Facebook has an ugly little secret, a number disclosed nowhere in its voluminous filings to become a public company and now only vaguely addressed by corporate officials. An estimated 5.6 million Facebook clients – about 3.5 percent of its U.S. users – are children who the company says are banned from the site. Facebook and
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Greece will hike taxes on OPAP, the state-controlled betting agency slated for privatisation, following rivals' complaints to the European Commission that tax provisions of Greek gaming legislation favoured the company. The move triggered a sharp drop in shares of OPAP – one of Europe's biggest listed gambling companies – and sent the stock plunging more
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A Los Angeles-area chef charged with murdering his wife, whose body has never been found, told investigators he cooked her corpse for four days in a vat of boiling water to dispose of the remains, tape recordings of his account showed. David Viens, 49, whose lawyers were to begin presenting his defense at trial on
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– Gates, Buffett, Ellison still on top – Only 45 of top 400 are women; Steve Jobs' widow joins list The net worth of the richest Americans grew by 13 percent in the past year to $1.7 trillion, Forbes magazine said on Wednesday, and a familiar cast populated the top of the annual list, including
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Spain's economic crisis is exposing deep regional fault lines. Among Catalans on Barcelona's boulevards the talk is of independence, and Madrid is worried. This week the king and prime minister called for national unity to get Spain through its worst downturn in decades, King Juan Carlos recalling the spirit that built a democracy after dictator
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Evaluation of the second licensing round for Cyprus’ offshore blocks has been completed and the advisory committee will reconvene on 26 September and submit its report to the Minister of Commerce, according to Department of Energy Director, Solon Kasinis. In statements on London Greek Radio, Kasinis, who is in the British capital to address a
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The European Union could postpone strict new capital rules for insurers because of wrangling between member countries over the final shape of the new regulations. Michel Barnier, the European Union commisioner in charge of regulation, suggested delaying the so-called Solvency II regime by one year, a source involved in negotiations over the rules told Reuters
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Apple Inc and four major publishers have offered to let retailers such as Amazon.Com Inc sell e-books at a discount, in a bid to end an EU antitrust investigation, the European Commission said on Wednesday. EU regulators have been investigating Apple's e-book pricing deals with Simon & Schuster, News Corp unit HarperCollins, French group Lagardere
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European shares rebounded on Wednesday, getting closer to recent 14-month highs as the Bank of Japan's move to ease monetary policy in the world's third-biggest economy allayed concerns about global growth. Sectors linked to economic growth such as autos, miners, banks and construction were the best performers after Japan followed recent central bank stimulus actions
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Certain types of tattoos – including those done with yellow or blue ink, or older and bigger tattoos – are harder to remove than others with laser treatment, according to an Italian study. Even smaller tattoos done with black ink can take multiple years to erase, and it can be harder to erase tattoos from
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