What the other papers say this morning – 11 October 2013 October 10, 2013 FINANCIAL TIMES New York Fed sued over Goldman A former bank examiner filed a suit against the Federal Reserve Bank of New York, claiming she was fired after criticising Goldman Sachs for its policies on managing conflicts of interest. Carmen Segarra is suing the New York Fed and three of its officials in federal court [...]
New York Report: US data clog to clear as report season begins October 20, 2013 A BACKLOG of US data will begin to clear this week with payrolls figures landing just as more than one-quarter of S&P 500 companies report earnings. But equities, at record highs, have already surpassed expectations for the year and could begin to drift sideways. The S&P 500 closed Friday at 1,744.50, an all-time high, making [...]
Amazon offers CD downloads January 10, 2013 AMAZON has upped its battle with Apple’s iTunes by offering free music downloads to customers that buy CDs on the website. The service, called AutoRip, will cover tracks on CDs bought directly from Amazon, including purchases dating back 15 years. Amazon has aimed to step up its digital entertainment offering in recent months as its [...]
Amazon fights US tax claim January 17, 2013 Online retailer Amazon is fighting the US Internal Revenue Service (IRS) over a $234m (£146m) international tax bill, a dispute similar to others in which the agency has struggled to collect corporate taxes. The IRS claims that a sum transferred from Amazon’s European subsidiaries to its US parent company is taxable.
Nokia begins to map its future with Mitsubishi October 7, 2013 NOKIA yesterday announced a deal to provide Mitsubishi Motors with mapping data from its HERE business. The deal gives Nokia’s mapping service another customer, having secured partnerships with Amazon, Bing, Yahoo and Flickr for location data. “We were the first company to support the launch of in-car navigation in Mitsubishi’s vehicles back in the late [...]
Bottom Line: Opportunity for Prime to shine July 23, 2013 IT’S starting to look like Amazon might actually begin consistently making money one day soon. Having pursued an aggressive – and loss-making – growth strategy since it was founded in 1995, CEO Jeff Bezos and his team are increasingly looking for ways to convert user numbers into real cash. As Amazon told customers yesterday it was [...]
Top gadgets to take on your holidays July 31, 2013 Travelling can be far easier if you have the right technology in your suitcase STOCK up on these essential gadgets to avoid the holiday pitfalls of dead batteries, communications black-spots and gigantic roaming charges. 1. Loewe Speaker 2Go £269; currys.co.uk This brilliant portable speaker will connect wirelessly with your phone, giving you top [...]
Bottom Line: This odyssey might just be a step too far October 14, 2013 DESPITE having been around since 1968, when Arthur C Clarke first envisioned “the newspad” in 2001: A Space Odyssey, tablets still feel pretty fresh. Apple’s sector-defining iPad may have landed in 2010, nine years late for Clarke, but it’s not taken long for everyone to want a piece of the action – from natural competitors Samsung [...]
What the other papers say this morning – 29 August 2013 August 28, 2013 FINANCIAL TIMES Amazon tax fight in Supreme Court Jeff Bezos’s Amazon is taking a high-stakes legal battle to the US Supreme Court, hiring one of Washington’s most prominent lawyers Ted Olson to fight the taxation of its shoppers in New York state. Amazon wants the court to review a case about the most incendiary political [...]
Keep busy when the sun goes away August 7, 2013 Summer is rubbish for technology releases. Screens don’t work very well outside, and everyone is too busy lounging on the beach or frolicking in fields to appreciate them, anyway. Thankfully we’ve only got a few weeks more before we’ll be holed up in our freezing flats, shivering and pretending the outside world doesn’t exist. And [...]