Source Match Technology News
UK opposition party leader says Google tax behavior "wrong"
By Andrew Osborn LONDON (Reuters) - Google Inc's tax affairs
came under renewed scrutiny in Britain on Wednesday when the leader
of the opposition Labour party accused the Internet company of
wrongly going to "extraordinary lengths" to avoid paying tax. In
comments designed to politically outflank Prime Minister David
Cameron ahead of next month's G8 summit on what has become a
high-profile issue, Ed Miliband, the Labour leader, said he was
disappointed that Google paid so little tax. "I can't be the only
person here who feels disappointed that such a great company as
Google ... ...
New iPhone apps worth downloading: TiVo update, Option Chain, Star Trek Rivals
Ireland feels the heat from Apple tax row
By Carmel Crimmins and Conor Humphries DUBLIN (Reuters) -
Ireland called on Wednesday for an international clampdown on
multinationals shifting profits around the world to avoid tax,
after criticism that Irish loopholes helped technology giant Apple
to shrink its tax bill. A U.S. Senate investigation into the tax
affairs of the maker of iPhones, iPads and Mac computers has shone
an uncomfortable spotlight on Ireland's tax regime and forced the
government to defend itself against accusations of being Europe's
onshore tax haven. ...
Gay rights advocate seeks to overturn gay Boy Scouts ban
Top Line As the Boy Scouts of America prepares to vote tomorrow
on a proposal that would change its long-standing policy of
excluding gay boys from Scout units, the executive director of
Scouts for Equality, a gay rights advocacy group, is hopeful that
the proposal will pass--but says this is just the first step. “This
[...]
EU leaders shine spotlight on Amazon, Google over tax policy
By Luke Baker BRUSSELS (Reuters) - European leaders will
discuss how to combat aggressive tax avoidance by major companies
such as Amazon, Google and Apple at a summit on Wednesday, and cut
the estimated 1 trillion euros a year the EU loses to tax evasion
or avoidance. The four-hour summit was originally called to discuss
energy policy, but investigations in Britain, France and the United
States exposing how little tax major international companies have
been paying by carefully structuring their European operations has
forced the issue to the top of the agenda. ...
EU leaders shine spotlight on Amazon, Google over tax policy
By Luke Baker BRUSSELS (Reuters) - European leaders will
discuss how to combat aggressive tax avoidance by major companies
such as Amazon, Google and Apple at a summit on Wednesday, and cut
the estimated 1 trillion euros a year the EU loses to tax evasion
or avoidance. The four-hour summit was originally called to discuss
energy policy, but investigations in Britain, France and the United
States exposing how little tax major international companies have
been paying by carefully structuring their European operations has
forced the issue to the top of the agenda. ...
Ahead of the Bell: HP's 2Q results likely to sag
Afghan students protest women's rights decree
College costs could go up, thanks to Washington
For a talented, creative few, there’s David Letterman. For
most, there’s a labyrinth of paperwork, hard decisions and painful
sacrifices that could have dramatic repercussions on their
financial health decades from now. Paying for college in America is
hard. And a fight may be brewing in Washington that could leave
college grads paying more—maybe a [...]
Entertaining change: Sony to look at activist's spin-off idea
By Tim Kelly TOKYO (Reuters) - Few foreign activist investors
have made much headway in forcing change in Japan, where a
conservative corporate culture favors long-standing ties with
banks, business partners and workers rather than shareholders
seeking value. Struggling electronics giant Sony Corp, though, with
more foreign and fewer bank shareholders, may prove something of an
exception. That's the hope, at least, of Californian billionaire
Daniel Loeb, whose Third Point hedge fund has built up a more than
6 percent stake in Sony, making it the group's biggest stockholder.
...
Sony to assess spin-off plan; cuts targets for cameras, smartphones
By Tim Kelly TOKYO (Reuters) - Sony Corp cut its sales targets
for digital cameras, smartphones and tablets by 13-17 percent for
the year to end-March 2015, but said there were "encouraging" signs
of a revival in its electronics business. CEO Kazuo Hirai told a
press briefing on Wednesday that Sony would assess a proposal from
its biggest shareholder, billionaire Daniel Loeb's Third Point LLC
hedge fund, that the group should sell up to a fifth of its music
and movies business, which includes artists such as Adele and hit
franchises like "Spider-Man". ...
Portland, Ore., rejecting water fluoridation
Up to 30 hurt in crash in northwest Ohio
How cloud services could save Microsoft from sinking PC sales
Mysterious illness kills 2 in southeast Alabama
SoftBank grants Sprint permission to consider Dish buyout
Wind energy tax measure headed to final Neb. vote
Senate panel approves immigration bill
WASHINGTON (AP) — Far-reaching legislation to grant a chance at
citizenship to millions of immigrants living illegally in the
United States cleared the Senate Judiciary Committee on a solid
bipartisan vote Tuesday night after supporters somberly sidestepped
a controversy over the rights of gay spouses.
Ireland rejects blame for Apple's low tax rate
By Conor Humphries and Padraic Halpin CORK/DUBLIN (Reuters) -
Ireland said on Tuesday it was not to blame for Apple Inc's low
global tax payments and had no special rate deal with the company
after the U.S. Senate said it paid little or no tax on tens of
billions of dollars in profits stashed in Irish subsidiaries. The
Irish government, which has seen the luring of U.S. multinationals
with low taxes as a key part of its economic policy since the
1960s, said its system was transparent and other countries were
responsible if the tax rate paid by Apple was too low. ...
NVIDIA updates Tegra 4i processor, adds LTE-Advanced support
The new consoles from Microsoft, Nintendo and Sony
NEW YORK (AP) — Microsoft is the last of the three big video
game console makers to unveil its latest gaming system. The
unveiling comes nearly eight years after the Xbox 360 went on sale.
It follows last fall's debut of Nintendo's Wii U and a preview in
February of the upcoming PlayStation 4 from Sony.
Microsoft unveils Xbox One with Spielberg, Activision tie-up
By Bill Rigby and Malathi Nayak REDMOND, Washington (Reuters) -
Microsoft Corp unveiled the "Xbox One" on Tuesday, its first new
gaming console in eight years, and its strongest push so far to
dominate consumers' living rooms with an array of exclusive media
content. The Xbox One took four years to develop and will be the
launchpad for a "Halo" live-action video series produced by Steven
Spielberg. It will be sold worldwide "later this year," games unit
chief Don Mattrick told reporters at an event at the software
company's campus near Seattle, without providing details on timing
or pricing. ...
One bad sign for Yahoo’s Tumblr buy: Its history of $1 billion duds
Is Sony un-Japanese enough to entertain change?
By Tim Kelly TOKYO (Reuters) - Few foreign activist investors
have made much headway in forcing change in Japan, where a
conservative corporate culture favors long-standing ties with
banks, business partners and workers rather than shareholders
seeking value. Struggling electronics giant Sony Corp, though, with
more foreign and fewer bank shareholders, may prove something of an
exception. That's the hope, at least, of Californian billionaire
Daniel Loeb, whose Third Point hedge fund has built up a more than
6 percent stake in Sony, making it the group's biggest stockholder.
...
PayPal fires up new data center to support growth
New Xbox: What’s Better, What’s Missing
The Irish loophole behind Apple's low tax bill
Video: Leap Motion makes the leap to Windows
Poll: Teens migrating to Twitter
WASHINGTON (AP) — Twitter is booming as a social media
destination for teenagers who complain about too many adults and
too much drama on Facebook, according to a new study published
Tuesday about online behavior. It said teens are sharing more
personal information about themselves even as they try to protect
their online reputations.