Information Age

Tech Companies And Their Love Affair With NSA and CIA

Keyhole Inc., a venture-capital funded startup, was acquired by Google in 2004. Its product became Google Earth. Its technology filtered into Google Maps and Google Mobile. One of the venture-capital investors? The CIA. It didn’t ruffle any feathers at the time. But now we have NSA leaker Edward Snowden and his media blitz.

Revealed: Apple’s “Offshore” Cash Isn’t Even Offshore

No one accused Apple of having violated US tax laws. The Senate hearings merely exposed how Apple is dodging income taxes by doing what multinationals do: taking advantage of handouts and loopholes that Congress hands them. Now it turns out that much of the discussion was based on a fairytale.

The French Government’s Exquisite Bullying

The French government is saddled with enough problems; in theory, it no longer needs to create new ones. But now it wrote another excellent chapter in its tome on how to interfere with private-sector businesses, hamper entrepreneurs, and encourage them to start up their operations elsewhere instead of creating jobs in France.

The Worldwide Economy Is Fine, But The Sales Reps Are Lazy – Or Something

Some of the crown jewels of corporate America have reported declining revenues and earnings, and have lowered their forecasts, and in doing so, have unleashed a flood of obfuscation and excuses – from Easter falling on the wrong date to lazy sales reps. So when Caterpillar reported on Monday, it was almost refreshing in its unvarnished ugliness.

Google Spy Drones For Street View?

In 2009, Google CEO Eric Schmidt, under fire for his company’s strategy to collect, store, and mine personal data, said on CNBC, “If you have something that you don’t want anyone to know, maybe you shouldn’t be doing it in the first place.” Privacy just makes you appear guilty. It’s the philosophy under which police states operate. But why a sudden about-face?

Intuit’s Long Hard Fight To Stick It To The Taxpayer

“The government imposed the income tax burden in the first place,” said former California Republican legislator Tom Campbell about the process of filing tax returns. “So if it wants to make it easier, for heaven’s sake, why not?” But two companies that sell tax preparation software and services have been lobbying tooth and nail against making it easier—and won.

Confident In The Security Of Skype And Other Encrypted Services?

Internet companies know practically everything about their users. And servers never forget. Advertisers, ID thieves, insurance companies, and others are trying to get this data. But “law enforcement” around the world can simply bully its way to it. Now Microsoft confessed: even your data and conversations on its encrypted services that you thought were secure aren’t because, upon request, it gives the crypto keys to governments around the world.

Outed By Facebook For Profit

Contributed by Chriss Street. Desperate to halt its stock’s dismal slide since going public, Facebook has increasingly sought new ways to make more money and prove its worth. As the builder of the largest “Big Data” treasure trove in history, Facebook is selling marketers and shady characters veiled access to its users’ deepest secrets.

H-P’s Big Investors Finally Can’t Take It Anymore

Investors are fuming. But traders, the lucky ones who got the timing right, love it. So do Wall Street firms that shuffle companies around. For decades, Hewlett-Packard did what they wanted it to do: swallow other companies, whole or in pieces, spit out some mangled limbs, and dump tens of thousands of employees. But someone ended up holding the bag.