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Excerpts of Apple Executives' Senate Committee Testimony on Tax Policy
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 has a rough transcript of the hearing, while the full event is viewable on C-SPAN. Show More Summary
Former Subway workers makes prime number breakthrough
A previously little-known lecturer has made a significant breakthrough in the exploration of prime numbers. Dr Yitang Zhang of the University of New Hampshire has brought mathematics closer than ever before to confirming that twin primes are infinite. A twin prime is simply two consecutive prime numbers that differ only by two. The lowest examples [...]
The Windows Phone Nokia Lumia 928 - the best low-light smartphone camera
See how to capture your night like never before with the Nokia Lumia 928, the best low-light smartphone camera. Better than the Apple iPhone 5. Better than the Samsung Galaxy S4. Meet your Nokia Lumia 928 at Verizon Wireless: http://www.windowsphone.com/en-us/pho... This...Show More Summary
Samsung Galaxy S4 ‘Google Edition’ With ‘Stock’ Android Will Be US-Only Model
The Samsung Galaxy S4 will release with Samsung tweaked and ‘stock’ Google-based Android operating systems when it arrives in the United States on June 26. We have now learned that the June 26 date will include a $649 unlocked version of the device which has been branded as the S4 ‘Google Edition.’ Featuring a straight [...]Show More Summary
BI INTELLIGENCE FORECAST: Google Glass Will Be An $11 Billion Market By 2018
Google Glass is an attempt to bring smart eyewear to the masses. Google is aiming for an early to mid-2014 debut of the gadget to the general public. Despite the clunkiness and awkwardness of the early beta version of Glass, we think computerized glasses will become a mainstream product. Show More Summary
John McCain To Tim Cook: 'Why The Hell Do I Have To Keep Updating Apps On My iPhone?' (AAPL)
Senator John McCain just interviewed Apple CEO Tim Cook about the company's taxes and offshore profits. But the kicker came at the end, when McCain stopped his line of questioning by asking, "Why the hell do I have to keep updating apps on my iPhone?" McCain does have a point. Show More Summary
Senator Rand Paul apologizes to Apple, blames Congress for tax woes at Senate hearing
Before either Apple CEO Tim Cook or Apple CFO Peter Oppenheimer took the stand to testify on behalf of Apple to defend the company’s tax practices, Senator Rand Paul of Kentucky lashed out on Senator John McCain and Senator Carl Levin for the “spectacle of dragging in here executives from Apple using the brute force […]
Apple still ‘the most valuable brand in the world’ – Marketing Week
Apple remains the most valuable brand in the world, in an annual ranking by market intelligence company Millward Brown, reported in Marketing Week. The Millward Brown Brandz rankings take into account both financial strength and brand equity, a measure of the value consumers place in a brand. Despite Apple’s share-price woes, the brand is regarded by […]
Steven Spielberg Will Direct A Live-Action Halo TV Series
Steven Spielberg will direct a live-action Halo TV series. Bonnie Ross from 343 Industries just made the announcement at the Xbox Reveal. 343 Industries is the studio that makes Halo. Please follow The Wire on Twitter and Facebook. Join the conversation about this story »
Which Brand Bested Google to Become ‘World’s Most Valuable Brand’?
Apple has topped Google in the race for the world’s most valuable brand. Despite the utter beating Apple has endured on Wall Street since last fall, there are no scuff marks on Apple’s brand power. Conquering fellow brand titans like Coca-Cola and McDonalds, Apple once again received top honors from BrandZ. And the results were [...]
Apple CEO Tim Cook and CFO Peter Oppenheimer Testify In Front of Senate Committee on Tax Strategies [Live]
After jostling in competing memoranda yesterday, Apple and a group of U.S. Senators are prepared to go head-to-head in a committee hearing examining the tax avoidance strategies of Apple and other multinational corporations.
CEO Tim Cook, CFO Peter Oppenheimer, and Apple's head of tax operations Phillip A. Show More Summary
What Tumblr Founder David Karp Is Really Like
David Karp, 26, just sold his company Tumblr to Yahoo for $1.1 billion in an all-cash deal. What's the founder really like? According to close friend and Tumblr's first employee, Marco Arment, Karp is a lot like Steve Jobs was. Karp is his product. Show More Summary
New EA Sports Titles, Forza V, 15 Exclusives on Xbox One
Microsoft's conference was a little light on the games, but these were the ones it discussed...
NYT Live Coverage of Senate Hearing on Apple and Corporate Taxes
Senator Rand Paul: Senator Rand Paul, the Kentucky Republican, has taken the floor with a very different tone. He says he is “offended” by the hearings. Who, he said, doesn’t try to minimize their own taxes? “Tell me what Apple has done that’s illegal,” he said. And on Twitter: If there is anyone to blame here it is not Apple, it is Congress and the tax code it created. ?
iTesla: Will Apple buy Tesla motors?
Would Apple really buy electric car startup Tesla Motors? “They do have a lot of cash,” noted Tesla CEO Elon Musk. Some suggest that Tesla would seem a logical vehicle to make the late Steve Jobs's vision of an Apple iCar become a reality.
After Months Of Speculation, Microsoft Officially Reveals Skype For The Xbox One
Microsoft’s Don Mattrick pulled back the curtain on the Xbox One at a live event at the company’s Redmond campus, and it wasn’t long at all before the talk turned to software. One application in particular has been the subject of speculation...Show More Summary
Despite Increased Competition, Apple Still World’s Most Valuable Brand
Despite increasing competition from the likes of Samsung and Google, Apple continues to be the world’s most valuable brand, according to the latest annual BrandZ report from Millward Brown. The Cupertino company was one of three technology firms in the top five, with Google and IBM placed in second and third respectively. Apple’s brand value [...]Show More Summary
First Jolla phone running Sailfish OS is here with intelligent back plates!
Yes. The design did hint of a Finnish phone maker’s attempt at a really cool smartphone called Lumia. But then it’s not so. What you see here is the first Jolla phone, revealed by Founder Marc Dillon. It will run ….
Why The Apple TV Has Nothing To Fear From The Xbox One
Today Microsoft unveiled the Xbox One at its Redmond, Washington campus. As the battle for the living room rages on, Microsoft has won a decisive victory that put it well ahead of the competition. The Xbox One is just as much for all-around entrainment as it is for gaming, perhaps even more so. It’s is [...]Show More Summary
Xbox One vs Xbox 360 vs PS4: fight!
The Xbox One has finally arrived to unite all of your living room entertainment. But before you ready to open your wallet for Microsoft's next-gen console, you'd probably like to how the new Xbox stacks up against the old, and how its hardware compares to the next-gen competition from Sony. Well, a chart with comparable specs aplenty awaits you after the break.
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