26 May 2013

Taxes: Apple, Google, and everyone else

Seems like everyone is talking about taxes, Apple, Google, et al--

Apple chief calls on US government to slash US corporate tax
The Guardian
The hearing was seen as a watershed in the increasing tense clashes between governments and multinationals, particularly technology groups such as Apple, Amazon and Google. Edward Kleinbard, professor of law at USC Gould School of Law, said: ...

Google chief rejects Ed Miliband's call for 'responsible capitalism'
The Guardian
He also rebuffed the suggestion that there is a distinction between the letter and the spirit of the law – a distinction that was emphatically made by Apple chief executive Tim Cook in testimony to the US Senate on Tuesday, who said that Apple complied ...

Microsoft and Sony Diverge on Gaming 'Cloud'
Wall Street Journal
Microsoft and Sony have taken diverging approaches in their expanding war for the hearts and minds of gamers. Yes, their next-generation consoles both offer high-fidelity games, and they can both play music and movies. But the rest is rather different.

Amazon Web Services gets government approval for federal cloud
Washington Post
Amazon announced Monday that its Amazon Web Services cloud can now be used for government business, having received a nod from the Federal Risk and Authorization Management Program. FedRAMP's assessment means that separate agencies do ...

Google's conversational search arrives with new Chrome
CNET
Google demonstrated conversational search at Google I/O a week ago, a style of search designed to be more like natural human speech than the technically constructed search queries that people often use today to retrieve information from a search engine.

Samsung, Google gain on Apple in brand value, customer satisfaction
Los Angeles Times
In Millward Brown Optimor's annual BrandZ list, which ranks the top 100 company brands in the world, Google saw its value grow by 5% and jumped up two spots to take second place behindApple. That increased Google's brand value — or how much the ...

Google, Amazon, Apple tax avoidance scheme cases
Newsday
Ireland has said it is not to blame, and Apple has defended its practices, which are legal. But the Senate report has added to the furor surrounding tax avoidance by major companies. GOOGLE INC. Despite generating $18 billion of revenue in Britain from ...

Apple CEO Tim Cook, Lawmakers Square Off Over Taxes
Wall Street Journal
Tim Cook, Apple's chief executive, defended the technology giant's tax practices, which Senate investigators say have led Apple to pay no corporate taxes on tens of billions of dollars in overseas income over the past four years. He said the company ...

Yahoo and Google roll out new features amid internet battle
The Australian
DESIRABILITY, youth and reinvigorated revenue: it's the mantra at the reborn Yahoo, a corporation that has lacked direction and vitality but is reinventing itself to attract millions of new, mostly youthful followers - fresh fodder for its advertisers ...

Here's Your New Xbox One: Microsoft's All-In-One Home - TechCrunch
By Darrell Etherington
Microsoft has revealed its new Xbox, the successor to the Xbox 360. It's a next-generation console,... Then, you can dictate activities to Xbox One, sort of like how many imagined Apple would do their own Apple TV with Siri. Changing between ...
TechCrunch


Apple Tax Bill Overstated to Investors - Kate Linebaugh, Scott Thurm ...
By Kate Linebaugh, Scott Thurm and Jessica E. Lessin
One factor: Apple uses a conservative approach to accounting for taxes on its overseas earnings. It has been setting aside billions of dollars a year in provisions against possible taxes on income that it earned abroad. But those taxes wouldn't ...
AllThingsD

Xbox One moves Microsoft closer to living room hub ... - CNET News
By Jay Greene
The next-generation gaming console from the software giant is about much more than gaming. It should help Microsoft realize its vision of being at the center of consumer computing. Read this article by Jay Greene on CNET News.
CNET News

How Apple Reduces What It Pays In Taxes - Business Insider
By Walter Hickey
.... Apple explained that, although AOI has been incorporated in Ireland since 1980, it has not declared a tax residency in Ireland or any other country and so has not paid any corporate income tax to any national government in the past 5 years. Apple has exploited a difference between Irish and U.S. tax residency rules. Ireland ...
SAI

Excerpts of Apple Executives' Senate Committee Testimony on Tax ...
By Jordan Golson
Three Apple executives, CEO Tim Cook, CFO Peter Oppenheimer, and head of tax operations Phillip A. Bullock, appeared in front of the U.S. Senate Permanent Subcommittee on Investigation earlier today, testifying about Apple's tax policies.
MacRumors: Mac News and Rumors...

In testimony - Apple
Apple, a California company, employs tens of thousands of Americans, creates ... Apple safeguards the capital entrusted to it by its shareholders with prudent ...
www.apple.com/pr/pdf/Apple_Testimony_to_PSI.pdf

Google Glass, What's Not To Like? Quite A Lot Actually - Forbes: " . . . . Given Glass’s limitations it seems like it’s only a matter of time before Google either releases a radically improved version of the product, or the hype plays itself out and Glass becomes a victim of its marketing success. Will Glass go down in history as one of the decade’s most innovative products or one of its biggest marketing flops? Today, either outcome seems equally possible."

An update to Google Checkout for merchants | Google Commerce
Today, we're letting web merchants know that in six months, Google Checkout will be retired as we transition to Google Wallet — a platform that enables ...
googlecommerce.blogspot.com/.../an-update-to-google-check...

Google Chrome Blog: Every second counts
Last month's Chrome Beta release contained optimizations so that web pages load 5% faster on average. We've included those optimizations in today's Chrome ...
chrome.blogspot.com/2013/05/every-second-counts.html

the ultimate all-in-one home entertainment system - Microsoft
Microsoft unveils Xbox One: the ultimate all-in-one home entertainment system ...
www.microsoft.com/en-us/news/Press/.../05-21XboxPR.aspx


Amazon Web Services Receives FedRAMP Authorization
PC Magazine
Amazon Web Services this week received Federal Risk and Authorization Management Program (FedRAMP) certification, allowing the company to lower the cost of its cloud services for U.S. government agencies. The mandatory program standardizes ...

Google X acquires kite-power startup Makani
CNET
The research unit's "focus on real atoms, not bits" is expanding to include the startup's work on tethered flying wings that are designed to generate 600 kilowatts of power. Stephen Shankland. by Stephen Shankland. May 23, 2013 2:25 AM PDT Follow @ ...

The Xbox One Makes Me Want to Buy a New Xbox 360
PC Magazine
Microsoft's eight-generation game console looks fantastic on paper but with too much online tethering and no backwards compatibility, I'm wary of diving right in....

Google team captures Galapagos Island beauty for maps
AFP
SAN FRANCISCO — Google has followed in the footsteps of Charles Darwin to gather images of the beauty and biological diversity of the Galapagos Islands for the Internet titan's online maps. A Google Maps team toting 360-degree cameras sticking from ...

AFP

Nvidia Releases GeForce GTX 780, Updated GeForce Experience
PC Magazine
Nvidia today released its new GeForce GTX 780 card, as well as updates to its GeForce Experience utility. In addition to the new hardware, Nvidia also upgraded its underlying drivers and software to give users access to "Hyper-realistic gaming," allowing ...

Apple announces WWDC 2013 keynote for Monday, June 10
Apple Insider
Apple has officially confirmed that its annual Worldwide Developers Conference will kick off with a keynote presentation on Monday, June 10, where it is expected to showcase iOS 7 and OS X 10.9. WWDC has traditionally started with a keynote to introduce ...

Apple Insider

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