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What’s Apple’s tax bill in New Zealand? Why it’s zero, niet, nada.

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Why is Silicon Valley so cruel to New Zealand? First we discover PayPal founder and Trump acolyte Peter Thiel is a secret citizen, now it's emerged Apple pays the country absolutely nothing in taxes. 

Apparently the tech giant paid no income tax on local profits to Inland Revenue over the past 10 years, because its local operations are owned and run out of Australia.

According to financial documents examined by the New Zealand Herald, this was despite Apple Sales New Zealand making sales of NZ$4.2 billion ($2.96 billion) since 2007.

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Medium’s next big idea to ‘fix’ the internet: $5 subscriptions

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Ev Williams wrote at the start of 2015 that he was taking Medium in a new direction because ad-driven media on the internet was "broken."

The future? Subscriptions.

"Medium will remain the best place to share ideas that matter and to find independent voices and fresh perspectives  —  for free. For members, it will get better. For $5 per month (introductory price), you’ll get two upgraded aspects..." he wrote in a blog post published Wednesday. 

Those aspects are a new reading experience that Medium has yet to roll out (and will feature a select list of curated stories), along with better content thanks to a pledge to give all subscriber money, for the first few months, to writers and publishers on its platform. After that, the subscriptions revenue will split between content creators and Medium in an undisclosed way. Read more...

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Female faces of student loan debt

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Student loan debt may not be exclusive to gender, but women have a tougher time paying it off than men.

Women earn just under 80 cents on the dollar compared with men, according to the U.S. Census Bureau, and they’re paying more out of their pockets to service debt. One year after graduation, 47% of women working full time were using more than 8% of their earnings to repay their student loans, compared with 39% of men, according to a 2012 report by the American Association of University Women. Eight percent or less is, according to the report, how much borrowers could reasonably manage to pay toward student loan debt. Read more...

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Software company Atlassian came out on Wednesday with one of the first surveys about diversity to be published under the Trump Administration. And things are different now than they were five short months ago. 

Almost half of tech workers — 48 percent — told Atlassian that Donald Trump's election as president made them care more about diversity. Forty-six percent of tech employees said they cared the same about diversity before and after Nov. 8. 

More than just opinions, one in four tech employees said Trump's election made them do something related to diversity and inclusion. For tech workers who were spurred to action — as many people have been across industries and across America — 56 percent said they tried to learn more about the experiences of colleagues who were different from them.  Half said they engaged their company leaders in conversations about how to create a more inclusive work environment, and 41 percent said they "positively changed [an] attitude towards coworkers different from me."  Read more...

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Tech workers: Donald Trump’s America is forcing us to address diversity

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Diversity and inclusion shouldn't be political, but in 2017, it is. 

Software company Atlassian came out on Wednesday with one of the first surveys about diversity to be published under the Trump Administration. And things are different now than they were five short months ago. 

Almost half of tech workers — 48 percent — told Atlassian that Donald Trump's election as president made them care more about diversity. Forty-six percent of tech employees said they cared the same about diversity before and after Nov. 8. 

More than just opinions, one in four tech employees said Trump's election made them do something related to diversity and inclusion. For tech workers who were spurred to action — as many people have been across industries and across America — 56 percent said they tried to learn more about the experiences of colleagues who were different from them.  Half said they engaged their company leaders in conversations about how to create a more inclusive work environment, and 41 percent said they "positively changed [an] attitude towards coworkers different from me."  Read more...

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This startup is turning waste plastic into the very roads we use every day

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Plastic is a problem. It’s a problem that Scottish startup MacRebur is taking on one mile at a time.

MacRebur is aiming to challenge three major world issues: Repurposing millions of tonnes of waste plastic, saving millions in the cost of road repairs and strengthening our existing roads. The idea for the startup was born when CEO and co-founder Toby McCartney - who happens to live on a road plagued by potholes himself (delete ‘himself’) - visited India and witnessed people melting down plastic they found on local landfill sites to repair potholes. While the method he witnessed on that trip wasn’t particularly environmentally practical, McCartney left with the idea of using waste plastic to replace and reinforce the roads here in the UK and beyond. Read more...

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The Art of the Pitch

 Vitaly M. Golomb leads global investments at HP Tech Ventures, the corporate venture arm of Silicon Valley’s original startup and is the author of Accelerated Startup, a book about ramping up your business. Below is a fascinating excerpt from the book about Golomb’s favorite thing: pitching. If you’ve ever seen me speak at an event, you have probably noticed that I get… Read More
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Instagram will help you book a haircut

Instagram will soon be about more than browsing your friends' photographic adventures. The social service tells Bloomberg that it will soon add an option to book appointments by visiting a company's profile. Yes, you could schedule that overdue hai...
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Instagram will help you book a haircut

Instagram will soon be about more than browsing your friends' photographic adventures. The social service tells Bloomberg that it will soon add an option to book appointments by visiting a company's profile. Yes, you could schedule that overdue hai...

The Facebook-owned app got a new interface (black and white), a new logo (bright colors) and a new product that sounds and looks quite a bit like Snapchat Stories. To sound like a TV ad (or an Instagram spokesperson), that's not all! It's true: Instagram unleashed more updates last year than it ever had before. 

But now we're in 2017, and Instagram wants to make sure all those changes and its future steps help the app grow more and, importantly for Wall Street, support a lucrative and sustainable business. Ad sales on Instagram are expected to reach nearly $3 billion by 2017, according to eMarketer, up from $60 million in 2015.  Read more...

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Instagram had a crazy 2016. With 1 million advertisers, here’s what’s up in 2017.

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2016 was the "defining year for Instagram," says James Quarles, Instagram's VP of Business. 

The Facebook-owned app got a new interface (black and white), a new logo (bright colors) and a new product that sounds and looks quite a bit like Snapchat Stories. To sound like a TV ad (or an Instagram spokesperson), that's not all! It's true: Instagram unleashed more updates last year than it ever had before. 

But now we're in 2017, and Instagram wants to make sure all those changes and its future steps help the app grow more and, importantly for Wall Street, support a lucrative and sustainable business. Ad sales on Instagram are expected to reach nearly $3 billion by 2017, according to eMarketer, up from $60 million in 2015.  Read more...

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‘Follow your passion’ is wrong, here are 7 habits you need instead

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It’s common wisdom. Near gospel really, and not just among young people and founders. Across generational lines, sentiments like those from Steve Jobs’ 2005 commencement at Stanford have been engraved into our collective consciousness:  

“The only way to do great work is to love what you do. If you haven't found it yet, keep looking. Don't settle.” 

In other words, follow your passion. There’s just one problem: “‘Follow your passion’ is dangerous advice.” 

That’s a troubling claim, but it comes straight from Cal Newport’s investigation into “the details of how passionate people like Steve Jobs really got started” as well as what scientists say predicts happiness and fuels great accomplishment.  Read more...

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