President Trump’s obsession with Amazon has reportedly cost the US business $53 billion , but right or wrong on any one point, his stance on Amazon’s penchant for dodging federal taxes reeks of hypocrisy , and his latest accusation about failing to pay state taxes simply wrong.
So Huawei is both flourishing and perishing, depending on the geography you look at. The Chinese company is both the darling of major pan-European carrier networks like Telefónica, Deutsche Telekom, and Vodafone — and the untouchable pariah for US operators wary of its potential links to international espionage. There’s an obvious dissonance between these two positions, and I find it notable that Germany and the UK both rely heavily on Huawei for networking equipment. The first is a country famous for being extremely scrupulous about consumer privacy and data security, and the second is America’s closest political ally. At this point, it feels like US spy agencies have to either put up concrete allegations and evidence of wrongdoing on Huawei’s part, if there is any, or allow the company to carry on its business. The burden of proof is on the accusers.
Ultimately, it all boils down to this: Huawei never did much business in the US, and so losing out on the market opportunity is costly but not a total disaster; the US, on the other hand, has landed in an uncomfortable duopoly situation that strangles consumer choice. The US phone market needs a respectable third player more than Huawei needs the US market.
Source: Tesla Bonds Are in Free Fall
It is no great surprise that Tesla hemorrhages cash. As we pointed out last month when they reported Q2 earnings, making products that actually generate a return on capital for shareholders isn’t a strong suit of the Silicon Valley powerhouse.
Are two Motel 6 locations in Phoenix routinely sending in leads to immigration agents when they suspect guests of being undocumented? While an investigation by the Phoenix New Times was unable to get confirmation from Motel 6 headquarters, employees at the motels in question said that collaboration with Immigration and Customs Enforcement (ICE) is standard practice: “We send a report every morning to ICE—all the names of everybody that comes in,” a front-desk clerk told the New Times .
Those hoping to find out if their Social Security number and other identifying info was stolen, along with a potential 143 million other American’s data won’t find answers from Equifax. In what is an unconscionable move by the credit report company, the checker site, hosted by Equifax product TrustID, seems to be telling people at random they may have been affected by the data… Read More
Gab is an app similar to twitter but it has a more permissive speech policy. According to company spokesman Utsav Sanduja, “Whatever is permissible under the First Amendment is what Gab allows onto its site.” Gab has attracted some users from the alt-right and seemingly for this reason Gab has been banned by both Google and Apple.
Source: Should Apple and Google Ban Gab?