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Joined 2 years ago
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Cake day: June 12th, 2023

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  • Yet it is.

    You can go to a company and ask to buy their office building. Or the name trademark. Or staff. Or customer database. Or website. And you continue this until you’ve acquired literally everything the company has except the actual company itself - it’s called an “asset acquisition” - so you get all the stuff, but because the original company technically still exists it’s left with most of the liabilities.
    Most, because some liabilities thankfully do transfer.

    In this instance:

    According to VPNSecure’s owners, their acquisition netted them “the tech, the brand, and the infrastructure/technology—but none of the company, contracts, payments, or obligations from the previous owners.”

    …how you can claim not to have gotten the contracts, yet be in a position to cancel them sound a bit of a, well, lie.







  • I’m fairly certain he pays every last cent he government asks of him.
    The problem is that the government has been unwilling to ask for more, and the current one certainly won’t.

    He has been advocating for higher taxes for while though, like backing the Washington Income Tax initiative with his father:

    Bill Gates Sr., father of the Microsoft Corp. co-founder, and about two dozen other supporters of Initiative 1098 turned in 350,000 petition signatures Thursday in Olympia, many more than the roughly 241,000 required to get on the ballot. The campaign says it will turn in an additional 20,000 Friday. Gates said that it was time “to make our tax code fair for the middle class and small businesses.”