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Built to Linux Cloud VPS Server Hosting With SSD and Control Panel Via Onlive Server – Digital Journal

Onlive Server offers the Cloud VPS Server that can offer you the perfect balance of power and flexibility, and USA Server Hosting has some of the best options in the business. In this blog post, well look at some of the reasons this server could be the right choice for your website and some of the top features our servers can offer.

A VPS, or Virtual Private Server, is a server that runs in a cloud data center and can be used just like a physical server would be. The benefits of using virtual servers include flexibility, scalability, cost-efficiency, and reliability. A Cloud USA VPS Server is less expensive than a physical one because you only need to pay for the resources that you use.

Scalability: USA VPS is quickly scaled up or down as needed, so you only pay for the resources you use.

Flexibility: With this kind of server, youre not tied to any one physical location you can easily move your server to another data center if needed.

Reliability: These servers are designed to be highly available and can tolerate failures of individual components without affecting your website.

Benefits of Using a Cloud VPS?

Using cloud USA VPS Hosting to boost your website performance has many benefits. Perhaps the most obvious benefit is that you can scale your website without worrying about capacity issues. It also offers great flexibility since you can easily add or remove resources as your website demands change. Finally, it can be a great cost-saving measure since you only pay for the resources you use.

More Scalable

The cloud is more scalable than traditional VPS hosting. With USA VPS Server, you are limited by the size of the server you are using. With the best and most affordable cloud server hosting, you can easily scale up or down as needed.

Provides Top-Class Security

USA VPS provides top-class security to its customers with the help of the latest technologies and a team of highly skilled security professionals.

Media ContactOnlive Server Private Limited+91 6387659722[emailprotected]

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Melita Business showcasing Cloud and Fibre connectivity at SiGMA – Times of Malta

Melita Business will be showcasing its Fibre connectivity and Cloud services, along with colocation and end-to-end network infrastructure management at the SiGMA Summit, which is the leading forum for the iGaming Industry.

Melita Business experts will be on-hand to talk about disaster recovery, backup and cloud hosting solutions, all complemented by high speed fibre connectivity with fully redundant international links connecting to the worlds leading internet carriers in Milan.

The iGaming industry accounts for around 10 per cent of Maltas GDP, making it an important player in the economy.

Malcolm Briffa, Director of Business Services at Melita explained: Alongside our hosting and cloud services, the Melita Business team will also be sharing best practices, solutions, and professional advice to iGaming companies that require fast and reliable connectivity through dedicated fibre internet, or international private links, available for companies located across Malta and Gozo.

Malta has long established itself as a leading remote gaming jurisdiction with an efficient licensing process and a swift regulatory system. Thanks to its adaptive responsiveness to the iGaming industry, the country now boasts the largest number of licensed operators in the world. The Melita Business team will be displaying the companys future-proof technology and hard-earned expertise on Stand C01. Dedicated consultation sessions can reserved at sales@melitabusiness.com.

Independent journalism costs money. Support Times of Malta for the price of a coffee.

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Cerebras Wants Its Piece Of An Increasingly Heterogenous HPC World – The Next Platform

Changing the compute paradigm in the datacenter, or even extending it or augmenting it in some fashion, is no easy task. A company, even one that has raised $720 million in seven rounds of funding in the past six years, has to be careful to not try to do too much too fast and lose focus while at the same time adapting to the conditions in the field to get its machines doing real work and proving their worth on tough tasks.

This is where machine learning upstart and wafer-scale computing pioneer Cerebras Systems finds itself today, and it does not have the benefit of ubiquity that the Intel X86 architecture or the relative ubiquity that the Nvidia GPU architecture have had as they challenged the incumbents in datacenter compute in the 1990s and the 2010s, respectively.

If you wanted to write software to do distributed computing on these architectures, you could start with a laptop and then scale the code across progressively larger clusters of machines. But the AI engines created by Cerebras and its remaining rivals, SambaNova Systems and Graphcore and possibly Intels Habana line, are large and expensive machines. Luckily, we live in a world that has become accustomed to cloud computing, and now it is perfectly acceptable to do timesharing on such machines to test ideas out.

This is precisely what Cerebras is doing as it stands up a 13.5 million core AI supercomputer nicknamed Andromeda in a colocation facility run by Colovore in Santa Clara, the very heart of Silicon Valley.

This machine, which would cost just under $30 million if you had to buy it, is being rented by dozens of customers who are paying to use it to train on a per-model basis with cloud-like pricing, Andrew Feldman, one of the companys co-founders and its chief executive officer, tells The Next Platform. There are a bunch of academics who have access to the cluster as well. The capacity on Andromeda is not as cheap and easy as running CUDA on an Nvidia GPU embedded on a laptop in 2008, but it is about as close as you can get with a wafer-scale processor that would not fit inside of a normal server chassis, much less a laptop.

This is similar to the approach that rival SambaNova Systems has taken, but as we explained when talking to the companys founders back in July, a lot of customers are going even further and are tapping SambaNovas expertise in training foundation models for specific use cases as well as renting capacity on its machines to do their training runs.

This approach, which we think all of the remaining important AI training hardware vendors will need to take that would be Cerebras, SambaNova, Graphcore, and, if you want to be generous, Intels Habana Labs division (if it doesnt shut it down as part of its looming cost cuts) is not so much a cloud or hosting consumption model as it is the approach IBM took in the 1960s at the dawn of the mainframe era with its System/360s. Back then, you bought a machine and you got white glove service and programming included with the very expensive services because so few people understood how to program applications and create databases underneath them.

Andromeda is, we think, a first step in this direction for Cerebras, whose customers are very large enterprises and HPC centers who already have plenty of AI expertise. But the next and larger round of customers the ones that will constitute a real revenue stream and possibly profits for Cerebras and its AI hardware peers are going to want access not just to flops, but deep expertise so models can be created and trained for very specific workloads as quickly as possible.

