The Technology Partener
How does the IRS define a crypto broker? The definition of the term “broker” includes individuals or entities that regularly provide services to carry out digital asset transfers. This definition ensures that only those truly “in a position to know” transaction details are subject to Form 1099-DA reporting requirements. These US Internal Revenue Service rules…
Look at every smartwatch buying guide on the internet. I guarantee they’re either divided into separate guides for iOS and Android, like The Verge’s, or include categories like “Best for iPhone owners” or “Best for Android.” (Also, like The Verge’s fitness tracker guide.) It wasn’t always this way. Five years ago, you could buy a…
Today, I’m talking with Almar Latour, who is the publisher of The Wall Street Journal and CEO of its parent company Dow Jones, which you can think of as a huge research and data provider for companies of all sizes. Dow Jones itself is part of Rupert Murdoch’s News Corp. Latour is a fascinating guy….
Understanding liquidity crises A liquidity crisis occurs when an organization lacks sufficient liquid assets, such as cash or assets readily convertible to cash, to meet its short-term financial obligations. Major hacks in the cryptocurrency exchange sector can trigger liquidity crises in several ways. The immediate depletion of assets, especially from compromised hot wallets, can severely…
Rollbacks in blockchain explained In blockchain, a rollback refers to reversing its history to counter a disastrous event, such as big hacks threatening to disrupt the ecosystem, the discovery of critical protocol bugs or centralization risks of network integrity. The Bybit hack, which resulted in a staggering $1.46 billion loss, has triggered a demand regarding…
President Donald Trump kicked off the first day of his presidency by signing a flurry of executive actions, including halting enforcement of the TikTok ban and rolling back the Biden administration’s artificial intelligence order. Having already run the country once before, Trump entered the presidency with the goal of hitting the ground running, having already…
Microsoft is asking the inspector general at the Federal Trade Commission to investigate whether agency management improperly leaked news of its antitrust investigation into the company, and make their findings public. Bloomberg first reported that the probe was underway last week, which The Verge later confirmed. The investigation covers Microsoft’s cloud and software licensing businesses,…
Perplexity shot back at media companies skeptical of AI’s benefits in a blog post Thursday, responding to News Corp’s lawsuit filed against the startup earlier this week. The lawsuit alleged Perplexity engaged in large-scale copyright violations against Dow Jones and the NY Post. Several other media organizations — including Forbes, The New York Times, and…
The news was featured on MSN.com: “Prominent Irish broadcaster faces trial over alleged sexual misconduct.” At the top of the story was a photo of Dave Fanning. But Mr. Fanning, an Irish D.J. and talk-show host famed for his discovery of the rock band U2, was not the broadcaster in question. “You wouldn’t believe the…
