Search Results for: Google
OECD attacks ‘aggressive tax plans’
May 14th, 2015
Technology companies need to stop “extremely aggressive” tax planning, the man charged with reforming global tax rules has told the BBC. He says these “push the boundaries of what is legal”. Pascal Saint-Amans, who runs the OECD‘s Centre for ...
Australia: Multinationals face tax avoidance crackdown
May 11th, 2015
The Abbott government will legislate to crack down on tax avoidance by 30 multinational companies, with planned penalties for diverted profits that “will go further” than action taken by the United Kingdom. Announcing measures to be taken in tomorrow’s ...
Twitter Reports First Quarter 2015 Results; Lowers Full-Year 2015 Expectations
April 29th, 2015
Twitter, Inc. (NYSE: TWTR) today announced financial results for the quarter ended March 31, 2015, and outlined lower 2015 expectations. Q1 revenue of $436 million, up 74% year-over-year, slightly below the previously forecast range of $440 million to $450 ...
SEC Charges New York-Based Financial Advisor With Stealing $20 Million From Customers
April 17th, 2015
The Securities and Exchange Commission today announced fraud charges against a New York City-based financial advisor accused of stealing at least $20 million from customers to fund his own brokerage accounts and then squandering the bulk of the money ...
RiskIQ Highlights Digital Threats to Banks
April 16th, 2015
More than 60% of assets sit outside the firewall in 35 top banks, according to the latest RiskIQ security report Security specialist RiskIQ says the growth in digital business is producing an increasing threat to banks across the world, ...
Nokia Agrees to $16.6 Billion Takeover of Alcatel-Lucent
April 15th, 2015
The Finnish telecommunications company Nokia said Wednesday that it had agreed to an all-share takeover of Alcatel-Lucent that valued its French rival at 15.6 billion euros, or about $16.6 billion. The combined company is expected to become the world’s second-largest telecom equipment manufacturer ...
Bitcoin Marketplace is shutting its doors
April 7th, 2015
US bitcoin marketplace Buttercoin is shutting its doors, despite launching with at least $1.3m in investor backing just four months ago. In a farewell post to customers today, the Buttercoin team announced the service will go offline this Friday (April 10th) at ...
Antitrust and Other Inquiries in Europe Target U.S. Tech Giants
April 3rd, 2015
It is not a good week to be a giant American tech company in Europe. The European antitrust investigation into Google appears to be heating up. More European countries are looking into Facebook’s privacy settings. And Apple, which already is ...
Citibank Sues Two Former Goldman Sachs Partners Over $29 Million Swiss Franc Margin Call
March 19th, 2015
The sharp and unexpected rise of the Swiss franc in January resulted in big losses for hedge funds, investment banks and other currency speculators, even causing some hedge funds to shut down. Now, there is a lawsuit over a ...
FCC Votes ‘Yes’ on Strongest Net-Neutrality Rules
February 27th, 2015
Net-neutrality advocates quite literally danced in the snowy streets Thursday outside the Federal Communications Commission in Washington just before the agency voted to approve the strongest ever rules on Net neutrality. The vote marks the culmination of a yearlong struggle ...
