The US, where estimates suggest 40 percent of adults currently hold crypto assets, is expecting to see a rise in tax evasion cases. The US’ Internal Revenue Service (IRS) is already gearing up to handle these cases. The information was disclosed by Guy Ficco, the chief investigating officer of the IRS in the US. Ficco … Read more
Microsoft believes the next generation of gaming consoles should be out in 2028, court documents in the ingoing FTC trial over the Xbox parent’s attempt to acquire Activision Blizzard revealed. The documents, as reviewed by IGN, detailed that the next Xbox and PlayStation 6 will potentially be out eight years after the current ones launched … Read more
Indonesia is expecting to get a $1 billion (roughly Rs. 8,470 crore) investment commitment from tech firm Apple Inc in a week, its investment minister said on Tuesday, after the government banned iPhone 16 sales for failing to meet local content rules. Indonesia stopped sales of the smartphone because it requires those sold domestically to … Read more
Consumer electronics major Sony India is “quite optimistic” about its audio business in the country and expects over 20 percent growth for the next few years, continuing the overall good traction from its range of personal audio and home entertainment products, a company official said. The company expects “robust” festive season sales this year for … Read more
Sony Group on Thursday said it is examining a partial spin-off of its financial business just three years after taking full control, as the conglomerate doubles down on entertainment and image sensors. Sony said it is considering a time frame of two to three years to spin off Sony Financial Group — whose operations include … Read more
Microsoft believes the next generation of gaming consoles should be out in 2028, court documents in the ingoing FTC trial over the Xbox parent’s attempt to acquire Activision Blizzard revealed. The documents, as reviewed by IGN, detailed that the next Xbox and PlayStation 6 will potentially be out eight years after the current ones launched … Read more