| Nikhilesh De / CoinDesk: |
The US infrastructure bill amends tax code section 6050I to require certain recipients of digital assets worth $10K+ to report sender details to the IRS — The U.S. House of Representatives voted to pass a bipartisan infrastructure bill that contains a controversial cryptocurrency tax reporting requirement.| Jacob Pramuk / CNBC: |
House passes $1T+ bipartisan infrastructure bill, with a controversial crypto tax provision and $65B in broadband funding; Biden could sign the bill within days — - The House passed a more than $1 trillion bipartisan infrastructure bill, sending it to President Joe Biden for his signature.| Christopher Mims / Wall Street Journal: |
How a scarcity of secondhand chip manufacturing machines, which use older fabrication techniques, has exacerbated the global chip shortage — The world is hungry for semiconductors, and not all of them need to be made with cutting-edge technology. The race is on to find older machines that can still crank out chips.| Sarah Gooding / WP Tavern: |
A recently unredacted antitrust complaint alleges that Google gives AMP a “nice comparative boost” by throttling load times of non-AMP ads via one-second delays — The Chrome Dev Summit concluded earlier this week. Announcements and discussions on hot topics impacting … | Madeleine Morley / New York Times: |
A look at digital pets site Neopets, which had 25M users in the mid-2000s, as owner JumpStart Games says 30%-40% of former users returned since March 2020 — When Allison Kennedy visited her Neopets in May after a four-year hiatus, they were crying. Big blue tears of hunger and sadness ran down their cheeks.| Catalin Cimpanu / The Record: |
DeFi platform bZx says a hacker stole an estimated $55M worth of cryptocurrency assets after spear-phishing one of its employees and swiping two private keys — A hacker has stolen an estimated $55 million worth of cryptocurrency assets from bZx, a decentralized finance (DeFi) … | Lucia Maffei / Boston Business Journal: |
Botkeeper, which provides AI-powered bookkeeping automation software, raises a $42M Series C led by Grand Oaks Capital, bringing its total funding to $89.5M — Boston-based bookkeeping automation software provider Botkeeper plans to double its engineering team after raising $42 million in a Series C round led by Grand Oaks Capital.| Sam Biddle / The Intercept: |
FOIA records show US Treasury bought location and other app data from controversial company Babel Street in recent months to hunt for tax and sanctions dodgers — The Treasury Department has in recent months expanded its digital surveillance powers, contracts provided to The Intercept reveal … | Christine Hall / TechCrunch: |
Neuro-ID, whose real-time behavioral analytics tool helps companies reduce fraud and customer friction, raises a $35M Series B led by Canapi Ventures — Much of our days are built around digital experiences, and companies are increasingly looking for ways to unlock conversion and optimize fraud screening.| Benjamin Mayo / 9to5Mac: |
Report: Apple and TSMC plan to produce 3nm chips for Macs as soon as 2023, with as many as four dies and up to 40 CPU cores per chip — Apple is taking the PC world by storm with its first debut of Apple Silicon chips inside of Macs, taking what it learned from developing the iPhone and iPad … | Antoine Gara / Financial Times: |
Sources: McAfee is in advanced talks to go private in a deal worth over $14B, including $4B in debt, led by private equity firm Advent International — Buyout would be one of largest this year and mark end of company's brief stint on public markets — Antivirus software company McAfee … | PYMNTS.com: |
Abound, an online wholesale marketplace connecting retailers and brands, raises a $36.7M Series B led by D. E. Shaw, bringing its total funding to $59.6M — Wholesale marketplace Abound raised $36.7 million in a Series B funding round led by D. E. Shaw group, with additional support from PointState Capital …
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| Bloomberg: |
| Chance Miller / 9to5Mac: |
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| Rebecca Bellan / TechCrunch: |