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Web privacy furor previews coming ‘net neutrality war’

  Bloomberg The US Congress’s decision to invalidate a set of internet privacy rules from the Obama administration set off a firestorm this week. The change, which will allow service providers like AT&T Inc. and Verizon Communications Inc. to collect and sell customers’ information without their permission, prompted ad campaigns from internet freedom groups shaming lawmakers and a small wave ...

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Google’s UK business reveals tax charge, jump in profits

  Bloomberg Google’s UK business is to pay 25 million pounds ($31.4 million) in UK corporation tax, according to its latest results, a year after the company was ordered to hand over 130 million pounds in back taxes to the government. The UK subsidiary of Alphabet Inc.’s Google turned a profit, before taxes, of 148.2 million pounds for the year ...

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Hon Hai posts profit rise after record iPhone sales

  Bloomberg Hon Hai Precision Industry Co.’s reported an unexpected rise in quarterly earnings after the main assembler of Apple Inc.’s devices rode record iPhone sales during the pivotal holiday shopping period. The world’s biggest contract manufacturer of electronics reported a 30 percent increase in net income to NT$68.8 billion ($2.3 billion) in the three months ended December, according to ...

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