Search Results for: Apple Pay
Ethereum, explained: why Bitcoin’s stranger cousin is now worth $1 billion
May 25th, 2016
Bitcoin has struggled to live up to the hype that surrounded its emergence into the mainstream three years ago. Despite more than a billion dollars of venture capital funding, Bitcoin startups have failed to develop applications that appeal to mainstream customers. ...
Google’s French headquarters raided in tax probe
May 25th, 2016
French police have raided Google’s Paris offices as part of an investigation into “aggravated tax fraud” and money laundering. The raid is the latest regulatory headache for the US search engine and email company, which like other Silicon Valley ...
The Endgame
May 18th, 2016
And how we got here There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners alike have become confused by policy failures, and privately, occasionally ...
Even gold is not as secure as un-hackable Bitcoin currency – Bitcoin Foundation CEO
May 17th, 2016
The Bitcoin system is said to be reaching its capacity limits – spelling a possible disaster for thousands of those who decided to invest in the world’s top cryptocurrency. One of the leading programists from the company quits it, ...
Asian Stocks Slip Before Fed, BOJ as Yen Rises; Ringgit Slides
April 26th, 2016
Copper drops as oil resumes gains; U.S. Treasuries advance Malaysia’s currency slumps as state fund misses bond payment Asian equities fell for a third day and copper dropped to a one-week low as investors shunned riskier assets ahead of ...
How corporate tax avoidance is hurting America and the rest of the world
April 15th, 2016
Tax-haven abuse by multinationals is exacerbating the global wealth gap and putting an excessive burden on developing countries, according to a damning new report from the nonprofit Oxfam. Coming just a week after the release of what have come ...
Why Latin American economies are turning to bitcoin
March 17th, 2016
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the ...
Amazon’s Italy Chief Says Company Under Probe for Tax Evasion
March 16th, 2016
Amazon.com Inc. is under investigation in Italy for alleged tax evasion, Francois Nuyts, Amazon’s chief for Italy and Spain, said in an interview Tuesday. The Seattle-based online retailer is cooperating with the probe, Nuyts said. “Amazon pays all applicable ...
Ex-JPMorgan Broker Gets Five Years for Gambling Funds Away
March 9th, 2016
Oppenheim once had 500 clients, managed almost $90 million Broker racked up losses betting on NFL games, online sports A former JPMorgan Chase & Co. broker who said he stole millions of dollars from customers because his brain was ...
Plus500 reports Preliminary Unaudited Results for 2015
February 17th, 2016
Preliminary Unaudited Results for the year ended 31 December 2015 Plus500, a leading international online trading platform provider for retail customers to trade CFDs, announces its preliminary unaudited results for the year ended 31 December 2015. Financial Highlights: Strong revenue growth due to ...