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Tech giants using offshore cash piles to earn tax-free interest from the U.S. government

LONDON (Reuters) – Four of the biggest U.S. technology groups collectively hold an estimated $124 billion in U.S. Treasury debt, much of it offshore, earning them tax-free interest, the UK’s Bureau of Investigative Journalism (BIJ) said on Thursday. The finding means Apple Inc, Microsoft Corp, Google Inc and Cisco Systems…

SocialMiner: New software allows employers to spy on Twitter, Facebook, social networks

Now, it seems, you have nowhere to hide. New software released by Cisco Systems Inc. on Wednesday makes it much easier for banks, retailers, and other businesses — including your employer — to monitor the mountain of data on social networking websites such as Twitter, Facebook and LinkedIn. The new…

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