WASHINGTON (AP) — The House Republican tax bill is meant to send trillions in corporate profits overseas pouring back home and, in the process, give the U.S. economy a healthy boost. It may be more likely to land with an economic thud and provide a windfall to tax attorneys scouring the Byzantine bill for tax … Continue reading
Tag Archives: Microsoft
Nokia and Apple settle long-running legal disputes
HELSINKI (AP) — Nokia and Apple have settled their numerous legal disputes after signing an agreement to work together. Nokia, once the world’s No. 1 cellphone maker and now a networks provider after selling its ailing mobile phone sector to Microsoft in 2014, described the pact as “meaningful.” Maria Varsellona, Nokia’s chief legal officer said … Continue reading
Experts see possible North Korea links to global cyberattack
SEOUL, South Korea (AP) — Cybersecurity experts are pointing to circumstantial evidence that North Korea may be behind the global “ransomware” attack: the way the hackers took hostage computers and servers across the world was similar to previous cyberattacks attributed to North Korea. Simon Choi, a director at South Korean anti-virus software company Hauri Inc. … Continue reading
A look at some Israeli high-tech successes
JERUSALEM (AP) — Intel announced Monday it will spend more than $15 billion to acquire Mobileye, an Israeli company that develops technology that essentially gives computers a sense of their physical surroundings — the largest high-tech acquisition in the history of the Jewish State. Faced with limited natural resources, Israel has fostered a vibrant high-tech … Continue reading
US fights Microsoft’s bid to tell users when feds take data
SEATTLE (AP) — The U.S. Justice Department asked a judge Monday, Jan. 23, 2017 to throw out a lawsuit from Microsoft and keep a law that prohibits technology companies from telling customers when the government demands their electronic data. Microsoft says its customers have a constitutional right to know when the government collects their private … Continue reading
US stocks rise as tech and machinery companies lead the way
NEW YORK (AP) — U.S. stocks are making solid gains in Monday morning trading as machinery and technology companies move higher. Energy companies are up with the price of oil. KEEPING SCORE: The Dow Jones industrial average jumped 114 points, or 0.6 percent, to 18,238 as of 10:25 a.m. Eastern time. The Standard & Poor’s … Continue reading
Microsoft to buy networking site LinkedIn for $26.2 billion
NEW YORK (AP) — In a surprise move, Microsoft said Monday that it is buying professional networking service site LinkedIn for about $26.2 billion. It is by far Microsoft’s largest acquisition — much larger than Skype, which the company bought for $8.5 billion in 2011. LinkedIn, based in Mountain View, California, has more than 430 … Continue reading
Bill Gates supports government efforts in Apple case
NEW YORK (AP) — Bill Gates is supportive of investigators’ efforts to force Apple to help them crack into an iPhone used by one of the San Bernardino shooters, saying a balance needs to be struck between government access and the need to preserve data security. While clarifying he doesn’t support untrammeled government access to … Continue reading
Microsoft outlines plan to bridge Xbox and PC video gaming
SAN FRANCISCO (AP) — Microsoft is attempting to break down the walls surrounding console gaming. Phil Spencer, head of the company’s video game division, detailed Microsoft’s plan for game makers to create universal apps that can run on both Xbox One consoles and PCs with Windows 10, as well as smartphones, tablets and other … Continue reading