Senate panel hammers Apple over offshore tax strategies
WASHINGTON - Apple Inc came under fire on Tuesday at a Senate hearing over an investigation that alleged the U.S. high technology icon has kept billions of dollars in profits in Irish subsidiaries and paid little or no taxes to any government.
Tech, labor brandish dueling studies in U.S. immigration fight
WASHINGTON - The technology industry and organized labor are locked in a fight that threatens to complicate the U.S. Senate's immigration bill.
Found 4 days ago on channel Reuters
GraphLab Raises $6.75M For Data Analysis Used In Consumer Recommendation Services
GraphLab, the open-source distributed database, has received $6.75 million from Madrona Venture Group and NEA for its machine learning technology used to analyze data graphs for recommendation engines. Developed five years ago at Carnegie Mellon University five years ago, the open-source data analysis platform takes semi-structured data that describe relationships between people, web traffic, product purchases and other data. It then analyzes that data for services to provide online recommendations. Graph databases, similar to Graphlab, have increased in use as more data needs correlating to better understand its meaning. Wikiepdia describes graph database in the context of graph theory. It applies mathematical structures “used to model pairwise relations between objects. A graph in this context is made up of vertices or nodes and lines called edges that connect them.” It’s the ability to make the connections between billions of nodes and lines that forms the basis for making recommendations. ...
Why Zuckerberg's Lobby Is Collapsing Like A House Of Cards Outside Of DC
“Power is a lot like real estate. It’s all about location, location, location.” — Frank Underwood, House of Cards At this very moment, Mark Zuckerberg’s political lobby, FWD.us, is probably taken aback at how reviled it has become, both from the public and its own members. After all, there are countless political technology lobbies, including Facebook’s own Political Action Committee, which routinely offer Republican candidates campaign cash for quid pro quo political favor. So, why, after discovering FWD.us indirectly supporting the controversial Keystone Pipeline initiative, have would-be supporters flooded their Facebook page with scathing comments, and its A-list supporters, such as Tesla’s Elon Musk, ditched the group? Unlike other lobbies, FWD.us burst on to the scene with a very public op-ed from its celebrity founder, promising to galvanize the latent civic passions of Silicon Vally’s netizens in a noble crusade to advance the knowledge society. While one hand extended ...
China rejects Pentagon charges of military espionage
WASHINGTON - China is using espionage to acquire technology to fuel its military modernization, the Pentagon said on Monday, for the first time accusing the Chinese of trying to break into U.S. defense computer networks and prompting a firm denial from Beijing.
Found 2 weeks ago on channel Reuters