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Why the IRS draft update for gambling tax reporting matters

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One year in, Big Tech has out-maneuvered MAGA populists
Mark Zuckerberg, Lauren Sanchez, Jeff Bezos and Sundar Pichai attend the inauguration of U.S. President-elect Donald...

OpenAI Lines Up Advertisers, Reveals Key Details Ahead of Ads Launch
OpenAI has started offering its new chatbot ads to dozens of advertisers, according to two people familiar with the matter. To start off, the company is charging on the basis of ad views as opposed to...

Tether Teams Up with Digital Assets Platform Bitqik to Support Stablecoin focused Initiatives in Laos
Tether, which remains the leading stablecoin issuer, has recently unveiled two significant collaborations. These efforts underscore the company’s commitment to fostering inclusive economic growth th...

AI Inference Startup Baseten Raises $300 Million and Gains Backing From Nvidia
Nvidia reportedly invested $150 million in artificial intelligence (AI) inference startup Baseten. The investment is part of the $300 million raised by Baseten in a funding round that dou...

Amazon Adds More Payment Options to Latest Smart Shopping Cart
Amazon has begun rolling out the latest generation of its smart shopping cart. The newest Dash Cart was introduced in Whole Foods Market stores in three cities last year and will now be exp...

Snap Settles Lawsuit on Social Media Addiction, Avoiding a Landmark Trial
The settlement means Snap will avoid a trial where plaintiffs had planned to argue that social media platforms are inherently defective and subject to personal injury liability....

Can You Trust Mark Meador?
The FTC remains politicized. One commissioner is leading the way—when it suits him. The Federal Trade Commission under Lina Khan was not a well-run institution. I wrote about this at the time, of...

F.T.C. Appeals Loss in Meta Antitrust Case
The agency is aiming to reverse a setback in the government’s campaign to rein in the power of the biggest tech companies....

Davos Signals a Disciplined Era for AI in Banking and FinTech
At the World Economic Forum in Davos, global banking chiefs, FinTech leaders and regulators converged on a shared reality: AI is reshaping finance faster than institutions can adapt alone. ...

Anthropic CEO Dario Amodei Says AI Could Increase Both Economic Growth and Unemployment
Artificial intelligence (AI) could create a never-before-seen scenario in which both GDP growth and the unemployment rate are very high, creating greater inequality, Anthropic CEO Dario Amodei said Tu...