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Monday, September 30, 2013

Technology Report: Google pays $55 million tax in Britain on 2012 sales of $5 billion

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09/30/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Google pays $55 million tax in Britain on 2012 sales of $5 billion
LONDON (Reuters) - Google, which has been grilled twice in the past year by a UK parliamentary committee over its tax practices, had a UK tax bill of 35 million pounds ($55 million) in 2012, on sales of $4.9 billion to British customers, its accounts showed.
New app uses augmented reality to show internship opportunities
TORONTO (Reuters) - College students and graduates know getting an internship can be the gateway to a job but landing one can often be difficult.
Nokia's cheap smartphones drive Windows in Europe -research
FRANKFURT (Reuters) - Microsoft's Windows platform has reached a 9.2 percent share in the smartphone operating system (OS) market in key European markets, driven by Nokia's low and mid-range models, market research firm Kantar said on Monday.
Entel to invest $400 million to roll out 4G services in Peru: government
LIMA (Reuters) - Chilean telecommunications firm Entel will invest $400 million over a decade to roll out 4G high-speed Internet services in Peru, the government said on Monday.
Nokia says India freezes some assets in tax dispute
NEW DELHI/HELSINKI (Reuters) - Indian authorities have frozen some of Nokia's assets in a tax dispute, the Finnish phone maker said on Monday, although it does not expect the move to delay the sale of its handset business to Microsoft Corp.
Siemens' new CEO riles labor reps with news of job cuts
MUNICH/FRANKFURT (Reuters) - Weekend news of 15,000 job cuts at Germany's Siemens has put the German engineering group's new chief executive, Joe Kaeser, on a collision course with workers' representatives only two months after he took the helm.
Renesas gets $1.5 billion bailout from government, customers
TOKYO (Reuters) - Japanese chipmaker Renesas Electronics Corp received on Monday the 150 billion yen ($1.53 billion) bailout pledged last year by a government-led fund and major customers to aid the company's restructuring efforts.
Twitter to make IPO filing public this week: Quartz
NEW YORK (Reuters) - Twitter Inc plans to make its IPO filing public this week, news website Quartz reported on Sunday, citing a person familiar with the social media network's plan.
Mobile gaming firm King.com sets sights on U.S. IPO: source
(Reuters) - King.com Ltd, the British mobile gaming company best known for its hit puzzle game 'Candy Crush Saga', has filed confidentially for an initial public offering (IPO) in the United States, a person familiar with the matter said on Sunday.
Alcatel says wins China Mobile 4G network order
PARIS (Reuters) - Alcatel-Lucent said on Monday that China Mobile Ltd had chosen its lightRadio small-cell technology for the nationwide roll-out of the world's biggest high-speed mobile broadband network.
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