Here are the basic feeds and speeds of the Andromeda system:

Each of the CS-2 nodes in the Andromeda cluster has four 64-core AMD Epyc processors in it that do housekeeping tasks for each of the WSE-2 wafers, which have 2.6 trillion transistors implementing 850,000 cores and their associated 40 GB of SRAM. That embedded SRAM memory on the die has 20 PB/sec of aggregate bandwidth, and the fabric implemented between the cores on the wafer has an aggregate bandwidth of 220 Pb/sec. Cerebras calls this mesh fabric linking the cores SwarmX, and a year ago this interconnect was extended over a dozen 100 Gb/sec Ethernet transports to allow the linking of up to 192 CS-2 systems into a single system image. Across those 16 CS-2 machines, the interconnect fabric has 96.8 Tb/sec of aggregate bandwidth.

Just like you can plug FPGAs together with high speed interconnects and run a circuit simulation as a single logical unit because of the high speed SerDes that wrap around the FPGA pool of configurable logic gates, the Cerebras architecture uses the extended SwarmX interconnect to link the AI engines together so they can train very large models across up to 163 million cores. Feldman says that Cerebras has yet to build such a system and that this scale has been validated thus far only in its simulators.

That SwarmX fabric has also been extended out to what is essentially a memory area network, called MemoryX, that stores model parameter weights and broadcast them to one or more CS-2 systems. The SwarmX fabric also reduces gradients from the CS-2 machines as they do their training runs. So the raw data from training sets and the model weights that drive the training are disaggregated. In prior GPU architectures, the training data and model weights have been in GPU memory, but with fast interconnects between CPUs and GPUs and the fatter memory of the CPU, data is being pushed out to the host nodes. Cerebras is just aggregating parameter weights in a special network-attached memory server. The SwarmX fabric has enough bandwidth and low enough latency mainly because it is actually not running the Ethernet protocol, but a very low latency proprietary protocol to quickly stream weights into each CS-2 machine.

By contrast, the 1.69 exaflops Frontier supercomputer at Oak Ridge National Laboratories has 8.73 million CPU cores and GPU streaming multiprocessors (the GPU equivalent to a core), and 8.14 million of those are the GPU SMs that comprise 97.7 percent of the floating point capacity. At the same FP16 precision that is the high end for the Cerebras precision, Frontier would weigh in at 6.76 exaflops across those GPU cores. AMD does not yet have sparse matrix support for its GPUs, but we strongly suspect that will double the performance as is the case with Nvidia Ampere A100 and Hopper H100 GPU accelerators when the Instinct MI300 GPU accelerators which we will start codenaming Provolone as the companion to Genoa CPUs if AMD doesnt give us a nickname soon ship next year.

In any event, as Frontier is with its Instinct MI250X GPUs, you get 6.76 exaflops of aggregate peak FP16 for $600 million, which works out to $88.75 per teraflops for either dense or sparse matrices. (We are not including the electric bill for power and cooling, the cost of storage just the core system.)

Thats a lot of flops compared to the 16-node Andromeda machine, which only drives 120 petaflops at FP16 precision with dense matrices but very much importantly delivers close to 1 exaflops with the kind of sparse matrix data that is common with the foundational large language models that are driving AI today.

Hold on. Why is Cerebras getting an 8X boost for its sparsity support when Nvidia is only getting a 2X boost? We dont know yet, but we just noticed that and are trying to find out.

The WSE-2 compute engine only supports quarter precision FP16 and half precision FP32 math, plus a proprietary format called CB16 floating point format that has 6 bit exponents; regular IEEE FP16 has 5 bit exponents, and the BF16 format from Googles Brain division has 8 bit exponents which makes it easier to convert to FP32 formats. So there is no extra boost coming from further reduced precision down to, say, FP8, FP4, or FP2. As far as we know.

At $30 million, the 16-node Andromeda cluster costs $250 flat per teraflops for dense matrices, but only $31.25 per teraflops with sparse matrices. It only burns 500 kilowatts, compared to the 21.9 megawatts of Frontier, too.

But here is the real cost savings: A whole lot less grief. Because GPUs are relatively small devices at least compared with an entire wafer with 850,000 cores running large machine learning models means chopping up datasets and using a mix of model parallelism (running different layers of the model on different GPUs that have to communicate over the interconnect) and data parallelism (running different portions of the training sets on each device and doing all of the work of the model on each device individually). Because the WSE-2 chip has so many cores and so much memory, the training set can fit in the SRAM and Cerebras only has to do data parallelism and only calculates one set of gradients on that dataset rather than having to average them across tens of thousands of GPUs. This makes it much easier to train an AI model, and because of the SwarmX interconnect, the model can scale nearly linearly with training data and parameter count, and because the weights are propagated using the dedicated MemoryX memory server, getting weights to all of the machines is also not a problem.

Today, we can support 9 trillion parameter models on one CS-2, says Feldman. It takes a long time, but the compiler can work through them and it can place work and we can store it using MemoryX and SwarmX. We dont do model parallelism because our wafer is so big that we dont have to. We extract all of the parallelism by being strictly data parallel, and that is the beauty of this.

To be honest, one of us (Tim) did not fully appreciate the initial architecture choice Cerebras made and the changes announced to it last year, while the one other of us (Nicole) did. Thats why we are each others co-processor. . . .

