The US finalizes rules requiring custodial crypto platforms to report user transaction info to the IRS; DeFi platforms are exempt amid fierce crypto lobbying
Treasury finalizes rules to deter crypto tax evasion—but softens them after industry lobbying push
Redbox's owner, Chicken Soup for the Soul Entertainment, files for bankruptcy protection; Chicken Soup took on $325M in debt when it acquired Redbox in 2022
Redbox's owner, Chicken Soup for the Soul Entertainment, filed for bankruptcy protection overnight.
Kuo: Apple plans to mass produce new AirPods with camera modules by 2026, which will include an IR camera similar to the iPhone Face ID receiver
According to a new report from analyst Ming-Chi Kuo, Apple is targeting to begin mass production of new “AirPods with camera modules” by 2026.
Sources: Apple is actively working to bring the AI features to Vision Pro, rejiggers Vision Pro's retail demos, and starts developing 2025's operating systems
Apple's strategy to make its devices last longer will mean AI and software are even more important to its business.
SK Hynix plans to invest ~$75B on chips through 2028, allocating ~80%, or $60B, on manufacturing HBM chips, as part of the parent company SK Group's bet on AI
- About 80%, or $60 billion, will be spent on HBM memory chips — Plan underscores overhaul at S. Korea's No. 2 business group
Source: Amazon plans to use a controversial trade rule used by Temu and Shein, which exempts packages worth $800 or less from tariffs, for its discount section
Amazon is planning to use the same controversial trade rule as Temu and Shein to import items sold on its upcoming discount …
Kaiko: the proportion of Bitcoin traded over weekends has fallen to 16% in 2024 so far, down from 28% in 2019, a trend likely accelerated by Bitcoin ETFs launch
- Weekend trading drops to 16% of total volume, Kaiko says — ETFs, dwindling volatility lessen appeal, researcher says
A US judge rules that SEC charges against Binance, Binance.US, and CZ for violating federal securities laws can proceed, but dismisses secondary sales charges
A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.
Filings and DOJ officials describe how a gang threatened, assaulted, and tortured 11 victims in likely the worst crypto-focused serial extortion case in the US
More than a dozen men threatened, assaulted, tortured, or kidnapped 11 victims in likely the worst-ever crypto-focused serial extortion case of its kind in the US.
EU tech regulators asked Temu and Shein to provide details on how they comply with the Digital Services Act by July 12, following complaints by consumer bodies
Chinese fast-fashion e-commerce retailer Temu and China-founded peer Shein were ordered by EU tech regulators to provide details …
A look at the possible impact of SCOTUS overturning Chevron deference and curbing federal agencies' power on net neutrality, Big Tech regulation, and more
and created new messes for Congress to solve Jameson Dow / Electrek : Among incredibly stupid court opinions, overturning Chevron takes the cake New Civil Liberties Alliance : In Landmark Victory for ...
Chime buys enterprise employee rewards company Salt Labs, sources say in a deal worth up to $173M; Salt Labs had raised $18M and was valued at $80M in December
Luisa Beltran / Fortune :
European fintech execs say financial services are shunning AI over job loss and regulatory fears, despite evidence that AI will boost productivity and cut costs
Industry leaders say concerns over impact of technology are outweighing benefits such as productivity gains and cost cuts
An interview with Plaid's first president, Jennifer Taylor, on expanding beyond its traditional fintech customers as its enterprise customer base crosses 1,000
As Plaid has expanded its fintech services, so, too, has it grown its customer base. — Plaid got its start as a company … X: @techcrunch and @bayareawriter . LinkedIn: Kevin Young X: @techcrunch : P...
Microsoft Surface Laptop 7th Edition review: great native app performance but emulated apps can be more battery intensive, and AI features feel gimmicky
but only for early adopters Tom Warren / @tomwarren : I'm really impressed with the base $999 Surface Laptop. There have been days I've used it for work for 6+ hours and still had 70% battery life lef...
Solera, which offers SaaS tools for integrated vehicle lifecycle and fleet management, files for a US IPO; sources: Solera may seek to raise as much as $1.5B
Bloomberg :
How Avery Johnson and Warren Brodey, early members of the American Society for Cybernetics, created a lab in 1967 with a utopian vision to personalize computing
https://www.ft.com/... Simonetta Vezzoso / @wavesblog : Tech solutionism"has..driven the development of wearable devices that track our health metrics and social media platforms that claim to enhance ...
An interview with Illia Polosukhin, a co-author of Google's Attention Is All You Need paper, on open-source AI, his Web3 company Near, “user-owned AI”, and more
and has an alternative. https://www.wired.com/... Illia / @ilblackdragon : I spoke to @StevenLevy @WIRED about why corporate-owned AI is dangerous—and why regulation alone can't protect us. We need op...
Hugging Face unveils Open LLM Leaderboard v2 that tests models across six benchmarks; Chinese models dominate the top 10 with Alibaba's Qwen taking the top spot
Dallin Grimm / Tom's Hardware :
Alphabet's Verily closes its R&D centers in Israel after launching them in August 2021, as part of Alphabet's decision to concentrate all R&D activity in the US
How some doctors are using the Apple Watch to diagnose and help their patients manage medical conditions, despite the availability of FDA-approved devices
Analysis | #Apple Watch Is Becoming Doctors' Favorite Medical Device … X: Kontra / @counternotions : I wonder if Margrethe Vestager should just ban the medical use of Watch in Europe as a parting gi...
Source: Microsoft told over a dozen Texas agencies and public universities that their emails were exposed in the Russian hack of Microsoft, disclosed in January
Jake Bleiberg / Bloomberg :
A look at the disastrous launch of Stable Diffusion 3, which struggles to generate correct human anatomy, and concerns over the tool's new and different license
Emanuel Maiberg / 404 Media : X: @jason_koebler , @rossreelachart , @404mediaco , and @emanuelmaiberg X: Jason Koebler / @jason_koebler : Stable Diffusion 3's disastrous launch means other alternativ...
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.