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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.

  • Two techies among Time's Person of the Year candidates

    Apple CEO Tim Cook and Yahoo CEO Marissa Mayer are the two techiest candidates for the 2012 Time Person of the Year honor that will be announced this Wednesday. They also have competition from a couple of non-persons: the Higgs boson (or "God") particle of Large Hadron Collider fame and the Mars Rover.

  • Analysis: strong Apple team can fill in for Jobs

    The downside of being a company that gets as much press attention as Apple is that it cuts both ways: while even the most minor product release can grab headlines, less positive news gets amplified as well. So Steve Jobs's announcement on yesterday that he'd be taking a six month leave of absence for medical reasons has apparently caused more panic and consternation than Godzilla setting foot in Tokyo Bay.

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