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TECHNOLOGY

Facebook and Other Tech Giants to Be Hit with Big UK Tax

By Editor / November 6, 2018 / 0 Comments

A new tax was announced recently by Britain’s chancellor that will target tech companies like Facebook, Amazon, and Google. The new 2% tax, which will take effect in 2020, was announced by finance minister Philip Hammond. Hammond stated, “It is only right that these global giants, which are profitable in the UK, pay their fair…

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Amazon May See Over $1 Billion in Higher Postage Fees Says Credit Suisse

By Editor / November 1, 2018 / 0 Comments

The United States Postal Service has recently filed notice with the Postal Regulatory Commission (PRC) of price changes to take effect on January 27th of next year. The Governors of the Postal Service have already approved the proposed fees, which would raise Mailing Services product prices approximately 2.5 percent. Shipping Services price will increase by…

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Google Says It has Fired 48 Employees for Sexual Misconduct

By Editor / November 1, 2018 / 0 Comments

In light of a recent New York Times story that said Google had protected several executives including Android creator Andy Rubin, from sexual misconduct allegations, the company’s CEO has sent an e-mail to employees in response. The email from CEO Sundar Pichai and Eileen Naughton, Google’s vice president of people operations, was obtained by CNBC…

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Amazon’s Earnings Just Made Microsoft the Second Most Valuable Company

By Editor / November 1, 2018 / 0 Comments

What may have been disappointing for Amazon proved to be very lucrative for Microsoft. Amazon delivered third quarter earnings that beat expectations but also delivered an outlook for the fourth quarter that trailed. Shares of the e-commerce giant ank 10% in pre-market trading ahead of the company’s report. It was the biggest decline since January…

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Tesla Earnings Were so Good.. Here’s what Some Experts Had to Say About Them

By Editor / November 1, 2018 / 0 Comments

Electric vehicle maker Tesla was seeing big gains after reporting earnings that revealed it was the company’s most profitable quarter ever in its history. Tesla shares had gained over 12% after the company reported the surprise profit in the third quarter. According to CEO Elon Musk, it was an “incredibly historic quarter.” He also said,…

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