It is no secret that corporations use tax loopholes and such to get out of paying what often amounts to a hefty chunk of money in taxes. Apple is one such corporation, but unlike the others, it stands out as having reportedly used exceptionally complex "gimmicks" and "schemes" to get out of paying billions of dollars in taxes over the course of the last few years. According to a Congressional investigation, the multi-country subsidiaries Apple uses are more convoluted than most of the systems seen by experts.
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Author Archive for Brittany Hillen
Apple avoided billions in taxes via complex system says investigators
Google Checkout to be retired November 20
Google rolled out Google Wallet back in 2011, and now the time has come to retire Google Checkout. The news was made in an announcement earlier today, with Google notifying merchants using Google Checkout that in six months the service will go dark following a transition to Wallet. This follows the addition of Google Wallet to Gmail, allowing users to send someone money from within their inbox.
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Leap Motion demos Windows 8 gesture-control functionality ahead of beta launch
Leap Motion has rolled out a preview of its gesture-control functionality on Windows 8 (it will work for Windows 7 as well, though). In case you're not familiar with the device, it allows users to go hands-off when using their computer, controlling via gestures made in front of the display. We've got the preview video available for your perusal after the break.
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Foxconn continues to violate Chinese labor laws says report
Foxconn has come under fire repeatedly, fueled by several worker suicides and threats of suicides, as well as protests and its eventual installation of nets to catch employees who jump from the roof. Because of the criticism, the Chinese manufacturer - which supplies some Apple devices, among others - agreed to over 300 terms set forth by Apple after a Fair Labor Association investigation. While some things have changed, the latest report shows that employees are still being overworked.
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Before its time: Consortium pushed for automated driverless cars in the 1990s
Automated driverless cars have been a popular topic for some months now, brought to the forefront of public attention by Google's efforts to develop such vehicles. One would be tempted to believe - science fiction stories and movies aside - that such ambitions are a new reality, the result of our ever-expanding technologies that allow us to pursue this seemingly futuristic mode of transportation. Under such an assumption, the reality is surprising - in the early 1990s, Congress passed a bill devoting $650,000 towards developing technologies for driverless vehicles, a project undertaken by a consortium composed of nine organizations. In fact, one "driverless" vehicle was demonstrated on California's Interstate 15 for over 7 miles in 1997, and we have a video of it after the jump.
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Lenovo rolls out IdeaPhone K900 Intel-Inside smartphone in China
Back in January at CES, we got our hands on Lenovo's IdeaPhone K900 Intel-Inside smartphone, a sleek unibody handset with Corning Gorilla Glass 2 and a 5.5-inch 1080p display. It has been a long time coming, but the smartphone has finally hit shelves, with Lenovo launching the phone in China earlier this week. The K900 is slated to roll out internationally over the summer.
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Apple iRadio stymied by song-skipping issue says sources
Back in March, we reported that Apple plans to launch it iRadio streaming music service by this upcoming summer, followed up by a piece in April on its reported signing of various licensing agreements. Now sources are saying the company has run into a snag with Sony over an issue with how much it will pay when users skip songs.
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Technology in new $100 US note aims to foil counterfeiters
The United States will be rolling out a new greenback this fall, in this case a new $100 note that, while visually similar to the current offering, utilizes new technology (and a slight splash of color) to make it harder for counterfeiters to replicate the bills. Among the changes are such things as a duplicating Benjamin Franklin, who has been enlarged and filled out, microprinting, and more.
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Photoshop Express rolled out in the Windows Store
Tablets can be handy little photo-editing devices, particularly for photographers or media workers who need to tweak an image on-the-go without pulling out a laptop. For that reason, Adobe launched an app version of Photoshop for Android and iOS users called Photoshop Express, which offers some of the editing capabilities found in the regular desktop variety of the software. It has been available for most mobile users for awhile now, but starting today it is also available for Windows users.
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Syrian Electronic Army cyberattacks The Financial Times
Another day, another cyberattack by the Syrian Electronic Army. This time the hacktivist collective targeted The Financial Times, making a nuisance of itself by taking over several of the company's Twitter accounts, as well as changing the titles of posts on The Financial Times' blog posts to "Hacked by the Syrian Electronic Army." While the actions themselves are annoying, one message in particular crossed the line when it sent readers to a video of an execution.
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Google Glass privacy concerns must be addressed by June 14 says Congress
Glass was nary more than a twinkle in Google's eye (pun intended) when many started voicing their concerns over privacy, followed shortly by preemptive bans against the wearable device by bars and similar associations. While Google has talked about Glass and privacy to various degrees over the past weeks, it is going to have to zero in on specific concerns by June 14, according to Congress.
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Tesla Motors direct retail sales challenged in North Carolina
Consumers in North Carolina have welcomed Tesla Motors with open arms, having purchased 80 cars and having reserved another 60, such a quantity that Tesla has opened a servicing center in the state. While consumers have been receptive, it has been a different story with state dealerships and the accompanying salespersons, both of which are side-stepped by Tesla's direct retails sales methods.
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