OECD tells UK to ‘hold fire’ on new tech giants tax January 22, 2020 The UK has been told by the OECD to “hold fire” on a new tax on big technology companies planned for April. The secretary general of the organisation, which is tasked with brokering a global compromise on the issue of tech giants not paying enough tax, said there would be the risk of “a cacophony” [...]
Netflix beats fourth-quarter revenue estimates as subscribers jump January 21, 2020 Netflix added more subscribers than analysts had expected at the end of last year, despite the debuts of several rival streaming services. The streaming giant added 8.76m paid subscribers globally in the three months to December, compared with analysts’ average estimate of 7.63m, thanks to hits such as the Irishman and the third season of [...]
You can’t compare Jurgen Klopp’s side to great Liverpool teams but I prefer watching them to Manchester City January 21, 2020 Managers are a vital part of any club and certain conditions – money, clout – are necessary in a rebuilding job, but Jurgen Klopp really has proven to be the perfect fit for Liverpool that he was billed as. Since arriving in October 2015 he has improved the team each year and, having won the [...]
Apple boss Tim Cook calls for overhaul of corporate tax system January 20, 2020 Apple chief executive Tim Cook has acknowledged that the global corporate tax system needs to be overhauled, adding he was optimistic that upcoming reform would be fair. Tech giants such as Apple have come under increased scrutiny over their tax practices amid concerns they are dodging their liabilities by booking profit in low-tax countries. This [...]
Public cash shouldn’t be for private gain January 20, 2020 Have you ever heard of Apton? It’s game-changing. It’s synergetic. It’s revolutionary. It’s self-actualising. It’s… costing you money with naught in return. You probably haven’t heard of Apton, though — it’s only got 3,000 subscribers. It’s an app to stream Welsh language music — kind of like Spotify, but with a much smaller catalogue, fewer [...]
EU could force Apple to ditch iPhone charger January 17, 2020 Apple could be forced to abandon the Lightning connector, as the European Parliament mulls the introduction of a common charger to fit all devices Members of the European Parliament (MEPs) will debate the issue on Monday, calling for a charger that will “fit all mobile phones, tablets, e-book readers and other portable devices”. According to [...]
Google it: Alphabet hits $1 trillion landmark amid ad growth optimism January 17, 2020 Alphabet, the parent company of Google, has hit a landmark stock market valuation of $1 trillion (£760bn) for the first time. The company’s shares rose by 0.76 per cent yesterday, enough to make it the fourth US-listed company to hit the milestone. Shares ended the day valued at $1,450.16. Alphabet hit the valuation 22 years [...]
Stay on top of your game with the best health and fitness gadgets of 2020 January 15, 2020 It’s January – misery month – a yawning chasm between paydays offering naught but the freezing grey expanse of winter to look forward to. So you know what that means: it’s time to step into last year’s battered trainers, load up a podcast and get running again. To help keep you motivated, here’s our pick [...]
BBC unveils plan to double global audience to 1bn by 2030 January 15, 2020 The BBC today announced plans to double its global audience to reach 1bn people per week by the end of the decade. Director general Tony Hall today said the corporation aimed to build its global brand and expand its audience in a bid to pull in more revenue from outside the UK. “If we’re strong [...]
Litigation costs dent Goldman Sachs’s fourth-quarter profit January 15, 2020 Goldman Sachs suffered a fall in profit in the final quarter of the year as high litigation provisions and investment banking weakness dented the Wall Street giant’s bottom line. Net earnings fell 26 per cent year on year to $1.72bn. The fall in profit took earnings per share to $4.69 in the fourth quarter from [...]