The European Union is closely examining a significant tax dispute involving Meta Platforms Inc., the parent company of Facebook. The issue, which carries potential implications for digital taxation across the bloc, has been referred to the EU Commission’s VAT committee. Meta, which also operates Instagram, WhatsApp, and Oculus, is contending with an Italian tax bill […]

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Google has pledged to pay out a substantial $700 million to settle claims of anti-competitive practices linked to its Play Store operations. The settlement, awaiting a judge’s approval, promises to reshape the app marketplace dynamics, offering consumers and developers more freedom and choice. The tech giant will allocate $630 million for consumer restitution and $70 million to support state […]

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China’s video game sector has surged to new heights, with domestic sales topping a staggering 303 billion yuan ($42.6 billion), marking a significant 13% increase. This resurgence comes after the industry felt the weight of an 8-month regulatory clampdown, which is now firmly in the past. The industry’s vitality was highlighted at a Guangzhou conference by the […]

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Epic Games has emerged victorious in its antitrust lawsuit against tech giant Google. The verdict, delivered after an intense month-long trial, has the potential to revolutionize the app marketplace. Jurors unanimously agreed with Epic’s claim that Google’s Play store policies were monopolistic, particularly criticizing the mandatory use of Google’s billing system for app developers, which comes with […]

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Tencent Holdings has announced its latest venture into the console gaming sphere with the introduction of Last Sentinel. This high-stakes action role-playing game, revealed at The Game Awards in Los Angeles, marks a significant pivot from the company’s renowned success in mobile gaming. Last Sentinel is poised to immerse players in a robot-ridden, dystopian Japan, showcasing Tencent’s commitment […]

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Rockstar Games, under the banner of Take-Two Interactive Software, has finally unveiled the much-anticipated trailer for “Grand Theft Auto VI“. With a release slated for 2025, the reveal puts an end to the long-standing suspense surrounding the title’s launch. The announcement, initially scheduled for Tuesday, arrived early when the trailer debuted on Rockstar’s YouTube channel […]

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Tata Consultancy Services (TCS), a global powerhouse in IT services, has announced a substantial $125 million provision in its upcoming third-quarter financials. This move is in direct response to a longstanding legal battle with Epic Systems, a U.S.-based healthcare software firm. The legal saga, which began with a 2014 lawsuit from Epic, accused TCS of […]

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In a pivotal move aimed at bolstering cybersecurity, Canada recently announced its decision to block access to Chinese chat service WeChat and Russian antivirus solution Kaspersky on all mobile devices owned by the government. This decision was prompted by an exhaustive study from the nation’s top IT official, indicating that the involved apps harbored excessive […]

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In a significant move that marks a new era for social media platforms in Europe, Meta Platforms has announced the introduction of ad-free subscription plans for its popular services, Facebook and Instagram. This step is a direct response to the regulatory pressures exerted by the European Union, ensuring compliance while also offering users a novel, […]

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In a pioneering step, X, previously recognized as Twitter, is incorporating features for video and audio communication. Owner Elon Musk announced the rollout, target to transform X into an “everything app” beyond its original microblogging purpose. “Early version of video & audio calling on X”, Musk revealed, signifying a shift in the platform’s capabilities. This […]

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