Apple, Google to Face EU Lawmakers Over Tax Deals

Apple, Google, McDonald’s and IKEA will be asked about their European tax deals on Wednesday as EU lawmakers ratchet up the pressure on multinationals to pay more tax on their profits locally. The hearing, organised by the European Parliament’s tax committee, follows a similar event in November last year when Anheuser-Busch InBev, HSBC, Google and […]

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Germany to Invest EUR 10 Billion on Faster Internet by 2025

Germany plans to set up a fund worth EUR 10 billion (roughly Rs. 73,898 crores) to foster investment in faster Internet connections in rural areas by 2025, the Economy Ministry said on Monday. Officials are concerned that a failure to capitalise on the latest digital developments will leave Germany’s industrial base exposed to new competitors […]

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The correction underway at India’s start-ups space

Morgan Stanley’s filing comes nearly two months after Flipkart appointed co-founder Binny Bansal (right) as its new chief executive officer, replacing Sachin Bansal, who became executive chairman. Photo: Hemant Mishra/Mint On 29 July 2014, when Flipkart, India’s largest e-commerce marketplace, said it had raised $1 billion in funding, the world sat up and took notice. […]

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Infibeam Sets IPO for March 21

Online shopping portal Infibeam Incorporation will hit the capital markets on March 21 to mop-up Rs. 450 crore through an initial share plan, becoming the first e-commerce firm to tap the IPO route. The initial public offer (IPO) will conclude on March 23, as per the latest update available with capital markets regulator Securities and […]

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Crowd sourcing innovation

A screen grab of Ideapoke website. New Delhi: Research and development is a costly affair, which often kills innovations in a nascent stage. Moreover, intellectual property (IP) adds to researching woes. What if this technology came as open source? At a time technology is hard to be kept confined to their silos, two Indian childhood […]

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Microsoft Says Still Accepts Bitcoin, Apologises for ‘Inaccurate Information’

False alarm, everyone. Microsoft isn’t dropping support for payments via Bitcoin currency from theMicrosoft Store. The Redmond, Washington-based said on Monday that it conveyed inaccurate information over the weekend. Bitcoin community took a big blow last weekend when a support page on Microsoft website said that the company won’t accept the cryptocurrency on Microsoft Store, […]

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Sony PlayStation Vue Online TV Service Launched Nationwide in the US

Sony said Monday its Internet-based television service aimed at luring consumers away from cable subscriptions was being expanded to the entire US market. The PlayStation Vue will offer streamlined “bundles” for as little as $30 a month without long-term contracts. The network launched in a handful of US cities a year ago, will have content […]

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