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IRS Hunts Bitcoin User Identities With Software In Tax Enforcement Push
(Photo by George Frey/Getty Images) Is bitcoin in the IRS cross hairs? Users of bitcoin seem to be. In IRS Notice 2014-21, the IRS announced that bitcoin and other digital currency is actually property for tax purposes, not currency. That in itself has some big tax consequences. For example:
Xiaomi Takes $1-Billion Loan to Drive Retail Push, Expansion Overseas
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HIGHLIGHTS Xiaomi has taken a $1 billion loan to speed up brick and mortar stores It follows a three-year $1 billion syndicated loan in 2014 Xiaomi shipped 23.16 million smartphones in the second quarter of 2017 Chinese smartphone maker Xiaomi Inc said on Friday it had signed a deal
Twitter enables longer tweets as part of growth push
Twitter announced Monday it was easing its 140-character limit on tweets, in the latest effort to broaden the appeal and boost the user base of the social network. The new policy announced in May and now in effect no longer factors in certain add-ons, including pictures, into