While startups, across the globe, have raised millions of dollars online through ICOs, often with little more than a handful of employees, given the high risks faced by investors from such ventures, regulators are increasingly putting ICOs under the scanner. On Thursday, the Australian Securities & Investments Commission (ASIC), Australia’s corporate watchdog, stated it was…
Ireland’s finance minister announced that Apple Inc. has completely paid up its due to the country in disputed taxes of €13.1 billion ($21.2 billion) and an interest of €1.2 billion. The country will not hold that money in an escrow fund and await the outcome of its appeal against an EU tax ruling. In August…
According to media reports quoting sources, the United States Justice Department is investigating the electric car maker Tesla Inc. over the statements that gad been made by the Chief Executive Officer of the company Elon Musk. Sources also reportedly said that this criminal probe is being conducted in addition to the already reported civil investigation by…
Some of the United States based tech giants such as Facebook, Google and Microsoft have been found to be attached to a proposal by a lobby group that sternly opposes an attempt by the European Union to set for itself more ambitious goals for climate change. According to media reports quoting a leaked document illustrates…
The report by NY Attorney General’s office is based on a study of several online platforms where virtual currencies, including bitcoins, are regularly traded. According to a report published by the New York Attorney General’s office, cryptocurrency exchanges are typically plagued by poor market surveillance, lack sufficient customer protections, and have pervasive conflicts of interest.…
During the launch Microsoft has cited real world usage of how its augmented-reality goggles made business sense as it reduced travel time and allowed physical inspection across two different geographical location on two different continents. Two years after its launch, Microsoft Corp capitalized on its HoloLens technology and has introduced its augmented-reality goggles for its…
Apple products are amongst the few American company products that have managed to evade or sidestep the tariffs imposed by China on imports of US goods. Howe the tech giant managed to do so was explained by its CEO Tim Cook. In an interview to a television news channel, Cook said that “it’s not really…
Raising the veil over the first passenger to avail the services of the services of SpaceX, Elon Musk’s space transportation company, for a space trip around the moon was revealed by the company. The first private passenger to book a ticket on the flight is Japanese billionaire Yusaku Maezawa who is the owners and founder…
The concept for its self-driving electric crossover SUV was recently launched by BMW and according to experts, if the final product is what the auto maker gas displayed, it would be something unique in the world of electric cars. But for not, BMW has only unveiled its Vision iNext as a concept vehicle. However, according…
Upto 400 employees of the British Steel will lose their jobs with respect to its worldwide operations, the company has announced. This is a part of the strategy of the company to streamline itself and job profiles, the company has said. There are about 5000 people employed with the company globally. The company has further…
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