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The Panama Papers leak has captured heads of state like Vladimir Putin and the leader of Iceland, but it hasn't mentioned many Americans, at least so far. Why? Perhaps because America is a pretty great place for rich Americans to hide their money. Meanwhile, the law firm at the center of the shell company-tax evasion scandal, Mossack Fonseca, is scaling back its operations now that -- in its own words - "the cat is out of the bag."
[Blake Schmidt | Bloomberg]
Salesforce, buying into the latest Silicon Valley craze, acquired the deep learning artificial intelligence startup MetaMind for an undisclosed amount of cash. This was more likely about snagging MetaMind's talent than its language processing business.
[Arik Hesseldahl | Re/code]
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