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US Treasury Hacked

Russian government hackers are behind a broad espionage campaign that has compromised U.S. agencies, including Treasury and Commerce

• According to the Washington Post, 
• Russian government hackers breached the Treasury and Commerce departments, along with other U.S. government agencies, as part of a global espionage campaign that stretches back months
• The Russian hackers, known by the nickname Cozy Bear, are part of that nation’s foreign intelligence service, the SVR
• The treasury was hit via an update to a network management system made by the firm SolarWinds
• SolarWinds said the network system was surreptitiously weaponized in a “highly-sophisticated, targeted . . . attack by a nation state.”
• It’s not just the government agencies - SolarWinds has some of the biggest names in the world as clients, including government, consulting, technology, telecom, and oil and gas companies around the world. 
• The exploit was discovered by FireEye, a security firm which was also running SolarWind and also exploited Sunday. 

ATO reveals biggest tax dodgers in tech 

ATO reveals the IT giants that paid zero tax last year

• The Australian Taxation Office has published its sixth annual corporate tax transparency report, which discloses the 2018-19 tax bills of the largest companies operating in the country.
• It covers over two thousand public and foreign-owned companies with incomes of $100 million or more
• The report shows that 741 of these companies paid no tax in Australia in 2018, including four IT companies that generated a taxable income – and that is somehow an improvement of previous years.
• Tech companies avoiding tax include IBM, which had a taxable income of $60 million on revenue of $3.26 billion, as well as Netcom Wireless, Toshiba and Unisys.
• Vodafone and NBN Co made a loss last year, and paid no tax
• Atlassian, which – like IBM – paid no tax in the last three years, paid a tax bill of $11 million on a taxable income of $56.8 million in 2018-19 - an effective tax rate of 19 percent.
• iTnews has the whole list of who paid what if you want to go check 
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Apple killed gawker show

Apple TV Was Making a Show About Gawker. Then Tim Cook Found Out.

• According to the New York Times, Tim Cook specifically stepped in to nix a series on Gawker
• That’s just one of the juicy tidbits 
• Gawker was home to some of the most sensationalist blogs on the web, including Valleywag, which covered tech 
• Mr. Cook was surprised to learn that his company was making a show about Gawker, which had humiliated the company at various times and famously outed him, back in 2008, as gay.
• Some other fun details - a Dr Dre biopic was cancelled due to too much drugs and nudity
• Apple TV shows shouldnt show busted phones.. 
• And more seriously, Apple exec Eddy Cue has asked no series show China in a bad light 
• Gawker was eventually sue out of publication by Hulk Hogan, after the dite published a sex tape of his. 
• It was later revealed tech mogul and Facebook shareholder Peter Thiel had secretly financed the lawsuit, to get back at outing him. 

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