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LONDON (Reuters) - Online gaming firm 888 expects to pay a back-tax bill for its Spanish operations of less than $10 million, as Spain prepares to award its first online betting licenses in June, a source close to the company said. Helped by the leverage of the new licenses, cash-strapped Spain is demanding retrospective taxes from internet gambling companies operating between January 2009 and May 2011. 888, which has about 6 percent of its operations in Spain, expects to announce soon that it will pay a tax settlement of less than $10 million, the source said on Thursday. ...
When Facebook announced it was shelling out around US$1 billion to take on the free photo-sharing outfit Instagram in April, the reverberations were heard right across the globe.
Fantasy action role-playing game Diablo III is now the fastest-selling video game in history with more than 3.5 million copies sold within the first 24 hours and 6.3 million copies sold within the first week.
The apps, like Instagram, Hipstamatic, DailyBooth and PicPlz, have been small-time projects, but now a few are trying to become real businesses.
Google’s acquisition of passwords, e-mails and other personal data from unsuspecting people may have violated the Communications Act.
Samsung and LG Electronics have moved into the realm of leadership in the technology industry, but as smartphones take the world by storm, they have remained largely confined to the sidelines.
Despite the company’s strong performance, shares fell close to 10 percent in after-hours trading after the earnings release.
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In order to understand how this really works, let us look at the methods adopted by pay-per-click search engines. What do they do to attract traffic - well they sell the best available keywords for a certain amount through bidding. Then the websit.......
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