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BBCNEWS Business Briefing July 14, 2024

One of the worlds most valuable tech firms, apple, is heading to court in a bid to overturn a multi billion dollar tax bill in back taxes in ireland as part of a landmark case in the eus crackdown on tax avoidance by multinational companies. Three years ago, the European Commission ruled apple received illegal state aid from ireland when it effectively paid only a 1 tax on its profits. The commission ordered ireland to collect 14 billion in taxes from the firm, and apple is appealing against it. But its not the only tech giant under the spotlight. Last week, google paid 1 billion to settle a french investigation into whether it had underpaid taxes. The Search Engine giant pays little tax in many European Countries because it reports almost all of its sales in ireland. In a bid to close tax loopholes, france earli ....

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BBCNEWS BBC Business Live July 14, 2024

Reached an agreement over trade. Financial markets in europe look like this right now. The price of oil has edged lower. We will talk you through the winners and losers. And cashing in on the growing Education Market well be hearing from a maths tutoring business which has added up to an empire worth hundreds of millions of dollars a year. And we want to hear about your box set guilty pleasures, after netflix reportedly agreed a half billion dollar deal to show old episodes of seinfield. Today we want to know, was it worth it . Whats your favourite binge watch . Get in touch just use the hashtag bbcbizlive. Mine is frazier, for the record. Hello and welcome to business live. Im with you, brazier is very hard to beat. Lets focus on another big name that you have all heard of, apple. One of the worlds most valuable tech firms is heading to court, in a bid to overturn a multi billion dollar tax bill in ireland. Its part of a landma ....

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CSPAN3 Senate Commerce Hearing On Tech Companies Use Of Algorithms July 14, 2024

I want to thank everyone for being here today to examine the use of persuasive technologies on internet platforms. Each of our Witnesses Today has a great deal of expertise with respect to to algorithms and as well as in the more narrow context of engagement and persuasion and brings unique perspectives to these matters. Your participation in this hearing is appreciated. I con vain this hearing in part to inform legislation i am developing to give consumers the option to engage with the platform without having the experience shaped by algorithm use specific data. Internet platforms have transferred the way we interact and made positive ways on society in ways too numerous to counting. The vast majority of content is innocuous and at its best it is entertaining, educational and beneficial to the public. However, the powerful mechanisms behind these platforms also have the ability or at least the potential to influence the thoughts ....

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BBCNEWS Click July 14, 2024

The Charity Samaritans is being criticised for entering into a year Long Partnership with a gambling company. Staff at Paddy Power Betfair, chose samaritans as their charity of the year and are supporting it through fundraising, corporate donations and volunteering. Critics say samaritans shouldnt work with the gambling industry. Dan whitworth, from radio 4s money box programme, has more. If you are sat in the pub, you can tell a guy who is an alcoholic. Lets be honest, you can tell if a guy is on drugs. The man sat in the corner on his phone is gambling his life away and nobody knows because it is such a hidden thing. Critics, including relatives of people with gambling problems who took their own lives, say samaritans is risking its well earned reputation by working with
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BBCNEWS Breakfast July 14, 2024

The world of motorsport pays tribute to formula 2 driver Anthoine Hubert, killed in a crash at the belgian grand prix circuit. Tributes are expected to be paid at the f1 race later today. It is the first of september. As far as meteorologists are concerned, the first day of autumn. And it will feel like it as well. A cool day for all of us, a mix of sunshine and showers. Details coming up. Its sunday the 1st of september. Our top story English Schools rated as outstanding by ofsted will no longer be exempt from inspections, under new government plans. The department for education says that, as of last summer, almost 300 schools hadnt been assessed for more than a decade. It said the changes would give parents up to date information about their childs education and ensure standards remain high. Alexandra mackenzie reports. Its the beginning of a new school year. Time for the ....

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