IRS to Tax Crypto Staking Rewards
The Internal Revenue Service (IRS) has come up with taxation rules for those getting income from crypto staking
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Sequoia Capital Reportedly Downsizes Its Funds
The media reports that the Silicon Valley venture capital company Sequoia Capital has decided to downsize two of its large funds.
DoorDash Reportedly Tests AI Chatbot
The media reports that DoorDash is currently testing a chatbot based on artificial intelligence.
Fed Raises Interest Rates
The US central bank has decided to raise interest rates to the highest level in the last 22 years.
Revolut Launches Accounts for Non-US Citizens in US
Those who are lawfully in the US but don’t have SSNs can now get a Revolut account
PacWest to Merge With Banc of California
PacWest Bancorp plans to implement a merger deal with Banc of California.
Spotify Raises Its Premium Subscription Price
Streaming service Spotify has announced an increase in the cost of an individual tariff plan without advertising, to which 200 million people have subscribed.
Apple Opens Applications for Vision Pro Developer Kit
Apple has decided to open applications for the Vision Pro developer kit.
Netflix Launches New Tool
A new tool has appeared on the online platform of the streaming service Netflix, which is designed to search for content.
SoftBank and Symbiotic Collaborate to Offer Automated Warehouses
SoftBank Group last Monday, July 24, announced the creation of a joint venture with Symbotic, which was named GreenBox Systems LLC.
Bunq Sees Record Funding Year With Fresh €44.5M Investment
Europe’s largest neobank bunq secures additional growth capital, bringing the total yearly investments to nearly €100M
Capital One Publishes Results for Second Quarter of 2023
The American bank holding company Capital One has released financial results for the second quarter of 2023.
Netflix Reduces Availability of Ad-Free Plan
Netflix announced a restriction on the availability of the cheapest monthly tariff plan, which provides for the absence of advertising.
Citi Rolls Out Working Capital Loans
Citi announced its intention to meet the working capital needs of commercial clients as part of its activities.
Microsoft CEO Defends AI Pricetag
The CEO of Microsoft said that the decision of the technology giant to charge a fee of $30 per month for consumers’ access to artificial intelligence functions was fair and justified.
Ripple Court Ruling Explained: Consequences & Market Impact
One small step for Ripple, one giant leap for the crypto industry – here is how Ripple’s partial win in SEC lawsuit will impact the company and its competitors
