Imagined boardroom meeting: “A free blogging platform? This could be another tax write-off for us, guys!” “But we already pay no taxes!” “Buffer room, my friend, buffer room.” You know what? Actually they’re so big and bloated that they probably caused Tumblr’s downtime last night by signing up for the service.
» And some companies don’t even pay: Two notably large companies that don’t pay any taxes … and in fact owe less than nothing somehow? General Electric and Pepco. (On a side note: DC residents looooooove Pepco, because the power goes out all the time around here.) Both companies defend their businesses practices.
General Electric’s impressive profits not impressive enough: Because really, nobody gives a crap that your multi-billion-dollar company has a massive jump in profit. You need to do it with style or go home. (Seriously, does anything impress these investors these days? Does GE’s CEO have to tell investors of the huge jump in profits while walking on his hands and hula-hooping? Because that wold impress us. But would that impress investors?)
Would you look at that? The article our last post was based upon was removed. Well, guess what? It’s apparently a hoax. ABC World News’ Tumblr put it like this: “Just an fyi, this is actually a hoax. The website where this is posted is GENEWSCENTERS.COM. GE’s real Website is GENEWSCENTER.COM” It’s a good thing the AP is falling for hoaxes and letting this stuff get on the wire.
» Moral of the story: The AP really annoys the crap out of us sometimes.
» That is, obviously, a lot of Boron. The Japanese are hoping this emergency shipment from the South Korean government will help them stabilize the reactor crises happening at the Fukushima Plant. The element, which is crucial in the process of stopping nuclear reactions, will be mixed into the seawater that’s being used to try to cool the fuel rods. South Korea is really coming through for Japan on this one; their own Boron stockpile has been mostly used up at Fukushima.
Before you know it my iPhone can’t turn it’s screen off because I’m getting near constant push notifications of retweets.Twitter user (and SFB reader) Eric Fadden • Explaining how he became something of a Twitter celebrity yesterday after a key point that he made in the Keith Olbermann saga received 2,500 retweets. The tweet? “Gotta love the new campaign contribution rules. Keith Olbermann donates as a citizen and gets suspended. A corp can give & remain nameless.” Fadden says that around 90 percent of the tweeters agreed him, but the other ten percent were very critical. To that, he says: “Has the polarization gotten that bad where we would mock one of our own as their rights are trampled by their employer…nay, even worse, when that employer enjoys more protection than those it employs?” Good point, Eric. It’s good to point out that the game is a little different for journalists, but Olbermann is biased and should not be held to the standard of a reporter. Meanwhile, General Electric can anonymously influence the electoral process as they choose. source (via • follow)