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Apple to argue for tax reform, defend tax practices on Tuesday Read More » As most brick and mortar retailers struggle, Apple Store revenue hits record heights Apple's retail stores continue to outsell, on a sales per square foot basis, all other retailers by a large margin. Horace Dediu of Asymco found that the number of Apple Store visitors grew 7% last quarter and helped Apple's in-store retail revenue reach a record $57.60 per visitor. Each store is now averaging sales of $13 million per quarter, the highest level for any non-holiday quarter. The average number of visitors per store was said to have reached 250,000 per quarter in the past 12 months, up from 170,000 per store per quarter between 2009 and 2010. Dediu speculates that the jump in visitors could be from more space in new stores and renovations in older stores. Apple's retail stores Read More »Idaho couple and Sun Valley land in Twitter tussle BOISE, Idaho (AP) — An Internet entrepreneur and former Wall Street derivatives analyst contends that central Idaho's Sun Valley resort and the Twitter Inc. social media site have heisted his handle. Read More »Touch is taking over: Touchscreen laptop shipments climbed to 4.57 million in Q1 Microsoft's Windows 8 platform hasn't exactly been the catalyst PC makers were looking for as sales continue to slide, but the new operating system does seem to be making some progress. IHS-owned market research firm Displaybank says that of the 46 million notebook computers that shipped during the first quarter this year, 4.57 million of them included touchscreens, Digitimes reported. That figure is good for a 10% share of the global market and is up a healthy 51.8% from the fourth quarter last year. Displaybank is impressed by touchscreen laptops' relatively quick penetration considering how young the market is, but it remains to be seen whether or not Microsoft's new platform and the touchscreens that come along with it will help struggling Read More »AT&T says all customers will soon get access to FaceTime, Hangouts over cellular AT&T has always been hesitant to allow customers to use video chat applications on its cellular network. The company previously blocked Apple's FaceTime service from iPhone devices, only recently allowing customers on a tiered data plan to use the feature. AT&T further angered customers when it blocked Android users from using the video chatting feature in Google's new Hangouts application unless connected to a Wi-Fi network. In a statement given to The Verge, the carrier confirmed that it will update its controversial policy later this year and will enable preloaded video chat applications over its cellular networks for all customers, regardless of their data plan or device. AT&T's statement follows below. For video chat apps that come pre-loaded on devices, we Read More »Seven Days in 100 Words: The Samsung Galaxy S IV The typical gadget review these days can run thousands of words and cover hundreds of features before telling you what you really want to know: is this thing any good? The Atlantic Wire will cut to the chase after spending a week with a device and give you just the bottom line. Read More »LG's 5-inch unbreakable displays to debut later this year Flexible displays are set to become the next big thing in mobile technology. LG previously confirmed that it will release a smartphone with a flexible display later this year, while unbreakable handsets from Samsung and Motorola are also said to be in the pipeline. LG on Monday announced that it plans to demo a 5-inch flexible and unbreakable OLED display for the first time this week at the Society for Information Display's (SID) annual trade show. The company will also showcase a new 5-inch HD display with a 1mm wide bezel, which will allow for the "production of borderless smartphones that are lightweight and emit significantly less heat." LG plans to release a smartphone with a flexible OLED display in Read More »Microsoft to build Australian cloud computing centers Read More » Consumer Reports: The Galaxy S4 is the world's best smartphone Is Samsung's Galaxy S4 really "a precious stone glittering in the dark" or is it just an overrated slab of plastic with a nice display? Consumer Reports weighed in on this important controversy on Monday and declared that the Galaxy S4 really does live up to the hype and should now be considered the best smartphone in the world. Overall Consumer Reports found that "the S4 delivered top-notch performance in the most critical areas of our tests, including the camera," and was particularly impressed with the device's display that it said "is sensitive enough to use with gloves on — handy during cold weather." The publication also praised the device's multitasking capabilities and said that watching videos while checking email Read More »Dish eyes LightSquared's