Sources: the Trump administration plans to eliminate the IRS' free Direct File tax program, after IRS staff were told in mid-March to stop working on it
apnews.com/article/irs-... Representative Seth Magaziner / @magaziner.house.gov : So instead of using technology to make government more efficient, DOGE is canceling technology to make big corporation...
Kamala Harris is courting crypto investors and pro-crypto Democrats in Congress, as some prominent Democrats temper their initial skepticism of crypto assets
For Now Yves Smith / naked capitalism : Progressives Sound Alarm as Harris Courts Crypto Industry David Dayen / American Prospect : Not Enjoying the Mark Cuban for President Campaign Jasper Goodman / ...
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they risk a bank run trill...
Google says anyone coming to work at its campuses must be vaccinated, starting in the US, and will delay the return to offices from September until mid-October
will others step up? @salesforce, @lyft, @Facebook, @apple, @Cisco, @Uber, @WellsFargo, @Visa? Does your workplace require vaccination?https://www.nytimes.com/ ... @amy_siskind : More of this! “Google...
VAMS, a CDC website built by Deloitte at a cost of $44M to manage rollout of the COVID-19 vaccine, has been abandoned by states due to bugs and problems
mission comes second, profit comes first. And that comes at a cost: vaccines delayed, loved ones lost. https://twitter.com/... Lawrence Mower / @lmower3 : Unreliable registration, problems that lock s...
Robinhood explains why it placed restrictions on certain securities over the past week, says its clearinghouse-mandated deposit for equities increased tenfold
managed by obscure entities at the center of the stock market called clearinghouses — kicked in Thursday, forcing Robinhood to find emergency cash to continue to be able to trade.” $GME https://www.ny...
Sources and documents: Zuckerberg and others shelved damning research into Facebook's polarizing effect, weakening efforts to apply its conclusions to products
and refuses to stop Charlesarthur / The Overspill : Start Up No.1317: Facebook knew it was polarising, ban Trump's Twitter?, how Bill Gates became … Anmol Mehrotra / Neowin : Facebook reportedly knew ...
Uber says drivers will remain contractors under AB5, as they aren't core to its business which serves as a platform for several types of digital marketplaces
Data Sheet Tweets: @nytimes : Uber won't comply with a new California law requiring contract workers to be reclassified as employees, saying drivers are not core to its business https://www.nytimes.co...
California passes landmark bill that requires gig economy workers to be treated as employees, going into effect Jan 1, affecting companies like Uber and Lyft
what's next? Mathew Katz / Digital Trends : Uber says drivers aren't an essential part of its business Danielle Abril / Fortune : Uber, Lyft, and Other Gig Economy Companies Push Back on New Californi...
Amazon selects New York City and Arlington, Virginia for its new headquarters, receiving $1.5B in performance-based incentives from NY and $573M from VA
I've been thinking about your regret minimization … Sissi Cao / Observer : Amazon's HQ2 in Long Island City Will Make These 5 Residential Nightmares Worse Patrick Sisson / Curbed : Amazon HQ2 subsidie...