Apple and Ireland challenge European Commission over €13bn tax ruling December 19, 2016 The battle between the European Commission and Apple and Ireland reignited today. Apple and Ireland both filed appeals against a ruling by the EU regulator saying the tech firm should pay the country €13bn (£11bn) in back taxes. The iPhone maker, which has its European headquarters in Ireland, where the standard rate of corporation tax is [...]
Airbnb’s UK tax bill comes under scrutiny December 19, 2016 Airbnb's tax bill has come under scrutiny after it paid £317,000 in UK tax, despite London being the third biggest city from which the company offers rental accommodation. The tech business' international HQ is based in Ireland, but its payments division – Airbnb Payments UK – is based in London. This part of Airbnb handles the rental payments between [...]
Record levels of IT investment in 2017? You can bank on it, says report December 19, 2016 The banking sector will up its IT spend to an all-time high in 2017 as the gap between tech-savvy and Luddite lenders widens, according to a report released today. Embracing data and open banking are top priorities for banks the report by consultants Temenos and Capgemini revealed. The focus on technology comes a week after it was [...]
Driverless cars’ arrival looks set to shake up the automotive, oil and tech sectors December 16, 2016 The energy markets are starting to recover from their multi-year swoon, but there may be a bigger change ahead. It’s starting to look like the rise of self-driving vehicles is not only inevitable, but that it will be here sooner than many would have thought possible. That will likely upend the oil markets in ways [...]
The tech revolution – not Brexit – will reshape the face of London December 16, 2016 London's office market will change more in the next five years than in the 15 years since the 2001 dot-com crash, as a combination of factors much bigger than Britain’s exit from the EU come into play across the capital. While there has been so much discussion on the future of London’s banking cluster since [...]
You can start playing Super Mario Run right now December 15, 2016 It's here! Super Mario Run, Nintendo's first ever wholly owned game for smartphones and Mario's first appearance on non-Nintendo devices, has finally launched on the iPhone. Sorry Android users, this is only for iOS, with the much-anticipated arrival first teased in September at the unveiling of Apple's iPhone 7. Hot on the heels of the Pokemon [...]
Horse racing betting tips: Trickaway looks set to strike for Jefferson and Hughes December 15, 2016 RICHARD Johnson is in pole position to land his second champion jockey title in April, having been runner-up to AP McCoy an astonishing 16 times. The pack are currently over 40 winners adrift with Brian Hughes surprisingly now his nearest pursuer. The Ulsterman is comfortably the top dog in the North and he has developed [...]
California regulator wants Uber to put the brakes on its self-driving cars as it doesn’t have a permit December 15, 2016 Uber's self-driving car service might be driven off-track, after the California highways regulator ordered it to pull the service hours after it was launched. Uber had started giving passengers the option of a self-driving car with a safety driver when booking a journey. Regulators said the ride-hailing app firm had to stop immediately and get [...]
These two top tech bosses have been named advisers to Trump December 14, 2016 Donald Trump has added top tech firepower to a group of business leaders who will advise him on economic matters. Uber boss Travis Kalanick and the entrepreneur behind Tesla and Space X, Elon Musk, have joined the President-elect's Strategic and Policy Forum which will involve meeting with the President frequently. Read more: Move over Trump and [...]
Waymo: Full speed ahead as Google spins off self-driving car business December 13, 2016 Google is stepping up a gear with its self-driving car project, spinning it out into a separate business it will call Waymo. It will now come out of the shadows at what is known as Google X's "moonshiots" and under the umbrella of parent company Alphabet. "It's an indication of the maturity of our technology. We can [...]