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2024-11-29 01:48:48| Engadget

Amazon wont need to pay the European Union 250 million ($263 million) in back taxes. On Wednesday, the blocs executive branch said it was closing three separate state aid investigations, including one involving Amazon. The decision ends one of the companys longest-running legal sagas. In 2017, the European Commission found that, from 2006 to 2014, Amazon had used an operating company in Luxembourg to pay substantially less tax to the European Union. The shell company had no offices or staff, and was, according to the Commission, used solely by Amazon to lower its tax bill. By the Commissions estimate, the e-commerce giant avoided taxation on three quarters of all the profit it made from online sales in the EU during that period. In 2021, however, Amazon won an appeal against the ruling. Although the company changed its tax structure following the investigation, it argued at the time that the Commissions decision was full of "methodological errors. It also said the payments were legal per international tax principles, an argument Europes second-highest court agreed with after finding Amazons structure didnt confer it an advantage over other companies. Subsequently, the court ordered the Commissions decision annulled. With this weeks announcement, the Commission said it was taking into account the guidance of the EU Courts in closing the case against Amazon. Amazon did not immediately respond to Engadgets comment request. While the end of its case against Amazon is a setback for the European Commission, earlier this year the body won a decisive victory against Apple. In September, Europes highest court ordered the tech giant to pay back a 13 billion ($14.4 billion) tax break from Ireland that was found to be illegal in 2016.This article originally appeared on Engadget at https://www.engadget.com/big-tech/european-commission-ends-state-aid-case-against-amazon-with-no-tax-payout-004438602.html?src=rss


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2024-11-28 20:17:30| Engadget

Amazon isn't exactly shy about slashing prices on its own products during major shopping events like Black Friday. Not even when it comes to devices that it announced and released just days ago. To wit, the company has taken 10 percent off the list price of the Echo Show 21. The smart display can now be yours for $360. Amazon revealed the Echo Show 21 on November 20 and made it available to order immediately. No prizes for guessing that the device has a 21-inch screen. Of course, as with the Echo Show 15, this can be mounted on a wall. A countertop stand is available to buy separately. The Echo Show 21 has a 1080p display and an upgraded camera. Amazon claims this offers more than double the field of view of the original Echo Show 15 as well as 65 percent more zoom. As the presence of a camera suggests, Amazon is hoping you'll use this for video calls too. The company claims to have reduced unwanted ambient noise with this model. The Echo Show 21 is said to offer double the bass and immersive sound as well. You can use the Echo Show 21 as a Fire TV and it comes with an Alexa Voice Remote. The unit has Wi-Fi 6E connectivity and you can use it as a smart home hub. Amazon has also updated the Echo Show 15 with all these features and the smaller unit is on sale as well. It's down to $270, which marks a discount of 10 percent. Check out all of the latest Black Friday and Cyber Monday deals here.This article originally appeared on Engadget at https://www.engadget.com/deals/amazons-new-echo-show-21-is-already-40-off-in-this-black-friday-deal-191730669.html?src=rss


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2024-11-28 18:49:36| Engadget

Details about an epic-looking upcoming sci-fi adventure game just dropped. The images and teaser trailer depict a post-apocalyptic world in which humans in primitive-style garb battle giant dinosaur-like robots while sweeping orchestral music plays. It all seems a little familiar. But wait, this isnt the next Horizon game from Guerrilla. Oh, no, no. This is an initial look at a game from a Tencent subsidiary called Polaris Quest. Guerrilla and Sony don't exactly hold a monopoly on tamable robot dinosaurs or open-world crafting games. But at first glance, Light of Motiram is a pretty blatant Horizon ripoff. It mimics Guerilla's art style and animations, right down to the abundant lens flares. One image shows a trio of human characters using bows and spears to tackle a mammoth-style machine. Even the game's logo font and description ape that of Horizon's Light of Motiram is about humanity's attempt to "rebuild from the dawn of a new primitive era." There are some differences, in fairness. Here, you can construct your own shelters, while trained "Mechanimals" can help you in combat. There's co-op support for up to 10 players as well. While Guerrilla is working on a multiplayer game, the recent Lego Horizon Adventures spinoff is the only Horizon game to date that features co-op. In one sense, fans of the Horizon series will understand why it's apt that the games seem to have effectively been cloned. We'll have to wait to see just how egregiously Polaris Quest has copied Aloy's adventures. Light of Motiram doesn't have a release window as yet, but the seemingly free-to-play title is coming to Steam and the Epic Games Store. Unless Sony slaps Tencent with a cease-and-desist first, that is.This article originally appeared on Engadget at https://www.engadget.com/gaming/pc/a-new-game-from-tencent-looks-like-a-pretty-blatant-horizon-ripoff-174935880.html?src=rss


Category: Marketing and Advertising

 

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