Paper: Ireland considering reform of corporate tax system

DUBLIN (Reuters) - The Irish government is examining options to close a loophole in its tax system that has allowed multinational companies to significantly reduce taxes they pay on profits, the Sunday Business Post newspaper reported.

Ireland has been criticized by British and U.S. legislators in recent weeks for the fact that multinationals like Apple and Google reduced their global tax bills by channeling profits through Irish subsidiaries.

The Sunday Business Post said Ireland's finance ministry was examining options to phase out the "Double Irish", a tax avoidance technique in which multinationals funnel profits through two linked Irish subsidiaries.

Google's international headquarters in Dublin made tax-deductible payments to a Bermudan subsidiary via a Dutch affiliate in a related arrangement known as a "Double Irish Dutch sandwich."

The Sunday Business Post did not detail what changes might be made to the Irish tax system.

A spokesman for Ireland's finance ministry did not immediately reply to a request for comment.

Irish government ministers have said the country's tax system is fair and transparent and that international efforts are needed to curb large scale tax avoidance by multinational companies.

(Reporting by Conor Humphries; Editing by Helen Massy-Beresford)

Source: http://news.yahoo.com/ireland-considering-reform-corporate-tax-system-paper-101516571.html

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Tilda Swinton brings erudite vampires to Cannes

CANNES, France (AP) ? Tilda Swinton injects her own brand of otherworldly-cool into Jim Jarmusch's latest movie "Only Lovers Left Alive," an unusual comedy that puts a spin on the age-old vampire genre.

The film, the last English-language entry competing for the Cannes Film Festival's Palme d'Or, sees Swinton play Eve, a grungy but erudite vampire ? who's married to a forlorn vampire musician, Adam, played by Tom Hiddlestone. Several-hundred-year-old Adam ? of Biblical fame ? has been living quite happily ever since being expelled from the Garden of Eden.

That is, until the 21st century came along with its excesses and greed and pushed him into a full-flung existential crisis. He cracks, and orders a wooden bullet to kill himself.

With such a wacky plot, it's no surprise the film nearly didn't get made. It took seven years to find a backer ? which Jarmusch says is because producers won't take creative risks anymore.

"I wanted to make a vampire love-story...The reason it took so long was that no one wanted to give us the money. It's getting more and more and more difficult for films that are maybe a little unusual or not predictable or not satisfying the expectations of everybody ? which is the beauty of cinema, discovering new films of all forms."

He added: "But look, now we're here at Cannes."

Lovers of independent cinema and vampire fans should certainly be pleased the film saw the light of day, or perhaps, night. It quirkily spruces up vampire lore. Adam and Eve are not about blood-sucking and murder ? but refined lovers of literature, science, music and learning in general.

When Eve's estranged sister "drinks Ian," a friend, to death, Eve tells her off, saying that in the 21st century people just won't understand such barbarity. (The verb "drink," instead of "blood-sucking," was one of the many moments that provoked raucous laughter from spectators.)

It's not like they can just dump the bodies in the Thames with the tuberculosis sufferers like in old times, she says. Now, in the 21st century, they get their blood from the blood-transfusion section of a hospital. Alongside this, John Hurt plays a vampire Christopher Marlowe, who's still bitter that Shakespeare became more famous.

Swinton said the film provided a unique opportunity to reinvent the vampire genre.

"There's a feeling of beautiful luxury about approaching this kind of portrait, because you can come with a Martian's-eye view... We were able to create our own lexicon," she said. For instance, in the film the vampires elegantly cover their mouths and have a strange ritual with gloves that goes unexplained.

At heart, the film is the love story between Adam and Eve, who try to rekindle their love despite living in different places, he in Detroit and she in Tangiers. It is as touching as it is odd.

"We knew we needed to show a long love story ... that was so evolved that what they actually say to each other is the tip of the iceberg of a conversation they've been having for 500 years," Swinton said. "That was very interesting. We wanted to show a couple who are trying to stay together. Trying to live obviously, but also trying to live together."

In one comic moment, Eve looks at a grainy photo where they're both dressed in 19th century clothing. "Our third wedding," she sighs.

