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Tax compliance company Sovos launched a partnership with eCommerce platform Shopify.
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The companies launched Shopify Tax automated filing, a feature that automates the preparation, filing and remittance of sales tax returns for Shopify merchants, according to a Tuesday (June 10) press release. It’s available now for merchants in the United States using Shopify Tax.
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At least three exchange-traded fund (ETF) issuers filed ETFs related to Circle Internet Group (CRCL) in the days after the stablecoin issuer’s Thursday (June 5) initial public offering (IPO).
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These filings reached the Securities and Exchange Commission (SEC) on Friday (June 6) and Monday (June 9), Bloomberg reported Tuesday (June 10). They included the Bitwise CRCL...
The Securities and Exchange Commission wants to ease restrictions governing decentralized finance (DeFi) platforms.
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Speaking to DeFi experts during the “DeFi and the American Spirit” roundtable Monday (June 9), SEC Chairman Paul Atkins said industry developers should not be blamed for how their tools are used, according to a transcript of his remarks.
“Many...
Construction industry procurement platform Remarcable has raised $15 million in new funding.
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The company’s Series A round, led by Insight Partners, will help Remarcable expand its platform’s capabilities, onboard additional suppliers and invest in artificial intelligence (AI) tools to streamline construction workflows, according to a Tuesday (June 10) news release.
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OpenAI and Google reportedly finalized a deal in which OpenAI will tap Google’s cloud service for additional computing capacity to train and run its artificial intelligence (AI) models.
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The companies had been discussing a deal for months but had been unable to sign it until an agreement that made Microsoft OpenAI’s exclusive data center infrastructure provider ended in...
Apple is reportedly deepening its relationship with OpenAI while also rolling out new artificial intelligence capabilities.
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The expanded partnership with the ChatGPT maker was one of several AI-related announcements from the tech giant at its 2025 Worldwide Developers Conference (WWDC), Bloomberg reported Monday (June 9).
The rollout is happening as Apple is facing...
Citigroup is reportedly preparing for a potential decline in consumer financial health by putting aside more provisions for credit losses.
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“Given the macro environment, etc., cost of credit compared to last quarter, we expect to be up a few hundred million,” Citigroup Head of Banking Vis Raghavan said Tuesday (June 10) at a conference hosted by Morgan Stanley, according...
The World Bank says tariff-related discord is threatening 80 years of global prosperity.
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In the latest edition of its Global Economic Prospects report, issued Tuesday (June 10), the bank reduced its global growth forecast for the year by 0.4 percentage point to 2.3%, saying that higher tariffs and increased uncertainty were a “significant headwind” for nearly all...
Last month, U.S. lawmakers promised stablecoin regulations would be approved by Memorial Day.
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That didn’t happen. But the GENIUS Act, an acronym for Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 Act, which could be the country’s first stablecoin legislation, did eventually make progress Monday (June 9) when Senate Majority Leader John Thune...
Small business owners grew more optimistic in May as they reported improvements in their expected business conditions and sales expectations, according to the National Federation of Independent Business (NFIB).
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The NFIB Small Business Optimism Index rose to 98.8 in May, three points higher than it was in April and above the 51-year average of 98, the organization said...