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3 employee deaths reported at Foxconn

Source: Boston.com

SHANGHAI — Three Chinese employees at Foxconn, one of the world’s biggest contract electronics manufacturers, died in what were believed to be suicides in recent weeks, which a group that monitors labor conditions in China says is the latest indicatio ...
Full article at: Boston.com  More like this  10 hours ago

Apple to argue for tax reform as it defends its offshore practices

Source: SCMP

Apple will argue for a comprehensive corporate tax reform that will levy a “reasonable tax” on foreign earnings and is not dependent on a company’s revenue when it goes before a Senate panel on Tuesday to explain its offshore tax pra ...
Full article at: SCMP  More like this  10 hours ago

Apple 'tax gimmicks': rotten to the core or sensible business?

Source: Christian Science Monitor

Two senators on Tuesday plan to grill Apple CEO Tim Cook about the company's tax practices, which they say cheat the US out of billions of dollars. Apple says it's playing within the rules. Apple CEO Tim Cook speaks during an event to ...
Full article at: Christian Science Monitor  More like this  11 hours ago

Needle Helps Retailers Close Sales with Help From Brand Enthusiasts

Source: Brand Channel

Salt Lake City-based startup Needle offers a twist on social commerce, utilizing brand loyalists as shopping guides for curious consumers. Its workforce, a team of brand experts that operate like freelance customer service reps, earn an hourl ...
Full article at: Brand Channel  More like this  12 hours ago, 6:13pm CDT

Panel: Apple uses firms outside US to avoid taxes

Source: WTHR

Hearing on the radio that a violent storm was approaching her rural Oklahoma neighborhood, Lindsay Carter took advantage of the advanced warning, gathered her belongings and fled. When she returned, there was little...More >> A monstrou ...
Full article at: WTHR  More like this  13 hours ago, 5:37pm CDT

Panel: Apple uses firms outside US to avoid taxes

Source: WSB-TV Atlanta

Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. The world's most valuable company is holding overse ...
Full article at: WSB-TV Atlanta  More like this  13 hours ago, 5:34pm CDT

US Senate releases comments on Apple tax avoidance

Source: The Loop

WASHINGTON – Apple Inc. has used a complex web of offshore entities – including three foreign subsidiaries the company claims are not tax resident in any nation – to avoid paying billions of dollars in U.S. income taxes, ...
Full article at: The Loop  More like this  13 hours ago, 5:26pm CDT

Biz Break: Porn could be Yahoo's Tumblr stumbling block; SolarCity and Apple gain

Source: SiliconValley.com

Today: Yahoo ( YHOO ) confirms $1.1 billion deal for Tumblr, but faces a quandary about content vs. advertising. Also: SolarCity's big gains continue, Apple ( AAPL ) rebounds ahead of CEO's testimony. The lea ...
Full article at: SiliconValley.com  More like this  13 hours ago, 4:59pm CDT

Leap Motion shows off Windows compatibility

Source: CNET

Its newest video previews how the gesture-control system will work on Windows when it ships in July. The company promised a Mac video soon. Windows users, rejoice! Leap Motion is coming to a PC near you, and for the first time, you can s ...
Full article at: CNET  More like this  14 hours ago, 4:50pm CDT

With ‘complex web’ of offshore entities, Apple avoids taxes: Senate

Source: The Washington Post

Apple used an elaborate overseas accounting scheme to avoid taxes on at least $74 billion in profits between 2009 and 2012, a Senate investigation said Monday. The Silicon Valley giant formed two subsidiaries based in Irelan ...
Full article at: The Washington Post  More like this  14 hours ago, 4:32pm CDT



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