Latest Tech Industry News

• 22 May 2013

• News: Sony to stream PlayStation games to non-consoles as part of turnaround

  Sony will leverage its streaming technology to bring PlayStation games to devices other than dedicated consoles as part of its ongoing turnaround, but said gaming profits will still suffer and lowered sales targets for its smartphones and cameras.

• News: US power companies under frequent cyberattack

  A survey of U.S. utilities shows many are facing frequent cyberattacks that could threaten a highly interdependent power grid supplying more than 300 million people, according to a congressional report.

• News: Twitter's 'refreshing' patent may cut down on vicious tech lawsuits

  With a newly awarded 'pull-to-refresh' patent in hand, Twitter could earn itself a wealth of licensing fees for the highly popular touch gesture.

• 21 May 2013

• News: Aurora hackers said to have accessed law enforcement targets

  Chinese cyber marauders sought more than just information on activists -- they wanted access to FBI, DOJ investigations on spies in the U.S.

• News: New Intel CEO creates 'New Devices' division focused on 'cool technology'

  Well, that didn't take long. A mere five days after Brian Krzanich took the reins as the new CEO of Intel, he's shaking things up at an organizational level.

• News: Apple defends offshore decisions that result in low taxes

  Apple pays a fair share of the taxes it owes the U.S. and other nations, its CEO said Tuesday, despite criticism from U.S. senators that the company is ducking taxes by shifting profits to subsidiaries that the company does not consider tax residents of any nation.

• News: Hard-to-get credit, dominant conglomerates deter startups in HK

  Though 80% of entrepreneurs don't regret starting a business in Hong Kong, many of them find difficulties in securing credit (78%), market domination by large corporations (68%), and red tape (61%) the major deterrents to would-be entrepreneurs in the city, said workplaces provider Regus.

• News: WikiLeaks' donations barely enough to keep the servers running

  Donations to WikiLeaks since January have only been enough to cover expenditures in essential infrastructure, such as servers, according to a transparency report.

• News: Sprint hikes bid for Clearwire to counter Dish's offer

  Sprint Nextel has increased its offer to buy out Clearwire, bidding US$3.40 per share, to counter a competing offer by Dish Network.

• News: Federal IT Mobile Plans Slowed by Security, Budget Concerns

  Ahead of the one-year anniversary of the White House's digital government strategy, a new study from the Mobile Work Exchange takes stock of how agencies are pressing ahead with mobility plans.

• News: Vodafone revenue and profit drop as European troubles continue

  Vodafone's revenue dropped 4.2 percent for its fiscal year to March 31, because of tough economic conditions, particularly in Southern Europe.

• News: EU investigation could affect business from China's 4G deployment

  The European Union may be trying to protect its telecom equipment industry with its recent threat to investigate China over networking equipment imports. But the move could end up hurting the chances of Western vendors intent on supplying technology to China's upcoming 4G services launch, according to analysts.

• News: Sprint gets SoftBank clearance to negotiate with Dish

  Sprint Nextel said it had received permission from SoftBank to negotiate a rival acquisition offer from Dish Network.

• News: Should your business start accepting Bitcoins?

  Few phenomena have been so widely discussed yet remain so puzzling as the world of Bitcoins. Businesses galore are now asking themselves whether Bitcoin is something they need to take seriously, even though most have absolutely no idea what it is.

• News: Apple to tell Senate it pays every cent of its taxes

  Tim Cook's taking on the tax man. On Tuesday, the Apple CEO will appear before the U.S. Senate's permanent Subcommittee on Investigations to discuss that body's look into multinational companies and how they pay taxes. As a special preview to those who really can't wait to hang on Cook's every word, Apple on Monday released its head honcho's testimony.

• 20 May 2013

• News: Senate report: Apple claims subsidiaries with no taxing jurisdiction

  Apple has set up three foreign subsidiaries that the company claims are not resident in any nation for taxing purposes, in an effort to avoid paying tens of billions of dollars in taxes to the U.S. and other countries, according to a new report from a U.S. Senate subcommittee.

• News: Opinion varies on action against Chinese cyberattacks

  New cyberespionage attack by People's Liberation Army prompts calls for action such as sanctions, but experts are mixed on best response

• News: Peculiar malware trail raises questions about security firm in India

  Security firm Norman, investigating cyber-espionage-related to a Norwegian telecom company, the Pakastani government and others, says a lot of its findings lead to the word "Appin," which happens to be the name of a security outfit in India whose website indicates it does work for the Indian military.

• News: Big data can increase competitiveness of businesses

  Big data can improve decision making and increase their competitiveness as per 60 percent of survey respondents of Cisco global study.

• News: It's official: Yahoo will buy Tumblr for $1.1 billion

  After a weekend chock full of rumors and speculation, Yahoo has announced it plans to acquire Tumblr, the popular social service that hosts more than 105 million GIF-filled blogs, for $1.1 billion in cash.

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