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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