REDMOND, Wash. (AP) — Microsoft thinks it has the one.
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By Noel Randewich SAN FRANCISCO (Reuters) - Intel Corp's new chief executive, Brian Krzanich, has launched a sweeping reorganization of the world's top chipmaker and created a unit aiming to retake the top chipmaker's lead in mobile and semiconductor innovation. The shakeup, announced internally just days after the 30-year veteran took the helm, places most of Intel's main product groups directly under his supervision and hands its sprawling global manufacturing operation to new president Renee James, said a source close to the company, who declined to be identified. ...
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Microsoft on Tuesday finally took the wraps off its highly anticipated Xbox One, the successor to its Xbox 360 gaming console that will launch in time for the holidays this year. Earlier rumors have indicated that the new console will run on the “core” version of Windows 8 and will feature an 8-core 1.6GHz processor, 8GB of RAM, an 800MHz graphics processor, a 50GB 6x Blu-ray Disc drive and Gigabit Ethernet connectivity, but Microsoft finally put all of the speculation to bed on Tuesday during its big Xbox event. Click here to find out how to watch the live stream of Microsoft’s Xbox event. Developing… Microsoft is billing the new console as an all-purpose cloud-based entertainment system that isn’t just for games but also for movies,
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By Euan Rocha TORONTO (Reuters) - BlackBerry no longer owns the fast-paced, innovative smartphone world but the company, whose email-on-your-hip devices once revolutionized the industry, now aims to run it. The change in focus was hard to miss at the company's well-attended annual conference in Florida last week, even as news of a new smartphone model and its plans to offer the popular BlackBerry Messaging (BBM) instant message service on other platforms grabbed the headlines. ...
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By Sinead Carew (Reuters) - Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.40 per share, but the new bid was not high enough to impress some investors. Clearwire shares almost immediately traded around the new offer price, having consistently traded well above the old $2.97-per-share bid. Sprint announced the revised price just hours before Clearwire was due to hold a special meeting for shareholders to vote on the original offer. ...
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After years of leaks, rumors and speculation, Microsoft’s next-generation Xbox will finally be unveiled on Tuesday during a press conference in Redmond, Washington. Recent reports suggest that the new “Xbox 720,” “Xbox Infinity” or whatever else it might be called will feature vastly improved specs such as an eight-core processor, 8GB of RAM, an 800MHz graphics processor, a 50GB 6x Blu-ray drive, gigabit ethernet connectivity and enhanced TV features. The new console may also require an always-on Internet connection to play games, though reports on that front have conflicted. We’ll know all there is to know shortly, however, and here’s how to watch all the action live from your computer, Xbox or smartphone: UPDATE: Microsoft has unveiled the Xbox One — read
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BERLIN (AP) — German software giant SAP AG says it plans to recruit hundreds of staff with autism to make full use of their talents to process information.
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It has been reported that Apple’s next-generation MacBooks will support gigabit Wi-Fi connectivity, evidence of which was discovered in a recent OS X developer build. The 802.11ac Wi-Fi standard, also known as “5G Wi-Fi,” is capable of delivering theoretical speeds of up to 1.3Gbps and is considered a major leap forward. An earlier report claimed Apple was teaming up with Broadcom to bring the technology to its 2013 Mac lineup, and now Tonymacx86.com points us to a leaked image of a Broadcom BCM94360CD PCI-E mini custom combo WLAN and Bluetooth card that supports IEEE 802.11ac, the same standard Apple is reportedly looking to incorporate into future computers. The card is similar to those found in current Mac models and is expected to be the
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WASHINGTON (AP) — Apple's CEO is disputing assertions by a Senate panel that the company avoids billions of dollars in U.S. taxes by shifting profits to foreign affiliates.
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WASHINGTON (AP) — A new poll finds that teens are sharing more about themselves on social media. They're also moving increasingly to Twitter to avoid their parents and the "oversharing" that they see on Facebook.
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By Noel Randewich SAN FRANCISCO (Reuters) - Intel Corp new Chief Executive Officer Brian Krzanich has re-organized key business groups and created a "new devices" unit, according to a source who has seen an internal email, shaking up the world's top chipmaker days after formally assuming control. Intel spokesman Chuck Mulloy confirmed Krzanich sent the internal email describing the chipmaker's reorganization. (Reporting by Noel Randewich; Editing by Gerald E. McCormick)
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SAN JOSE, Calif. (AP) — A high-tech startup is wading into the gun control debate with a wireless controller that would allow gun owners to know when their weapon is being moved — and disable it remotely.
