Corporation tax + more things

1 minutes estimated reading time

Amazon to begin paying corporation tax on UK retail sales | The Guardian – it is good to see that Amazon is paying corporation tax. But the thing no one is asking is how does this affect businesses that might have ‘global accounts’, for instance Ford, Colgate and HSBC’s relationship with WPP? Does this mean that clients will suddenly start getting bills on a per country basis for corporation tax rather than in one place? What happens when different tax authorities have different views on what is earned where?

Why We Have an Oversupply of Almost Everything (Oil, labor, capital, etc.) | Our Finite World – some interesting economic data in here

The Savoy opens take-away eatery to provide entry point to dining | Luxury Daily – interesting that The Savoy feels the need to do local ‘sampling’

Huawei launches ‘internet of things’ operating system – – Paywall

[1501.02876] Deep Image: Scaling up Image Recognition – interesting machine learning paper from Baidu

Interview: How did an ex UX designer get 50k WeChat fans? – interesting article and plan

What will happen to Silicon Valley when demographics strangle the global economy | VentureBeat – this isn’t necessarily as bad as this article makes out mainly because many VCs are sitting on more money than they can invest anyway

The Blogging Dead: WeChat’s ‘zombie relationship’ invasion| – sounds like a classic dunbar number problem, but it is interesting that they consider it to be WeChat specific

Integrated Intelligence: IWC Connect – Luxury News – interesting wearable concept, they seem to have deliberately avoided the mistakes made by others (including AndroidWear and Apple Watch. Still not convinced however. More luxury related content here.

Seymour M. Hersh · The Killing of Osama bin Laden · LRB 21 May 2015 – I am not surprised, but the damage that this does to US is huge, particularly the body politic. I recommend reading this critique of Mr Hersh’s critics – The media’s reaction to Seymour Hersh’s bin Laden scoop has been disgraceful – Columbia Journalism Review