Verizon, the phone company whose disclosure of customer data to the U.S. federal government is at the center of the furor over cooperation by technology companies with top-secret national-security programs, has offered a precise, clear, but little-noticed public explanation of why it did what it did.
The Verizon explanation is not in the
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(SAN FRANCISCO) — Apple expects to expand its Silicon Valley workforce by nearly 50 percent during the next three years, signaling the company’s faith in its ability to keep coming up with hit products like the iPhone and iPad.
The projections detailed in a report released Tuesday envision Apple hiring 7,400 more workers at its
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(WASHINGTON) — A Senate panel says Apple Inc. is avoiding paying billions of dollars in U.S. taxes, but the world’s most valuable company says it is complying with the laws and pays “an extraordinary amount” in taxes to the U.S. …
After months of abysmal sales tallies, the Ron Johnson era is over at JC Penney. Now that Johnson’s “fair and square” no-coupons pricing policies have proved to be a failure, the department store will have to try something else …
Apple is going through a sour patch right now. On Monday, TIME columnist Tim Bajaran asked if Apple’s amazing run disrupting markets is over. The Cupertino-Calif.-based tech juggernaut has not introduced a truly break-through new …
Last Friday, the Dow Jones Industrial Average — the benchmark stock index of America’s blue chip companies — closed above 14,000 for the first time since the financial meltdown sent the U.S. economy into the worst crisis in …
The cost of advertising in the Super Bowl is rising, running an average of $4 million for a 30-second spot—up from $3.5 million last year and just $42,000 back in 1967. To justify the expense, advertisers aim to present fans with something more than just another entertaining but ultimately forgettable commercial.
For years, Apple consistently beat Wall Street expectations, not only because the company habitually low-balled its financial projections, but also because it was growing at a rate and scale that was virtually unprecedented in …
Every year, the Consumer Electronics Show in Las Vegas promises to unveil all sorts of gadgets that’ll not only make our lives better—but that we simply won’t be able to live without. Instead, what we get is stuff like the $99 “smart” fork.
Should broadband Internet service be treated as a basic utility in the United States, like electricity, water, and traditional telephone service? That’s the question at the heart of an important and provocative new book by Susan …
Google‘s landmark deal with the U.S. government, which was announced last week and ends a two-year federal investigation, has gotten a lot of attention, primarily for the Federal Trade Commission’s conclusion that Google has not …
It’s the time of year when lists are made forecasting the rise and fall of household expenses, big and small. Accordingly, it may also be time to tweak the family budget.
