Summer Goes Out With a Bang (and Aliens!)
It was a big week. You might have missed something.
Who Likes the EU Now?
On Tuesday, Apple was hit with a $14.5 billion tax bill (plus interest!) from the European Union, arguing that the Irish government gave the company preferential treatment from 1991 to 2007. There’s no doubt that the company has turned Ireland into a tax haven of sorts – through a series of dubious (though legal) licensing arrangements Apple Ireland managed to earn $22 billion in 2011 alone (and that’s with a work force of fewer than 4,000 at the time).
Few expect that Apple will ultimately be required to pay back even a fraction of that penalty, and in “A Message to the Apple Community in Europe”, Tim Cook reasserted the company’s long-held position, ” A company’s profits should be taxed in the country where the value is created.”
Science Is a Buzzkill
The news broke on Saturday – we are not alone. The Search for Extraterrestrial Intelligence reported observing a “strong” signal that might have originated from a Sun-like star a mere 95 light years from Earth.
And, just like that, here come the scientists – so-called “astronomers” – to tell us it’s probably not aliens.
There Goes Another Journalism Job
President Obama will guest edit the August issue of Wired.
Uber in the Crosshairs
Hot on the heels of a shareholder call in which Uber brass revealed the company has lost at least $1.27 billion in the first half of 2016, a major new competitor has entered the fray. Alphabet (nee Google) is broadening the scope of its car-pooling program to take on ride hailing, according to reports.
Meanwhile the FBI is warning of possible state election system hacks.
Mere days after firing the editors of Trending, Facebook’s newly-automated news platform featured fake news.
This Is Huge
(Well, kind of.) You can pinch-to-zoom on Instagram for iOS now.
New rules for commercial drones went into effect on Monday, and Motherboard has already declared them “a mess” for hobbyists. Hopefully Pope Francis won’t encounter any difficulties with his new model drone, presented to him by Mark Zuckerberg at a meeting in Vatican City.
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