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Amazon pays $16M tax in Germany despite $11.9B profit; company starts tax honesty in 4 European countries

Amazon has paid $16 million of tax in Germany. This is in reference to the electronic retail company’s profit of $11.9 billion in the said country which they say is low. Amazon has also declared its sales in 4 European countries which would mean they would have to pay more taxes.

May 27, 2015 5:08 AM EDT


Internal Revenue Service Website Hacked, 100,000 "Get Transcript" Information Stolen

The Internal Revenue Service's website was hacked and 100,000 information of taxpayers has been stolen. The IRS announced this on their news website and included in the stolen information are tax returns and other tax-related information.

May 27, 2015 4:48 AM EDT


Microsoft's Cortana will be available for both iOS and Android devices; Microsoft to release new apps for each device

Microsoft will be making its voice assistant, Cortana, available for both iOS and Android devices. Microsoft will release new apps for each device variants.

May 27, 2015 4:33 AM EDT


Italian court bans unlicensed taxi services including Uber

An Italian court has banned unlicensed taxi services such as Uber. Uber plans to appeal, saying the court ruling was a discrimination on new technologies.

May 27, 2015 4:25 AM EDT


AT&T Join Other Trade Groups in Suing FCC; They Support Net Neutrality But Not Internet Reclassification

AT&T Inc. joins other trade groups in filing lawsuits against the FCC. They express their support of Net Neutrality, however, it is the reclassification of the internet that the trade groups do not agree with.

May 26, 2015 6:29 AM EDT


BlackBerry Cuts More Jobs Worldwide Amid Plans To Reorganize Company, Can They Still Compete Against Apple And Samsuung?

BlackBerry will reportedly cut more jobs worldwide as it faces reorganization and restructuring. The once top mobile company has been facing a rapid decline with their sales.

May 26, 2015 6:10 AM EDT


Apple Pay Starts New Era Of Payment Security, Almost 50% Of iPhone Users Use Apple Pay

In a recent analysis, it has been found out that Apple's Apple Pay has started a new era of payment security as almost half of the total number of iPhone users use this payment service. Due to this, the Apple Pay has been dubbed as the biggest potential security framework in preventing card fraud.

May 25, 2015 6:45 AM EDT


Samsung Implodes From Samsung Galaxy S6 Release, Only 10 Million Units Sold; Should Samsung Worry?

Samsung has hit an all-time low as it was reported that the company was only able to sell 10 million units of the latest Samsung Galaxy S6. The company initially stated on April 10 that there were 20 million pre-orders of the Galaxy S6 Edge.

May 25, 2015 5:54 AM EDT


Exciting News For Developers as Google Announces Chrome for Android Now Almost Entirely Open-Source

Developers at Google have recently announced that Chrome for Android is now “almost” entirely open-source as code that can be used to freely develop mobile web browser aps are now available at Chromium. “Almost” because every aspect of the browser except those that are restricted by licensing agreements, can now be used by other third-party developers.

May 25, 2015 5:50 AM EDT


Texas governor-elect seeks federal funds to cover immigration costs

Texas has asked the White House for hundreds of millions of dollars illegal immigration has cost the state, Governor-elect Greg Abbott said on Monday, blaming President Barack Obama for not doing enough to secure the border.

Dec 08, 2014 4:10 PM EST


Financials lead Wall St higher; utilities lag

Bank shares led gains Friday on Wall Street after November payrolls data came in much stronger than anticipated, raising market expectations a rate hike from the Federal Reserve may materialize sooner than previously thought.

Dec 05, 2014 11:57 AM EST


U.S. new home sales rise in October, but September revised down

Sales of new U.S. single-family homes rose for a third straight month in October, but a downward revision to the prior month's sales pace indicated the housing market recovery would remain gradual.

Nov 26, 2014 10:15 AM EST