Mobile Operators Set to Lose US$6.4 bil. VAT Claim on UMTS Licences
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The European Court of Justice (ECJ) has published an opinion that goes against European mobile operators: claim for refunds of up to 5 billion euro (US$6.4 billion) in value-added tax (VAT) on UMTS licences. The operators argue that under EU tax law, they should be allowed to reclaim VAT payments. Significance: The ECJ is ...
Amazon.com Launches TV, Movie Service
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SEATTLE -- Amazon.com Inc. launched a digital video downloading service Thursday, ending months of speculation that the Internet retailer would be getting into the online TV and movie business. The service, dubbed Amazon Unbox, will offer thousands of television shows, movies and other videos from more than 30 studios and ...
FortuNet Gets OK for Mobile Gambling
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LAS VEGAS -- FortuNet Inc., which makes wireless gaming machines for casinos and other gambling establishments, won approval from the State Gaming Control Board to become an operator of mobile gambling devices, a company spokesman said Thursday. The Las Vegas-based company now faces a vote in the next few weeks at the Nevada ...
Nokia Strengthens Ties with Yahoo!
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Nokia is making a deeper commitment to Yahoo! by further integrating Yahoo! Search into its Nokia Mobile Search application. As part of the agreement, Yahoo! will provide Web and image search results in more than 10 languages on a wide variety of Nokia devices, which will give consumers real-time access to information and content,...
Verizon Asks FCC to Undo Unbundling
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Verizon Communications Inc. late Wednesday asked the Federal Communications Commission (FCC) to excuse it from sharing its DS1 and DS3 loop and transport facilities with competing voice providers, especially cable companies. Verizon wants relief from its "dominant carrier" responsibilities in six major metro areas ...
Winning the Compliance Game
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Looking for tips on how to ace your next regulatory audit? The Compliance Security Council, made up of the Institute of Internal Auditors, the Computer Security Institute, and Symantec, has been tracking what's working and what's not, says James Hurley, executive director of research for the Security Compliance Council and a ...
RIM Polishes Its Pearl
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Research In Motion Ltd. (RIM) has made its boldest stride into the consumer market yet with the long-anticipated $199 smartphone called 'Pearl'. The firm unveiled the phone this week in downtown New York with cellular partner T-Mobile USA. The operator will start to sell the phone in the U.S. this coming Tuesday ...
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