Insider rumors suggest that the Japanese telecoms giant, Softbank, is planning to sell its 73 per cent-stake in the Clash of Clans maker, Supercell, at an estimated market valuation of $5 billion. Although unverified, reports reveal that Softbank is negotiating to a number of strategic buyers from China.
After grueling policy debates, Democratic Governor of California Jerry Brown has just approved a series of regulations that restrict tobacco use statewide. One of these approved measures is raising the legal smoking age from 18 to 21.
Google purportedly saved $2.4 billion of tax payables on its overseas profits through a scheme known as ‘Double Irish’ and a ‘Dutch Sandwich’.
A protester upset at the role of of money in politics landed a small helicopter on the grounds of the US Capitol in an effort to bring attention to the issue.
If you have not filed your taxes, make sure to file for an extension by the end of today.
