Got Bitcoins? Here’s how the IRS says to report them on your tax return. In light of the IRS announcement that bitcoins are property, not currency, for federal tax purposes, the Switch's Brian Fung has some handy information about how to report them before Tax Day this year.
Facebook to buy virtual reality firm Oculus for $2 billion. Facebook has bought out the 20-month-old virtual reality company for $2 billion, the Switch's Brian Fung reports. "The acquisition is the latest by Facebook after a string of recent purchases including WhatsApp, which the company snapped up for $19 billion, and two other companies the tech firm bought in January."
The NSA is likely to get out of the business of keeping your phone records. "There is emerging consensus from 1600 Pennsylvania Avenue to Capitol Hill that the government’s mass collection of data on Americans’ phone calls must end," writes the Post's Ellen Nakashima. "President Obama on Tuesday said the intelligence community has given him a plan to get there, and key factions in Congress have developed various alternatives."
How one college went from 10% female computer-science majors to 40%. "With a three-step method, Harvey Mudd College in California quadrupled its female computer science majors," reports Manoush Zomorodi at Quartz. "The experiment started in 2006 when Maria Klawe, a computer scientist and mathematician herself, was appointed college president. That year only 10% of Harvey Mudd’s CS majors were women."