To be very clear, Cerebras is not doing model parallelism across those 16 CS-2 nodes in any fashion. Youi chop the dataset into the same number of pieces as the nodes you have. The SwarmX and MemoryX work together to accumulate the weights of the model for the 16 nodes, each with their piece of the training data, but the whole model runs entirely on that subset of data within one machine and then the SwarmX network averages the gradients and stores the final weights on the MemoryX device. Like this:

The scaling that the Andromeda machine it was very hard to not say Strain there is seeing is damned near linear across a wide variety of GPT models from OpenAI:

With each increase in scale, the time it takes to train a model is proportionately reduced, and this is important because training times on models with tens of billions of parameters are still on the order of days to months. If you can chip that by a factor of 16X, it might be worth it particularly if you have a business that requires retraining often.

Here is the thing. The sequence lengths a gauge of the resolution of the data keep getting longer and longer to provide more context for the machine learning training. AI inference might have a sequence length of 128 or 256 or 384, but rarely 1,024 but training sequence lengths can be much higher. In the table above, the 1.3 billion GPT-3 and 25 billion GPT-J runs had 10,240 sequence lengths, and the current CS-2 architecture can support close to 50,000 sequence lengths. When Argonne National Laboratory pit a cluster of a dozen CS-2s against the 2,000-GPU Polaris cluster, which is based on Nvidia Ampere A100 GPUs and AMD Epyc 7003 CPUs, Polaris could not even run the 2.5 billion and 25 billion GPT-3 models at the 10,240 sequence level. And on some tests, where a 600 GPU partition of Polaris was pit against the Dozen machines, it took more than a week for the Polaris system to converge when using a large language model to predict the behavior of the coronavirus genome, but the Cerebras clusters AI training converged in less than a day, according to Feldman.

The grief of using Andromeda is also lower in another way: It costs less than using GPUs in the cloud.

Just because Andromeda costs around $30 million to buy doesnt mean that a timeslice of the machine is proportional to its cost, any more than the price that Amazon Web Services pays for a server directly reflects the cost of an EC2 instance sold from the cloud. GPU capacity costs are all over the map on the clouds, on the order of $4 to $6 an hour per GPU on the big clouds, and for an equivalent amount of training for GPT-3 models Feldman says that the Andromeda setup could cost half of that of GPUs and sometimes a lot less, depending on the situation.

At least for now, Cerebras is seeing a lot of action as an AI accelerator for established HPC systems, often machines accelerated by GPUs and doing a mix of simulation and modeling as well as AI training and inference. And Feldman thinks it is absolutely normal that organizations of all kinds and sizes will be using a mix of machinery a workflow of machinery, in fact instead of trying to do everything on one architecture.

It is interesting to me that this sounds like a big idea, says Feldman with a laugh. We build a bunch of different cars to do different jobs. You have a minivan to go to Grandmas house and soccer practice, but it is terrible for carrying 2x4s and 50 pound bags of concrete and a truck isnt. And you want a different machine to have fun, or to haul logs, or whatever. But the idea that we can have one machine and drive its utilization up to near 100 percent is out the window. And what we will have are computational pipelines, a kind of factory view of big compute.

And that also means, by the way, that keeping a collection of machines busy all the time and getting the maximum value out of the investment is probably also out the window. We will be lucky, says Feldman, if this collection of machinery gets anywhere between 30 percent and 40 percent utilization. But this will be the only way to get all kinds of work done in a timely fashion.

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4 tech investment trends to watch out for in 2023 – GrowthBusiness.co.uk

From a pricing and valuation perspective, its been a difficult year for tech stocks. Even blue-chip names such as Microsoft, Apple and NVIDIA have faced material price corrections on the financial markets. At one point in mid-October, Morningstars US Technology Sector index was down more than a third on the beginning of the year. Even after a slight rally, it remained a quarter lower in early November.

However, technology businesses continue to demonstrate good levels of growth as the world becomes increasingly digitised. Additionally, many tech businesses have resilient characteristics meaning that they remain attractive to investors.

>See also: Five venture capital trends for start-ups to follow in 2022

There are good reasons to be optimistic for the future of tech. For a start, there have been several years of strong growth and not just among the giants. Last year was the best-ever for the UK tech industry in terms of investment, with the sector securing 29.4bn in funding. As the Department for Digital, Culture, Media & Sport, summed up: More VC investment, more unicorns, more jobs and more futurecorns.

Perhaps more importantly, as businesses face up to a challenging environment, theyll rely on technology more than ever to secure the efficiencies and opportunities necessary to survive and even thrive in a tougher climate. This should ensure that certain niches of the technology ecosystem will continue to see growth.

>See also: Why its a good time to invest in UK start-ups if youre a dollar investor

Four tech investment trends in particular stand out.

In an inflationary market, many businesses will be looking to drive efficiencies. This will lead to continued and growing demand for AI, machine learning and the automation which comes with it. Reducing reliance on human resources and boosting efficiency will always be popular as labour and other costs rise, but what we are seeing now is applications going well beyond simply streamlining processes.

For example, Mobysoft, an ECI investment, uses predictive analytics to help social housing providers keep their tenants in well-maintained homes, while improving rent collection and reducing arrears.

AI can also help drive new business. CPOMS, a former ECI investment, provides a good example. It used ALTERYX analytics software to create a new business identification model, prioritising prospective customers by analysing the most common features of its existing user base. Such tools will be valuable for businesses looking to source new revenue.

The cloud also offers a significant opportunity for businesses to both cut costs and develop new capabilities. Public cloud hosting allows businesses to rapidly scale up or down their operations without incurring significant capital expenditure, which can prove useful either for investing additional free cash in growth initiatives or in taking defensive action in more scenarios. The old financial adage of cash is king remains as true today as it ever did.

Moreover, the range of cloud services and tooling offered by the hyperscalers is growing. For example, Microsoft has launched an IoT Hub in its Azure platform, which enables companies to construct customised solutions for complex scenarios to facilitate IoT use cases. This is likely to become even more useful as the range of potential applications of IoT expands with the rollout of the 5G spectrum and the increasing prevalence of low-power IoT networks.

