Category: filings
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Fund managers boost exposure to bitcoin ETFs, quarterly US filings show
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Written by Suzan McKiji (Reuters) – The asset managers, from wealth management companies to hedge funds and pension funds, reinforced the allocations circulating in the United States associated with Bitcoin price in the fourth quarter of 2024, where the price of the largest encrypted currency in the world increased by…
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Tomasz Tunguz’s Theory Ventures has raised a $450 million second fund, filings say
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Theory Ventures has raised $450 million for its second fund, according to securities filings viewed. luck. The company was founded in 2023 by Tomasz Tunguz, former managing director at venture capital firm Redpoint. Tunguz made his name at Redpoint through investment wins such as data analytics company Looker — which…
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Tech stocks in focus as investors eye latest filings from funds By Reuters
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NEW YORK (Reuters) – Investors will be watching quarterly reports on Wednesday for a look at how some of the world’s biggest money managers fared at the end of the second quarter, a period marked by a string of record highs in the run-up to the latest bout of turmoil…
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IRS lightens crypto reporting requirements for tax filings
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The Internal Revenue Service has simplified reporting requirements in the latest version of Form 1099-DA, which cryptocurrency brokers and taxpayers will use to report digital asset transactions. According to August 9 to updateThe new draft removes many requirements that were part of the April version when the IRS first introduced…
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China leads generative AI patent filings globally, says UN data
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Wannan Yusengkum/iStock via Getty Images China is leading other countries in AI inventions such as chatbots, filing six times as many patents as its closest competitor, the United States, Reuters reported, citing United Nations data. Generative AI patent applications have seen over 50,000 applications Applications filed over the past decade.…
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SEC, Gary Gensler Viewed Ethereum as a Security for Over a Year, New Filings Reveal
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While Bitcoin has been recognized as a commodity, the same cannot be said for Ethereum’s status, which has been more ambiguous due to its initial coin offering (ICO) in 2014. However, a new report suggests that the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, seem to have…