As opposed to the move that other countries are taking, the British government is planning to ditch the tax levied on Bitcoin trading, but the cryptocurrency will still be subjected to corporation and other taxes.
Tags: US
MWW adds Los Angeles PR firm Macias to tap into LGBT market
East Rutherford, New Jersey-based independent public relations (PR) firm MWW added Los Angeles-based firm Macias Media Group LLC for an undisclosed sum to tap into the lesbian, gay, bisexual, and transgender (LGBT) market.
Swiss firm Logitech debuts Harmony Smart Keyboard for living room appliances
Lausanne, Switzerland-based tech accessory maker Logitech debuted a wireless keyboard called Harmony Smart Keyboard that can be connected to different living room devices including the Apple TV, Xbox One, and PS3.
California analytics startups Reflektion scores $8M in second financing round
San Mateo, US-based predictive analytics startup Reflektion scored $8 million in its second funding round led by Intel Capital and Nike to ramp up its sales and marketing activities.
RadioShack announces closure of 1,100 stores across the US
Texas, US-based electronics retail franchise chain RadioShack announced the closure of 1,100 out of its 4,000 stores across the US in a bid to save the company after a massive revenue loss over the holidays.
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San Antonio, US-based early-stage investment fund Geekdom Fund invested $25,000 each in startups Nebula Technologies, Lightphile, and Remote Garage, which are headquartered in Geekdom's co-working space.
Mumbai, India-based social venture capital firm Aavishkaar Venture Management invested INR18.6 crore in US-based luxury lifestyle brand Mela Artisans for the latter's domestic and international product expansion.
Berrien Springs, Michigan-based tech incubator Rurban launched a crowdfunding campaign on Kickstarter to raise $150,000 by the end of march for the initial planning for Data Studio, a tech hub where entrepreneurs can converge and develop ideas.
Miami, US-based anti-fraud startup Kairos AR raised $1.2 million in a Series A funding round led by Boca Raton-based investment firm New World Angels for the development of its facial recognition software.
California, US-based electronics giant Apple is currently working on a software update that will improve the fingerprint recognition ability of its Touch ID system, based on a report by AppleInsider citing a source familiar with the situation.
Chuluota, US-based social food network Modernmeal wants to help families eat good meals at home by providing a website where users can create, compile, and share their own or others' home recipes.
Chicago, Illinois-based travel booking site Orbitz Worldwide snapped up Southlake, Texas-based private-label travel solutions firm Travelocity Partner Network, the affiliate network of Travelocity, for an undisclosed amount.
David Goel, the manager of Waltham, Massachusetts-based hedge fund Matrix Capital Management, bought a three-bedroom apartment in Manhattan fro Charles Bronfman, the heir of Canadian beverage firm Seagram Co, in a deal valued $19 million.
Indiana, US-based commercial vehicle manufacturer Supreme Industries Inc is about to divest its shuttle-bus business to Elkhart-based recreational vehicle maker Forest River Inc in a deal valued at $7 million.
