Image: Jan Persiel/Flickr (Creative Commons) Facebook CEO Mark Zuckerberg has just announced that popular cross-platform mobile messaging app, WhatsApp, will become a part of the Facebook in a sale worth US$16 billion in cash and stock. The service, which is used by 450 million people every month, will remain separate from …
Read More »Apple forced to pay back AU$19 billion after EU rules Ireland tax deal illegal
Apple must repay €13 billion (or AU$19.2 billion) in back taxes to Ireland, after the European Commission ruled that agreements made with the Irish authorities were illegal under European Union rules. These agreements, according to the European Commission’s ruling, substantially lowered the amount of tax Apple had to pay in Ireland since 1991. …
Read More »Bill Gates, Jeff Bezos And Others Create $1 Billion Clean Energy Fund
Bill Gates, Jeff Bezos and other technology investors have launched a new high profile venture form called Breakthrough Energy Ventures. The new company aims to fund clean energy technology development and they will invest in ventures at any stage, from startups to established companies. Breakthrough Energy Ventures (BEV) is an …
Read More »TSMC announces plans for $16 billion foundry to push the envelope on 5nm, 3nm process nodes
We’ve talked several times this year about TSMC’s plans to aggressively take back the market share it has lost to Samsung at 14nm, but the company isn’t just planning to ramp next-generation process nodes as quickly as possible. TSMC announced it will build a $15.7 billion foundry facility focused on the …
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