Archive | October 21st, 2010
Google Spends More Lobbying Congress
For the first nine months of 2010, Google spent $3.92 million, approaching the $4.03 million the search giant spent wooing federal officials in all of 2009, Senate disclosure records show. “Google has a group of well-connected lobbyists and is willing to spend freely to influence federal lawmakers and regulators,” says John M. Simpson, director of Consumer Watchdog’s Inside Google Project. “They appear to be on track to spend a total of $5 million to peddle influence this year.”
Continue reading...Google cuts billions from its taxes through complex overseas tax dodges
21. October 2010
Google Inc. has dodged $3.1 billion in taxes in the last three years, reports Jesse Drucker of Bloomberg, giving new meaning to CEO Eric Schmidt’s recent comment to analysts: “We love cash.” The question now is how much longer Goolge can continue to draw on its positive image as the “Don’t-Be-Evil” company.
Continue reading...Google increases spending on lobbying to $1.2 million
21. October 2010
SANTA MONICA, CA — Google increased its spending on lobbying 11 percent over the previous year to $1.2 million in the third quarter demonstrating the Internet giant’s willingness to spend to shape federal policy, Consumer Watchdog said today. In the comparable quarter a year ago Google spent $1.08 million. A key to Google’s lobbying effort is its well-connected Washington staff, the nonpartisan, nonprofit public interest group said.
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21. October 2010