Reuters reports that Amazon.com's main UK unit has paid $3.7 million in taxes on its 2012 income, based UK sales of $6.5 billion. During the year, the company obtained 2.5 million pounds in government grants. All sales to British users are directed through a Luxembourg affiliate, which pays the UK unit fees to cover its costs. Read More
Bloomberg reports that Verizon Communications Inc. is having talks with media companies that could turn out spending money on some of the data users consume watching TV shows on mobile devices such as Smartphones. CEO Daniel Mead said, “We are very actively exploring those opportunities and looking at every way to build value for our customers.” . Read More
VentureBeat reports that Groupon has said it’s not in any rush to permanently appoint a new CEO after firing Andrew Mason, founder and chief executive. Ted Leonsis and executive chairman Eric Lefkofsky are sharing the CEO role after firing Andrew Mason, just a day following its last quarterly report. Read More
The Verge reports that Huawei founder and CEO Ren Zhengfei has emphatically denied accusations that his company presents a danger to US intelligence and national security, refuting claims that the smartphone maker has illicit ties to the Chinese government. . Read More
Bloomberg reports that Sprint Nextel Corp., which is considering a $25.5 billion bid from Dish Network Corp., is delaying granting access to its books due to questions over funding and cost savings, according to people knowledgeable about the matter. Dish is pressuring Sprint directors to rule that its bid is greater than the one from SoftBank Corp. that Sprint accepted last year. . Read More
AllThingsD reports that T-Mobile has released its full first quarter financials, stating that it has sold in excess of 500,000 iPhones from the time it began selling the iPhone on April 12. It also reported a 7 percent drop in revenue from a year back, for the quarter ending March 31. . Read More
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The Wall Street Journal reports that the Pentagon has accused the Chinese government of targeting the U.S. government computer systems for attack in a new report. . Read More