Joaquin Almunia, the Competition Commissioner of the EU, still has to make a decision on allegations that Google abused its market dominance and the price discrimination claims made of Russia's Gazprom before his term ends, Reuters reported.
Legal & Regulatory
Academic says private equity fees not properly characterized for tax purposes
University of North Carolina Professor Gregg D. Polsky wrote in the February 3 edition of Tax Notes that payments given by companies to their private equity owners are not characterized properly for tax purposes, The New York Times The Dealbook reported.
Hearing highlights more regulation coming for Bitcoin
The hearing held by New York State banking regulator Benjamin M. Lawsky points to more regulation in Bitcoin's future, The New York Times The Dealbook reported.
Democrats seek to reinstate net neutrality with Open Internet Preservation Act
Democrats of both the House and Senate have filed The Open Internet Preservation Act today in a bid to bring back net neutrality, TechCrunch reported.
State agency orders Google to move its mystery barge for lack of permits
The San Francisco Bay Conservation and Development Commission has told Google to move its mystery barge where construction is currently going on because it lacks the necessary permits, The Associated Press reported.
Latest News
The Singaporean government launched iSTART, a financing program designed to fund the expansion of local telecommunication and mobile app startups into Indonesia, which could potentially be an avenue for growth for the Singaporean and IT industry.
Coupons.com, the online coupon firm backed by T. Rowe Price Group Inc and Passport Ventures, has filed for an IPO of up to $100 million with the US Securities and Exchange Commission, Reuters reported.
Applications filed with the US Department of Transportation by Easter Air Lines Group Inc in order to take the long-defunct Eastern Air back to the skies again, Reuters again.
Apple Inc is facing claims amounting to $840 million from state attorneys general and plaintiffs, which included consumers, in lawsuits related to the pricing of electronic books, Bloomberg reported.
San Francisco, US-based social media giant Twitter decided to buy more than 900 patents from American multinational tech firm IBM to settle patent infringement claims against it, with the two companies forming a patent cross-licensing agreement.
The UK government is now listing down charities, educational, and other random websites wrongly blocked by Internet service providers when web filters designed to block porn came into full effect.
BTC China, the biggest bitcoin exchange in the world, has begun allowing users to buy the digital currency using Chinese yuan again, just a month after it halted renmibi deposits because of a bank warning.
Washington University associate professor of engineering Robert Morley sued Square co-founders Jim McKelvey and Jack Dorsey for fraud and patent infringement, claiming he was wrongly left off a patent for the attachable credit card reader device.
Microsoft co-founder Paul Allen's investment in professional football team the Seattle Seahawks, current 2014 NFC Champions in Super Bowl Sunday, appeared to have paid off despite losing over $8 billion initially.
