Questions tagged [business]

for questions about claims based on businesses.

18 questions
148
votes
1 answer

Did Amazon pay $0 in US taxes in 2018?

Background I saw this article saying that Amazon paid $0 in corporate income tax last year. Is this true or just phrased to sound like they are getting away with paying nothing? Here's the article: Amazon’s $0 corporate income tax bill last year,…
Noah Cristino
  • 1,161
  • 2
  • 7
  • 7
75
votes
2 answers

Does Shell get $2 billion a year in subsidies from the US government?

While browsing reddit, I saw the following graphic from the Late Stage Capitalism subreddit: (Two stick figures are shown, the second one with Shell's logo for a head) This is Bob. Bob gets $1,500/year in food stamps so his family doesn't…
Mark Rogers
  • 11,324
  • 11
  • 55
  • 71
48
votes
2 answers

Has an engineer called Trevor Jackson invented a revolutionary battery allowing for a car range of 1500 miles?

Since a few days several websites report about an alleged revolutionary electric vehicle fuel cell that enables 1500 miles range: Daily Mail Online StarCarSifu unserplanet.net Citing the Mail Online: by David Rose for The Mail on Sunday …
akraf
  • 1,471
  • 2
  • 12
  • 15
17
votes
1 answer

Does limiting the price of pharmaceuticals lower the number of new treatments produced?

A recent article in Forbes arguing against the latest US Government proposals on drug pricing argued the following: Everywhere they've been tried, price controls have reduced biopharmaceutical research spending, resulting in fewer vaccines,…
matt_black
  • 56,186
  • 16
  • 175
  • 373
16
votes
1 answer

Did ARM sell more chips in 2015 than Intel has in its entire history?

Japanese telecom firm SoftBank has recently launched an agreed takeover bid for UK chip designer ARM (which doesn't make chips but designs them and has provided the overwhelming majority of technology used in mobile phone CPUs among many other…
matt_black
  • 56,186
  • 16
  • 175
  • 373
12
votes
0 answers

Did Uber, in its early startup days, hire engineers just by asking newly hired engineers "Who are the best engineers you've worked with"?

In a 2016 article, Blitzscaling, Reid Hoffman claims: In hiring, for instance, you may need to get as many warm bodies through the door as possible, as quickly as you can—while hiring quality employees and maintaining the company culture. How do…
Abushawish
  • 221
  • 1
  • 8
12
votes
1 answer

Was a package of McDonald's dipping sauce just sold for almost $15K?

Apparently, this whole weirdness started when the sauce in question was referenced in a cartoon called Rick and Morty. Here's the just over minute long video. According to Mashable, the cartoon reference led to "numerous petitions on Change.org…
Jolenealaska
  • 467
  • 2
  • 15
11
votes
2 answers

Has the oil industry made $1 trillion dollars of profit a year for 50 years?

A headline in the Guardian on July 21 2022 claims the following: Revealed: oil sector’s ‘staggering’ $3bn-a-day profits for last 50 years [Note that $3 billion/day is roughly $1 trillion per year.] In more detail, one of the sources for the…
matt_black
  • 56,186
  • 16
  • 175
  • 373
10
votes
1 answer

Do 90% of startups fail?

I have seen this claim made in several popular websites that 90% of startups fail. Two examples: When the founder of a startup company shuts down her or his business, it’s customary to pen an essay that tells the rest of the community what went…
Sakib Arifin
  • 15,705
  • 14
  • 63
  • 137
8
votes
1 answer

Are DNA testing companies building a DNA database for commercial applications?

There were a couple of articles last year regarding DNA testing companies such as 23andMe, selling data. See example articles : DNA-testing companies like 23andMe sell your genetic data to drugmakers and other Silicon Valley startups The data is…
user48138
6
votes
1 answer

Does the tipping function on Instacart pay the company instead of the shopper?

A local news story reports the following: Workers behind Instacart, the grocery delivery company and app, say they’re getting punished for getting a tip. People who shop and deliver for the app say the higher the tip, the less wage they make – and…
Avery
  • 44,313
  • 16
  • 183
  • 179
6
votes
1 answer

Do 82% of women making $100K per year in the US do it through home based businesses?

See this on social media every now and then. Any truth to it?
Kevin
  • 299
  • 1
  • 2
  • 10
6
votes
0 answers

Are two thirds of CEOs in Silicon Valley from South Asia or Asia?

Steve Bannon, Donald Trump’s chief strategist, said last year that people from Asia or South Asia are heavily represented in CEOs in Silicon Valley: When asked if he agreed, Bannon responded: “When two-thirds or three-quarters of the CEOs in…
Andrew Grimm
  • 38,859
  • 36
  • 141
  • 342
5
votes
0 answers

Do small businesses that are on the Internet grow twice as fast?

Google claims in their Project Loon video (1:07) that (transcription mine): And because small businesses that are on the internet grow twice as fast, everyone could create new opportunities for everyone. Ironically, searching Google itself does…
March Ho
  • 18,688
  • 12
  • 81
  • 109
4
votes
0 answers

Do the post offices worldwide offer the service of pursuing the addressee over the world? Did they in the past?

There is a poem named "Post" by Samuil Marshak, written in 1927. The poem tells a story of a letter being sent from Rostov to Leningrad. The addressee, Boris Zhitkov (another writer) was not found at home as he had left for Berlin. The letter,…
Anixx
  • 808
  • 6
  • 13
1
2