business

Apple paid no U.K. tax last fiscal year, despite millions in profits

Apple has found a way to save itself from paying taxes to the U.K., a new report out of the country claims.

Despite generating pre-tax profits of 68 million pounds ($103.6 million) during its last fiscal year that ended in September 2012, Apple didn't pay a single dime in taxes to U.K. authorities, The Financial Times reported Sunday, citing corporate filings with the U.K. government. In the prior year, Apple paid 11.4 million pounds.

So, how did Apple sidestep those taxes? According to The Financial Times, the company awarded millions in stock awards to … Read more

Crave Ep. 126: Your face, printed on a latte

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Let's Cafe prints images on the top of coffee, turning your cup of joe into a whole new visual experience. Plus, we help lazy dog owners play with their dogs without getting their hands dirty, and we also try on the amazing Tetris LED tie. All that and a little more on this week's Crave. … Read more

Apple pitches iOS 7 features to schools, businesses

With iOS 7 still taking shape, Apple's already begun making the pitch to schools and businesses to use it.

In two new pages that went up on Apple's Web site Wednesday, the company highlights, for both groups, some of the changes and new features in the upcoming software, even though iOS 7 is still in development.

One of the main focuses of the new documents is how schools and businesses can roll out apps to users through the App Store, which comes pre-installed on all of Apple's devices.

The company also highlights single sign-ons for apps, new … Read more

Qualcomm finally completes $120M investment in Sharp

Qualcomm's $120 million investment in Sharp has officially been completed.

Back in December, Qualcomm announced that it would invest $120 million in the ailing Sharp in return for about 3.5 percent ownership. Qualcomm dropped $60 million into Sharp when the deal was announced, but decided to keep the balance until Sharp met several conditions, including the fabrication of power-conserving screens.

In March, Sharp announced that it wouldn't meet all of the conditions, prompting Qualcomm to withhold its remaining $60 million investment until the company could get to where it needed to be.

In a statement (PDF) on … Read more

HTC executive compensation cut by 51 percent after poor year

HTC, the embattled smartphone maker, cut its executive compensation by a ton in 2012.

The company revealed in its 2012 Annual Report on Friday that it paid 660.5 million New Taiwan dollars ($22 million) in total compensation to its executives. The compensation includes salary, retirement pay, bonuses, and profit-sharing, according to the Dow Jones, which was first to report on the figures. The NT$660.5 million is down 51 percent compared to 2011, when the company paid out NT$1.36 billion to its executives.

The decision was made last year as HTC's performance continued to dwindle. … Read more

Amazon's secret weapon: $600 million in annual ad revenue

Amazon might be making the bulk of its cash on online sales and tablets, but the company has been quietly building an awfully large advertising business.

According to new data released on Tuesday by research firm eMarketer, Amazon generated $610 million in ad revenue last year, up 45.5 percent compared to 2011. What's more, eMarketer expects Amazon to generate $835 million this year, generating a 37 percent gain over the previous period.

So, how did Amazon do it? The company has been generating revenue from ads in search results on its own pages. The company also generates ad … Read more

Sony: Things are looking better than we thought

Although Sony has been in a bit of trouble over the last few years, things appear to be looking up.

The company on Thursday revised its initial forecast for the fiscal year ended March 31, saying that its sales will rise 3 percent compared to its initial forecast, landing at 6.8 trillion yen (about $69 billion). Better yet, Sony has bumped up its operating income and net income figures by 76.9 percent and 100 percent, respectively.

If Sony's final numbers for the fiscal year match its forecasts, the company will have dramatically improved its performance over the … Read more

WorldCard Link 1.2.0 Review

There is something about a business card. That small piece of cardstock is the foundation of millions of networking success stories every year, making it a vital tool for anyone who frequently goes to networking events, business lunches, or conferences. Yet, increasingly contact lists and communication tools are online only, so the traditional business card holder isn't an option to organize all that useful information. This is why apps like WorldCard Link are becoming increasingly popular, providing a quick and easy way to digitize business cards and share contact information.

WorldCard Link is an ingenious blend of technology both … Read more

Amazon's Bezos leads $5M investment in Business Insider

Amazon Chief Executive Jeff Bezos led an investment group that pumped $5 million in news Web site Business Insider.

In a press release, the news site's co-founder, Henry Blodget, said that Bezos Expeditions, the executive's investment company, led the new round of financing that also included existing Business Insider investors Institutional Venture Partners and RRE Ventures.

"On a personal note, I will add that we are totally stoked about this," Blodget wrote.

In a note to staff, Blodget noted that the proceeds will be used to invest in editorial, technology, sales and marketing, subscriptions, and events. … Read more

AVG AntiVirus Business Edition 2013 Review

AVG AntiVirus Business Edition 2013 continues the slimmer, flatter redesign from 2012, and brings the same interface improvements from its younger, smaller Free and Pro Antivirus counterparts.

The AVG installer will walk you through a few screens and present the option to install or omit additional products like Identity Protection, Email Scanner, and Surf-Shield. However, it also includes additional tools more appropriate for corporate IT environments, like Remote Admin. The AVG Toolbar is also offered, though, as opt-in as opposed to the opt-out setups found in the free counterparts. AVG does include Do Not Track, which some users may find … Read more