Liz Gannes

Recent Posts by Liz Gannes

Google to the U.S. Government: No, You Need to Pay Us More Taxes

Google on June 21 sued the U.S. Internal Revenue Service for an $83.5 million refund related to stock warrants it granted to AOL before Google went public, as Bloomberg reported. In response to a request for comment, a Google spokesperson said, “We filed a petition challenging an outstanding issue from our 2003/2004 tax assessment. This is a domestic issue related to stock warrants and we hope to have it resolved soon.”


Latest Video

View all videos »

Search »

Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work