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Microsoft fights $29 bn US back tax claim
Microsoft fights $29 bn US back tax claim
by  AFP

The US Internal Revenue Service is asking that Microsoft pay a whopping $29 billion in unpaid taxes from 2004 to 2013, the company said in an official filing on Wednesday. Microsoft added that "since 2004, we have paid over $67 billion in taxes to the US." The accounting practices of US big tech companies have long posed a problem for authorities.

IRS says Microsoft owes $29 bn in unpaid US taxes
IRS says Microsoft owes $29 bn in unpaid US taxes
by  AFP

The US Internal Revenue Service is asking that Microsoft pay a whopping $29 billion in unpaid taxes from 2004 to 2013, the company said in an official filing on Wednesday. Microsoft added that "since 2004, we have paid over $67 billion in taxes to the US." The accounting practices of US big tech companies have long posed a problem for authorities.

Star witness at US crypto trial says Bankman-Fried ordered fraud
Star witness at US crypto trial says Bankman-Fried ordered fraud
by  AFP

Disgraced crypto wunderkind Sam Bankman-Fried was the mastermind behind a scheme to defraud FTX clients of billions of dollars, the star witness in his US trial testified on Tuesday. In the court on Tuesday, Ellison said that she and Bankman-Fried "dated for a couple years."