The SEC issued dozens of subpoenas to investigate initial coin offerings. Fortune Senior Writer Jen Wieczner explains what this crackdown means for the cryptocurrency market.
"This is something that is on everyone's mind," says Wieczner. "I think its going to be largely a good thing. People in the ICO space say this is going to give them some clarity."
Wieczner says ultimately this crackdown can weed out bad actors in this emerging market.
Paul Miller, certified public accountant and founder of Miller & Company LLP, joined Cheddar News to discuss what electric vehicle owners should know about tax credits and the new rules to qualify for them. "I would definitely make a phone call to your accountant ... to your CPA to ensure that you're getting the credit and it's applicable," he said.
Meta is now allowing teenagers to access its virtual reality app, Horizon Worlds, even as critics of the technology say it could have harmful consequences for mental health. Cheddar News Senior Reporter Michelle Castillo breaks down the announcement.
Elon Musk claimed that artificial intelligence has the potential to cause 'civilization destruction.' The billionaire is currently planning to come out with an AI platform, TruthGPT.
Ten electric or plug-in hybrid vehicles will be eligible for a $7,500 U.S. tax credit, while another seven could get $3,750 under new federal rules that go into effect on Tuesday.
