The European Commission says that Ireland’s reduction of Apple tax violates EU law and that Apple must pay €13 billion in back tax plus interest. Apple received preferential treatment that gave it an unfair advantage […]
Twitter has announced that it will share 70% of ad revenue with users who upload videos. The move is part of the company’s increased efforts to lure top video talent to its platform and compete […]
Mobile ad spending is set to expand globally at a 14.6% compound annual growth rate through 2020, according to RNR Market Research. Leading the way will be search, display and SMS, RNR predicts, while major […]
Snapchat platform reportedly could soon offer options to allow marketers to target by interests, connections and other more personalized data, Snapchat’s Clement Xue reportedly revealed in an eMarketer report. Snapchat currently allows limited targeting to […]
South Korea is preparing to embark on its first experiment with a full-fledged computer-advised asset management system. “We will operate a test bed, inviting local financial services or technology firms to join the initiative,” the […]
The world’s biggest pension fund, Japan’s Government Pension Investment Fund, has reported a 3.9% loss of $52 billion for the quarter that ended June 30, largely because of a bigger allocation to stocks. A strengthening […]
China is launching its first aircraft-engine manufacturer in an attempt to wean itself off Western suppliers, like GE and United Technologies’ (NYSE:UTX) Pratt & Whitney. The state-owned Aero Engine Corp. of China was created by […]
With net profits down slightly in the second quarter from the first three months of the year, South Korea’s 54 securities companies ended the first half of 2016 with a decline in profit of more […]
Add to hawkish rate comments from the US Federal Reserve a fourth month of rising consumer spending. July’s 0.3% increase follows June’s 0.5% gain, indicating that momentum from the second quarter is extending into the […]
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