Jen Wieczner, senior writer at Fortune, says that while you are required to notify the IRS about gains on Bitcoin and other digital assets, less than 1 percent have reported profits so far.
For the full interview, [click here](https://cheddar.com/videos/this-week-in-crypto-bitcoins-weak-rally-filing-taxes-and-regulation).
Microsoft is cutting 10,000 workers, almost 5% of its workforce, in response to what it described as “macroeconomic conditions and changing customer priorities.”