC
Noah Kerner, CEO of Acorns. Adam Jeffery | CNBC Acorns, the fintech start-up that scrapped plans to go public in January, has raised $300 million from private investors, CNBC has learned. The savings ...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax – Coinotizia
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get...
Nvidia Underwhelms in First Results Since Scrapping Arm Deal
(Bloomberg) — Nvidia Corp., which walked away from a $40 billion acquisition of Arm Ltd. earlier this month, failed to impress investors with its latest forecast, a sign of the lofty expectation...
IAC Scrapping Print Editions Of Instyle, Entertainment Weekly And Other Magazines
Topline Dotdash Meredith is shutting down the print editions of six venerable magazines, including Entertainment Weekly and InStyle,, the company told employees Wednesday, a company spokesperson confi...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax – Taxes Bitcoin News
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get...