Search Results for: Internal Revenue Service
Twitter’s Sales Exceed Analysts’ Estimates; Shares Climb
July 29th, 2015
Twitter Inc. reported second-quarter sales that topped analysts’ projections, a bright spot for the growth-challenged company as it seeks a new chief executive officer. Shares jumped as much as 12 percent. In the second quarter, revenue rose 61 percent ...
Deloitte Trials Blockchain Tech for Client Auditing
July 16th, 2015
Professional services firm Deloitte has revealed it is trialling blockchain technology to automate client auditing and crowdsource its consulting efforts, among other applications. With the announcement, Deloitte – one of the world’s ‘Big Four’ audit firms – becomes the ...
Volante Technologies launches VolPay Channel
July 14th, 2015
Volante Technologies Inc, announced the launch of their latest payments processing product – VolPay Channel. Adding to the VolPay suite of payments software solutions and designed specifically to ease the complexity and time taken for Host to Host on-boarding ...
Big Law Firms Spending More on Technology, Experts Say
June 29th, 2015
U.S. law firms are devoting more of their budgets to technology, investing in practice and financial management systems, network upgrades and other areas, although the activity has been measured, according to legal experts. About half of the 281 law ...
Bitcoin verification co Spondoolies raises $1.5m
May 19th, 2015
BTCS’s investment in Spondoolies-Tech follows last month’s announcement that it will merge with the Israeli company. Israeli start-up Spondoolies-Tech Ltd. has raised $1.5 million from Bitcoin Shop Inc. (BTCS) a block-chain technology company engaged in bitcoin verification services. Based in Kiryat ...
BOI: The Monetary Committee keeps the interest rate for April 2015 unchanged at 0.1 percent
March 24th, 2015
Inflation data The Consumer Price Index for February declined by 0.7 percent, while forecasters had projected a decline of 0.6 percent, on average. The decline in electricity prices, which came into effect in February, contributed 0.3 percentage points toward ...
Greece warns of referendum ahead of debt deal meeting
March 9th, 2015
Greek Finance Minister Yanis Varoufakis upped the stakes sharply ahead of Monday’s crucial Eurogroup meeting in Brussels by raising the prospect of Greece holding new elections or even a referendum on any debt deal. If eurozone ministers fail to ...
HSBC files reveal how UK’s non-dom tax concession is being exploited
February 12th, 2015
The leaked HSBC Swiss files reveal how widely Britain’s unique “non-dom” tax concession is being exploited. The government says the controversial tax status is supposed to be to the nation’s benefit, by encouraging wealthy foreign investors to spend time in Britain. ...
Dangers involved in Money Laundering
February 9th, 2015
Money laundering statures have a very broad ambit and the duty is firmly on banks and financial institutions to “Know their clients” and to avoid transactions that may assist clients in disguising and concealing the sources of their money. ...
Sony Pictures struggles to recover eight days after cyber attack
December 3rd, 2014
Eight days after a massive cyber attack on Sony Pictures Entertainment, the Hollywood studio was still struggling to restore some systems on Tuesday evening as investigators combed for evidence to identify the culprit. Some employees at the Sony Corp ...