News
Microsoft buys British AI firm
03/02/2016
By Daniel Hunter British artificial intelligence firm SwiftKey, which is known for its predictive mobile keyboards, has been bought by Microsoft. The Financial Times has reported that the deal is worth around... read more
Cameron hails ‘real progress’ in EU negotiations
02/02/2016
By Daniel Hunter Prime Minister David Cameron says there has been “real progress” in his negotiations over EU reform after the first draft text of the ‘new settlement’ was published. After days of meetings... read more
Google owner becomes world’s most valuable company
02/02/2016
By Daniel Hunter Alphabet, the parent company of Google has become the world’s most valuable company after its latest financial report was published. Alphabet reported a profits of $4.9 billion in the fourth... read more
Barclays fined $70m over US ‘dark pool’ trading
01/02/2016
By Daniel Hunter Barclays is set to be fined $70 million (£49m) in the US after misleading investors over its ‘dark pool’ trading, the New York Attorney General’s office has said. The Attorney General... read more
Italy secures £50m more than UK from Google tax settlement
29/01/2016
By Daniel Hunter Italy’s tax authority has reached a €227 million (£173m) settlement with Google over unpaid taxes between 2009 and 2013. Based on today’s exchange rate, it means Italy secured... read more
French economic growth hits four-year high
29/01/2016
By Daniel Hunter The French economy grew by 1.1% in 2015, according to the country’s official statistics agency, its fastest growth for four years. Official figures showed the economy grew 0.2... read more
Amazon shares hit by missed sales forecast
29/01/2016
By Daniel Hunter Amazon’s share price fell more than 13% in after-hours trading on Thursday after its sales in the fourth quarter missed forecasts. The online retail giant posted a 21% rise... read more
Facebook doubles Q4 profits to $1.56bn
28/01/2016
By Daniel Hunter Facebook has said its profits more-than-doubled to $1.56 billion (£1.09bn) in the final quarter of 2015. Mark Zuckerberg said 2015 was a “great year for Facebook”, with nearly 1.6 billion people... read more
European Commission could probe Google tax deal
28/01/2016
By Daniel Hunter The European Commission has said it could investigate the UK’s £130 million tax settlement with Google. European Competition Commissioner Margrethe Vestager said she would not say whether or... read more
31 nations sign corporation tax avoidance deal
28/01/2016
By Daniel Hunter A deal designed to make it harder for multinational companies to use complicated tax arrangements to avoid paying corporation tax has been signed by 31 OECD countries, including the... read more
