Archive for May 13th, 2012

Facebook founder ‘defriends’ U.S. over taxes. Something for M. Hollande to take note of?

- May 13th, 2012

Two news items. Draw your own conclusions. From the New York Times:

Eduardo Saverin, one of the founders of Facebook, officially defriended the United States in September, giving up his American citizenship for the more tax-friendly residency status of Singapore.

Mr. Saverin, who was born in Brazil and has lived in Singapore since 2010, plans to remain in the Asian island nation indefinitely. Singapore has a maximum personal income tax rate of 20 percent and no taxes on capital gains Read more…

The head of Google News on the future of journalism, objectivity, and everything else

- May 13th, 2012

Richard Gingras is the head of Google News. Here’s one of the many interesting things he had to say about journalists during a recent talk at Harvard’s Nieman Foundation:

We need to reconsider our missions and our ethical guidelines (in terms of behaviors and audience engagement, not core ethics), and the concept of objectivity. Richard sides with transparency in this debate and believes readers place their trust in the individual online rather than the brand, and expects reporters to be transparent about their views. He doesn’t buy the opaque objectivity of yore where reporters said, “Trust us,” and consumer opinion surveys bear this out. Read more…