Spectrum for $2 billion - Bloomberg Read More » Yahoo reboots Flickr, offers 1 terabyte of storage NEW YORK (AP) — Fresh on the heels of its $1.1 billion acquisition of Tumblr, Yahoo says it is rebooting its languishing photo-sharing site Flickr with plans to make it "awesome" again. Read More »Samsung may turn to Intel for Galaxy Tab 3 Samsung is rumored to be preparing a new Galaxy Tab tablet to debut in the coming months. Earlier reports claimed the device would be equipped with a 10.1-inch 1280 x 800 pixel resolution display, a 1.5GHz dual-core processor, 1GB of RAM, a 3-megapixel camera, a 7,000 mAh battery and Android 4.2.2 Jelly Bean. Recently discovered benchmark results, however, suggest Samsung may turn to Intel to power the Galaxy Tab 3 10.1. Results from the GLBenchmark database reveal that the upcoming tablet is equipped with a 1.6GHz dual-core Intel Atom Z2560 processor with a PowerVR SGX 544 MP2 GPU. Samsung has traditionally relied on ARM-based processors such as its in-house Exynos line or Qualcomm's Snapdragon chips to power its devices. A Read More »Britain's Cameron tells Google and others to play fair on tax Read More » Sprint gets waiver from Softbank, permitting discussions with Dish Read More » Google vows to integrate Google Voice into Hangouts When Google unveiled its new Hangouts service last week, keen observers noted that there was a glaring omission in the company's effort to cobble together all its messaging services onto one platform: Google Voice. But a new Google+ post from Google director of real-time communications Nikhyl Singhal suggests that Hangouts users won't have to wait for Voice much longer. Specifically, Singhal says that while "today's version of Hangouts doesn't yet support outbound calls on the web and in the Chrome extension," it will "support inbound calls to your Google Voice number." He then adds that the company is "working hard on supporting both, and outbound/inbound calls will soon be available." Singhal also says that Hangouts are "the future of Google Voice," so it's Read More »iGate sacks chief executive Murthy after sexual harassment claim Read More » Dish's Ergen eyes LightSquared spectrum Read More » Google may be working on a revamped Nexus Q Google appears to be working on a sequel to its ill-fated Nexus Q streaming device. The Nexus Q debuted at last year's I/O Developers Conference with limited capabilities and a premium price tag that eventually led to Google postponing the project. But a recent filing with the Federal Communications Commission has revealed a mysterious Google-built device that "functions as a media player" and could be a revamped Q. Little is known about the device, although it is equipped with support for 802.11b/g/n Wi-Fi and was connected to a Dell 24-inch monitor for testing, giving further evidence that it is a potential Nexus Q sucessor. The device is known as the "H840 device" and features the model number H2G2-42, a reference Read More »Apple's Massive Tax Avoidance Scheme Was Probably Legal Read More » Amazon wins key cloud security clearance from government Read More » American ISPs are now hated even more than airlines Major Internet service providers in the United States have long taken a beating in customer satisfaction surveys, but the latest survey from the American Customer Satisfaction Index has the grimmest news yet for American ISPs: They now have the lowest customer satisfaction ranking of any industry in America, worse than even airlines, health insurance companies and gas stations. The survey shows that American consumers are particularly unhappy with ISPs' call center service, with the variety of Internet plans they offer and with their quality of online video streaming. Comcast lay at the very bottom of the American ISP customer satisfaction heap, with an overall score of just 62 out of 100. It was followed closely by Time Warner Cable, which Read More »Vodafone posts biggest fall in service revenue Read More » Apple, Congress spar over taxes ahead of Tuesday hearing Read More » Ireland says not to blame for Apple's low tax rate By Conor Humphries DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments after the U.S. Senate said the company paid little or nothing 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. ... Read More »Apple's Cook to face Senate questions on taxes Read More » New Android apps worth downloading: Clean Master and Gilt updates, Attack of the Wall Street Titan Make sure the files you delete from your Android device stay deleted with Clean Master, today's first app worth downloading. It just received a big update that will make Snapchat users happy – it helps clear out unwanted photos. Gilt, the app to go along with the shopping site, offers convenient clothing shopping at a discount. Finally, Attack of the Wall Street Titan puts you in the role of a pixelated giant robot who wreaks