The Silicon Six have been underpaying their taxes, says Fair Tax Mark
According to some new analysis by Fair Tax Mark, some of the largest companies in silicon valley have not been paying all of their taxes. These companies have underpaid the government by $10 billion over the last ten years. These companies include Google, Facebook, Apple, and Netflix. These companies were able to use tax havens to avoid paying the full amount.
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CNBCRelated Articles
Apple lost $180 billion in market value in just one day
This year Apple became the first American company to reach a market cap of $2 trillion. Yesterday, Apple captured another record, this time for its falling share price which amounted to the biggest market cap drop for a U.S. listed company ever. The stock lost over $179.92 billion in market value. That drop is larger than the individual market caps of 470 of the S&P's 500 companies.
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FoxNews
Amazon Adding Hundreds of Tech, Corporate Jobs in North Texas
Amazon is planning to add more than 600 new tech and corporate jobs in Dallas as they expand their Tech Hub in North Texas. The expansion is part of a national expansion of hubs in Detroit, Denver, New York, Phoenix and San Diego that will create more than 3,500 jobs across the country.
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Nbcdfw
After TikTok, Trump indicates banning Alibaba, other Chinese firms in US
WASHINGTON: US President Donald Trump has indicated that he was looking to ban other Chinese-owned companies, including e-commerce giant Alibaba in the United States, days after signing an executive order targetting TikTok's parent company, ByteDance, an American TV channel reported. These banned clones include Tiktok Lite, Helo Lite, SHAREit Lite, BIGO LIVE Lite and VFY Lite.
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Indiatimes
Zuckerberg says there's 'no end in sight' for Facebook employees working from home
Facebook CEO Mark Zuckerberg on Thursday said there is no timetable for when employees will return to the company's offices amid a continuing surge in Covid-19 cases in the U.S. Zuckerberg made his comments on a call with analysts about Facebook's second-quarter results, specifically criticizing the Trump Administration for its handling of the coronavirus.
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Cnbc