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Senate report: Apple claims subsidiaries to avoid paying billions in taxes each year
2013-05-21 12:51:08| InfoWorld: Top News
Apple has set up three foreign subsidiaries that the company claims are not resident in any nation for taxing purposes, in an effort to avoid paying tens of billions of dollars in taxes to the U.S. and other countries, according to a new report from a U.S. Senate subcommittee. Apple has set up a "complex web" of offshore entities to avoid paying taxes, with some subsidiaries set up in low-tax Ireland, according to a report released Monday by the investigations subcommittee of the Senate Homeland Security and Governmental Affairs Committee.
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avoid
US claims Chinese military is on new cyber offensive against America
2013-05-20 18:43:51| Beverages - Topix.net
Officials within the United States government say hackers from China have renewed their assault on US targets only three months after a highly-touted investigation linked the People's Liberation Army to a series of cyberattacks waged at American entities.
Tags: america
chinese
claims
military
Apple testing 1.5-inch display for iWatch, claims report
2013-05-20 17:19:09| CNET News.com
A couple of tidbits making the rounds Monday suggest that Apple's so-called iWatch is ticking ahead. [Read more]
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display
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testing
Google CEO defends tax affairs amid fresh claims
2013-05-20 02:00:00| Total Telecom industry news
Eric Schmidt insists in U.K. interview that Internet company 'tried to do the right thing'.
Climate change meltdown unlikely but human disaster looms, claims new research
2013-05-19 20:13:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Some of the most extreme predictions of global warming are unlikely to materialise, new scientific research has suggested, but the world is still likely to be in for a temperature rise of double that regarded as safe. The researchers said that warming was most likely to reach about 4C above pre-industrial levels if the past decade's readings were taken into account. That would still lead to catastrophe across large swaths of the Earth, causing droughts, storms, floods and heatwaves and with...
Tags: change
research
human
claims
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