The Internal Revenue Service could have a potential head-scratcher of a question about your crypto investments and what’s taxable, according to a major accountants’ association. For two years, the IRS...
Tag: Technology
Chinese E-Commerce Companies Suffer as Economy Sours
Chinese consumers are cutting back on discretionary purchases and becoming more thrifty as the country’s economic slowdown drags on, impeding the once-inexorable growth of the country’s e-commerce com...
Forget Bitcoin. Interest in Ether Is Booming Ahead of ‘The Merge.’
Investors have flocked into Ether trades as a critical upgrade to one of crypto’s most crucial networks looms large this month, setting the stage for volatility in the days and weeks to come. Set to b...
Mayo Clinic uses blockchain technology to run clinical trials
Join Our Telegram channel to stay up to date on breaking news coverage Triall, a blockchain startup based in the Netherlands, has partnered with a non-profit medical firm, Mayo Clinic. The partnership...
AMD and Nvidia Are Hurting; Better Check the Charts
Chip stocks, particularly Advanced Micro Devices (AMD) and Nvidia (NVDA) , are getting crushed on Sept 1. While the broader market selloff certainly doesn’t help matters, these stocks are under pr...
Nvidia and AMD Stock Tumble as U.S. Limits Exports to China
Text size Nvidia’s A100 chips are used in data centers for high-performance applications such as artificial intelligence. Courtesy NVIDIA Nvidia can’t catch a break. Late Wednesday, the chip mak...
The technology that can revolutionize South East Asia’s economy
Regulators in South East Asia have become increasingly hawkish on digital assets such as Bitcoin and other cryptocurrencies. On the 9th of August, Thai Finance Minister Arkhom Termpittayapaisith annou...
CVS Is in Advanced Talks to Buy Signify Health for Around $8 Billion
CVS Health is in advanced talks to acquire the home-healthcare company Signify Health for around $8 billion, according to people familiar with the matter. CVS appears to have beat out other heavy hitt...
MicroStrategy’s Michael Saylor Sued for Alleged Tax Fraud in Washington, D.C.
By Vicky Ge Huang and Richard Rubin Aug. 31, 2022 6:17 pm ET Listen to article (2 minutes) The District of Columbia attorney general sued Michael Saylor, the founder and chairman of software intellige...
Mayo Clinic taps into blockchain technology for clinical trial design
On Thursday, Dutch blockchain startup Triall announced that it has partnered with American nonprofit medical center Mayo Clinic to optimize clinical trial design and the management of study data. Star...
Europe’s Public Markets Offer Happy Hunting Grounds For Private Tech Investors
The expansion of private markets – and the ready availability of capital to technology companies without having to list their shares publicly – has been a key development shaping the global digital ec...
After selling Nvidia last month, Cathie Wood’s ARK snaps up graphic chipmaker’s stock as it hits 52-week low
That was a quick turnaround. After cutting its stake in Nvidia ahead of the graphic chipmaker’s results last month, Cathie Wood’s ARK Invest has now bought the stock in three of the company’s funds. T...
China’s electric car companies are safe from the U.S. Nvidia chip ban
Nvidia has found success in China by selling automotive chips to the country’s electric car companies. But the U.S. semiconductor giant has been restricted from sending some products to China. S...
Toyota Is Upping Its EV Game to Catch GM, Ford, and Tesla
Text size An all-electric 2023 BZ4X from Toyota. The company sold only 14,000 all-electric vehicles in 2021. Courtesy of Toyota The automotive giant Toyota Motor is starting to pivot away from hybrid ...
Michael ‘Big Short’ Burry Makes Another Dire Prediction
Michael Burry rose to fame after the 2015 film “The Big Short” depicted his bet on the subprime-mortgage meltdown, which sparked the 2008 financial crisis. The financier has since become ...
Mayo Clinic to use blockchain technology to trial clinical data design
US nonprofit medical center Mayo Clinic is to integrate blockchain technology to embed verifiable clinical data as part of a design trial involving 10 research sites and over 500 patients. For this pr...
GM’s Cruise recalls and updates self-driving software following crash
A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolow | picture alliance | Getty Images General Motors’ autonomous vehicle unit Cruise has recalled and updated s...
Nio August EV deliveries grow while Xpeng, Li Auto fall; shares drop
Nio managed to grow deliveries of its electric vehicles in August versus July. However, rivals Li Auto and Xpeng saw a sharp fall in deliveries. EV players continue to face supply chain disruptions fo...
Bull Market or Bear Market. Investors Are Trying to Decide
GMO’s Jeremy Grantham has warned of a ‘superbubble’ that’s about to burst. Lane Turner/The Boston Globe/Getty Images Text size Unlike traders, the most stressful part of my day comes at 4 p.m., just a...