Corporate and legal

Internet sales tax, here we come?

The days of shopping online and being able to duck sales taxes may soon come to an end. The U.S. Senate is slated to vote on the Internet sales tax sometime next week, according to Reuters.

Internet tax supporters, with backing from Walmart, Macy's, and Best Buy, are hoping a Senate vote will give them enough political leverage to require Americans to pay sales tax whenever buying goods online. This could usher in the first national Internet sales tax ever.

According to Reuters, Senate Majority Leader Harry Reid filed a motion on Thursday supporting the proposal. Since Reid … Read more

Mozilla takes hard stance on protecting Web site certificates

It's happened to everyone -- you visit a Web site and instead of the browser taking you directly to it, you get a notice that says you're about to visit an untrusted site. The reason this happens is because the browser hasn't certified the site.

This type of action could mean a slow death for such a Web site, since messages like these tend to scare off users.

Mozilla, Firefox's parent company, is now contemplating whether to give international telecom giant TeliaSonera this type of punishment, according to the Register. Apparently Mozilla might refuse to include … Read more

YouTube defeats Viacom copyright lawsuit -- again

For the second time in the past three years, YouTube has beaten Viacom in a long-running copyright infringement case that accused the video-sharing site of turning a blind eye to illegally uploaded videos.

U.S. District Judge Louis Stanton granted the Google-owned video site's request for summary judgment on Thursday, agreeing that the Digital Millennium Copyright Act's "safe harbor" provisions protected YouTube from liability.

Viacom, parent company of Paramount Pictures and MTV, filed a $1 billion lawsuit in 2007, accusing YouTube of encouraging copyright infringement and profiting when users upload unauthorized TV and movie clips. Google … Read more

IBM earnings fall short as mainframe deals slip

IBM's first quarter fell short of expectations as deals slipped into the second quarter. IBM's comments about a poor finish to the first quarter is becoming a common refrain among enterprise technology companies.

The company reported first-quarter earnings of $3 billion, or $2.70 a share, on revenue of $23.4 billion, down 5 percent from a year ago. Non-GAAP earnings for the first quarter were $3 a share.

IBM was expected to report first-quarter earnings of $3.05 a share on revenue of $24.6 billion.

CEO Ginni Rometty said that the company saw a strong start … Read more

Nokia hints at U.S. flagship phone even as sales lag

Nokia is still struggling in the U.S., but there's hope that another flagship phone is on its way.

CEO Stephen Elop said on a conference call Thursday that this current quarter will mark a season of new product introductions. Most importantly, he hinted at a phone carrying "hero," or flagship, status with a leading U.S. carrier.

The product is likely to be the rumored variant of the Lumia 920 for Verizon Wireless. The phone is important because it gets Nokia into the nation's largest wireless carrier in a much bigger way, carrying with it … Read more

Tech luminaries dominate Time's 100 Most Influential People

Technology luminaries have once again found a home in Time's "100 Most Influential People In the World" series.

The list, which this year includes everyone from artist Jay-Z to Pope Francis, is filled with technology big shots including Jens Bergensten and Markus Persson, the creators of wildly popular PC title Minecraft; Perry Chen, CEO and co-founder of Kickstarter; and Google Ideas director Jared Cohen.

Technology leaders have always been staples on the Most Influential list, and such giants as Steve Jobs have made their way into the listing. This year's selection, however, appears to be a … Read more

Verizon's new phone upgrade policy draws scrutiny

Verizon Wireless' decision to extend the wait time for a phone upgrade has some concerned about the potential consumer reaction.

Verizon recently said it would do away with early upgrades, forcing consumers to wait the full 24 months before they are eligible to buy a new phone with the lower subsidized price. Customers previously had to wait only 20 months before getting the early upgrade.

The move comes as T-Mobile said it would do away with contracts and subsidized pricing, providing a better financial deal to consumers. From a broader industry perspective, more consumers are starting to move away from … Read more

Apple tries to patent tech behind iTunes U

The technology behind Apple's iTunes U, a repository of educational information for students and teachers, has been outed by the U.S. Patent and Trademark Office.

According to Patently Apple, which first to discover the patent application on Thursday, Apple filed for a patent on the technology that powers iTunes U. Interestingly, the technology in the patent application is called Virtual University, but Apple ostensibly decided it wasn't the right name for its service.

So, what does Apple's application describe? The application describes a method by which instruction information is displayed within a graphical user interface. The … Read more

Verizon sold 4M iPhones in Q1

Verizon Wireless sold 4 million iPhones in the first quarter.

The breakdown of iPhone sales was split evenly between the iPhone 5 and older iPhones, Chief Financial Officer Fran Shammo said during a conference call Thursday.

The company sold 7.2 million smartphones in the period, with 28 percent going to customers new to Verizon. Shammo declined to provide a figure for Android sales.

In total, Verizon sold 9.7 million devices on a contract basis, with 87 percent of those being phones of some sort.

The 4G LTE push continued in the first quarter. Verizon activated 5.9 million … Read more

Verizon profit up 16 percent as wireless growth chugs along

Verizon bounced back from a tough fourth quarter and started the year off strongly.

The telecommunications provider today posted a first-quarter profit of $1.95 billion, or 68 cents a share, compared with a year-earlier profit of $1.67 billion, or 59 cents a share. Revenue rose 4.2 percent to $29.42 billion from a year ago.

Analysts, on average, projected per-share earnings of 66 cents and revenue of $29.55 billion, according to Thomson Reuters.

Growth, as usual, was driven by the Verizon Wireless unit, which generated $19.5 billion in revenue, up 6.8 percent from a … Read more