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EU proposals will force multinationals to disclose tax arrangements
February 8th, 2016
Large US firms such as Google and Amazon will be required to disclose tax bills in Europe under draft legislation from European commission US multinationals such as Google, Facebook and Amazon will be forced to publicly disclose their earnings and tax ...
Google parent Alphabet passes Apple market cap at the open
February 3rd, 2016
Shares of Alphabet opened nearly 3 percent higher Tuesday, pushing the technology giant’s market capitalization past Apple to become the world’s most valuable public company. Alphabet has a market cap of $547.1 billion, higher than Apple’s $529.3 billion as ...
Ukraine’s anti-monopoly committee fines Gazprom $3.4bn
January 25th, 2016
The anti-monopoly committee of Ukraine has fined Russia’s Gazprom $3.4 billion for alleged abuse of its dominant position on the Ukrainian gas transit market, the committee’s head Yuriy Terentyev said Friday. “A decision was just made regarding Gazprom’s abuse ...
Twitter to Revamp Leadership Under CEO Jack Dorsey
January 25th, 2016
Alex Roetter, head of engineering, and Kevin Weil, product chief, are among the four executives who are leaving Twitter Inc. Chief Executive Jack Dorsey is revamping his top ranks as he tries to find ways to revive the social media company and earn ...
Google tax deal labelled ‘derisory’, as criticism grows
January 25th, 2016
An agreement for US firm Google to pay £130m in UK back taxes has been labelled as “derisory” and a “sweetheart deal” by critics. The payment covers money owed since 2005 and follows a six-year inquiry by Her Majesty’s ...
Legal fight over the shape of the iPhone
January 21st, 2016
Tech Giants Back Samsung at Supreme Court in Apple Patent Fight A legal fight over the shape of the iPhone could have big repercussions, a tech industry trade group warns. A trade group for Google, Microsoft, and other big ...
Davos 2016: eight key themes for the World Economic Forum
January 19th, 2016
Political and business leaders gather at Swiss ski resort to discuss issues including robots, terrorism, migration and inequality The world’s political and business leaders, plus the usual smattering of celebrities – including Leonardo DiCaprio – are heading to Davos, ...
WhatsApp to Drop Subscription Fee
January 19th, 2016
WhatsApp will scrap its subscription fee and explore ways that businesses can interact with the mobile messaging service’s users to make up for the lost revenue, its co-founder said Monday. The app previously had charged an annual renewal fee ...
European Union to Scrutinize Usage of Big Data by Large Internet Companies
January 18th, 2016
Competition Commissioner Margrethe Vestager’s comments highlight increased focus regulators giving to the use of so-called big data The European Union is considering whether the way large Internet companies, such as Alphabet Inc.’s Google or Facebook Inc., collect vast quantities of data is ...
Twitter sued by U.S. widow for giving voice to Islamic State
January 15th, 2016
Twitter Inc (TWTR.N) is being sued by the widow of an American killed in Jordan who accuses the social media company of giving a voice to Islamic State, adding to the pressure to crack down on online propaganda linked ...
