E-Commerce Minute

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E-Commerce Minute: Thursday -- December 29, 2016

The E-Commerce Times -- E-Business Means Business
http://www.ecommercetimes.com
Part of the ECT News Network

Headline Scan
Apple, Ireland Balk at EU's Bill for Back Taxes
Softbank Pumps $1B Into Global Web Access Race
2017: AI's Coming Out Party

Today's Story Highlights

Apple, Ireland Balk at EU's Bill for Back Taxes
Apple and the Irish government are fighting what some view as a European
Union tax grab. The two recently filed a formal appeal of the EC's
decision ordering Apple to pay nearly $14 billion in back taxes, based
on its finding that Ireland had given Apple several illegal tax breaks.
The EC found that Ireland had allowed Apple to determine its tax based
on the activities of its subsidiary firms.
http://www.ecommercetimes.com/story/84194.html

Softbank Pumps $1B Into Global Web Access Race
Softbank has cut a check for $1 billion to OneWeb, which plans to build
a constellation of satellites to provide Internet access to underserved
parts of the world, the companies announced Monday. Helmed by satellite
industry veteran Greg Wyler, OneWeb raised a total of $1.2 billion in
its latest round of funding. The company will deploy 650 Ku band
satellites into orbit at a height of 750 miles.
http://www.ecommercetimes.com/story/84186.html

2017: AI's Coming Out Party
AI will be having a big coming out party in 2017. While there are plenty
of opportunities in this space for workers, executives, investors and
partners, not every company that uses the term "AI" in its marketing
will become a serious winner in the field. As advanced as AI is -- and I
have seen some technology that would blow your socks off -- not every
company is created equal.
http://www.ecommercetimes.com/story/84185.html

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