Business

Value-Added Tax generates approximately one-third of all public revenue in many of the world's wealthiest countries; in some EU Member States, the VAT contribution to the fiscal mix is close to 40 percent. Electronic invoicing remains one of the most challenging areas of conducting e-business in and...

Amazon has reportedly acquired Touchco, a start up company that focuses on touch-screen technology, according to a report in The New York Times that cites a person briefed on the deal as a source. Amazon will merge Touchco's technology and staff into its Kindle hardware division, according to the Ti...

A well-rounded board is an absolute necessity in these economically trying times. The average board of today usually consists of at least one person who has expertise in the company's business; a high-profile person who brings credibility and gravitas to issues; a financial person who, among other t...

In November 2009, IBM announced its acquisition of Guardium, a privately held company based in Waltham, Mass., and the planned integration of Guardium's Database Activity Monitoring technology into IBM's Information Management and Business Analytics and Optimization initiatives. Financial terms were...

U.S. Sen. Dick Durbin wants to know if Google's current dustup with China has the potential to create more cracks in that country's Great Firewall. So late Tuesday, the Illinois Democrat sent letters to 30 top technology companies -- including Apple, Facebook, Cisco, Verizon and Amazon -- asking the...

During a five hour event at its Redwood Shores corporate headquarters, Oracle executives, including CEO Larry Ellison and Co-Presidents Safra Catz and Charles Phillips, applauded the completion of Oracle's purchase of Sun Microsystems and outlined their strategy for the new acquisition for a media a...

After a brief protest late last week, Amazon now says it will give in and sell e-books from Macmillan at the higher prices the publisher has requested. "Macmillan, one of the 'big six' publishers, has clearly communicated to us that, regardless of our viewpoint, they are committed to switching to an...

PC users purchased record numbers of Windows licenses in the last three months of 2009, driving big gains for Microsoft over the company's second fiscal quarter, the first quarter in which the company's Windows 7 OS was on retail shelves. For its quarter ended Dec. 31, Microsoft reported net income ...

In this business climate, the road to striking a venture capital deal is difficult for both funder and fundee. Small startups with big ideas obviously have a harder time finding VC firms willing to take a chance on them, but those VC firms themselves are under added pressure to make the correct deci...

Jammie Thomas-Rasset, the Minnesota woman who was twice found liable for copyright infringement for sharing two dozen songs using an online file-sharing application, has turned down an offer to settle her $54,000 penalty for less than half that amount. The Recording Industry Association of America g...

Oracle says it will focus strongly on customer service and support for customers of both its products and those of Sun Microsystems, whose acquisition it completed on Wednesday. "We believe our customers deserve the best level of support and it's our job to make that extremely compelling," Juergen R...

As the U.S. federal government moves ahead with its cloud computing strategy, it may find that the real bugbear won't be technology but politics. What else would expect on the Hill? Other problems could pop up in the government's approach to security and a lack of adequately qualified staff. Can the...

The Department of Justice has cleared the path for Live Nation and Ticketmaster to merge -- but with several conditions attached, including significant support to companies that will be formed to provide competition. The two firms, which announced the possibility of a merger a year ago, have agreed ...

The online poker scene was set on its ear with the arrival of the Swedish phenom known only by his Tolkien-esque moniker of "Isildur1." Isildur1 burst onto the scene in September 2009 and soon began to frequent the nosebleed seats of $1000/$2000 Pot Limit Omaha reserved for the true high stakes game...

Minnesota federal judge Michael Davis has reduced the fine imposed on Jammie Thomas-Rasset for illegally sharing music on the Internet from $1.92 million to $54,000. Davis, who presided over the trial, said that the original calculations to determine Thomas-Rasset's penalty -- more than $83,000 per ...