Crucially, public cloud platforms offer businesses the ability to keep tighter control of their fixed costs, both in terms of the technology, the internal IT capability and the floor space which historically may have been used to house on-premise infrastructure. This capability point will be particularly valuable at a time when such skills are expensive and in short supply.

Learn to code was once the default advice for employees hit by redundancy or those who found themselves in a declining industry. More recently, it has become a significantly in-demand skill as SaaS and software has become increasingly prevalent. However, while historically it was imperative for a developer to learn one, if not several, distinct coding languages, the increasing development of low-code platforms should increasingly democratise and make it simpler for non-technical individuals to create products and applications without having to learn a language.

This trend will allow a greater range of businesses to produce software and accelerate products to market by simplifying development. It may also help address shortages in the number of developers given the current war for talent in this space.

Finally, cybersecurity is certain to remain a priority for businesses and individuals, regardless of how the economy performs, particularly given the increasing number of malicious individual or state actors. Notably, there have been massive global increases in the use of ransomware to extract capital from afflicted businesses. There are even guides on how to launch ransomware attacks on the dark web, so this is an increasingly important and sadly frequent issue that businesses have to face.

High-profile attacks tend to make headlines. The most recent being a severe attack on Uber in September 2022, which was started by a hacker who manipulated an employee into sharing their password through a remote access portal on their mobile phone. Via this one small error, the hacker was able to gain access to the companys critical infrastructure. However, it is not just high-profile corporates that are at risk. The threat is ubiquitous with attackers targeting businesses of all sizes and on occasion for relatively small sums of money.

In the face of an increasing frequency of cyber-attacks it is imperative that businesses protect their digital assets, IP and customers data. This creates a beneficial backdrop for cyber security businesses to grow and create value for shareholders.

Businesses should continue to invest in these areas to ensure they are best placed for the future. Technologies and tech services providers in these areas are likely to thrive, with strong prospects for growth and valuations.

Daniel Bailey is investment director at ECI Partners

Who are the UKs next unicorns?

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Week in Insights: More Is Merrier at Thanksgiving – Bloomberg Tax

In a few days, my house is going to be loud. I am totally looking forward to it.

It wont start as a roar but more of a gradual turning up of the volume. My daughters will arrive home from college at the beginning of the week. Shortly after, my brother and his family will drive in from Connecticut, while my parents will take a little longer to arrive from North Carolina.

By the time Thanksgiving arrives, Ill be hosting 26 people for dinner. Yes, 26.

Cheers to this great Thanksgiving dinner!

Stock photo via Getty Images

Its not all family. We also welcome international students to our home over the holidays. My law school alma mater (shout out to Temple U!) coordinates a Thanksgiving dinner program every year. Recognizing that its difficult for international students to travel home over the breakand that the dorms will likely be emptythey match as many students with local host families as they have spots available.

For the past several years, weve hosted two or three students. Sometimes, they come back in subsequent years; we made great friends with a family who returned and brought their young son. But this year, were hosting sevenyoure allowed to cap the number of students you can comfortably host, and we didnt submit a limit.

When I saw the list, I was a little overwhelmed. But then I realized that I couldnt say no. We have the space. We have the resources to provide dinner. We have a great family who loves to meet new people. And I thought about my girls in college and what it would be like if they were alone during the holidays. So, I called our local party rental company, ordered an additional table and some chairs, and started reworking my menu. I dont regret it for a minute.

Over the years, some of our best conversations have been across those dinner tables. I love hearing about what its like to grow up in other cultures and what other countries may think about the US and its various government systemsof course, I ask about tax whenever I can. I never walk away without learning something new.

I think we always learn the most from each other, whether that happens over a dinner table, in an office, or on the internet. I hope youll do that in your own life, too, whether its taking the time to talk with a colleague, pen an article for us, connecting on social mediaor even inviting students into your home. (Check to see if theres a program in your area.)

At Bloomberg Tax, we aim to make it easy for you to share and receive information. Our experts offer great commentary and insightful analysis on federal, state, and international tax issues to keep you in the knowand thats definitely something to be thankful for!

The Exchange Its where great ideas intersect.

Kelly Phillips Erb

True or false: If your employer gives you a Thanksgiving turkey or gift card to buy a turkey, its excludable from taxable income.Answer at the bottom.

How much should your firm or practice get involved in political issues, if at all? Should your business contribute to an elected official, political candidate, or a political cause or take a political candidate or official as a client? If you do, what questions could you face from your stakeholders?

Find the answers to that question and more by joining Bloomberg Tax and Bloomberg Law Insights & Commentary teams on Wednesday, Nov. 30, from noon to 1 p.m. ET for Should Your Company Take a Stand on Political and Social Issues? part of our free virtual Lunch & Learn series. Two attorneys from Skadden, Arps, Slate, Meagher & Flom LLP will lead a discussion about political and social issues in the workplace,

You can join us for this event, no registration required, by signing on here at noon ET on Nov. 30 or by calling +1-929-205-6099 US and entering the meeting ID: 975 6437 0979.

Sgt. Brian Ellis of Mt. Airy, Md. (L) shares a laugh with Sgt. Cesar Romero of Brentwood, N.Y. during a Thanksgiving lunch, Nov. 27, 2003, at field base St. Mere near Fallujah, Iraq.

When the pricing and financial performance of a sports franchise are misaligned, external financing may not be advantageous or practical. But understanding the tax impact of the terms of a deal is simply adhering to the strategy that the best offense is a good defense, say RSM US LLPs Amanda Hodgson, Jamie Sanders, and Justin Krieger.

