May 4 2009

Battle Lines Being Drawn As Obama Plans To Curb Tax Avoidance

theodp writes “Barack Obama has squared up for a major battle with big business, announcing a crackdown on offshore tax avoidance and evasion by US multinationals that’s designed to raise 0B and make it easier for companies to create ‘good jobs here at home’. Obama cited a building in the Cayman Islands where more than 18,000 US companies are housed: ‘Either this is the biggest building in the world or it is the biggest tax scam in the world,’ he said. ‘I think the American people know which it is.’ The administration says that more than a third of US foreign profits in 2003 came from Bermuda, the Netherlands and Ireland, and noted US companies paid an effective tax rate of just 2.3% on the 0bn they earned in foreign profits in 2004. Among tech companies affected by the crackdown, Microsoft joined 200 companies who signed a letter complaining that the proposed tax changes would put them at a disadvantage with their rivals, Cisco moaned that the measures ‘would adversely impact our ability to invest and grow our business in the US,’ and Google declined to comment for the time being.”

Read more of this story at Slashdot.


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May 4 2009

Nuclear Testing Helps Identify Fake Vintage Whiskey

Hugh Pickens writes “Industry experts claim the market for vintage whiskey has been flooded with fakes that purport to be several hundred years old but instead contain worthless spirit made just a few years ago. Now researchers at the Oxford Radiocarbon Accelerator Unit have developed a method that can pinpoint the date a whiskey was made by detecting traces of radioactive particles created by nuclear bomb tests in the 1950s. ‘”It is easy to tell if whiskey is fake as if it has been produced since the middle of the twentieth century, it has a very distinctive signature,” says Dr. Tom Higham, deputy director of the facility. Nuclear bomb testing in the 1950s saw levels of carbon-14 in the atmosphere rise around the world so the amount of isotope absorbed by living organisms since this time has been artificially elevated. Whiskey extracted from antique bottles is sent to the laboratory where scientists burn the liquid and bombard the resulting gas with electrically charged particles so they can measure the carbon-14 in the sample. In one recent case, a bottle of 1856 Macallan Rare Reserve was withdrawn from auction at Christies, where it was expected to sell for up to £20,000, after the scientists found it had actually been produced in 1950. “So far there have probably been more fakes among the samples we’ve tested than real examples of old whiskey,” says Higham.'”

Read more of this story at Slashdot.


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May 4 2009

SpringSource Acquires Hyperic, Possibly Set to Target Microsoft and IBM

Many sources are reporting that SpringSource has acquired Hyperic, creating a company that could go after IBM and Microsoft. SpringSource has long dreamed of being able to offer a complete open source solution that accelerates the entire build, run, manage Java application lifecycle, and Hyperic offers the last piece of the puzzle. “Regardless, the SpringSource/Hyperic combination creates a clear and present danger to IBM and Microsoft, two companies that have largely stood alone in the ability to build, run, and manage applications. It’s also a significant boon to companies looking to open source to save money and improve productivity. Is it a sign of good things to come from not only SpringSource, but also open source, generally? Time will tell, but I suspect we’re on the cusp of an aggressive and ambitious new phase in open-source competition.”

Read more of this story at Slashdot.


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May 4 2009

Super-Sensors To Sense Big Bang Output

New super-sensitive microwave detectors from the National Institute of Standards and Technology may soon tackle the question of what happened immediately following the big bang. “The new experiment will begin approximately a year from now on the Chilean desert and will consist of placing a large array of powerful NIST sensors on a telescope mounted in a converted shipping container. The detectors will look for subtle fingerprints in the CMB [cosmic microwave background] from primordial gravitational waves–ripples in the fabric of space-time from the violent birth of the universe more than 13 billion years ago. Such waves are believed to have left a faint but unique imprint on the direction of the CMB’s electric field, called the “B-mode polarization.” These waves — never before confirmed through measurements — are potentially detectable today, if sensitive enough equipment is used.”

Read more of this story at Slashdot.


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May 4 2009

Google Mows With Goats

Kelson writes “Google’s Mountain View headquarters has fields that need to be kept clear of fire hazards. This year instead of mowing them, they took a low-carbon approach: they hired a herd of goats to eat the grass for a week. ‘It costs us about the same as mowing, and goats are a lot cuter to watch than lawn mowers,’ wrote Dan Hoffman.”

Read more of this story at Slashdot.


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May 4 2009

Pork producers contend with swine flu fallout – CBC.ca


CBC.ca

Pork producers contend with swine flu fallout
CBC.ca
Canadian pork producers contend that thousands of jobs and billions of dollars are at stake because of the swine flu. Ten countries have banned Canadian pork products since the virus was found on a central Alberta pig farm.
China bans Alberta pork Vancouver Sun
CFIA wants names of staff who may have been exposed to swine flu The Canadian Press
Edmonton Journal – Financial Post – 660 News – Globe and Mail
all 720 news articles  Langue : Français
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May 4 2009

June election over EI reform unlikely: pollster – National Post


CBC.ca

June election over EI reform unlikely: pollster
National Post – David Ljunggren
Andy Clark/ReutersLiberal leader Michael Ignatieff and his wife Zsuzsanna Zsohar (R) walk to a news conference with staff at the Federal Liberal Party Biennial Convention in Vancouver on Sunday.
Are the Liberals getting ready to pull the plug? CBC.ca
Ignatieff preps Liberals for election Toronto Sun
680 News – Winnipeg Sun – Orillia Today – Toronto Star
all 801 news articles
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May 4 2009

Changing Corporate Tax Rules – BusinessWeek


FOXNews

Changing Corporate Tax Rules
BusinessWeek – Phil MintzJane Sasseen
By Phil Mintz and Jane Sasseen It appears that a level playing field depends on where your seats are. The Obama Administration on May 4 fleshed out its proposals for raising approximately 0 billion over 10 years by curbing what it says are corporate
Obama Calls for New Curbs on Offshore Tax Havens New York Times
Business groups critical of Obama's tax proposals Reuters
Los Angeles Times – U.S. News & World Report – Financial Times – New York Daily News
all 1,089 news articles
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May 4 2009

Five Best Free Data Recovery Tools

The best way to recover from unexpected data loss is to be properly prepared. With one of the following tools on hand, you’ll always be ready to save your data from the Reaper.


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May 4 2009

Exposed: the great password scandal | News | TechRadar UK

Exposed: the great password scandal How some sites are taking a cavalier attitude to your security : TechRadar UK


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