Burger King is in talks to buy Tim Hortons, a deal that would create one of the largest fast food chains in the world, and that also would move Burger King’s corporate headquarters out of the U.S.
Private equity has its own form of a tax inversion, by which U.S. firms set up foreign-based shell companies to make acquisitions, which has received less scrutiny than when large U.S. corporations headquartered in the U.S. buy foreign companies and domicile in tax friendlier jurisdictions.
A 6.1 magnitude earthquake struck the Napa Valley yesterday, the most powerful temblor in the region in 25 years. The earthquake injured around 120 people, cracked roads and smashed buildings.
President Obama has asked for a review of police militarization spurred by government programs that sell surplus military equipment to local police departments.
France’s government was rocked by resignations over different ideas for how to get out of economic crisis — through austerity or alternatives means.
First Read has yet to see actual proof of this: Video-gaming is no longer dominated by men.
Kickstarter funded journalists located an ISIL training camp using Google Earth and Bing maps.
VC-backed startup TrueAccord seeks to change the way debt is collected, from the brute force of human debt collectors to a softer, tech-enabled process that conforms to individuals’ debtors personalities.
Governments around the world have bought technology that allows them to track the movements of people using cellular telephones, by pinpointing which cell towers they are using.
China hopes to have its own computer operating system operational by October, to take on imports like Microsoft.
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