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Key EU Court Ruling Gives Bitcoin Tax-Exempt Status

The European Union's Court of Justice on Thursday ruled that bitcoin, the virtual payment system that has shown promise and potential as an emerging currency, should be considered exempt from Value Added Tax (VAT) under existing law ...

Apple Music Converts 6.5 Million to Paid Subscribers

CEO Tim Cook on Monday revealed that Apple had signed up 6.5 million customers willing to pay for its Apple Music streaming service. Another 8.5 million users currently are giving the service a look-see during a free three-month trial period ...

Salesforce Investors Applaud European Startup Plans

Shares of Salesforce were up Thursday as it gained momentum from investors cheering on its plans to invest US$100 million into European startup firms. ...

Half a Dorsey May Mean Trouble for IPO-Bound Square

Square on Wednesday announced that it had registered with the Securities and Exchange Commission for its long-expected initial public offering. ...

Twitter Slashes Workforce as Dorsey Aims to Restore Confidence

Investors cheered Tuesday after Twitter CEO Jack Dorsey's announcement of plans to cut up to 336 jobs, or 8 percent of the global workforce, as part of an effort to strengthen long-term growth ...

Handmade at Amazon Could Needle Etsy

Amazon on Thursday announced Handmade at Amazon, a new specialty site designed to sell original handcrafted wares to a unique set of customers in a market led by rival etailer Etsy ...

Will Insider Trading Sideline Fantasy Sports?

Along with the challenge of keeping casual gamers interested in pools steadily filling with sharks, fantasy platforms routinely have been plagued by load issues, observed David Jones, performance expert at Dynatrace. "The top fantasy football sites regularly experience major ...

SPOTLIGHT ON SECURITY

DDoS Attacks Create Smokescreens for Larceny

Oct. 2. Australian retailer David Jones reveals personal data of an undisclosed number of online customers is at risk after intruders accessed its computer systems Upcoming Security Events...

EU Data Transfer Ruling Leaves Tech Companies in Quandary

Europe's highest court on Tuesday ruled that a 15-year-old agreement regulating electronic data transfers with the United States was invalid, potentially striking a blow to thousands of U.S. technology companies that rely on a uniform legal standard do business overseas ...

Nest Labs Opens Door to 3rd-Party Devs

Nest Labs on Thursday said it would open its communications platform to third-party developers for the first time, which will allow outside home device makers to set up products that communicate directly with Nest products ...

Amazon Flexes Its Muscles in Crowdsourced Delivery Space

Amazon has entered the on-demand delivery space in its hometown of Seattle, where independent workers are delivering orders within two hours or less ...

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