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The IRS isn’t waiting around for virtual currency to gain wider acceptance.  No, it’s more than happy to go after Bitcoin users who have sought to use the virtual currency as a means of evading taxes – NYTimes and Law360

Trial over the DOJ’s opposition to Anthem’s $48 billion acquisition of Cigna kicks off in federal court in D.C. today. Here’s a look at what’s at stake and what to keep an eye on – WSJ

Hitting pause after 2 weeks of Wall Street craziness and trying to take its temp – NYTimes

As Saudi Arabia looks to diversify in expectation of a less-oil-rich future, its Aramco arm is hoping to follow Exxon Mobil’s lead and turn itself into a “modern integrated energy company” – WSJ

The OCC’s tightening its regulatory grip on Wells Fargo, announcing Friday that it was revoking the bank’s right to shield the pay of former executives in the wake of its fake-accounts scandal – NYTimes and WSJ and Law360

How about this nod to Best Buy as the rare retailer who has found a way to fight the Amazon.com effect – WSJ

The 2d Circuit appears awfully hesitant to let Nomura and RBS undo the $806 million judgement against the two banks over their role in misleading Fannie & Freddie about the quality of the loans underlying 7 Nomura RMBS offerings – Law360

Microsoft’s putting some cash behind quantum computing—once thought to be only the stuff of science fiction. Though useful application may be years away, the move from binary to qubits holds almost incalculable promise – NYTimes

A reminder of how far we’ve come in tech.  Courtesy of Oprah [obviously] – HuffPo

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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