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Facebook market cap tops $200bn
September 9th, 2014
Facebook’s market capitalisation topped $200bn for the first time on Monday, beating rival Google in the time it took since going public to reach the symbolic figure. As well as outstripping the valuation of much older technology companies including ...
Junior Mining Companies Looking for Financial Lifeboats
September 9th, 2014
Any company will tell you that panic starts to set in once the confidence of the board or of investors begins to wane. This is precisely the situation in the mining industry. As a result, mining companies have sought ...
Investigation Reveals Surprising Way Foreign Governments Buy Influence In D.C.
September 9th, 2014
An investigation by The New York Times has found that several prominent Washington, D.C. think tanks have regularly taken donations from foreign entities in exchange for using their influence over U.S. policy decisions. The damning report, published in the ...
Europe Needs A New Source of Oil and Gas, Fast
September 5th, 2014
Summer is over and many Europeans may have to keep warm this coming winter by thinking about their summer holidays while wrapped in blankets, praying for a short winter or for the world to come to its senses. It ...
Inside Bitcoins Conference and Expo Will Feature Over 40 Virtual Currency Experts and 21 Sessions
September 5th, 2014
Inside Bitcoins , the leading international conference and expo exploring the business opportunities and threats posed by the growth of cryptocurrencies, debuts in London, 15-16 September, 2014. Taking place at the Grange St. Pauls Hotel, on the doorstep of ...
Halliburton Agrees To Pay $1.1 Billion To Avoid Future Claims
September 4th, 2014
Halliburton Co. has reached a settlement in U.S. District Court in New Orleans to pay $1.1 billion to resolve most of the claims against it arising from the Deepwater Horizon oil spill in the Gulf of Mexico in a ...
Joe Hockey announces new move against multinational tax evaders
September 4th, 2014
Multinational companies who seek to avoid Australian tax but also charge disproportionately higher prices here are in the sights of a new crackdown. Joe Hockey has told parliament the Commissioner of Taxation has been asked to “double his efforts” ...
Microsoft CEO Nadella might visit China amid antitrust probe
August 28th, 2014
Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world’s largest software company. It ...
Rosneft gains relief from sanctions
August 28th, 2014
Rosneft, Russia’s largest oil company, has received a new loan from Promsvyazbank to help it weather U.S. and European Union sanctions, and may yet get financial help from the Kremlin. Yet, the assistance doesn’t add up to the amount ...
eSports is Amazon’s big bet on the future – Bottom Line
August 26th, 2014
While eSports may look and sound like child’s play, it is in fact big business. Last year the industry attracted 71.5m online viewers worldwide, with Twitch being the destination of choice for over 75 per cent of viewers, and ...