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Denmark to slap Microsoft with $1B in taxes after funneling profits overseas

Denmark to slap Microsoft with $1B in taxes after funneling profits overseas
  • Posted March 4, 2013, 1:30 PM by Rick Burgess | Filed in Industry News, The Web
  • Microsoft's clever accounting techniques may have been a little too clever, at least according to Danish authorities. Denmark officials are considering a tax levy of 5.8 billion kroner -- or roughly 1.01 billion USD at current exchange rates -- over…

Man fined $1.5 million in damages for sharing 10 porn movies

Man fined $1.5 million in damages for sharing 10 porn movies
  • Posted November 2, 2012, 4:30 PM by Rick Burgess | Filed in The Web
  • A Virginia man, Kywan Fisher, who was accused of sharing 10 adult movies via BitTorrent is being asked by an Illinois Federal court to pony up a whopping $1,500,000 in damages. The stiff judgment is the largest amount ever awarded…

Major scamware creator fined $163 million by U.S. authorities

Major scamware creator fined $163 million by U.S. authorities
  • Posted October 4, 2012, 5:30 PM by Rick Burgess | Filed in The Web, IT Security
  • Software scam artist Kristy Ross has been fined $163 million by U.S. authorities for running an unscrupulous "scareware" operation. The Federal Trade Commission had been following Ross since 2008 in hopes of closing in on her dealings and the judgment includes…

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