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Alibaba is fueling Amazon’s billions in investment

Alibaba Group – The competition of Internet giants continues: With a billion investment in the online retailer Lazada Alibaba is expanding its supremacy in Southeast Asia. Chinese Amazon rival Alibaba is fueling the competition with a billion-dollar investment in Southeast Asian online retailer Lazada. It would put an additional two billion dollars in the business, announced …

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EU wants to tax Apple and other big companies

European Union: Companies like Apple bounce the company for revenue « The European Union plans to increase taxation on major Internet companies like Apple or Google later this month. » People have no understanding that large corporations are using tax loopholes and bouncing society off revenue, « said EU Economic Commissioner Pierre Moscovici of the Neue Osnabrücker Zeitungon …

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