The UK is currently planning to keep its digital services tax after Canadian Prime Minister Mark Carney scrapped their own levy to restart trade talks with President Donald Trump’s administration https://t.co/FyWouDogT5 ...

Oracle CEO Safra Catz speaks at the FII PRIORITY Summit in Miami Beach, Florida, on Feb. 20, 2025.Oracle shares jumped more than 5% after a recent filing showed a cloud deal that would add over $30 billion annually.CEO Safra Catz is slated to share the deal news at a company meeting Monday, according to a filing with the Securities and Exchange Commission. The revenues are expected to start hitting in the 2028 fiscal year."Oracle is off to a strong start in FY26," Catz is expected to say, according to the f ...

U.S. Futures rose early on Monday after the Canadian government scrapped its digital-services tax. https://t.co/Gb3m94bzLx https://t.co/Gb3m94bzLx ...

Well, the Trump administration's trade dispute with Canada is back in the spotlight this morning. Canada has rescended a digital services tax on tech companies. This includes those based in the United States.It comes after President Trump announced on Friday he was suspending trade talks with the country. NBC News White House correspondent Yamish Alinder joins us now with the latest. Yamish, good morning.Great to see you. So, these first payments, they were actually initially set to be collected today. This ...

Company Overview - BitMine has announced a private placement for the purchase and sale of 55,555,556 shares of common stock at a price of $4.50 per share, expecting gross proceeds of approximately $250 million [3][5] - The company focuses on accumulating cryptocurrencies for long-term investment, with operations in Bitcoin mining and Ethereum treasury strategy [12] Leadership Changes - Thomas Lee has been appointed as the Chairman of the Board of Directors, effective immediately [1][6] - Lee emphasized the convergence of traditional financial services and crypto, highlighting the quality of investors involved in the transaction [6] Treasury Strategy - The proceeds from the private placement will be used to acquire Ethereum (ETH) as the company's primary treasury reserve asset, enhancing its treasury strategy [5][6] - BitMine aims to increase its treasury holdings significantly, with existing treasury holdings increased by over 16 times [2] Market Context - The stablecoin market is projected to grow from $250 billion to potentially $2 trillion, with Ethereum being the primary blockchain for stablecoin transactions [7] - The company plans to leverage its ETH treasury position for protocol-level activities, including staking and decentralized finance mechanisms [6][7] Partnerships and Advisors - The transaction was led by MOZAYYX, with participation from notable investors such as Founders Fund, Pantera, and Kraken [4][6] - FalconX, Kraken, and Galaxy Digital will partner with BitMine to develop a world-class Ethereum treasury strategy [7]

is geopolitics. Canada's been a very difficult country to deal with uh over the years. Uh you know, we hear Canada, we have a great relationship with the people of Canada, but it's been very difficult.Is there anything Canada can do to change your mind about this situation. No. They put a tax on uh companies that were American companies that they should a very very severe tax and uh yeah I guess they could remove it.They will but it I don't really I mean it doesn't matter to me. We'll continue to conduct uh ...

♦️ Republicans bring the “One Big Beautiful Bill” to the Senate floor.♦️ Canada will suspend a digital-services tax that upset trade talks with America.♦️ Donald Trump claims a group of “very wealthy people” will buy TikTok.Keep up with US politics 👇 ...

Canada said that it is rescinding its digital services tax that would have targeted U.S. technology firms, in a bid to restart trade talks between Washington and Ottawa. https://t.co/zK2CrfzWXk ...

As we've just been discussing on Canada, I think the removal of that digital services tax. While some may have argued that that was actually a point of leverage for Canada in any trade negotiations with the United States for moving that off the table does seem to have opened the door maybe a little bit more for the US and Canada to negotiate a deal. I think it's pretty you know, I mean, it's important to note that this kind of leaves the path for Trump and the Canadian Prime Minister, Mark Carney, to talk a ...

Canada will rescind a digital services tax to restart US trade talkshttps://t.co/JZu0CIJFsU ...