Transit-tech firm Via reveals revenue gains in US IPO filingThe company posted a net loss of $37.5 million on revenue of $205.8 million for the six months ended June 30, narrowing from a net loss of ...
16 Aug, 2025, 08.20 AM IST
Meta, X and LinkedIn appeal unprecedented VAT claim by ItalyU.S. tech giants Meta, X, and LinkedIn are appealing Italy's unprecedented VAT claim, potentially reshaping EU tax policy. Italian authorit...
21 Jul, 2025, 07.13 PM IST
Italy extends big tech tax probe to Musk's X social networkWhile the value-added tax claim is a trifling sum for X, a company that generated $3.4 billion in revenue in 2023, the case is significant ...
25 Feb, 2025, 10.00 PM IST
Italy claims 1 billion euros in unpaid taxes from GoogleJust as in the previous investigation, the probe led by Milan prosecutors alleges that Google did not file and pay taxes on revenues genera...
28 Jun, 2024, 04.08 PM IST
EU Commission examines Italy's tax case against MetaThe EU VAT committee's assessment, the timing of which is unknown, will be non-binding, but a "No" from it could push the ministry and the ...
22 Dec, 2023, 12.18 PM IST
Airbnb agrees to pay $621 million to settle a tax dispute in ItalyShort-term rental platform Airbnb has agreed to pay 576 million euros ($621 million) to settle a years-long dispute over unpaid taxes in It...
15 Dec, 2023, 06.24 PM IST
Booking.com to pay 94 million euros to settle Italian tax disputeProsecutors in the nortwestern Italian port city launched their investigation in 2018 into Booking.com, which is based in the Netherlands, ...
10 Nov, 2023, 11.44 PM IST
Italy's Meta tax review gets underway in potential test case for tech sectorThe case stemmed from an Italian audit that claimed Meta user registrations could be seen as a taxable transaction as they implied the non-...
05 Jul, 2023, 04.03 PM IST
OpenAI's ChatGPT blocked in Italy: privacy watchdogItaly's privacy watchdog has blocked OpenAI's ChatGPT, saying that it did not respect user data and could not verify users' age.
31 Mar, 2023, 05.06 PM IST
Domino's pulls out of Italy, the country that invented pizzaThe US-based food company closed its last stores in Rome and Milan last year, and, according to media reports on Thursday, the company's It...
24 Mar, 2023, 06.57 AM IST
Italy pursues Facebook's Meta for $925 million in sales taxesThe investigation was opened by Milan magistrates at the request of the European Public Prosecutor's Office (EPPO), which asked the Guardia...
22 Feb, 2023, 10.40 PM IST
Italy bans US-based AI chatbot Replika from using personal dataReplika breaches European Privacy Regulations and processes personal data unlawfully as it cannot be based, even implicitly, on a contract ...
03 Feb, 2023, 04.42 PM IST
Protests in Italy over new coronavirus crackdown turn violentIn the northern city of Turin, some demonstrators broke off from a peaceful protest, smashing store windows on an elegant shopping street, ...
27 Oct, 2020, 04.21 PM IST
LSE agrees to sell Borsa Italiana to Euronext for $5 bnThe deal could bring LSE a step closer to winning approval for its $27 billion purchase of data provider Refinitiv, which is 45% owned by T...
09 Oct, 2020, 07.50 PM IST
LSE expected to approve Borsa sale to Euronext on Thursday: sourcesLSE entered exclusive talks with Euronext last month, after the Paris bourse owner saw off competition from Deutsche Boerse and Swiss rival...
08 Oct, 2020, 09.04 PM IST
Google's googly: Co spins away $9.8 bn in revenues from global subsidiaries to tax-free BermudaBy legally funneling profits from overseas subsidiaries into Bermuda, Google cut its overall tax rate almost to half.
11 Dec, 2012, 09.51 AM IST
- RIL secures $2.1 bn loan from US EXIM fpr $12-bn petrochemical complex
With this credit facility, RIL has raised $4.5 billion or half of the debts from export credit agencies of the US, Italy and Germany for it...
06 Dec, 2012, 12.31 PM IST