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DUBLIN (Reuters) - An Irish opposition party called on Tuesday for Irish-based multinationals to be questioned on corporate tax by a parliamentary committee as debate raged over how much tax the companies actually pay. Ireland has been defending its corporate tax rate after the U.S. Senate said on Monday that Apple paid little or no tax on tens of billions of dollars in profits in Irish subsidiaries and that it had negotiated a special corporate tax rate of less than 2 percent. (Reporting by Padraic Halpin; Editing by Jon Hemming)
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“Mobile is eating the world,” according to industry analyst Benedict Evans. Ahead of a presentation to be given later this month at Book Expo America, Enders Analysis’ Benedict Evans published a draft of his slide deck. The presentation paints a wonderfully clear picture of where industry growth has come from over the past few years thanks to companies like Apple and Samsung, and where it will likely continue to come from over the next few years. In a word: mobile. Several charts in the deck to a good job of illustrating the mobile explosion, which ramped up in 2010 as PC industry growth started to flatline. A few particularly interesting slides follow below, and Evans’s full presentation can be viewed on
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DUBLIN (Reuters) - Ireland does not cut special tax deals with foreign companies and a U.S. Senate report saying it did so for Apple Inc is incorrect, Irish Prime Minister Enda Kenny said on Tuesday. Ireland has been defending its corporate tax rate after the U.S. Senate said on Monday that Apple paid little or no tax on tens of billions of dollars in profits in Irish subsidiaries and that it had negotiated a special corporate tax rate of less than 2 percent. ...
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By Alexei Oreskovic SAN FRANCISCO (Reuters) - Yahoo Inc Chief Executive Marissa Mayer's $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal. Luckily for her, her performance may be graded generously. Mayer faces plenty of challenges in her efforts to turn six-year-old Tumblr into a money-spinner, not least among them retaining users while devising new types of non-intrusive online ads outside of Yahoo's traditional area of expertise. And then there is Tumblr's hefty price tag: a sum that equates to a fifth of Yahoo's cash. ...
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By Conor Humphries and Padraic Halpin CORK/DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax on tens of billions of dollars in profits stashed in Irish subsidiaries. The Irish government, which has seen the luring of U.S. multinationals with low taxes as a key part of its economic policy since the 1960s, said its system was transparent and other countries were responsible if the tax rate paid by Apple was too low. ...
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A teenager from Saratoga, California took home one of the top prizes at the Intel International Science and Engineering Fair late last week after showing off her invention, which can fully charge a cell phone in 30 seconds or less. Eesha Khare was given the Intel Foundation Young Scientist Award and a $50,000 prize for being runner-up in the competition, which was won by a 19-year-old who unveiled a new spin on self-driving car technology. Khare’s battery technology requires a new component to be installed inside the phone battery itself, and Intel notes that it also has potential applications for car batteries.
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Sprint on Tuesday announced a revised offer for wireless broadband wholesaler Clearwire. The carrier is looking to acquire the remaining Clearwire shares it does not already own for $2.97 per share, or $2.2 billion, valuing the company at $10 billion. Sprint has now increased its bid $3.40 per share, upping Clearwire’s value to $10.7 billion. The revised offer represents a 14% premium over the company’s earlier bid and a 162% premium over Clearwire’s closing share price in October when it was rumored to be part of the Sprint-SoftBank merger discussions. Sprint notes that the offer is the best and final offer it will propose. The company’s press release follows below. Sprint Submits Increased Offer for Clearwire Increased Offer of $3.40 Per Share
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HAVANA (AP) — A company that monitors global Internet traffic says another branch of the Venezuela-to-Cuba undersea fiber-optic cable has come online, connecting the island to nearby Jamaica.
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Google took the wraps off of its subscription music streaming service last week at its I/O Developers Conference. To the dismay of many, Google Play Music All Access was only available for Android smartphones and tablets. This isn’t the first time Google has initially ignored iPhone and iPad users — the company’s music upload service, known as Google Listen Now, was also never officially made available on iOS. Luckily enough, third-party developers are creating applications to access the services on Apple devices. James Clancey is the man behind gMusic, the most popular Google Music app on iOS. Clancy sprung into action after hearing Google’s announcement, determined to bring the subscription music streaming service to iPhone and iPad users. He submitted
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By Tom Bergin LONDON (Reuters) - Apple's ability to shelter billions of dollars of income from tax has hinged on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. A U.S. Senate investigation revealed on Monday that Apple, maker of iPhones, iPads and Mac computers, had channeled profits into Irish-incorporated subsidiaries that had "no declared tax residency anywhere in the world". Over the past three years, the American company paid a tax rate of 2 percent on $74 billion in overseas income, its annual reports show. ...
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Kids, listen up: don't start dropping out of high school just because Tumblr CEO David Karp (who just sold his Internet company to Yahoo for $1.1 billion) has neither a high school or college degree. Quitting the Bronx High School of Science at the age of 14 may have "made mom proud," per The New York Times's Jenna Wortham and Nick Bilton, but for most of you, forgoing a degree is a really bad idea. ...
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There are rumors about Wii U sales in North America slipping below 40,000 units in April. But it’s a fact that Wii U sales in its home market of Japan spiraled below 7,000 units during the week ending May 12. This is an atrocious level. The ancient PS3 sold 12,000 units and the portable console champ 3DS sold 46,000 units during the same week. The PS Vita sold 12,000 units and even its predecessor the PSP managed to top 6,000 units. This means that the closest sales comparison to the Wii U is a Sony portable console that was replaced by a newer model more than a year ago. What makes the Wii U performance such a horror show is
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REMOND, Wash. (AP) — Will Xbox mark the spot once again for Microsoft?
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