If there was one theme that ran consistently through Tim Cook’s appearance before the Senate on Tuesday it was that the Cupertino company had not broken a single law in its fight to pay as little tax as possible. Apple Inc. (NASDAQ:AAPL) according to Cook, kept to both the spirit and the letter of the law in its tax dealings. According to the Apple Inc. (NASDAQ:AAPL) CEO, Apple did not avoid paying $9 billion...
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When Google Inc (NASDAQ:GOOG)’s servers were breached in 2009, the Chinese hackers who gained access may have been privy to some sensitive national security information. That’s according to a report by Washington Post reporter Ellen Nakashima. Details On The Chinese Hack Of Google Officials told The Washington Post that the hackers were able to access a database which contained years of information about various surveillance targets of the U.S. Hackers were believed to have...
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While speaking in front of the Senate today, Apple Inc. (NASDAQ:AAPL) CEO Tim Cook asserted that it was not just the United States corporate tax code that was broken, the country’s intellectual property regimen needs work too. Cook took time to address IP laws during his defense of Apple Inc. (NASDAQ:AAPL) tax practices around the world. An AppleInsider.com article, authored by Kevin Bostic, brought attention to the little noticed part of Tim Cook’s appearance...
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Facebook Inc. (NASDAQ:FB) could easily have bought Tumblr Inc. if it wanted to, but the social networking giant didn’t. The Mark Zuckerberg led company has experience, capital and necessary expertise. Its visual advertising in feeds generates billions of dollars every year. That’s exactly what Tumblr dreamed of becoming, says Jason Stein of CNBC. Before Yahoo! Inc. (NASDAQ:YHOO) announced its acquisition of Tumblr for $1.1 billion, there were reports that Facebook Inc. (NASDAQ:FB) may come up with its own...
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On Tuesday afternoon, Microsoft Corporation (NASDAQ:MSFT) unveiled Xbox One, their third generation game console. The company also just announced that the new console/entertainment system will also come with the next generation of Kinect, which will be used to turn on the entire unit as well as switch between games, internet browsing, and similar activites. All a user has to say is, “Xbox on” to power up the new console. And that’s not all, the...
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Intel Corporation (NASDAQ:INTC) will hold an investor day next Wednesday in London. the company is expected to detail its plans and hopes for the next year at the conference, but there is sure to be a concentration on mobile. Analysts from Citigroup Inc. (NYSE:C) think that one of the major reveals will be the company’s next generation mobile chip architecture. Intel Corporation (NASDAQ:INTC) has been reinforcing its commitment to developing the best mobile processors for...
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Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) just released another promo video for the Lumia 928. This particular spot shows images and video clips taken under low-light conditions. One in particular shows a man dancing on the sidewalk at night, another sequence shows a group of people dancing inside a dark room, and then there is another shot featuring a child on a swing at night. At the end of the video, there was a message...
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Research In Motion Ltd (NASDAQ:BBRY) (TSE:BB)/BlackBerry may not be the next giant in the smart phone industry. The company is not giving up on that dream just yet, but it may be shifting some of its resources to concentrate on a separate part of its business, mobile services. According to an article on Yahoo! News earlier today, the Research In Motion Ltd (NASDAQ:BBRY) (TSE:BB)/BlackBerry conference, which took place last week, shows that the company...
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Tesla Motors Inc (NASDAQ:TSLA) is bringing in big bucks by selling pollution credits to an unlikely source: its competitors. In the January-March quarter, the Palo Alto, California-based electric car maker sold zero emission credits worth $68 to other automakers in the first quarter. Credit sales accounted for about 12 percent of the company’s total revenues, reported CNNMoney. Tesla Motors Inc (NASDAQ:TSLA) reported a first quarter profit of $11.2 million, beating all the estimates. It sent the...
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Micorsoft Corporation (NASDAQ:MSFT) has unveiled its latest gaming console, the follow up to the company’s hugely successful Xbox 360. The new console, which is titled the Xbox One, is billed as an all in one family entertainment center. The company is pushing the Xbox One as more than just a gaming console. The Xbox One will come with a Kinect included, meaning much of the interaction with the computer will be voice and gesture....
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Apple Inc. (NASDAQ:AAPL) claims to worship at the altar of simplicity. Its minimalistic designs have turned millions of heads and brought billions of dollars into the company’s coffers. Billions of dollars will buy a lot of accountants, however, and simplicity is the antithesis of accountancy. If tax and financial systems were simple, accountants would begin to disappear. Apple Inc. (NASDAQ:AAPL) managed to hire one of the most creative and ingenious accounting teams out there, allowing...
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