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The Irish loophole behind Apple's low tax bill

LONDON - Apple's ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs.

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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

Media 21 May 2013

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

21 May 2013

PayPal to increase marketing this year for offline push

SAN FRANCISCO - PayPal, the online payment operation owned by eBay Inc, will increase marketing spending to support its push into physical stores, President David Marcus said on Tuesday.

21 May 2013

Sony to assess spin-off proposal for entertainment business: Nikkei

- Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei reported.

Japan 21 May 2013

Some U.S. utilities say they're under constant cyber attack

WASHINGTON/BOSTON - Several power utilities say they face a barrage of cyber attacks on their critical systems, a report by two Democratic lawmakers found echoing warnings from the Obama administration that foreign hackers were trying to bring down the U.S. power grid.

Cyber Crime, Africa 21 May 2013

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