President Joe Biden has nominated Daniel Werfel as its next commissioner. With the right leadership and oversight, the agency can deliver the 21st century service that all taxpayers have the right to expect while taking a big bite out of the $600 billion-plus annual tax gap, say former IRS commissioners Fred Goldberg and Charles O. Rossotti.

Cloud-based software-as-a-service business models are enabling rapid growth, and the accounting industry needs to adapt. Stouts Steve Sahara, Jeremy Krasner, Brad Burch, Kevin Pierce, and Joe Randolph share some important aspects of SaaS revenue recognition.

The IRS has been using John Doe summonses in its digital asset enforcement since 2016, when it first attempted to identify crypto exchange customers. Taxpayers usually lost in court objecting to the summonses, but Ropes & Gray attorneys discuss a novel strategy in a federal appeals court.

The IRS new compliance program gives any retirement plan sponsor targeted for examination a 90-day review period to determine if they satisfy all tax law requirements. Best Best & Krieger LLPs Susan Neethling and Helen Byrens detail the pilot program and share some next steps for plan sponsors.

Incentive stock options provide executives with various tax benefits, but how do you know when to exercise and sell the underlying ISO stock? Alyssa Rausch of EisnerAmper summarizes the basic tax rules and common tax strategies.

Foreign-incorporated cruise lines based in US ports have often been exempted from US income tax due to Section 883. In a two-part article, Gunster, Yoakley & Stewart, P.A.'s Alan S. Lederman discusses whether US corporate alternative minimum tax could apply to these cruise lines or whether the proposed OECD Pillar Two minimum tax will impose a minimum tax regime on such cruise lines.

Christos Theophilou of Taxand explains that multinational enterprises need to have adequate preparation in place to satisfy the scrutiny of intra-group services by tax authorities, and he provides a practical example and case study to illustrate the issues.

As discussion of how to tackle the global challenge of climate change continues at COP27, Chris Morgan of KPMG considers current national approaches, including tax measures, and suggests more flexibility for countries to decide what approach is most suited to their individual needs.

Rob Janering of Crowe looks at the value-added tax compliance considerations for UK organizations supplying digital events and discusses the impact of the upcoming changes in the EUs position on supplies of live online services.

A profit-per-employee tax could go a long way to support the American workforce and to ensure that Big Tech factors the human cost of business into their plans as much as profits, says writer Hassan Tyler.

At The Exchange, we welcome responses from our readers and encourage diversity and civil discussion. We are especially interested in responses that add to the conversation, or introduce a different point of view. If you have a response to one of our published Insights, wed love to hear from you.

Nonfungible tokens hold intrinsic value due to their digital properties and traits. In this edition of A Closer Look, Stouts Fotis Konstantinidis looks at the challenges of valuing NFTs, as well as the methods and data used for valuation.

Journalists make a Thanksgiving toast at the UN Club Nov. 22, 2001, in Islamabad, Pakistan.

Photographer: Paula Bronstein via Getty Images

Whats on Bloomberg Tax Insights wish list right now? For December, were hoping to end the year on a high note with a wrap-up of the year and a peek ahead. Were interested in: What did you think was newsworthy in tax in 2022? What should we look out for in 2023? What should tax professionals do now to prepare for next tax season? Were looking for a thoughtful take that will get tax professionals talking about next year...even before the calendar flips over.

Our Insights articlesabout 1,000 wordsare written by tax professionals offering expert analysis on current tax practice and policy issues, tax trends and topics, and tax and accounting firm practice and management. If you have an interesting, never-published article for publication, wed love to hear about it. You can contact our Insights team at TaxInsights@bloombergindustry.com.

Private equity firm Cinvens recent $720 million acquisition of tax preparation service TaxAct is the latest example of the changing landscape around mergers and acquisitions. But filing your taxes should be free and not involved with entities motivated by profitfull stop, says columnist Andrew Leahey.

Despite numerous controversies, the 2022 World Cup in Qatar is expected to generate billions of dollars. I take a look at where the money comes from, where it goes, and how it might be taxed.

As boiler room schemes gather steam across the globe, its important to remain alert. In my column, I explain some tips to consider during International Fraud Awareness Week.

Its been a busy week in tax news from state capitals to Washington. Here are some stories you might have missed from our Bloomberg Tax news team.*Note: Your Bloomberg Tax login will be required to access Tax News.

Carlos Martinez has joined White & Case as a partner in the tax practice in Mexico City, the firm said.

Martn Guzmn has been appointed to the role of commissioner by the Independent Commission for the Reform of International Corporate Taxation, according to a news release.

RKL LLP has added Thomas Romano and Jennifer Witmer as managers in the tax services group in Pennsylvania, the advisory firm said.

Leila Vaughan has rejoined Faegre Drinker as a partner in the investment management practice group in Philadelphia, the firm said.

If you are changing jobs or being promoted, let us know. You can email your submission to TaxMoves@bloombergindustry.com for consideration.

Our Spotlight series highlights the careers and lives of tax professionals across the globe. This weeks Spotlight is on Caroline Cao, a partner at Lewis Brisbois Bisgaard & Smith, LLP in Sacramento, Calif.

A Chicago Police officer carries a tray of pre-Thanksgiving meals to waiting guests Nov. 21, 2002 at the Columbus Park Refectory in Chicago.

Photographer: Tim Boyle via Getty Images

False. If your employer gives you a turkey, ham, or other item of nominal value at Thanksgiving, Christmas or other holidays, that is excludable from income. However, if your employer gives you cash, gift card, or a similar item that you can easily exchange for casheven if you promise to buy a turkeythats taxable regardless of the amount.

