Charles Cooper

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John McCain Rips Into Mike Lee On The Senate Floor

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Here Comes the Sun

nytimes.com — Among the many things Tim Cook apparently learned at the knee of Steve Jobs, during his long tenure as Apple's No. 2, was how to create a "reality distortion field." Or so it would appear after watching Cook, now Apple's chief executive, testify on Tuesday at a Senate hearing on the company's tax avoidance schemes.

NYT Columnist Joe Nocera laughably calls Tim Cook a liar

tuaw.com — As we reported previously, Tim Cook and two other Apple executives appeared before Congress earlier this week to discuss Apple's tax practices. The focus of the hearing centered on how Apple manages to keep the bulk of its foreign earned cash overseas and what might be done to incentivize Apple to bring that cash back to the U.S.

Search is on for lost first draft of first Web page

news.cnet.com — Someone out there could have a missing copy of the world's first Web site from 1990. Have you checked your old floppies lately? (Credit: CERN) The first draft of the World Wide Web has gone missing, with perhaps one of the only copies of the very first Web site floating around the world's drawers or attics on a floppy disk somewhere.

Why Silicon Valley’s Heyday Might be Over

linkedin.com — In 2002, PayPal, the online payments giant, was sold to eBay for a cool $1.5 billion. Overnight, many of PayPal's core employees got very rich. Rather than calling it a day, however, the so-called PayPal mafia went on to found and invest in a wave of new start-ups.

Why Quantitative Easing Isn't Printing Money

cnbc.com — Bank ABC has only shuffled the composition of its portfolio around. It's exchanged bonds for reserves in what is no more than an asset swap. There is no increase in the size of its balance sheet. The central bank's balance sheet, on the other hand, grows substantially.