NBA Player Iman Shumpert Releases New Song After Cameo in Kanye’s ‘Fade’

Entertainment, Sport

g82

Cleveland Cavaliers shooting guard Iman Shumpert has released a new song, “Glory,” following his cameo appearance at the end of Kanye West’s “Fade” video.

Advertisements

John Lennon’s Killer Mark David Chapman Denied Parole for Ninth Time

Entertainment

g72

Mark David Chapman, the man who murdered John Lennon in New York City on December 8th, 1980, was denied parole for the ninth time Monday. The 61-year-old Chapman will remain behind bars at upstate New York’s maximum security Wende Correctional Facility after a three-person state parole board panel rejected Chapman’s latest parole attempt, Reuters reports.

Gene Wilder’s 10 Greatest Performances

Entertainment

g69

Everyone’s got a favorite Gene Wilder performance: to younger viewers, he’s a fondly remembered face in childhood favorites like Willy Wonka and the Chocolate Factory; to an older filmgoers, he was a brilliantly bawdy performer who owned comedy in the Seventies. At any age, however, he was one of those impossible-to-dislike actors whose very presence had a way of lifting up a film.

Three Countries Have Issued Singapore Travel Warnings Over Zika

Tech
SINGAPORE-HEALTH-ZIKA-VIRUS

Residents walk to work past a public service announcement banner against the spread of Aedes mosquitoes, a carrier for the Zika virus, at a residential block at Aljunied Crescent neighbourhood in Singapore on August 29, 2016. Singapore on August 28 confirmed 41 locally transmitted cases of the Zika virus, which can cause deformities in unborn babies, and said more infections are likely. / AFP / ROSLAN RAHMAN (Photo credit should read ROSLAN RAHMAN/AFP/Getty Images)

Australia, South Korea and Taiwan have issued warnings advising pregnant women and women trying to get pregnant not to visit Singapore, where a Zika outbreak has left dozens infected, Reuters reports.

Apple Is Expected to Debut Its New iPhone Next Week

Tech
Apple Starts iPhone 6 Sales In Germany

BERLIN, GERMANY – SEPTEMBER 19: A shopper ltries out the new Apple iPhone 6 at the Apple Store on the first day of sales of the new phone in Germany on September 19, 2014 in Berlin, Germany. Hundreds of people had waited in a line that went around the block through the night in order to be among the first people to buy the new smartphone, which comes in two versions: the Apple iPhone 6 and the somewhat larger Apple iPhone 6 Plus. (Photo by Sean Gallup/Getty Images)

(SAN FRANCISCO) — Apple is expected to show off a new iPhone next week when the company holds its fall product launch event in San Francisco.

Apple Ordered to Pay $14.5 Billion in Back Taxes

Business, Tech
Antitrust: Commission fines truck producers · 2.93 billion for

July 19, 2016 – Brussels, Belgium: EU competition Commissioner Margrethe Vestager addresses the media at EU Commission headquarters. The European Union has slapped its biggest ever cartel fine, worth $3.24 billion, on a half-dozen of Europe’s top truck producers for colluding to keep prices artificially high at the expense of consumers. Photo by: Thierry Monasse/picture-alliance/dpa/AP Images

BRUSSELS- E.U. antitrust regulators ordered Apple on Tuesday to pay up to 13 billion euros ($14.5 billion) in taxes plus interest to the Irish government after ruling that a special scheme to route profits through Ireland was illegal state aid.


The massive sum, 40 times bigger than the previous known demand by the European Commission to a company in such a case, could be reduced, the E.U. executive said in a statement, if other countries sought more tax themselves from the U.S. tech giant.

Apple, which with Ireland said it will appeal the decision, paid tax rates on European profits on sales of its iPhone and other devices and services of between just 0.005 percent in 2014 and 1 percent in 2003, the Commission said.

“Ireland granted illegal tax benefits to Apple, which enabled it to pay substantially less tax than other businesses over many years,” said Competition Commission Margrethe Vestager, whose crackdown on mainly U.S. multinationals has angered Washington which accuses Brussels of protectionism.

Online retailer Amazon.com Inc and hamburger group McDonald’s Corp face probes over taxes in Luxembourg, while coffee chain Starbucks Corp has been ordered to pay up to 30 million euros ($33 million) to the Dutch state.

A bill of 300 million euros this year for Swedish engineer Atlas Copco AB to pay Belgian tax is the current known record. Other companies ordered to pay back taxes in Belgium, many of them European, have not disclosed figures.

