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Year: 2005

Definition of Globalisation: world’s richest companies bilking governments of taxes due

Irish Times Article – Google saves millions in taxes thanks to its Irish operation: An effect of the arrangement is that Google Ireland, the operating company, made an after-tax profit of only €2.74 million on a turnover of €603 million…. Google Ireland paid Irish corporation tax of €1.6 million.Earlier this month the Wall Street Journal reported that an Irish subsidiary of Microsoft was helping it reduce its tax bill by at least $500 million annually.

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Web 2.0 Definition

an ethernet platform for remote computing whereby the software application paradigm is changed; from being screwed over by Microsoft for boxes of buggy operating systems, extortionately priced business applications, communications software that allows the world and their dog to play with your computer, proprietary lock-ins by changing an open programming language into a dot-netted version (XML-our-way, C-but-not-as-you-know-it, Java-remember-Krakatoa-hee-hee! etc.) all presented on a CD or DVD (now DRM’d) to a completely different collection, or not, of softwares that are offered on an ad hoc, per-user, basis on the WWW.This will allow everyone and their dog (again) to offer similar, but certainly non compatible, software platforms and business applications on the web at which point we can all be screwed by our ISP’s as well as Microsoft, the AV vendors, data warehousing and dedicated hosting companies for the pleasure of being able to work remotely with a thin client and not have cupboards full of DC’s/DVD’s and licenses.At at least if you suffer a BSoD you won’t be alone, everyone in your time zone using the system will be screaming at whoever is mad enough to offer a tech’ services department.

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