Fake land deal racket busted

The Bhongir Special Operations Team (SOT) apprehended seven persons allegedly involved in making fake documents pertaining to vacant plots of land in and around Tuprapet village. They seized from their possession fraudulent sale deeds of seven plots and ₹ 7 lakh, mobile phones and two four-wheelers. The accused are Parindham Sekhar, Anugu Madhavreddy, Y Ramalingeswara … Read more

EU Agency Warns of Privacy Risks in Google, Fitbit Deal

Alphabet-owned Google’s $2.1 billion (roughly Rs. 15,000 crores) bid for fitness trackers company Fitbit could pose privacy risks, the European Data Protection Board (EDPB) warned on Thursday, adding its voice to other critics of the deal. Google announced the deal in November last year, as it seeks to compete with Apple and Samsung in the … Read more

Facebook Faces US Tax Court Trial Over Ireland Offshore Deal

Facebook is slated to begin a tax trial in a San Francisco court on Tuesday, as the Internal Revenue Service tries to convince a judge the world’s largest social media company owes more than $9 billion linked to its decision to shift profits to Ireland. The trial, which Facebook expects will take three to four weeks, … Read more