Apple's Dodging Billions in Taxes with Irish Loophole

If you run one of the most massive operations in the history of modern capitalism, here's a handy tip: funnel your money to Ireland with a series of shell companies, and you'll pay a tax rate of two percent. It's saved Apple $74 billion over the past three years.

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With Cash Running Out, Tumblr Already Planned on Showing In-Stream Ads

Business Insider got its hands on a pitch deck from Tumblr that promises brands will be "front and center" through in-stream ads that look like normal posts, as opposed to David Karp's insistence on restricting ads to only the "Radar" and "Spotlight" sections of the platform. But upset otherkins don't have Yahoo to blame.

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Despite all the excited shouting, there's nothing particularly cheerful about Yahoo's maternal adoption of David Karp. Users are whining, investors are disappointed, pundits are ever-unimpressed, and Karp just gave up the future of his life's work for a bailout.

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Seamless and GrubHub, two nearly identical online food-ordering companies whose business model consists of providing a service that is already available for free, announced Monday that they would be merging into one giant online food-ordering hydra. The new company, which has not yet settled on a name, will enable and promote social anxiety in 500 U.S. cities by eliminating the traumatic element of "human verbal interaction" from pizza delivery. The co-founder and CEO of GrubHub will serve as the CEO of the new Sterling Cooper Draper Seamless Grubhub. The CEO of Seamless will serve as president. If your cat dies, the new organization will probably start a twitter fight with you about it.

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Source: Tumblr Made Even Less Money Than Reported Last Year

As Yahoo and Tumblr remembered the nineties by negotiating their deal in the press, almost every acquisition report quoted the same figure, first reported by Forbes in January: Tumblr made $13 million in revenue in 2012, with the "hope" that it would get to $100 million in 2013. But a source familiar with the company…

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