Thailand’s revenue department plans to increase its tax collections and its working committee is looking into blocking tax loopholes that are exploited by tech firms. Internet and tech companies based in Thailand could potentially face increased scrutiny as the country… Read More ›
The Sydney suburb of Rhodes was transformed to what resident Joyce Wong described as a “place of carnage” with hundreds of people wandering around like “zombies” from a quiet neighborhood within one week in July. “The car hooting noise… Read More ›
Suitors include Google and Salesforce.com with the former being a market favourite. According to a source who is familiar with the matter at hand, Twitter Inc. has initiated talks with several tech company in a potential bid to sell itself…. Read More ›
Ugly shoes are the new craze in America. Stretchy laminated sneakers and weird, fur-striped sandals are being sold by Zara. And celebrities and fashion editors are wearing clunky black-and-white Adidas slippers. Some mystifying, ultra-shaggy slip-ons were designed by Gucci. Awkward, curvey… Read More ›
IHS Markit’s tear down of Apple’s iPhone shows cost hike of $5 in manufacturing cost. According to IHS Markit Ltd, Apple’s latest flagship the iPhone 7 has higher input costs than its predecessor, the iPhone 6S thanks to its bigger… Read More ›
The European Commission has granted Google more time to respond to its antitrust charges. If convicted Google will have to shell out $7.4 billion for each charge of up to 10% of its global turnover. The European Commission has informed… Read More ›
Through this move, JPMorgan has chosen to embrace its competitors rather than openly oppose their disruptive business model. With its strong existing network with lower customer costs, it can more effectively fight them while expanding its customer base with newer… Read More ›
Grab already has a strong presence in the Southeast Asian ride-hailing market. With money from this new funding round in its kitty, the company can better compete with Uber when it sets food in the Southeast Asian market. Grab, a… Read More ›
Tokyo’s Regional Taxation Bureau had detected that the company had underreported its income to the tune of $118 million and had ordered the company to pay its dues. Apple has responded to the order by promptly paying its dues. The… Read More ›
JLR’s investment is stated to be the country’s biggest ever foreign direct investment in its history. Jaguar Land Rover (JLR) has disclosed that it has picked Vces and Takenaka, a a Czech and a Japanese company respectively, as subcontractors for… Read More ›
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