Indian tax authority has decided to charge tax on cloud services fees paid by Amazon to the US, a move which will lead to company coughing up "significant" amount in taxes including payments for some of the previous years, the company said in a regulatory filing. Without sharing details of the decision, Amazon said it will contest the decision but it will have to remit a significant amount in taxes unless the matter is resolved. "In February 2023, we received a decision by the Indian Tax Authority (ITA) that tax applies to cloud services fees paid to the US. We will need to remit taxes on the services in question, including for a portion of prior years, until this matter is resolved, which payments could be significant in the aggregate," the company said. Amazon claimed that the ITA's decision is without merit. "We believe the ITA's decision is without merit, we intend to defend our position vigorously, and we expect to recoup taxes paid. If this matter is adversely resolved, we wo
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The European Commission has opened an in-depth investigation to assess the proposed acquisition of enterprise Cloud software company VMware by Broadcom
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The partnership will speed up the migration of its markets to the cloud and allow it to develop new products and services
As part of an ongoing privacy push, Apple said Wednesday it will now offer full end-to-encryption for nearly all the data its users store in its global cloud-based storage system. That will make it more difficult for hackers, spies and law enforcement agencies to access sensitive user information. The world's most valuable company has long placed customer security and privacy at a premium. Its iMessage and Facetime communications services are fully encrypted end-to-end and it has sometimes locked horns with law enforcement agencies, including the FBI, over its refusal to unlock devices. But nearly everything that customers backed up remotely using Apple's iCloud service including photos, videos and chats has not been protected by encryption. That made it far easier for crooks, spies and criminal investigators with court orders to get at it. No longer. The loophole that law enforcement had for getting at iPhone data will now be considerably narrowed. Apple, which is based in ...
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