We talk about tax a lot. But theres a lot more that you might hear us talking about if you popped into one of our Teams meetings. Heres a quick look at what some of us are watching, reading, and listening to this week:

Watching:

Reading:

Listening:

Sign up for your free copy of our newsletter delivered to your inbox each week. Just head over to The Exchange and sign up using the green Free Newsletter Signup box at the topor just go directly to the newsletter sign-up page.

Your feedback and suggestions are important to us, so dont hesitate to reach out on social or email me directly at kerb@bloombergindustry.com.

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Co-location

Co-Location Plays A Big Role In Hybrid Cloud, Too – The Next Platform

In the ongoing discussions about the still-evolving world of hybrid cloud, the focus tends to be on what enterprises are doing within their own on-premises datacenters and private clouds and their work with public cloud players like Amazon Web Services, Microsoft Azure, and Google Cloud.

Lost at times among this hybrid cloud talk is the growing complementary role of co-location facilities, those sites that can provide organizations with a cloud-like experience that can be less costly than a public cloud and offer strong security, high performance, and low latency. In addition, their varied locations can address local regulatory needs as well as enterprise demands as they move more of their compute and storage out to the edge to be nearer to where the data is being created.

VMware and co-location giant Equinix see an opportunity to address those needs. The two companies have been partnering since 2013 making VMware technology available in Equinix datacenters around the world. The companies have more than 3,000 joint customers, with many who are looking for ways to bring the performance and access they have in their distributed multicloud world but in an as-a-service manner, according to Zachary Smith, global head of edge infrastructure services at Equinix.

To this end, the two companies at the VMware Explore 2022 Europe show in Barcelona on Tuesday unveiled VMware Cloud on Equinix Metal, combining VMwares expansive cloud offerings and Equinix bare metal-as-a-service, one of several cloud-related announcements VMware is making at the event.

The goal here is to bring cloud-style experiences to the metro-location reach of Equinix, Smith said in a briefing with journalists and analysts. We are hearing from enterprises that they want to have access to those locations across the world with that latency-sensitive, high-performance workload but with the ease and consumptive model of VMware Cloud. Were helping to move that workload to the edge, where thousands of enterprises and service providers are connecting. This is where people can really access that mission-critical data-heavy workload in our metro locations and interconnected across to their cloud workloads, to their on-prem, and to the rest of their ecosystem partners, and to do so with an operating model that theyre very comfortable with.

The offering will preserve the single-tenant and location-specific assurance organizations are used to in their own datacenters but in a fully managed environment, he said.

Equinix, with its more than 240 highly interconnected datacenters (via the companys Platform Equinix) in 71 markets around the world, is a top player along with the likes of Digital Realty and DigitalBridge, in a global co-location market that could grow from more than $46 billion two years ago to almost $203 billion by 2030.

Its growth strategy has been fueled in part by an aggressive acquisition strategy that includes its $3.8 billion acquisition of Telecity and $3.6 billion for 24 Verizon datacenters, both in 2016. Four years later, the company bought bare-metal automation specialist Packet for $335 million, giving Equinix a path to the edge through Packets capabilities to automate single-tenant hardware.

The Packet technology and the investment Equinix has put into it over the past two-plus years was key to what Equinix and VMware are offering now, Smith said.

A DNA that Packet brought was a high amount of automation around physical infrastructure, which really unlocked this ability for us to create experience, he said. VMware Cloud has done such a great job at creating a first-class, trusted, works-everywhere experience that requires a significant amount of infrastructure substrate, at least from the way we wanted to craft this experience. That DNA and programmability around a physical datacenter has allowed us to take this step.

Expanding the partnership with Equinix made sense for VMware, a company with deep roots in the datacenter but which has aggressively been pushing out to the cloud and, more recently, the edge, with the goal of being the essential technology vendor in an increasingly distributed IT world.

In the on-prem world, customers enjoy a lot more security and data sovereignty, Narayan Bharadwaj, vice president of cloud solutions at VMware, said during the briefing. They have a lot of control and they continue to run a lot of data-intensive, latency-sensitive applications in that particular world. They also enjoy the flexibility, agility and some of the innovation that the public cloud offers. The ask from customers and many of our partners is, How do we bring this all together? How do we create that on-demand model that the public cloud really pioneered, but then build that in with the performance, data-latency sensitive and the enterprise assurance that all our customers look for?

VMware for several years has been building its cloud capabilities through such foundational offerings as vSphere, vSAN storage, NSX networking, the Aria cloud management portfolio, and its two-year-old Project Monterrey, a suite for managing virtual machines and containers in a hybrid cloud environment. It also has developed relationships with the hyperscale cloud providers, particularly AWS but also Azure and Google. The partnership with AWS has been a cornerstone of VMwares cloud ambitions and the Equinix bare metal-as-a-service deal expands what VMware can do, Bharadwaj said.

There are many use cases that customers think through for different types of applications that demands different locations and different providers and hardware types, he said. From a solution standpoint, VMware is presenting a very consistent solution that customers do enjoy today on VMware Cloud on AWS. It has its own differentiators in that model, in its choice of hardware, different locations, etc. With the Equinix relationship, it has other types of differentiation that are very, very unique. We have seen customers because its the VMware technology that allows for that going to the public cloud, coming back on-prem for some workloads [and to] co-location as well. As long as its on the VMware stack with the hardware compatibility, all of the hard engineering that we have done under the covers, we see customers adopting all kinds of distributed strategies. Its really application-driven.

The companies said the use cases for the joint VMware-Equinix service range from smart cities and video analytics to financial market trading, point-of-sale in retail, and workloads using artificial intelligence in the datacenter and at the edge. It also will help enterprises trying to find an as-a-service home for mission-critical workloads, Smith said.

