Tag Archives: politics

CAMBRIDGE ANALYTICA SHUTS DOWN ALL OFFICES AMID ONGOING FACEBOOK CRISIS

THE embattled data firm that worked on President Trump’s 2016 presidential campaign, has told employees it is shutting down, along with its UK counterpart SCL Elections. The move, which impacts all offices of both companies worldwide, comes amid recent revelations that the company harvested the data of up to 87 million Facebook users without their consent, according to multiple sources close to the company. Continue reading CAMBRIDGE ANALYTICA SHUTS DOWN ALL OFFICES AMID ONGOING FACEBOOK CRISIS

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US visa applications may soon require five years of social media info

The State Department wants to require all US visa applicants, both immigrant and non, disclose their social media handles to the US government, CNN reports. In documents that the department will file to the Federal Register tomorrow, it proposes that nearly every individual applying for a US visa be required to hand over any social media handles used on certain platforms in the past five years as well as submit any telephone numbers and email addresses used during that same time period.

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Jeff Sessions Doesn’t Want the ‘Anglo-American Heritage of Law Enforcement’ to Go Away

Jeff Sessions gave a speech to sheriffs on Monday sprinkled with a bit of white supremacy. In Sessions’ attempt to commend sheriffs for doing what they do, he evoked his love of law enforcement’s “Anglo-American” heritage.

Continue reading Jeff Sessions Doesn’t Want the ‘Anglo-American Heritage of Law Enforcement’ to Go Away

The state of solar installers after Trump’s tariff

Two days after President Donald Trump signed hefty tariffs on imported solar panels, a five-man team was hauling slabs of them up the outside of a brownstone in Brooklyn’s Sunset Park.In below-freezing January winds, they set up steel tilt racks on the roof to hold 16 panels and wired the system to a solar inverter, making the power usable in the house and able to feed back into the electrical grid. The team from Brooklyn SolarWorks, an installation company with 21 full-time employees, finished the job around sunset.

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Google used a popular tax trick to shelter $19.2 billion

Just how much money do tech companies shelter from taxes? Quite a lot, according to the Dutch. Newly published Netherlands regulatory filings show that Google shielded €15.9 billion (about $19.2 billion) in 2016 using the popular “Dutch Sandwich” tax trick, saving it about $3.7 billion in taxes. The maneuver involves shifting revenue from an Irish subsidiary to a Dutch firm with no staff, and promptly moving the funds to a Bermuda mailbox owned by another Ireland-listed company. And this practice isn’t slowing down — Google moved 7 percent more cash through this approach in 2016 than it did a year earlier.

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Samsung leader found guilty of bribery and embezzlement

Samsung will have to operate without its acting leader for a few years, now that a South Korean court has found Lee Jae-yong guilty of bribery and embezzlement. The executive has been sentenced to five years in prison, much shorter than the 12 years he was facing. According to The New York Times, though, that’s long enough to be considered a heavy penalty for a country that’s used to doling out light sentences to major business figures.

Continue reading Samsung leader found guilty of bribery and embezzlement