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US firms stash $2.1tn overseas to skip tax at home

The US companies are keeping their profits made overseas out of the homeland in order to avoid taxes. It's estimated that 500 large US companies are holding over $2.1 trillion accumulated profits overseas to avoid taxes. These companies have to shell out $620billion by paying US taxes to repatriate the funds.


Android 6.0 Marshmallow Top 5 Features; Motorola Flagships Being Prepared for Software Upgrade

Android 6.0 Marshmallow's top features are deemed attractive to consumers. Additionally, Motorola is preparing its flagships for Android 6 upgrade.

Project Morpheus is PlayStation VR; 5.7-inch device out by mid-2016 with improved refresh rate, powerful specs

The formerly known Project Morphes name has now changed its name as Playstation VR that is expected to arrive during the first half of 2016. The 5.7-inches device comes with improved refresh rate and secondary box and more.

Apple Music, iTunes Movies, and iBooks Finally Available in China

Apple has begun providing more entertainment services to Apple enthusiasts in China. Since China is one of the largest markets in Apple, the company made the Apple Music, the iBooks store, and iTunes available in the country.


Latest News

BioWare's awesome Mass Effect 4: Andromeda has shown very little and declared very few details. But there are some facts that fans need to know, which may affect their perspective of the game as soon as it releases within the next year.
A new hot leak that came out a day ago was shared on Reddit revealing that on Japanese Amazon website, a new product called 'Pokedex Z' has been spotted. According to the leakster, it appears similar to Omega Ruby and Alpha Sapphire Pokedex, however, the 'Z' in the product's moniker is what looks to be intriguing.
'Empire' Season 2 has released some spoilers including Lucious getting freed from jail. Due to this, Andre could murder someone for Lucious.
Guillermo del Toro has gone back to his roots in making the gothic horror thriller “Crimson Peak” which was inspired by his stay in a haunted hotel in New Zealand. The cast and crew share their thoughts about the set and Charlie Hunnam finds his role to be distinctly different.
Ellie Goulding took to her official Twitter account to explain about her alleged lip sycing scandal during her performance at the Australian Football League pre-game show. The singer blamed the sound guy for some errors during her performance.
Leonardo DiCaprio might always have fallen short to his Oscar award but never on his acting. The veteran actor is said to offer something new and delightful in the movie "The Revenant" this coming Christmas Day.
Apple Inc. confirmed today that its company had acquired a startup technology company call Perceptio. The detail of the acquisition is not made public as told by Apple spokesman to Bloomberg.
Gavin Rossdale showed up solo at the recently held Smile Gala at the Beverly Wilshire Hotel in Los Angeles, California. The Brush lead singer has an on-going divorce proceedings with his ex-wife and music icon Gwen Stefani.
The worldwide games developer, Ubisoft, finally acquires Ivory Tower, the French maker of The Crew racing game. After years of collaboration with Ubisoft driving experts, Reflections, Ivory Tower is now part of the Ubisoft. The gaming developer confirmed the acquisition in the blog.
Alexis Tsipras-led Greece government has proposed stringent measures in the budget for 2016 year. The draft budget for 2016 indicated a series of tough measures to restore normalcy in the ailing Greece economy.