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Trial Set to Open in Legal Battle Between H-P and Oracle

May 31st, 2016 (0)
Jurors are set to convene on Tuesday to hear opening arguments in a five-year legal battle that centers on Oracle Corp.’s alleged role in the decline of one of the former Hewlett-Packard Co.’s most lucrative products. The lawsuit seeks $3 billion ...

Europe vs. Facebook: Austrian activist wins another legal battle over data protection

May 27th, 2016 (0)
An Austrian privacy activist has won his next legal battle against so-called “model contract clauses,” used by thousands of multinational companies, including Facebook and Amazon, to legally transfer Europeans’ personal data to the US. Max Schrems, the 28-year-old data ...

Fraudsters of a Gold investment scam have been sentenced to prison

May 26th, 2016 (0)
Four American fraudsters who conned hundreds of British citizens out of millions of pounds through a bogus gold mining investment scheme have today been sentenced to prison in Tampa, Florida. Adriana Camargo, 37, Naadir Cassim, 40, Jon Nelson, 69, ...

Commodities Brokers Marex Spectron reports $22.7M Operating Profit for 2015

May 25th, 2016 (0)
Marex Spectron Group Ltd (‘Marex Spectron’), the global commodities broker, has posted a record Operating Profit of $23 million for the year ended 31 December 2015, up from $15 million in 2014. EBITDA increased to $31 million from $25 ...

FCA Research into the issue of de-risking

May 25th, 2016 (0)
The Financial Conduct Authority has issued a press release to make publish a research regarding the issue of de-risking. Below is the announcement as published from FCA: The FCA, along with fellow agencies and authorities, has a long-standing programme ...

Pizza Hut partners MasterCard to trial robot cashiers

May 25th, 2016 (0)
Spotty teenagers could soon be losing their jobs to robots thanks to a tie up between MasterCard, Pizza Hut and Softbank that will see humanoids take orders and mobile-based payments at some Asian fast food joints. Softbank’s 48 inch ...

Run and pay? Fitbit acquires wearable payments assets from Coin

May 23rd, 2016 (0)
Fitbit announced it has acquired the wearable payment assets of Coin, a Silicon Valley consumer electronics and financial technology company. The deal includes key personnel and intellectual property specific to Coin’s wearables payment platform, according to a press release. While ...

EU Lays Down the Law on Tax Deals as Apple Probe Continues

May 20th, 2016 (0)
EU regulator clarifies rules for profit-shifting arrangements Transactions between units should be at market prices The European Union, locked in a tax battle with the likes of Apple Inc. and McDonald’s Corp., laid down the law in its bid ...

High Court rejects Big Tobacco’s appeal against plain packaging

May 20th, 2016 (0)
Four of the world’s largest tobacco companies have lost a high-profile legal challenge against the UK government’s new rules on plain packaging for cigarettes. British American Tobacco, Imperial Tobacco, Philip Morris International and Japan Tobacco International launched a High ...

Bitcoin Got 99 Problems, But What Are The Solutions?

May 19th, 2016 (0)
As the volume of transactions on the Bitcoin blockchain keeps increasing, transaction delays have become more apparent. The problem relates to how transactions are processed on the blockchain. Are there any solutions offered by the Bitcoin community yet? Bitcoin ...
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