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November 6, 2021, 3:30 PM
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| 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.
More:
DeCential, Decrypt, Crowdfund Insider, Cointelegraph, Crypto Briefing, and Notebookcheck.net
Tweets: @brian_armstrong, @jakesherman, @ecombryan, @dalperovitch, and @dalperovitch
| 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.
More:
The Record, CNET, Benzinga, NPR, Politico, Associated Press, The Hill, and NBC News. Tweets: @m_f_rose
| 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.
Tweets: @adityapolsani99, @mims, and @mparekh
| 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) …
More:
bZx network, Security Affairs, Crypto Briefing, BitcoinExchangeGuide, Decrypt, CoinDesk, and The Block
Tweets: @dcuthbert, @arekfurt, and @campuscodi
| 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.| 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 … | 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 …
Tweets: @samfbiddle, @carnage4life, and @_jack_poulson
| 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 … | 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 …
Source:
The Information. More:
Tom's Guide, Philip Elmer‑DeWitt, AppleInsider, Ubergizmo, BGR, PhoneArena, Ars Technica, TechRadar, Tom's Hardware, iThinkDifferent, MacRumors, Macworld, iPhone Hacks, iDownloadBlog.com, iPhone in Canada Blog, Slashdot, and MacDailyNews
Tweets: @carniphage, @tedjgould, @brianroemmele, @vadimyuryev, @waynema, and @markdistef
| Jamie Crawley / CoinDesk: |
Bitcoin Cash briefly spiked 4.6% on Friday after a fake PR Newswire press release, which also appeared on Kroger.com, claimed Kroger will begin accepting it — The cryptocurrency rose over 4.6% from $602.63 at around 11:30 UTC to $630.70 in less than 15 minutes after the publication of a fraudulent announcement.
More:
Reuters, Bloomberg, MarketWatch, Wall Street Journal, Crypto Briefing, The Verge, CoinDesk, The Daily Hodl, Bitcoinist.com, Techaeris, The Block, Cointelegraph, and Mashable
Tweets: @reuters, @crypto, and @thestalwart
| FinSMEs: |
Gather, which builds metaverse-like environments for offices, events, and conferences, raises a $50M Series B led by Sequoia Capital and Index Ventures — Gather, a US provider of a metaverse platform, raised $50M in Series B funding. — The round was led by Sequoia Capital and Index Ventures … | Chance Miller / 9to5Mac: |
Apple says it has identified and fixed a firmware issue with its T2 security chip, which bricked some Macs while upgrading to macOS Monterey — macOS Monterey was released to the public last month with new features such as Focus modes, Shortcuts, and more.
More:
Ars Technica, Redmond Pie, Gizchina, Techaeris, Ubergizmo, iPhone in Canada Blog, The Verge, iDownloadBlog.com, iPhone Hacks, AppleInsider, and iClarified
Tweets: @reneritchie and @campuscodi
Sponsor Posts
Command Line:
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Will Reed:
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
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Zoho:
Ask an Expert: How to effectively recover stuck TDS refunds with reduced TDS reconciliation time — The 26AS/Form 168 gets updated quarterly and often gets checked only during the time of ITR filing.
Ask an Expert: How to effectively recover stuck TDS refunds with reduced TDS reconciliation time — The 26AS/Form 168 gets updated quarterly and often gets checked only during the time of ITR filing.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Great Chat:
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Big Technology Podcast:
Can AI Keep Growing Exponentially? Let's Ask SemiAnalysis — With Dylan Patel and Jordan Nanos
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Channels with Peter Kafka:
Larry Ellison's Media Ambitions & Kevin Roose on AI's Biggest Gamble
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Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
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Sources:
Reflection's founders on building a DeepSeek of the West
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
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