Prime Minister Theresa May’s aim is “not solely for the U.K. to have the lowest corporate tax rate in the G20 but also a tax system that is profoundly pro-innovation.” Cutting Britain’s current 20% headline […]
Talks with the NBA, MLB, NFL, MLS and elsewhere involving live game rights are reported to have taken place in recent months. Broad and varied interest across offerings is indicated, with scouting for potential content usage from […]
Google grants funding for the Montreal Institute for Learning Algorithms, with a highlighted aim of solving “some of the biggest challenges in machine learning and AI, including applications in the realm of systems that can understand […]
UK Prime Minister Theresa May and US President-elect Donald Trump firmly favor a pullback in corporate taxes to stimulate their economies, following the lead of other world leaders. Italy lowered its national rate last year; […]
The eurozone still relies on European Central Bank stimulus for its recovery, central bank officials say. A likely increase in interest rates and inflation in the US will put even more pressure on a still […]
Snapchat’s Spectacles are on sale in NYC. Hundreds lined up on Monday to purchase the video recording glasses from a new vending machine located at 5 East 59th St., but many couldn’t even make it […]
IBM Cloud is making the largest commitment it has ever made to one country at a single point in time after tripling its cloud capacity in the U.K. The move will see Big Blue open […]
The European Commission is expected to propose rules requiring foreign global systemically important banks operating in the EU to hold greater levels of capital and liquidity to prevent European governments from footing the bill should […]
Commodity Futures Trading Commission Chairman Timothy Massad is reportedly circulating a draft rule on commodity position limits for passage before the end of the Obama administration. The rule requires CFTC approval and has not yet […]
Blockchain group R3 has changed its membership structure and dropped its funding target to $150 million from $200 million while offering member banks a 60% equity stake. While a number of banks are signing on, […]
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