The love story between immortal beings also raised philosophical questions for leading man Hiddlestone, who said playing Adam was a "fascinating prospect" ? a chance of breaking away from the more conventional superhero roles, such as the villain Loki in 2011's Marvel Studios film "Thor," for which he is the most famous.

"The idea of exploring love in the context of immortality ? is (it) a blessing because it recurs, and what does that do to your commitments?" he said.

When news originally got out that Jarmusch, the director of 1999's dark samurai film "Ghostdog," which was also nominated for the Palme d'Or, was going to do a love film on vampires, many were left unconvinced. But Swinton was not one of them and backed the project from the start.

"I was never surprised," she said. "I felt like saying (Jim) you've been making vampire films for years."

___

Thomas Adamson can be followed at Twitter.com/ThomasAdamsonAP

Source: http://news.yahoo.com/tilda-swinton-brings-erudite-vampires-cannes-170347715.html

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Jon Stewart Says the DOJ Should Go After Wall Street Instead of Potheads

Ultimately, many of the photos and cellphone records of Trayvon Martin released online Thursday by George Zimmerman?s defense attorneys ? indicating that the slain teenager smoked marijuana, got into fights at school, and had an interest in, and perhaps access to, guns ? may be ruled inadmissible in court. But they are already making the rounds in the court of public opinion, which can influence everything from fundraising efforts to the mind-set of potential jurors in Mr. Zimmerman's murder trial.

Source: http://news.yahoo.com/jon-stewart-says-doj-wall-street-instead-potheads-124024327.html

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Pacers steal Game 2 from Heat, 97-93

Miami Heat forward LeBron James (6) hangs from the basket after dunking the ball during the second half of Game 2 in their NBA basketball Eastern Conference finals playoff series against the Indiana Pacers, Friday, May 24, 2013, in Miami. (AP Photo/Lynne Sladky)

Miami Heat forward LeBron James (6) hangs from the basket after dunking the ball during the second half of Game 2 in their NBA basketball Eastern Conference finals playoff series against the Indiana Pacers, Friday, May 24, 2013, in Miami. (AP Photo/Lynne Sladky)

Indiana Pacers forward David West (21) attempts a basket over Miami Heat defender Chris Bosh (1) during the first half of Game 2 in their NBA basketball Eastern Conference finals playoff series, Friday, May 24, 2013, in Miami. (AP Photo/Lynne Sladky)

Miami Heat guard Dwyane Wade (3) looks to pass the ball as Indiana Pacers center Roy Hibbert (55) and forward Paul George (24) defend during the second half of Game 2 in their NBA basketball Eastern Conference finals playoff series, Friday, May 24, 2013, in Miami. (AP Photo/Alan Diaz)

Indiana Pacers center Roy Hibbert (55) shoot the ball as Miami Heat center Chris Bosh defends during the first half of Game 2 in their NBA basketball Eastern Conference finals playoff series, Friday, May 24, 2013, in Miami. (AP Photo/Lynne Sladky)

Indiana Pacers head coach Frank Vogel signals to his team during the first half of Game 2 in their NBA basketball Eastern Conference finals playoff series against the Miami Heat, Friday, May 24, 2013, in Miami. (AP Photo/Lynne Sladky)

MIAMI (AP) ? David West punched two passes from LeBron James away in the final minute, then punched the air.

He had plenty of reason to celebrate.

The Eastern Conference finals are tied, and home-court advantage now belongs to West and the Indiana Pacers.

Roy Hibbert scored a postseason career-high 29 points and grabbed 10 rebounds, West broke up two passes by James for huge turnovers, and the Pacers evened the East title series at a game apiece with a 97-93 victory over the Miami Heat in Game 2 on Friday night.

"We haven't done anything yet," Hibbert said. "We haven't closed the series out. We won one game. A lot of us feel we should be up 2-0."

Paul George scored 22 points, George Hill added 18 and West finished with 13 for the Pacers, who handed the Heat just their fourth loss in their last 50 games, closed the game on a 13-5 run ? and denied one of the game's best playmakers in James twice in the final moments to finish it off.

"There's only like one person that's more scarier than that," Hill said, speaking of James. "And that's, you know, God."

The series resumes with Game 3 on Sunday night in Indianapolis.

