eBay sales targeted by HMRC tax evasion

Online eBay sales traders are the latest group to be targeted by the HMRC  against tax evasion.People who trade on websites such as eBay have…

Digital book sales increase by 54pc in 2011

Digital book sales have risen by 54% in the past year and are now worth £243 million according to the Publishing Association.Figures released by the…

Scottish brewer uses Twitter to sink Goliath Diagio

A small Scottish beer company BrewDog has used Twitter to shame Diageo into a public apology after exposing the global drinks giant for using “dirty…

Samsung at the top of the smartphone sales charts

Samsung Electronics has overtaken Nokia to become the world’s largest maker of mobile phones.Nokia took the top spot in 1998 from Motorola, but in the…

UK broadband plans will slow online business growth

A £1.1 billion funding gap means the UK government’s targets for broadband growth are unlikely to be met predicts a report by the London School…

Facebook’s floatation values company at between £53 billion and £59 billion

Facebook has set the share price for its upcoming floatation at between £17.5 ($28) and £21.8 ($35) per share, valuing the company at between £53…

Microsoft opens new chapter with Barnes and Noble’s Nook e-books battle front

Microsoft has invested £185 million ($300 million) in a new digital venture with US bookseller Barnes and Noble to promote their e-book the Nook.The deal…

Amazon profits beat Wall Street forecasts

Amazon has announced better than expected profits after the world’s largest retailer cut its costs and boosted sales of its Kindle tablet and digital products.Amazon…

Apple’s profits up 91% in first quarter

Apple Inc announced yesterday that its net profit came in at £7.2 billion ($11.6 billion), up from £3.75 billion ($6 billion) in the same period…