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December 2023
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Southeast Asia's funding winter could end next year but tech firms need viable paths to profitability

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Venture capital firms in Southeast Asia expect fundraising to pick up in 2024, but tech firms must demonstrate clear and viable paths to profitability.

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posted at: 12:00am on 20-Dec-2023
path: /Technology | permalink | edit (requires password)

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SEC charges ex-CEO of medical device company with fraud, says some devices were 'just a piece of plastic'

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The SEC on Tuesday charged former Stimwave Technologies CEO with allegedly defrauding investors out of $41 million.

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posted at: 12:00am on 20-Dec-2023
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Tesla drivers had highest accident rate, BMW drivers most DUIs study finds

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Tesla drivers had 24 accidents per 1,000 drivers during the period from mid-November 2022 to mid-November 2023, according to a study by Lending Tree.

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posted at: 12:00am on 20-Dec-2023
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United States-Chile Bilateral Tax Treaty Enters into Force

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A comprehensive bilateral tax treaty between the United States and Chile enters into force today. The Chile tax treaty is the first new comprehensive bilateral tax treaty signed by the United States to enter into force in more than ten years. The U.S. Senate provided advice and consent to ratification of the treaty on June 22, 2023, and President Biden signed the instrument of ratification in December. The treaty entered into force today when the United States notified Chile that it had completed the required procedures for bringing the treaty into force.  
The Chile tax treaty will reduce tax-related barriers to cross-border investment between the United States and Chile, facilitating stronger bilateral business ties.  Lower tax rates will allow entities doing business in both countries to save money. U.S. and Chilean companies and industry associations have long championed the passage of this tax treaty, which will make Chilean companies more competitive in the United States, and U.S. companies more competitive in Chile. The United States remains the number one market for Chilean women-led and small and medium-size businesses. This treaty will reduce the cost of business for them, as well.
The United States has 57 comprehensive tax treaties, covering more than 60 nations around the world. The U.S.-Chile bilateral tax treaty is only the second comprehensive income tax treaty in force with a South American country.


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posted at: 12:00am on 20-Dec-2023
path: /Policy | permalink | edit (requires password)

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Imposing Sanctions onThoseSupporting Iran'sUnmanned Aerial Vehicle (UAV) Production

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The United States is imposing sanctions today on a network of 10 entities and four individuals based in Iran, Malaysia, Hong Kong (PRC), and Indonesia, led by Iran-based Hossein Hatefi Ardakani, for facilitating Iran's procurement of sensitive goods, including U.S.-origin electronic components, for one-way attack UAVs produced by the Islamic Revolutionary Guard Corps Aerospace Force Self Sufficiency Jihad Organization.    
The United States is committed to utilizing all available means to expose and disrupt Iran's growing UAV development and proliferation, which destabilizes the Middle East and could prolong Russia's unprovoked and unjustified war against Ukraine.  The United States will continue to work with allies and partners to hold individuals and entities accountable for supporting Iran's UAV programs.  Today's designations follow previous U.S. designations of individuals and entities linked to the production of Iran's Shahed-series UAV that the Russian military uses against Ukraine.  
Concurrent with OFAC's action and following a multi-year investigation by Homeland Security Investigations (HSI), the Department of Justice announced the unsealing of indictments charging Hossein Hatefi Ardakani and Gary Lam with crimes related to an illicit procurement network and scheme to unlawfully export U.S.-origin, dual-use, and sensitive technology to Iran.  HSI's global investigation identified a network of Iranian intermediary companies, front companies, and logistics businesses used to procure and facilitate the transfer of sensitive U.S.- and foreign-origin technology to Iran for its weapons programs.  On October 18, 2023, OFAC designated Gary Lam, whose primary name is Lin Jinghe, for his support to an Iran-based procurement agent working on behalf of the IRGC-owned Saberin Kish Company.
The Department of the Treasury's actions were takenpursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction and their means of delivery, and their supporters. For more information on today's action, please see the Department of the Treasury'spress release.


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posted at: 12:00am on 20-Dec-2023
path: /Policy | permalink | edit (requires password)

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How to create a drop-down list in Excel -- quickly and easily

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Want to be more efficient and proficient in Microsoft Excel? Here's a quick step-by-step guide to creating drop-down lists.

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posted at: 12:00am on 20-Dec-2023
path: /Technology | permalink | edit (requires password)

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How to find out if an AirTag is tracking you

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Apple's handy trackers have been used to track people's location against their consent, but there's a way to find out if an AirTag is tracking you. Here's what to know.

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posted at: 12:00am on 20-Dec-2023
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How to use Bing Image Creator (and why it's better than ever)

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It's free, there's no waitlist, and you don't even need to use Edge to access it. Here's everything else you need to know to get started using Microsoft's AI art generator.

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posted at: 12:00am on 20-Dec-2023
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