Amazon, Google face formal fake review inquiry in Britain
Britain’s competition regulator started a formal investigation on Friday into whether Amazon (AMZN.O) and Google (GOOGL.O) may not have done enough to prevent or remove fake reviews.
Deutsche Bank taps Oracle to simplify its IT, cut costs
Deutsche Bank (DBKGn.DE) has tapped software firm Oracle (ORCL.N) to simplify its information technology systems, enabling Germany’s top lender to cut costs, a Deutsche Bank board member said on Thursday.
Amazon, Apple most valuable brands but China’s rising – Kantar survey
Amazon (AMZN.O) and Apple (AAPL.O) are the world’s most valuable brands but Chinese brands are rising up the leaders list and are more valuable than Europe’s top brands, according to a global ranking by Kantar’s BrandZ.
Singapore says will make needed changes to corporate tax once consensus on G7 plan
Singapore, a regional hub for technology firms, will change its tax system as needed once there is a global consensus, its finance minister said on Tuesday, after the world’s rich nations agreed there should be a minimum corporate tax rate of 15%.
Wall St dips as investors weigh G7 tax deal risk
The S&P 500 eased on Monday, although it remained 0.5% away from its all-time high, as a deal by the world’s richest nations on a global minimum corporate tax overshadowed bets on a full economic reopening.
Ireland confident G7 tax deal won’t dent multinational investment
Ireland’s finance minister said he remained confident the country’s low-tax economy would continue to attract multinational investment and jobs even as an overhaul of global corporation tax rules moved a major step closer on Saturday.
UK’s Sunak says world is watching as G7 debates tax reform
Britain said the world was relying on a gathering of some of the richest nations to agree reforms to outdated global tax rules, as finance ministers from the Group of Seven started a two-day meeting in London on Friday.
Zoom forecasts upbeat revenue, expects boost from hybrid work
Zoom Video Communications Inc (ZM.O) on Tuesday forecast current-quarter revenue above estimates, as increased adoption of hybrid work models by companies is expected to drive steady demand for its video conferencing tools.
KKR, CD&R take data analytics firm Cloudera private for $4.7 bln
Private equity firms KKR & Co (KKR.N) and Clayton Dubilier & Rice LLC (CD&R) will take Cloudera Inc (CLDR.N) private for $4.7billion, the cloud-based data analytics company said on Tuesday.
Huawei plans to launch new operating system for phones in June
China’s Huawei Technologies (HWT.UL) said it will launch its new Harmony operating system for smartphones on June 2, its biggest move yet aimed at recovering from the damage done by U.S. sanctions to its mobile phone business.