"It's one of the best basketball games I've ever been a part of," Pacers coach Frank Vogel said. "It wasn't about LeBron making mistakes down the stretch. He played one of the best basketball games I've ever seen anybody play. We were just able to make a couple plays late in the game."

More specifically, West made a couple plays late in the game.

"These are two close, competitive games that can go either way," Heat coach Erik Spoelstra said. "We had our opportunities. Enough opportunities."

With Indiana up 95-93, West intercepted a pass that James was throwing to Ray Allen with 43 seconds left. Indiana didn't cash in that mistake, instead turning the ball over with a shot-clock violation.

So on the next Miami trip, West denied James ? who led all scorers with 36 points ? again.

James drove to the right block, spun and tried passing out toward the perimeter. West got his right hand on that pass, knocking it off-course and into the hands of Hill, then extended his hand skyward.

The Pacers ? just as they did in the second-round series last year ? knew they were winning Game 2 in Miami. Hill made two free throws with 8.3 seconds left to clinch it, and just like that, the series was tied.

Game 1, Miami won it with James coming through at the end.

Game 2, the Pacers simply took away the MVP's opportunity.

"We've been able to maintain our composure throughout the year," West said. "That's helped us throughout these playoffs and especially in environments like these."

The Heat got 17 points from Chris Bosh and 14 from Dwyane Wade. The Heat led 88-84 in the fourth quarter, only to let the lead, the game and the home-court edge slip away, and James had almost an expressionless look afterward.

"Nothing broke down," Wade said. "He's going to be hard on himself. He saw guys open, but West was able to get his arms out there at the last moment."

Lance Stephenson scored 10 for the Pacers.

The Heat trailed for virtually all of the game's first 30 minutes, then tied the game three times in the third quarter ? but Indiana always had a response. When the game was tied at 60, the Pacers scored seven of the next 10 points. Tied at 67, George quickly had a layup to put the Pacers back on top. Tied at 69, George struck again, this time with a jumper.

With 5.1 seconds left in the third, George drove the lane and finished a highlight-reel dunk over Miami's Chris Andersen while getting fouled, the free throw putting the Pacers up by five. James connected on a long 3-pointer to close the quarter, then he and George exchanged a few words afterward and slapped each other's hand as if to say, "here we go."

Sure enough, the show was just getting started.

"We had our chance tonight," Bosh said.

Hibbert was creating one problem after another for Miami, so James took it upon himself to challenge him in the fourth. And with about 8 minutes left, he swatted a putback attempt away from the 7-foot-2 Indiana center, starting a play that ended with Chalmers scoring at the other end to give Miami an 85-84 lead.

On the next possession, James tied up a rebound with Hibbert, then won the ensuing jump ball. Not long afterward, Bosh made a 3-pointer and Miami's lead was up to 88-84 ? its biggest of the night.

"We just didn't finish the game like we're capable of," Spoelstra said.

Indiana scored the next five points to reclaim the lead. James' three-point play with 3:32 left put the Heat on top 91-89, and Hibbert answered that with a jump hook over the reigning MVP to tie the game for the 10th time.

Frantic to the finish, again. And this time it went Indiana's way.

"Heck of a basketball game, wasn't it?" Vogel asked afterward.

If there was any remaining lament from losing Game 1 on the final play of overtime, the Pacers didn't show it. They trailed for all of 15 seconds in the first half, and after neither team held a lead of more than seven in the series opener, Indiana found itself leading by 10 late in the first quarter and by 13 with a minute to go before intermission.

Hibbert was either unguarded or unguardable, making six of his eight shots in the first two quarters and getting to the line on the way to a 19-point half. West, Hill and George combined for 27 more before the break, and when Hibbert scored with 1:25 left the Pacers' lead was 53-40.

The Heat needed less than a minute to erase more than half of that deficit.

James made a pair of free throws with 59.1 seconds left, Chalmers had a layup and Mike Miller ? who hadn't taken a shot since May 8, but checked in with 3:23 remaining in the half after Allen and Shane Battier continued to struggle from the outside ? connected on a 3-pointer as time expired, pulling Miami within 53-47 at the break.

