Technology News
Europe closes in on tax havens; Austria agrees to swap bank data
BRUSSELS - Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to sharing data on foreign depositors and the EU focused on negotiating a similar agreement with Switzerland.
Recent Technology News
Ireland feels the heat from Apple tax row
DUBLIN - Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant Apple to shrink its tax bill.
Sony to assess spin-off plan; cuts targets for cameras, smartphones
TOKYO - Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there were "encouraging" signs of a revival in its electronics business.
Entertaining change: Sony to look at activist's spin-off idea
TOKYO - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, business partners and workers rather than shareholders seeking value.
Microsoft unveils Xbox One with Spielberg, Activision tie-up
REDMOND, Washington - Microsoft Corp unveiled the "Xbox One" on Tuesday, its first new gaming console in eight years, and its strongest push so far to dominate consumers' living rooms with an array of exclusive media content. | Video
Intel CEO shakes up units, creates 'new devices' group
SAN FRANCISCO - Intel Corp's new chief executive, Brian Krzanich, has launched a sweeping company reorganization and created a unit aimed at growing its market share in mobile technology. | Video
How Tumblr might ‘screw up’ Yahoo
The Yahoo-Tumblr deal’s most pressing issue isn’t what will come of balance sheets, it’s what will come of each organization’s corporate culture.
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