Google shifted $23bn to tax haven Bermuda in 2017, filing shows

Firm used Dutch shell company in move known as ‘double Irish, Dutch sandwich’ that cuts its foreign tax bill

Google moved 19.9bn euros ($22.7bn) through a Dutch shell company to Bermuda in 2017, as part of an arrangement that allows it to reduce its foreign tax bill, according to documents filed at the Dutch Chamber of Commerce.

The amount channelled through Google Netherlands Holdings BV was about 4bn euros more than in 2016, the documents, filed on 21 December, showed.

Continue reading… …read more

‘Fortnite’ season 7, week 5 challenges: Search between a rock, tomato, and tree

The Fortnite week 5 challenges have arrived in season 7. These are the first new weekly challenges of the new year. Players can look forward to 7 new challenges in total including the search between a giant rock man, crowned tomato, and an encircled tree. Here is the solution for it.

The post ‘Fortnite’ season 7, week 5 challenges: Search between a rock, tomato, and tree appeared first on Digital Trends.

…read more

Apple’s woes go far beyond the slowdown in the Chinese economy

Higher price tags, competition, cultural differences and saturation in the west have led to longer replacement cycles

Apple’s cut in its sales forecast was blamed almost entirely on the economic slowdown in China, but the real picture is probably far more complex, with high prices, cultural differences, fierce competition and consumers keeping their phones for longer all causing problems.

Its chief executive, Tim Cook, said falling sales of iPhone, iPads and computers were primarily due to the “magnitude of the economic deceleration, particularly in greater China”.

Continue reading… …read more

Segway announces tougher scooter, delivery robot

Segway’s plans for 2019 include making its scooters safer and more durable, but the company isn’t only interested on transporting people. At CES 2019, Segway-Ninebot will unveil its first ever autonomous delivery robot designed to carry packages.

(This is a preview – click here to read the entire entry.)

…read more