They need really high-performing infrastructure connected to private networks as well as public clouds so that they can move these mission-critical data-heavy workloads into a cloud-first operating model, he said. They have network requirements. Almost everything that we see is around, How do we make better performance? How do we not backhaul as much traffic? How do we get the right data for our machine learning algorithms or for our high-intensity data apps? Bringing that compute capability and control plane of VMware Cloud to the edge allows customers to benefit from a much greater TCO and higher performance throughout their application stack.

The offering will see the VMware Cloud stack delivered as a service throughout Equinixs Business Exchange (IBX) datacenter platform and providing low-latency access to public and private clouds and IT and network providers through the private Equinix Fabric interconnection.

Enterprises will pay VMware for its cloud software-as-a-service and Equinix for the bare metal-as-a-service capacity.

All this comes amid the ongoing bid by Broadcom to buy VMware for about $61 billion, a move that VMware shareholders late last week approved, pushing the deal forward.

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Scott Gould, VP of Business Operations at Element Critical – Spiceworks News and Insights

Hybrid or remote work may have been born out of necessity, but the work model has made an indelible imprint and becomes part of the corporate culture. Scott Gould, VP of business operations at Element Critical, shares how enterprises can tackle the challenges and reap the benefits of a hybrid workforce.

According to Pew Research Center, 59% of employees work from home all or most of the time. As employees continue to assert their choice to work from home, remote work is yet another force that is concurrently pushing organizations to increase digital business transformation efforts.

Ladders CEO, Marc Cenedella, has suggested that this massive shift from office to remote work is Americas most significant societal change since the end of World War II. Whether businesses embrace the shift by going fully remote or balancing a hybrid model, the emerging extended enterprise offers an array of possibilities for employers and employees alike.

Businesses must overcome some challenges to leverage these benefits. Challenges can range from how to deliver both real-time and enriching interactions for geographically distributed employees to fostering IT security amid changing circumstances. Here are a few examples of obstacles businesses must address and the benefits they hope to achieve.

See More: Why Colocation Is the Best Bet for Reliable and Cost-Effective Data Storage

Just as remote work is expanding the workplace landscape, the IT infrastructure supporting businesses and employees has undergone concurrent transformational shifts. The former centralized computing strategy where businesses hosted their IT stack in a single location has also gone hybrid.

Since the dawn of digital business, organizations have needed a place to store data, applications, and computing. This IT infrastructure, referred to as a data center, can be housed onsite at the headquarters, in branch offices, hosted in a colocation data center, or in the cloud. In the past, many businesses were supported by a single IT compute/storage environment. Businesses now have IT resources spread across a variety of data center environments. Even companies implementing a cloud-only strategy at the onset of the pandemic are repatriating data or evolving into a hybrid cloud strategy.

Hybrid cloud strategies are defined by the simultaneous utilization of public clouds and colocation or on-premises data centers. Often, hybrid cloud strategies are pursued because they allow organizations to utilize the public clouds scalability while keeping highly sensitive data secure on a private network.

Alternatively, multi-cloud strategies are when an organization utilizes a combination of cloud providers which can be two or more public clouds, two or more private clouds (colocation or on-premises), or a combination of public, private, and edge clouds to distribute applications and services. This allows businesses to utilize the cloud services they need while leveraging the stability and durability of colocation to support foundational IT architectures.

IT leaders realize a cloud-only strategy is expensive and insufficient to meet all the needs of todays businesses. The rising tide of companies pulling workloads out of the cloud is motivated to do so for various reasons, including uptime concerns that affect brand protection, unsanctioned use of the public cloud, information security concerns, application lifecycle considerations, governance requirements, and data sovereignty.

Under a hybrid cloud solution, colocation data centers in key locations can offer the best environment to ensure high-quality connectivity between onsite/edge infrastructure and private and public clouds while addressing some of the top cloud computing challenges.

Highly connected colocation providers, with private network solutions and direct cloud connections, enable businesses to take advantage of what the cloud offers, such as speed and flexibility, while at the same time enjoying the benefits of greater uptime, resilience, control, and the additional security of the colocation data centers.

The new modern workplace requires bandwidth, security, and flexibility wherever employees and infrastructure reside. The bottom line is that building a workplace that meets employees connectivity and productivity requirements for real-time or asynchronous engagement ultimately means investing in digital technologies.

For some companies achieving these results may mean infusing native data center software & applications, including SaaS options, into their modern IT solution. Such adjustments will improve how employees work remotely, work internally, and deliver external services to the customer. Companies can also invest in tools to reduce security risks, such as adding two-factor authentication and encryption to devices, so confidential information is only available via virtual private networks and encrypted end-to-end systems.

For most companies, the bottom line is that having employees work outside the office goes beyond freeing up office space. This is just the first step toward the evolution of their IT strategy.

A remote business workforce built upon a Hybrid IT environment allows businesses to hire highly-skilled, technical leaders able to throttle their business solutions into high gear without being geographically limited to local-only staffing.

The pandemic certainly showed CIOs and IT leaders that modern business continuity requires IT departments and infrastructure built for adaptability. Emerging technology and connectivity tools can transform commerce and our lifestyles, even changing the paradigms of how and where we work. Yet they also need to be built upon increasingly connected data center architectures.

How are you ensuring that your IT infrastructure is adaptable and can support the demands of hybrid work? Share with us on Facebook, Twitter, and LinkedIn.

Image Source: Shutterstock

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Scott Gould, VP of Business Operations at Element Critical - Spiceworks News and Insights

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Square Roots teams up with UNFI to expand access to locally-grown leafy greens: ‘We have the shortest supply chain possible’ – FoodNavigator-USA.com

Scheduled to open in 2023, the new 20,000-square-foot Square Roots farm will be able to produce up to three million retail packages of salad mixes, microgreens, and herbs per year, serving retailers and consumers in the Twin Cities metro areas in Wisconsin and Minnesota.

