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PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
Google blocked the first known AI-powered attack on 2FA accounts; here is how hackers tried to break in, know how to stay safeForeign hackers attempted a novel AI-powered cyberattack targeting two-factor authentication using a zero-day exploit. Google's Threat Inte...
Elon Musk’s xAI promised staff $420 for their tax returns, hasn’t paidElon Musk's xAI offered employees a $420 payment for their tax returns to train its Grok chatbot. Two months later, these promised payments...
Mythos: A challenge for the Indian banking systemClaude Mythos, a cutting-edge AI tool, has unearthed significant weaknesses in cybersecurity systems. In response, Indian authorities are s...
RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
Australia moves to tax Meta, Google and TikTok to fund newsroomsAustralia plans to tax Meta, Google, and TikTok. This aims to fund news reporters. The government will introduce legislation by July 2. Pla...
Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
Gulf storm: India should be evaluated as a strategic locational hedge for co-sharing GCC data centre infraRecent attacks on cloud data centers in West Asia highlight a new geopolitical risk. Hyperscale providers are now reassessing their global ...
US Revenue Service serves $28.9 billion tax notice to Microsoft in audit disputeThe company said it disagrees with the IRS's findings and plans to dispute them, first in an internal IRS proceeding and then later, if nec...
Microsoft says US has asked for $28.9 billion in audit disputeMicrosoft said the IRS notices relate to an ongoing dispute between the company and the U.S. tax authority, which is auditing how Microsoft...
Big Tech firms see tax windfall after Supreme Court ruling on MicrosoftBig Tech firms, including Facebook, Amazon and Google, are set to file for tax refunds in India following a Supreme Court judgment on tax o...
Chennai Nokia factory to be contract manufacturing unit of MicrosoftThe Nokia factory in Chennai will become a contract manufacturing unit for Microsoft, the management of the handset maker told employee rep...
Nokia expects closure of Microsoft deal to be delayed until AprilNokia said it expected the 5.4 billion euro ($7.5 billion) sale of most of its phone business to Microsoft will close in April.
Tax case not expected to affect deal with Microsoft: NokiaLast year in September, the US-based firm had announced it will acquire almost all of the Devices and Services business of Nokia for $7.2 b...
Finland welcomes Delhi High Court order on Nokia tax caseWelcoming the Delhi High Court's decision in the Nokia tax case, Finland has said it would help in expeditiously executing the sale of the ...
India, Finland officials discuss Nokia tax caseIndian and Finnish finance ministry officials today discussed Nokia's Rs 21,153 crore tax dispute case and reviewed the double taxation avo...
Nokia offers to pay part of Rs 3,000-cr tax payment demand to unfreeze its Chennai factoryShortly after Nokia announced a deal to sell its devices & services business to Microsoft, India's tax department froze the handset maker's...
- Tax payable on import of all software: Delhi ITAT
TAX is payable on import of all software , even if the sale does not involve exercise of copyright, according to a Delhi tax tribunal order...
- Microsoft gets Rs 127 cr tax notice
The notice has been issued for non-payment of service tax on 'marketing and user-support services' carried out by Microsoft India for MS Si...
- Microsoft told to pay tax on licence fee for software
Microsoft is liable to pay tax here on the licence fee charged to Indian users, an appellate authority has ruled.