Tech Giants Donate $750 Million In Goods and Services To Underprivileged Schools
mrspoonsi sends news that a group of major tech companies has combined to donate $750 million worth of gadgets and services to students in 114 schools across the U.S. Apple is sending out $100 million worth of iPads, MacBooks, and other products. O'Reilly Media is making $100 million worth of educational content available for free. Microsoft and Autodesk are discounting software, while Sprint and AT&T are offering free wireless service. This is part of the ConnectED Initiative, a project announced by the Obama Administration last year to bring modern technology to K-12 classrooms. The FCC has also earmarked $2 billion to improve internet connectivity in schools and libraries over the next two years. Obama also plans to seek funding for training teachers to utilize this infusion of technology.
So, Apple's donating stuff which costs them money to make (hardware). O'Reilly is giving stuff which doesn't cost them much, if anything (incremental cost). Kudos for that freebie, but Microsoft and Autodesk are likely making a profit with a "discount" on things with virtually no incremental cost. They probably consider it like advertising - they expect to make even more from future sales. Sprint and ATT are somewhere in between.
"National Security is the chief cause of national insecurity." - Celine's First Law
Apple is giving away HARDWARE and Microsoft is offering a discount on software.
I'd be ashamed to work for Microsoft right now.
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I don't get it. Why not tax corporations properly and legislate against their exploitation of tax havens? With more government revenue you can properly fund the education system without having to rely on the condescension of corporate largess. The G-20 is meeting soon. Sounds like an ideal time to reform international tax law.
How about we just have Apple (and many other mega-companies) pay taxes at a reasonable rate then we won't need to fund education from "charity" (plus don't forget that the $100M is tax deductable, so it part of another tax loophole. Details here: http://www.americansfortaxfair...