WASHINGTON/BERLIN (Reuters) – Finance officials from the Group of 20 major economies on Saturday vowed to resolve major differences over taxing big tech companies and reach a broad, consensus-based solution on international taxation this year. The United State... More »
HONG KONG (Reuters) – Many overseas arrivals in the Asian financial hub of Hong Kong are going unmonitored as they begin two weeks of mandatory self-quarantine, with only a third of the 6,000 electronic wristbands issued to them being activated, authorities sa... More »
PARIS (Reuters) – Digital currency could be useful as cash transactions dwindle in some countries but central banks should be in charge of issuing it, not private companies, Bank of France Governor Francois Villeroy de Galhau said on Saturday. Spurred by the r... More »
BIARRITZ, France (Reuters) – France and the United States reached a deal to end a standoff over a French tax on big internet companies, though U.S. President Donald Trump declined to say whether his threat of a retaliatory wine tax was off the table as a resul... More »
BUENOS AIRES (Reuters) – European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday, putting them at odds with U.S. counterparts. The final communique... More »
(Reuters) – Western Digital Corp reported better-than-expected profit and revenue on Thursday, as demand for its memory chips used in smartphones and personal computers rose coupled with higher prices for its hard disk drives. The multi-billion dollar memory i... More »
BERLIN (Reuters) – Germany’s incoming minister with responsibility for digital policy says she will push social media giants to make users’ information feeds more diverse and timely to avoid creating “echo chambers” for the like-minded. Companies such as Faceb... More »
FILE PHOTO: A Western Digital office building under construction is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake/File Photo (Reuters) – Western Digital Corp (WDC.O) gave strong profit forecasts for the current quarter and the full ye... More »
(Reuters) – Online media companies ATTN:, BuzzFeed and Group Nine Media are making a bigger push into television, executives said, aiming to grab more of the TV advertising market and depend less on social media for viewers. While the companies have long lured... More »
FILE PHOTO: A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao/File Photo TOKYO (Reuters) – Toshiba Corp (6502.T) and Western Digital Corp (WDC.O) have agreed in principle to ... More »
France, Germany, Italy and Spain want digital multinationals like Amazon and Google to be taxed in Europe based on their revenues, rather than only profits as now, their finance ministers said in a joint letter. More »
China is poised to further tighten rules on virtual currencies after regulators on Monday banned virtual coin fundraising schemes, Chinese financial news outlet Yicai reported citing sources. More »
General Electric Co (GE.N) wants its industrial software business to cut costs and lift profits next year under new chief executive John Flannery, and is considering expanded partnerships and the possible sale of some equity in the unit, according to people fa... More »
The NBC logo is picture atop their office building in San Diego, California September 1, 2015. REUTERS/Mike Blake Comcast Corp’s NBC News unit on Tuesday launched a digital video service that targets the growing number of viewers who get their news on social m... More »
Digital Realty Trust Inc (DLR.N) said it would buy fellow data center operator DuPont Fabros Technology Inc (DFT.N) for an enterprise value of about $7.6 billion, its biggest-ever deal, to help expand in high-demand markets in the United States amid a rapid sh... More »
A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao Toshiba Corp (6502.T) aims to name a winner for its prized semiconductor business next week, people familiar with the matter... More »
FILE PHOTO: The logo of Toshiba Corp is seen behind a traffic light at the company’s headquarters in Tokyo, Japan March 29, 2017. REUTERS/Issei Kato/File Photo Shares of Toshiba Corp jumped on Thursday after people familiar with the matter said it aims to name... More »
FILE PHOTO: A Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France May 27, 2015. REUTERS/Benoit Tessier/File Photo Dreyfuss More »
