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Even as Apple became the nation’s most profitable technology company, it avoided billions in taxes in the United States and around the world through a web of subsidiaries so complex it spanned continents and went beyond anything most experts had ever seen, congressional investigators disclosed on Monday.
Hong-Kong entrepreneur Ramesh Tainwala spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes.Tainwala, a 55-year-old expatriate Indian, owns Planet Retail, which held the India franchise rights for U.S. fashion labels Guess and Nautica as well as UK retailers Next and Debenhams. He sold the brands last September to various Indian businesses.
Google’s new privacy policy is under attack from regulators in its largest European markets, who on Tuesday brought legal action to try and force the company to overhaul practices they say let it create a data goldmine at the expense of unwitting users.
The European Union fined Microsoft Corporation first fine of 561 million euros on Wednesday for failing to offer consumers a choice of web browser, a charge that will act as a warning to other technology firms involved in antitrust disputes with the EU.
European investigators have uncovered evidence that hundreds of soccer matches at club and national level were fixed around the globe in a scam run from Singapore
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