havoc on Wall Street. Read More »Apple and Google to lead charge as wearable tech becomes $30-$50 billion market Recent estimates suggested devices like Google Glass and Apple's upcoming "iWatch" could be the start of a wearable tech explosion that generates as much as $6 billion annually by 2016. According to newly published research from Credit Suisse, however, that estimate is ridiculously low. In a research note picked up by Business Insider, Credit Suisse analysts predict that the wearable technology market will balloon from the current $3 billion to $5 billion range to a whopping $30 billion to $50 billion in the next two to three years. The firm believes Apple's upcoming iWatch will generate $10 billion annually on its own, and the growing health and fitness market will play a key role as well. Read More »No-Kill, High-Resolution 3-D Movies of Cells Now Possible [Video + Infographic] No-Kill, High-Resolution 3-D Movies of Cells Now Possible [Video + Infographic] Read More »Iranians face new Internet curbs before presidential election By Yeganeh Torbati DUBAI (Reuters) - Iranians are struggling with slower Internet speeds and limited access ahead of an unpredictable presidential election that has put hardline Islamist authorities on alert for possible unrest. Experts and web users say they believe the Internet obstacles are related to the June 14 presidential vote, the first since 2009 polls in which accusations of fraud - denied by the government - kindled months of protests organised in part via social networking sites like Facebook and Twitter. ... Read More »New iPhone apps worth downloading: Melt, MONTAJ update, Bombcats First up today is Melt, a social networking app that lets you exchange photos with random people around the world.MONTAJ, our second app today, makes creating and sharing videos easy and quick, offering filters and some editing capabilities. Finally, Bombcats puts a new spin on physics puzzlers by including exploding cats. Read More »Vodafone says comfortable with Verizon Wireless status quo LONDON (Reuters) - Vodafone said on Tuesday that it was very comfortable with its successful U.S. joint venture Verizon Wireless, but if an offer materialized that would benefit it more than the status quo, it would consider it. Vodafone's partner Verizon Communications has made little secret of its desire to buy out Vodafone in a multi-billion dollar deal that would be one of the largest of all time. Vodafone chief executive Vittorio Colao told journalists at a briefing that if an offer came in that was more advantageous than the current joint venture situation, the company would consider it. ... Read More »Apple accused of seeking 'the Holy Grail of tax avoidance' It's safe to say that Apple CEO Tim Cook won't be having much fun on Tuesday when he testifies before the Senate about his company's alleged tax dodging practices. The Hill reports that a new report from the Senate Permanent Subcommittee on Investigations has found that Apple has allegedly "funneled money through three offshore companies to dodge billions in taxes," which some senators say highlights major holes in U.S. tax law. Senator Carl Levin (D-Mich.), for one, said that Apple "sought the Holy Grail of tax avoidance" as it "created offshore entities holding tens of billions of dollars, while claiming that it was a tax resident nowhere." Senator John McCain (R-Ariz.), meanwhile, said that "a company that found remarkable success by Read More »Ericsson closes telecom cable manufacturing facility Read More » Video: Samsung's Galaxy S4 Active leaks again After being revealed on camera for the first time on Monday in a series of leaked photos, Samsung's unannounced Galaxy S4 Active has leaked once again. This time the upcoming smartphone has been given a quick preview in a video published by a MobileTechReview forum user. The S4 Active is a ruggedized version of Samsung's popular Galaxy S4, featuring shock-proofing, dust-proofing and slightly less impressive specs; it looks like the phone will forego the global S4′s eight-core processor and will also include an 8-megapixel camera instead of the original model's 13-megapixel unit. The video of Samsung's Galaxy S4 Active follows below. Read More »Ireland says has no special tax deal with Apple DUBLIN (Reuters) - Ireland does not have a deal with Apple Inc or any other company to tax their profits at a special 2 percent rate instead of the normal 12.5 percent, Ireland's European Affairs minister told Reuters 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 Dublin had handed the company a favorable rate. ... Read More »Kids, Don't Be Like Tumblr CEO David Karp Read More » The Irish loophole behind Apple's low tax bill 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. ... Read More »Internet cable from Cuba to Jamaica comes online 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. Read More »Sprint looks to snap up Clearwire with more appealing offer 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 Read More »Google's subscription music streaming service coming to iPhone and iPad – unofficially 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 Read More »Irish PM says U.S. Senate's Apple tax claims incorrect 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. ... Read More »Yahoo's rise in Asia offsets risk from Tumblr bet Read More » 18-year-old's invention can recharge a cell phone in 30 seconds 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. Read More »Intel CEO shakes up divisions, creates 'new devices' unit -source Read More » Facebook Scam Alert - What Really Happens When You "Like" Becky Worley explains the ins and outs of "Like Farming" - the dangers, and how to avoid them. Read More »With high-tech guns, users could disable remotely 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. Read More »Irish opposition calls for multinationals to face parliament 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) Read More »US envoy in Cuba engages critics on and offline
Leak points to '5G Wi-Fi' in next-gen Macs 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 Read More »The future is mobile "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 Read More »Some U.S. power companies say they face constant cyber attacks Read More » The gaming industry's great hope finally arrives: Microsoft unveils Xbox One 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. Microsoft is billing the new console as an all-purpose cloud-based entertainment system that isn't just for games but also for movies, music and television shows. The new console is able to connect to other living room Read More »BlackBerry shifting emphasis from smartphones to services Read More » Microsoft unveils new Xbox One game console REDMOND, Washington (Reuters) - Microsoft Corp gave the world the first look at its new game console on Tuesday, hoping the newly named Xbox One will build on a solid core of gamer fans and become a hub for living room entertainment. The third-generation console, coming eight years after the Xbox 360, was unveiled by games unit chief Don Mattrick at an event at the software company's campus near Seattle. The new Xbox interacts with a user's television, responds to voice commands, and includes Skype video calling. (Reporting by Bill Rigby; Editing by Gerald E. McCormick) Read More »Microsoft debuts completely redesigned Kinect for Xbox One Microsoft on Tuesday announced a redesigned Kinect sensor at its Xbox One press event in Redmond, Washington. The accessory comes bundled with the new gaming console and delivers improved voice recognition, among other new capabilities. Developing… Read More »Telefonica, Vodafone hit by defections in tight Spanish market MADRID (Reuters) - More than half a million Spaniards switched mobile phone operator in March to take advantage of the cheap deals on offer from competitors, with the market's main players Telefonica and Vodafone the biggest losers. In the first three months of the year more than 1.8 million consumers moved to another mobile company, data from telecoms regulator CMT showed on Tuesday. ... Read More »PayPal to be in all RadioShack stores starting in May Read More » Senators Turn Tim Cook's Hearing into a Genius Bar Visit The U.S. Senate's Permanent Subcommittee on Investigations had some tough questions for Tim Cook, CEO of computer giant Apple which stands accused of tax avoidance to the tune of billions of dollars. Questions like: "Why the hell do I have to keep updating my apps on my iPhone all the time and why you don't fix that?" That was a query from Sen. John McCain, and while Cook didn't have time to play AppleCare rep for the Arizona Republican, it wasn't the first or last time a Senator wanted to talk about his own Apple products. Read More »Apple is still the world's most valuable brand We all know that Apple shares have been taking a beating over the past several months but is that really a reflection of a drop in the company's underlying value as a brand? The latest brand value rankings from MarketingWeek suggest that the answer is "no," since the publication found that Apple's brand value has actually increased year-over-year and that it remains the best in the world. MarketingWeek says that a company's brand value is calculated by multiplying its earnings by the "brand contribution" percentage that "is determined by the proportion of financial value that is generated by the brand's ability to create loyalty." From this perspective, MarketingWeek says that Apple has held onto the top spot in brand value Read More »France Tel to invest up to 50 million euro in Dailymotion: report Read More » | ||||
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Tuesday, May 21, 2013
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