Silicon Valley giants accused of avoiding over $100 billion in taxes over the last decade

Silicon Valley giants accused of avoiding over $100 billion in taxes over the last decade

Six of Silicon Valley’s biggest companies had a combined “tax gap” of more than $100 billion this decade, according to a new analysis.

Fair Tax Mark, a British organization that certifies businesses for good tax conduct, assessed global tax payments from Facebook, Apple, Amazon, Netflix, Google and Microsoft between 2010 and 2019. The companies are sometimes collectively referred to as the “Silicon Six.”

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Apple’s Acquisition of Intel’s Smartphone Modem Business Completed, Intel Admits ‘Multi-Billion Dollar Loss’

Apple's Acquisition of Intel's Smartphone Modem Business Completed, Intel Admits 'Multi-Billion Dollar Loss'

Intel today announced it has completed the sale of the majority of its smartphone modem business to Apple for $1 billion following regulatory approval. The transaction was first announced in July and includes intellectual property, equipment, and approximately 2,200 Intel employees joining Apple.

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Black Friday: Amazon Adds Greatly To Unsustainable Throwaway Culture

Black Friday: Amazon Adds Greatly To Unsustainable Throwaway Culture

Black Friday, which happened just two days ago, is a day full of great deals, ones that are bringing millions out to shop; but at the same time, it is also fueling a new weave of throwaway culture. On Black Friday, companies typically make record sales.

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Bond defaults have soared in China

Bond defaults have soared in China

On november 25th China National Radio launched a mini-series to laud President Xi Jinping’s stewardship of the economy. For a state broadcaster, that might sound perfectly normal. But the theme of its first report was neither China’s stellar growth nor its sparkling innovations. Rather than such standard fare for propagandists, it focused on creditor committees, which aim to restructure companies that have run into financial difficulties. It was the latest sign of China’s rapid shift from denying that it had a debt problem just a few years ago to grappling with it publicly.

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An Inside Look at Google’s Future Plans

An Inside Look at Google's Future Plans

Everyone talks about algorithm updates, but Google does a whole lot more than adjust algorithms. Some of the moves they are making are really going to impact your marketing efforts. So, what are these non-algorithm changes? Well before I get into them, keep in mind that you aren’t going to like some of them, and …

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What Can Kill Your Digital Loyalty Program

What Can Kill Your Digital Loyalty Program

The digital loyalty program has become an essential part of the digital ecosystem of modern brands. A brand’s loyal audience regularly uses its application, interacts with its products, and even considers this brand a very close friend. In other words, they become ambassadors of the product and spread its mission around to others. The value of a brand grows in stride with the number of loyal customers.

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