SUBSCRIBERS
Microsoft's offshore profit stockpile crosses US$100b mark
Published Tue, Aug 4, 2015 · 09:50 PM
Washington
MICROSOFT Corp's stockpile of offshore profits rose to US$108 billion, with a 17 per cent increase over the past year as the company continues reaping profits in low-tax foreign jurisdictions.
The company crossed the US$100 billion mark, making it just the secon…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think
Hollywood animation, VFX unions fight AI job cut threat