Amazon conciliatory as US eyes regulation
US tech giant Amazon on Thursday sounded conciliatory notes as the US government considers stricter regulatory measures against America's largest digital platforms.
Apr 16, 2021
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5
Business
US tech giant Amazon on Thursday sounded conciliatory notes as the US government considers stricter regulatory measures against America's largest digital platforms.
Apr 16, 2021
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5
Business
Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight amid stepped up scrutiny of technology firms.
Apr 12, 2021
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4
Business
A longtime lightning rod for critics of corporate tax avoidance, Amazon now wants to lead the way on reform.
Apr 8, 2021
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Business
Proposed by the United States, supported by the IMF and welcomed by major economies including France and Germany, a global minimum tax rate on corporations is gathering momentum toward becoming a reality.
Apr 7, 2021
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5
Internet
Every time a user navigates to a website link, their web browser processes and downloads a great deal of external data to their local system. Organizations like Cloudflare help to ensure users can mitigate any risks posed ...
Electronics & Semiconductors
Scientists at Tokyo Institute of Technology (Tokyo Tech) and NTT Corporation (NTT) have developed a novel CMOS-based transceiver for wireless communications at the 300 GHz band, enabling future beyond-5G applications. Their ...
Feb 5, 2021
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156
Computer Sciences
Toshiba Corporation and Toshiba Digital Solutions Corporation (collectively Toshiba), industry leaders in solutions for large-scale optimization problems, today announced the Ballistic Simulated Bifurcation Algorithm (bSB) ...
Feb 4, 2021
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Business
The computer chipmaker Intel Corp. on Friday blamed an internal error for a data leak that prompted it to release a quarterly earnings report early. It said its corporate network was not compromised.
Jan 23, 2021
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Consumer & Gadgets
Researchers at a cybersecurity firm say they have identified vulnerabilities in software widely used by millions of connected devices—flaws that could be exploited by hackers to penetrate business and home computer networks ...
Dec 8, 2020
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63
Security
A small group of economists from Italy, the U.K., and the U.S. has published a Policy Forum piece in the journal Science suggesting that consumers need to be protected from collusive price setting by AI systems. They also ...
A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter (i.e. by an ad hoc act passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration.
An important (but not universal) contemporary feature of a corporation is limited liability. If a corporation fails, shareholders may lose their investments, and employees may lose their jobs, but neither will be liable for debts to the corporation's creditors.
Despite not being natural persons, corporations are recognized by the law to have rights and responsibilities like natural persons ("people"). Corporations can exercise human rights against real individuals and the state, and they can themselves be responsible for human rights violations. Corporations are conceptually immortal but they can "die" when they are "dissolved" either by statutory operation, order of court, or voluntary action on the part of shareholders. Insolvency may result in a form of corporate 'death', when creditors force the liquidation and dissolution of the corporation under court order, but it most often results in a restructuring of corporate holdings. Corporations can even be convicted of criminal offenses, such as fraud and manslaughter. However corporations are not living entities in the way that humans are.
Although corporate law varies in different jurisdictions, there are four characteristics of the business corporation:
This text uses material from Wikipedia, licensed under CC BY-SA