Senate News & Views

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Cryptozoic’s HEX: Shards Of Fate Is Now Almost A Million Dollars Funded On Kickstarter External-link
Known for its collectible card and board game business, Cryptozoic Entertainment put its latest creation, a free-to-play digital collectible card game named HEX, up on Kickstarter with an initial goal of $300,000. As of today, with 17 days left to go in the full fund raising time period, the project has garn...
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Source: Cult of Mac
May 20, 2013 - 8:50 PM
Browse Related Topics:   U.S. Kickstarter Hex Cryptozoic ...
Senate report shows Apple avoided billions in taxes on foreign income External-link
Nothing illegal here, just more of the same sketchy tax practices big corps employ.
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Source: Ars Technica
May 20, 2013 - 6:00 PM
Regulators to Vote on Nonbanks External-link
U.S. regulators will soon vote on which large nonbank financial firms will face much stricter government oversight, Treasury Secretary Jacob Lew will tell Senate lawmakers Tuesday.
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Source: Wall Street Journal
May 20, 2013 - 5:40 PM
Browse Related Topics:   U.S. Treasury Jacob Lew
Apple avoids taxes with ‘complex web’ of offshore entities, Senate inquiry finds External-link
Apple used a “complex web” of offshore entities — with no employees or physical offices — that allowed it to pay little or no taxes on tens of billions it earned overseas, according to a Senate investigation unveiled Monday. Read full article >>    
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Source: The Washington Post
May 20, 2013 - 5:36 PM
Senators Levin, McCain accuse Apple of exploiting offshore tax havens External-link
In the wake of Apple's published testimony, US Senators Carl Levin (D-MI) and John McCain (R-AZ) have released their own joint statement on the work of the Senate Permanent Subcommittee on Investigations. "Apple Inc. has used a complex web of offshore entities -- including three foreign subsidiaries the company...
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Source: Electronista
May 20, 2013 - 5:11 PM
Browse Related Topics:   John Mc Cain U.S. Us Carl Levin More    
Apple accused of using Irish subsidiaries to avoid tax liability External-link
Executives face Senate grilling today
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Source: Irish Times
May 20, 2013 - 5:00 PM
Browse Related Topics:   Irish
Apple profits avoid massive tax bite External-link
SENATE investigation reveals tech giant uses companies based outside the US to avoid paying billions in US taxes.    
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Source: NEWS.com.au
May 20, 2013 - 4:23 PM
Browse Related Topics:   Us
Apple dodged paying billions in taxes, subcommittee says External-link
A senate panel releases a lengthy report detailing how the tech company has used offshore corporate structures to avoid paying billions of dollars in U.S. taxes. [Read more]    
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Source: CNET
May 20, 2013 - 4:21 PM
Browse Related Topics:   U.S.
Yahoo Unveils Complete Redesign Of Flickr, Now Offering 1TB Of Free Storage External-link
Yahoo just unveiled a completely redesigned website for Flickr, and it looks great. What makes it even better is that each user now gets 1 TB of free storage and 3 minutes of 1080p video. The new look is very image-centric, as it should be. Profiles are collages of photos in a scrollable list with [...]Related Stori...
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Source: Cult of Mac
May 20, 2013 - 4:17 PM
Browse Related Topics:   U.S. Samsung Flickr Not Powerfu...
Apple, Congress spar over taxes ahead of Tuesday hearing External-link
WASHINGTON/SAN FRANCISCO (Reuters) - Using an unusual global tax structure, Apple Inc has kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a Senate report on the company's offshore tax structure said on Monday.
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Source: Reuters
May 20, 2013 - 4:05 PM
Browse Related Topics:   Congress Irish
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