money

UK bill to charge 20% VAT for digital purchases

UK bill to charge 20% VAT for digital purchases

Online retailers and digital content providers might soon be facing some rather heavy taxes if Goerge Osborne gets his way. Under a new law that will cover intra-EU business to consumer (B2C) taxation, such services will be taxed based on buyer's location, which in the UK means a 20 percent VAT.

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Diablo 3 gold and real-money auction houses end-date: tomorrow

Diablo 3 gold and real-money auction houses end-date: tomorrow

It’s time to be done with the longest-lasting experiment in real-cash trade for Diablo items in the history of the Diablo gamin franchise. It will be Tuesday, March 18th when the gold and real-money auction houses are taken down entirely, while the rest of the auction house ecosystem will remain in play. Until June 24th, players will be able to access their "completed" tabs - but we wouldn’t risk it.

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Bitcoin creator unmasked in controversial report

Bitcoin creator unmasked in controversial report

The creator of Bitcoin has allegedly been found, with a controversial investigative report hunting down the man believed to be Satoshi Nakamoto at his home in California. Nakamoto, the elusive creator of the virtual currency that has made headlines, frustrated investors, prompted government investigations, and threatened to revolutionize the finance markets, has historically tried to distance himself from his work, but has been tracked down with the help of model trains.

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SeaOrbiter hits crowdfunding goal

SeaOrbiter hits crowdfunding goal

Recall the SeaOrbiter we detailed back in November? It has hit its crowdfunding goal of about $444,700 USD, and as such is destined to set sail for ocean parts unknown. With the vessel, voids and deficits in oceanic research will be filled, and researchers will have an awesome aquatic research center through which to study.

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Bitcoin ban sought over economy concerns

Bitcoin ban sought over economy concerns

The future of Bitcoin has become uncertain in recent times, with Mt. Gox finding itself the source of controversy in recent days and its closure spawning the mass-sale of the digital currency, leaving many spooked and possibly leery over future involvement with the unregulated and oft-stolen funds. Following this hoopla, D-W.Va. Senator Joe Manchin has moved forward with a call to have the cryptocurrency banned.

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