And when Indiana went up nine early in the third quarter, Miami responded with another burst, this time an 11-2 run highlighted by a spectacular reverse dunk by James and capped by two baskets from Wade, the last of which knotted the game at 60-all.

By then, it was clear.

Just like Game 1, this one wouldn't be decided until the end.

NOTES: South Florida resident Jozy Altidore of the U.S. men's national soccer team was among those in attendance, two days before he's set to report to Cleveland and begin training camp for the upcoming World Cup qualifiers. Other celebs in the crowd included newly retired football star and Miami Hurricanes great Ray Lewis, Baseball Hall of Famer Cal Ripken Jr. and Rosie O'Donnell. ... The Pacers were called for four technicals (one a defensive 3-second) in a 4-minute span of the second quarter. ... Indiana reserve Sam Young sprained his left ankle in the third quarter. ... Indiana was not planning to fly home after the game, instead staying in Miami one more night and avoiding getting back to Indianapolis around 4 a.m. or even later.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2013-05-25-BKN-Pacers-Heat/id-2060731c701a4ef5bd862a7fa21f9cf4

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Samsung, LG join forces with Korean cable companies to push UHDTV content

No matter how many 4K TVs hit shelves, without native content their appeal will likely remain limited. Samsung and LG are working to change that, at least in their home country, by announcing a memorandum of understanding with five Korean cable operators (Hyundai HCN, CJ HelloVision, C&M, CMB and T-Broad) to boost 4K TV broadcasts. We could see both live and on-demand 4K programming by the end of this year or early next year, made available via apps on smart TVs and streamed through South Korea's abundant high speed internet connections. Still not enough resolution for you? Just last week, Japan's NHK showed off the first 8K Super Hi-Vision narrative film at the Cannes Film Festival. We'll let you know when all of these developments add up to Ultra HDTV content viewable in your neck of the woods, but for now early adopters will have to make do with mostly upscaled content like Sony's Mastered in 4K 1080p Blu-ray discs.

Filed under: Home Entertainment, HD, Samsung, LG

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Microsoft's Xbox didn't violate Google patent, says ITC

microsoft

Diane Bartz Reuters

13 hours ago

WASHINGTON ? Microsoft won a round in a complex patent war on Thursday when the International Trade Commission said the company's popular Xbox entertainment system did not violate a patent owned by Google subsidiary Motorola Mobility.

If the ITC had found that Microsoft infringed, it could have barred the Xbox from being imported into the United States.

The fight over the Xbox is related to a larger smartphone patent war between Apple, Microsoft and the mobile phone makers who use Google's Android software, including Motorola Mobility.

Motorola Mobility originally accused Microsoft of infringing upon five patents when it filed its complaint in 2010. Four were dropped in ensuing months, leaving just one ? a patent which allows devices to communicate wirelessly over short distances.

"This is a win for Xbox customers and confirms our view that Google had no grounds to block our products," David Howard, a Microsoft deputy general counsel, said in a statement.

Motorola was "disappointed with this decision" and is evaluating its options, a company spokesman said in a statement.

Technology companies have spent billions of dollars to buy patent portfolios, and still more money litigating patent cases around the world.

The Xbox case has seen many twists and turns since it was filed in late 2010.

In April 2012, ITC Judge David Shaw said in a preliminary decision that Microsoft infringed four patents and did not infringe on a fifth. But instead of deciding the case, as is usual, in June 2012, the trade panel sent the case back to the judge for reconsideration.

In January, following an antitrust settlement with federal regulators, Google asked a trade panel to drop two patents from the complaint because they were essential to a standard. These types of patents ensure interoperability and get special treatment.

Google had promised the Federal Trade Commission that it would no longer request sales bans based on the infringement of standard essential patents.

By that time, just one patent remained. In March, an ITC judge said that Microsoft did not infringe that technology and recommended that the case be terminated. The full ITC followed that recommendation on Thursday.

The case is at the International Trade Commission, No. 337-752.

Copyright 2013 Thomson Reuters.

Source: http://feeds.nbcnews.com/c/35002/f/653377/s/2c548232/l/0L0Snbcnews0N0Ctechnology0Cmicrosofts0Exbox0Edidnt0Eviolate0Egoogle0Epatent0Esays0Eitc0E6C10A0A58883/story01.htm

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