Amazon has signed an undisclosed deal with the French tax authorities, Amazon told the AFP. From 2006 to 2010, Amazon operated in France using its subsidiary in Luxembourg. This way, the company could pay less taxes. But French authorities think French sales should be taxed in France. That’s why they were asking for $252 million in unpaid taxes (€203 million). Both Amazon and the… Read More
Bay Area startup Safe Catch Tuna has developed a patented technology to detect mercury levels in a variety of fish and pledges that its own brand of tuna products have the lowest levels of any brand.
The company is one of those overnight successes more than a decade in the making. Co-founder Sean Wittenberg started the company in 2004 after his own mom was diagnosed with mercury poisoning. Read More
SEOUL (Reuters) – Samsung Group heir Jay Y. Lee left a South Korean jail a free man on Monday after a panel of judges suspended his sentence, a surprise decision that sent shockwaves through the country's political and business establishments.
SAN FRANCISCO (Reuters) – Uber was so driven to “win at all costs” in the race to develop self-driving vehicles that it cheated, a Waymo lawyer told a jury on Monday, the opening salvo in a trade-secrets lawsuit between the two technology companies that could help determine who emerges in the forefront of the autonomous car business.
LONDON (Reuters) – Britain's Virgin Money has banned purchases of cryptocurrencies on its credit cards, a spokesman said on Monday, after similar moves by Lloyds Banking Group and several U.S. investment banks.
LONDON (Reuters) – Banks in Britain and the United States have banned the use of credit cards to buy Bitcoin and other “cryptocurrencies”, fearing a plunge in their value will leave customers unable to repay their debts.
(Reuters) – Apple Inc and Cisco Systems Inc have teamed up with insurer Allianz SE to offer discounts on cyber insurance to businesses that primarily use equipment from both technology companies, they said on Monday.
WASHINGTON (Reuters) – Digital currencies such as bitcoin demand increased oversight and may require a new federal regulatory framework, the top U.S. markets regulators will tell lawmakers at a hotly anticipated congressional hearing on Tuesday.
(Reuters) – Chipmaker Broadcom Ltd on Monday sweetened its bid to buy Qualcomm Inc for more than $121 billion, ratcheting up pressure on its rival to come to the table for negotiations in its “best and final offer”.
(Reuters) – Disappointing iPhone sales and a build up in Apple Inc's inventory would continue to pressure radio frequency (RF) chipmakers such as Skyworks Solutions Inc and Qorvo Inc , brokerage Morgan Stanley said on Monday.