Apple's Steve Jobs, a Silicon Valley legend for once flying a Jolly Roger up the computer company's flagpole, was hi-jacked himself. By the IRS. They demanded Jobs pony up for the 10 million company shares he was awarded in 2003. So Jobs sold off about 40 percent of it, basically selling it back to the company.
It's still pennies compared to Apple's loss in Look and Feel.
IRS has nothing on the Pirates of Silicon Valley.
Tuesday, March 28, 2006
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