For Apple, whose earnings of $18 billion last year were the biggest ever reported by a corporation, finding several billion dollars should not be an insurmountable problem. The 13 billion euros represents about 6 percent of the firm’s cash pile.

As of June, Apple reported it had cash, cash equivalents and marketable securities of $231.5 billion, of which 92.8 percent, or $214.9 billion, were held in foreign subsidiaries. It paid $2.67 billion in taxes during its latest quarter at an effective tax rate of 25.5 percent, leaving it with net income of $7.8 billion according to company filings.

The European Commission in 2014 accused Ireland of dodging international tax rules by letting Apple shelter profits worth tens of billions of dollars from tax collectors in return for maintaining jobs. Apple and Ireland rejected the accusation.

“I disagree profoundly with the Commission,” Irish Finance Minister Michael Noonan said in a statement. “The decision leaves me with no choice but to seek cabinet approval to appeal.

“This is necessary to defend the integrity of our tax system; to provide tax certainty to business; and to challenge the encroachment of E.U. state aid rules into the sovereign member state competence of taxation.”

Ireland also said the disputed tax system used in the Apple case no longer applied and that the decision had no effect on Ireland’s 12.5 percent corporate tax rate or on any other company with operations in the country.

Apple said in a statement it was confident of winning an appeal.

“The European Commission has launched an effort to rewrite Apple’s history in Europe, ignore Ireland’s tax laws and upend the international tax system in the process. The Commission’s case is not about how much Apple pays in taxes, it’s about which government collects the money. It will have a profound and harmful effect on investment and job creation in Europe.”

“REVERSE ENGINEERING”

When it opened the Apple investigation in 2014, the Commission told the Irish government that tax rulings it agreed in 1991 and 2007 with the company amounted to state aid and might have broken E.U. laws.

The Commission said the rulings were “reverse engineered” to ensure Apple had a minimal Irish bill and that minutes of meetings between Apple representatives and Irish tax officials showed the company’s tax treatment had been “motivated by employment considerations.”

Apple employs 5,500, or about a quarter of its Europe-based staff, in the Irish city of Cork, where it is the largest private sector employer. It has said it paid Ireland’s 12.5 percent rate on all the income that it generates in the country.

Ireland’s low corporate tax rate has been a cornerstone of economic policy for 20 years, drawing investors from multinational companies whose staff account for almost one in 10 workers in Ireland.

Some opposition Irish lawmakers have urged Dublin to collect whatever tax the Commission orders it to. But the main opposition party Fianna Fail, whose support the minority administration relies on to pass laws, said it would support an appeal based on reassurances it had been given by the government.

PICTURES- Barrack and Michelle Obama love story

Lifestyle

g48

Like every one, theirs had a beginning

The public’s introduction to the couple came on the campaign trail in 2007, but the Obamas’ story began nearly two decades earlier when Michelle Robinson was assigned to mentor Barack Obama at the Chicago law firm Sidley & Austin. Now, their first date, a trip to see Do the Right Thing in 1989,

Amy Schumer’s New Book Is Super Jewish

Entertainment

g59.jpeg

Amy Schumer’s famous and Jewish, but you might be forgiven for not thinking of her as famously Jewish. Outside of a few references, such as her standup story about being called “Amy Jewmer” as a kid, the biggest moments in her career haven’t contained obvious references to being a Member of the Tribe. But if you wondered if Schumer’s Jewishness is important to her identity, fear not: The Girl with the Lower Back Tattoo, Schumer’s candid new book of essays, is going to give you the answer.

Darmy Adeleke – Lion Of Judah || ( @tgifoundation | http://bit.ly/2bMaUsc | #UberTalksMusic )

Uncategorized

IMG-20160802-WA0007

Damilola Adeleke is a graduate of Economics from Bowen University, Nigeria with a Masters from the University of Nottingham, UK. She has always distinguished himself in songwriting; penning revelations and spiritual mysteries with flawless, simple and profound notes of music.

100 Greatest Singers of All Time

Entertainment

g40

There’s something a bout a voice that’s personal, not unlike the particular odor or shape of a given human body. Summoned through belly, hammered into form by the throat, given propulsion by bellows of lungs, teased into final form by tongue and lips, a vocal is a kind of audible kiss, a blurted confession, a soul-burp you really can’t keep from issuing as you make your way through the material world.