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In this Feb. 8, 2012 file photo, two workers chat each other at Facebook headquarters in Menlo Park, Calif. Facebook co-founder Eduardo Saverin, not shown, has renounced his U.S. citizenship, a move expected to save him hundreds of millions of dollars in taxes stemming from the company's impending initial public offering. The Brazil-born 30-year-old became a U.S. citizen in 1998 but has lived in Singapore since 2009. Saverin's move has caused controversy in the U.S. Pic: AP

Asia tax terms entice U.S. citizens

By Elmer W. Cagape Fri, May 18, 2012 11:11PM UTC View Comments

The high-profile move by Facebook co-founder Eduardo Saverin to give up his US citizenship (he holds a Brazilian passport) while settling in Singapore casts a fresh discussion as to whether it’s worth giving up one’s American passport and settle to a place with charges less tax and maintain healthy bank accounts. One of the main...

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Facebook co-founder Saverin dumps US for Singapore

By AP News Tue, May 15, 2012 2:31PM UTC View Comments

SINGAPORE (AP) — Eduardo Saverin’s spokesman says the Facebook co-founder has renounced his U.S. citizenship, a move that could save him hundreds of millions of dollars in taxes. New York-based spokesman Tom Goodman said Tuesday that the Brazil-born 30-year-old decided it was “more practical to become a resident of Singapore since he plans to live...

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Philippines school bans girl over Facebook bikini photo

By AP News Wed, Mar 28, 2012 9:15AM UTC View Comments

MANILA, Philippines (AP) — A Catholic high school in the Philippines has banned a student from graduation ceremonies because of a photo on her Facebook page showing her wearing a bikini while holding a cigarette and a liquor bottle. Education Assistant Secretary Tonisito Umali said Wednesday that the department will investigate a complaint by the...

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Twitter and the limits of social media as a news disseminator

By Nilanjan Mukhopadhyay Tue, Mar 06, 2012 3:10AM UTC View Comments

Sometime after India’s national capital and its adjoining areas were rocked by a low intensity earthquake on March 5, a noted film director tweeted: Earthquake in Delhi at 1.11pm. Twitter swamped by 1.12pm. News channels reported by 1.30pm. Twitter better for News. One was not watching news channels at that time so would not know...

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Did Thai report really say Facebook ’causes teen pregnancy’?

By Siam Voices Mon, Mar 05, 2012 12:00PM UTC View Comments

By Saksith Saiyasombut Last week, we have reported on a report by the National Economic and Social Development Board (NESDB) that suggests that “Facebook partly causes teen pregnancies“. While this assertion is still totally laughable, I grew somehow skeptical about the English language article the previous post was based on. Upon further study of the original...

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