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IRS says Microsoft owes an additional $29 billion in back taxes — CNBC

Microsoft received Notices of Proposed Adjustment from the Internal Revenue Service for an additional tax payment of $28.9 billion, the company said in an 8-K filing Wednesday, writes, Jake Piazza.

Here is the link: https://www.cnbc.com/2023/10/11/irs-says-microsoft-owes-an-additional-29-billion-in-back-taxes.html

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Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo.