Mobile chip giant posts gains, sees AI as golden goose

Chipmaker Qualcomm managed to please the cocaine nose jobs of Wall Street despite coughing up a net loss of $3.12 billion, thanks to an income tax sting that took a chunk out of what would have been a solid quarter.

Price increases passed on to China

Nvidia is hiking the price of its H20 AI chips by 18 per cent to bankroll a Trump-approved shake-down of its Chinese business.

Section 899 sparks panic as foreign cash eyes the exit

US tech giants could be staring down the barrel of another self-inflicted wound courtesy of a barely noticed clause in Donald Trump’s new budget bill.

Advanced Machine Learning

The Internal Revenue Service (IRS) is preparing to purchase a state-of-the-art Nvidia SuperPod AI supercomputer to bolster its machine learning capabilities, with applications ranging from fraud detection to taxpayer behavior analysis.

First to go down under the Digital Markets Act (DMA),

Apple will soon become the first company to incur a fine for violating the European Union’s Digital Markets Act (DMA).

Apparently it lost 1.16 billion euros

Amazon's main European retail business reported 1.16 billion euros ($1.26 billion) of losses in 2021.

To pay for those who have to go in

Working from home should be taxed to help support workers whose jobs are under threat, a report has suggested. Deutsche Bank Research suggests a tax of five percent of  a worker's salary if workers choose to work from home when they are not forced to by the current pandemic.

What a surprise

The fruity cargo cult Apple is continuing to sting the British Inland Revenue.

Constitutional court surrenders

The French courts have surrendered to plans by its government to trawl social media to detect tax avoidance.

Calls on the US government for protection

After refusing to pay tax in Europe for ages, Big Tech is so upset by the French demanding a piddling three percent on profits that it is asking for the US government to help.