The new farm will look similar to Square Roots other indoor farming locations throughout the Midwest, using the company's same ultra-efficient hydroponic system, which uses significantly less water and land than conventional field farms. Inside its farms, Square Roots farmers use the companys proprietary software to manage every aspect of growing, from planning production tasks to monitoring plant health.

"In essence, we'll have grow zones where the plants are growing. Inside there you have controlled climates that are optimized for the plant growth and there'll be additional infrastructure on site that provides all the additional space that you need to run a food-safe and people-safe commercial scale operation (i.e. packing rooms. cold storage, bio-security)," Square Roots CEO Tobias Peggs told FoodNavigator-USA.

"The whole thing soup-to-nuts will be monitored and operated in part with the Square Roots operating systems software that we built. The whole idea really is through a combination of that hardware and software and then workflows through which you train the farmers is that we're able to get almost manufacturing-like levels of predictability and consistency out of this farm."

The agreement with UNFI includes plans for additional farms located on-site at other select UNFI distribution centers.

With the intent of reducing the number of 'food miles' fresh produce travels to reach the end consumer, indoor farms such as Square Roots have the potential to transform the current fresh food supply chain, noted Dorn Wenninger, senior vice president of produce at UNFI.

"Every day from the time you harvest until the consumer gets it in their home you're stealing days of freshness. Our goal at UNFI is how do we give those days of freshness back to the consumer," Wenninger told FoodNavigator-USA.

Square Roots produce harvested at the UNFI distribution center will reach stores within hours from the time that it's harvested creating a shorter, stronger supply chain.

"The last 24 months have taught us that we've seen empty shelves across the grocery store and we continue to today in certain categories. The shorter one's supply chain is the better surety of supply that you have. So you couldn't get any shorter [with the Square Roots and UNFI co-located]."

However, Wenninger noted the importance of strategically locating indoor farms, such as Square Roots, to have a maximum market impact.

"It's a fine line between what is the critical mass to allow the investment vs. the demand. While it's intellectually interesting to think about growing food at your local retail store, the reality is that local retail store is just one store," said Wenninger.

Whereas, Square Roots' co-location in Prescott, Wisc., where UNFI has two large distribution centers, will service hundreds of retail stores within a few-hours drive.

"You're achieving both of the best worlds where you have close proximity but you're also able to leverage the scale in producing 52 weeks, 365 days of the year while having access to a market where you can have efficient economies of scale yet still have the freshness aspect," added Wenninger.

Wenninger also noted the larger looming environmental picture which has impacted the supply of fresh produce.

"Right now, the United States is facing shortages on certain lettuces because of weather conditions and the costs are record high. One thing about CEA is that the farms produce the same amount every day. We're not concerned about the weather, we're not concerned about trucks because we have the shortest supply chain possible," said Wenninger.

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Square Roots teams up with UNFI to expand access to locally-grown leafy greens: 'We have the shortest supply chain possible' - FoodNavigator-USA.com

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Ann Arbor brewery hopes new location will bring creative flair to area – MLive.com

WASHTENAW COUNTY, MI -- An Ann Arbor brewing company is set to pass another hurdle this week as it continues to pursue opening a new campus.

Mothfire Brewing Co., currently at 2290 S. Industrial Highway, has plans to move to a new location at 713 W. Ellsworth Road in Pittsfield Township.

The Pittsfield Township Board of Trustees is scheduled to hear a resolution recommending the approval of a permit for the companys on-site tasting room on Wednesday, Nov. 9. Local approval is required for the state-level permit for an on-premises tasting room. The preliminary site plan was approved in June 2022.

Owner Noah Kaplan said he hopes the new location will bring a creative flair to the area, with hopes of making it a makers corridor. He also owns the neighboring Leon Speakers.

We have a big vision for the campus, Kaplan said.

The 6,000-square-foot location will have a patio and tasting room, as well a customer-facing really beautiful brewing system, Kaplan said.

The brewery is currently slated to open in March 2023.

But we are ready to be pouring, Kaplan said.

Formerly known as Pileated Brewing Co., Mothfire debuted in its current space in 2020 in what Kaplan called a thousand-day experiment. The Mothfire owners bought the business and brewhouse from Pileated Brewing Co. in 2019.

We created over 40 brands of beers there. We literally brewed hundreds of times, Kaplan said. We really worked out that location to be a test kitchen and kind of a trial so that we can really hone in on the quality of beer, figure out what people loved around here.

The new location will serve both beers and non-alcoholic cocktails in a space featuring 16 taplines, a dramatic faade and a central fireplace, Kaplan said. Rather than continuing the moodier feel of its current tasting room, the new Mothfire location will be bright and high contrast.

The Ellsworth Road location, which has parking for 80 people, will also be able to serve more people and be a step forward for the company, Kaplan said.

The vision we always have is about evolution from a moth standpoint. We definitely think about the stages of the moth of where we are, he said. That stage is kind of a cocoon, and were about to get a flight and take wings.

Mothfire Brewing Co. plans to open its new location at 713 W. Ellsworth Road in March 2023. Although hours are not yet finalized, the brewery currently plans to be open from 5 to 10 p.m. Tuesday through Thursday, 4 to 11 p.m. on Friday, noon to 10 p.m. on Saturday and noon to 6 p.m. on Sunday.

Find the brewing company online, on social media or by phone at 734-369-6290.

Read more from The Ann Arbor News:

New Ann Arbor-area brewery clears first step toward opening

Election results for the Nov. 8 general election in Ann Arbor, Washtenaw County

Ann Arbor voters approve climate-action tax proposal with 71% support

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