Tim Cook says he'll propose tax changes to encourage firms to bring home more of their offshore funds when he faces congressional queries over Apple's overseas cash holdings.
Concerned by the wave of requests for customer data from law enforcement agencies, Google last year set up an online tool showing the frequency of these requests in various countries. In the first half of 2010, it counted more than 4,200 in the United States. The New York Times reports.
European shares were set to pause after a brisk rally this week, with investors reluctant to take large positions ahead of a U.S. job report that will shed more light on the recovery.
European shares were set to edge higher on Thursday, after Wall Street reversed early losses following upbeat U.S. data on jobs creation and services sector growth.
The popular social networking site has raised $500 million from the investment bank and a Russian investor in a deal that values the company at $50 billion, the New York Times reports.
Some people go to court hoping to win millions of dollars. Tyler and Cameron Winklevoss have already won tens of millions. But six years into a legal feud with Facebook, they want to give it back — for a chance to get more. The New York Times reports.
Signs you’re an old fogey: You still watch movies on a VCR, listen to vinyl records and shoot photos on film. And you enjoy using e-mail. The New York Times reports.
A hacker attack on a company’s Web site can be costly, but exactly how much money it takes to repel and recover from a malicious strike is rarely disclosed by besieged companies. The New York Times reports.
The hit game is one of the unlikeliest pop-culture crazes of the year — and perhaps the first to make the leap from cellphone screens to the mainstream, the New York Times reports.
The Federal Trade Commission’s proposed privacy mechanism could cause a major shift in the online advertising industry, as companies that have relied on consumers’ browsing history try to make up for what could be billions in lost revenue. The New York Times reports.
These days in Silicon Valley, a billion dollars seems downright quaint. The enthusiasm for social networking and mobile apps has venture capitalists clamoring to give money to young companies. The New York Times reports.
As investors fret that Google’s $6 billion bid for Groupon is too high a price to pay, new details about the company’s sales and growth suggest that it might be more like one of Groupon’s cut-rate deals. The New York Times reports.
Sean Parker, the entrepreneur behind Napster and Facebook now turned investor, has been thinking a lot about innovation — or the lack of it — in the United States. The New York Times reports.
Remember Chatroulette, the Web site that pairs strangers for anonymous video chats? It was all the rage among the Web’s tastemakers early this year. Then the creeps took over, and the technorati moved on. The New York Times reports.
When Oliver Kreylos, a computer scientist, heard about the capabilities of Microsoft’s new Kinect gaming device, he couldn’t wait to get his hands on it. “I dropped everything, rode my bike to the closest game store and bought one,” he said. The New York Times reports.