u s treasury

u s treasury

Apple Tax Bill Overstated to Investors

allthingsd.com
Apple Inc.’s real tax bill isn’t as big as the one it reports to its investors. Among the findings of an investigation by the Senate’s Permanent Subcommittee on Investigations are figures that show Apple’s reported taxes substantially exceed the sum it actually pays the U.S. Treasury. One factor: Apple uses...
Apple Tax Bill Overstated to Investors

Andreessen Horowitz Hires Former D.C. Mayor Adrian Fenty To Be Its Newest Special Advisor

techcrunch.com
Andreessen Horowitz is announcing this afternoon that Adrian Fenty, the 41-year-old political star best for his turn as the Mayor of Washington, D.C. from 2007 to 2011, will be joining the venture capital firm in the role of “special advisor.” This is the second person join Andreessen Horowitz as a...
Andreessen Horowitz Hires Former D.C. Mayor Adrian Fenty To Be Its Newest Special Advisor
Google chairman Eric Schmidt 'perplexed' about foreign income tax controversy
REPORT: Department Of Homeland Security Prevents Payment Provider From Transferring Money To Bitcoin Exchange
Here's What Will Happen If We Don't Raise The Debt Ceiling

Bloomberg News Busted For Spying on Bankers

allthingsd.com
“Although we have long made limited customer-relationship data available to our journalists, we realize this was a mistake.” That’s what Bloomberg CEO Dan Doctoroff told employees in a company-wide e-mail following a complaint from Goldman Sachs that accused Bloomberg News journalists of using private subscriber information pulled from company data...
Bloomberg News Busted For Spying on Bankers

Cybersecurity in Focus as Obama, Xi Meet

allthingsd.com
Ahead of the summit meeting between the leaders of the U.S. and China, former U.S. Treasury Secretary Henry Paulson said cyber security is the biggest source of friction in the relationship between the countries, and a threat to the global economic system. The issue will likely be near the top...
Cybersecurity in Focus as Obama, Xi Meet

With An IPO On Its Radar, Lending Club Adds Former Treasury Secretary Larry Summers To Its Heavyweight Board

techcrunch.com
Today, Larry Summers became the latest prominent name to endorse Lending Club — the fast-growing peer-to-peer lending company that aims to connect creditworthy borrowers with smart investors — as the former U.S. Treasury Secretary joined the company’s growing, star-studded board of directors. The economist, also known for serving as the...
With An IPO On Its Radar, Lending Club Adds Former Treasury Secretary Larry Summers To Its Heavyweight Board
Is Modern Portfolio Theory Dead? Come On.

Limiting bidding on spectrum auctions could be costly, study says

www.pcworld.com
If the U.S. Federal Communications Commission limits the participation of the largest mobile carriers in upcoming spectrum auctions, it could cost the U.S. treasury billions of dollars, according to a study released Tuesday.The U.S. Department of Justice's Antitrust Division and some digital rights groups have called on the FCC...
Limiting bidding on spectrum auctions could be costly, study says

U.S. Treasury Department's mobile app contest brings on judges from Facebook, Google

thenextweb.com
MyMoneyAppUp, a mobile app idea contest launched by the U.S. Treasury Department back in June, has just announced it’s judges, featuring professionals from Google, Facebook and Harvard. The contest calls for ideas and designs of apps that could “help Americans control and shape their financial futures.” More specifically, here’s the...
U.S. Treasury Department's mobile app contest brings on judges from Facebook, Google
Backfire: Dropping U.S. citizenship could cost Facebook co-founder Saverin $43M

Google Just Made A $125 Million Bet On The Future Of Banking

www.businessinsider.com
Lending Club, the peer-to-peer loan site backed by Kleiner Perkins' Mary Meeker, has picked up an unusual investor: Google. Google led a new $125 million investment in Lending Club, the company announced, and nabbed a 7 percent stake, reports the New York Times' Michael De La Merced. With this investment,...
Google Just Made A $125 Million Bet On The Future Of Banking

Even the New $100 Bill is Going 3D [VIDEO]

mashable.com
If you had any doubts that 2010 is the year of 3D, this may put them to rest. The U.S. Treasury unveiled the new $100 bill today, which incorporates a “3D Security Ribbon” to combat piracy.The security strip’s series of digits and bell images jump to 3D life when...
Even the New $100 Bill is Going 3D [VIDEO]

YES! Congress isn’t killing white spaces broadband before it’s born

gigaom.com
Congress has reached a compromise on key wireless spectrum issues that had the potential to put the kibosh on innovation and competition when it came to both mobile broadband and unlicensed spectrum. The House and Senate had proposed language in a bill that interfered with the FCC’s ability to set...
YES! Congress isn’t killing white spaces broadband before it’s born

Google Earth is Coming Back to Iran, Cuba and Sudan

www.readwriteweb.com
Because of U.S. export restrictions, Internet users from Cuba, Iran and Sudan haven't been able to download Google Earth since 2007. This situation is about to change, however. According to the Ogle Earth blog, which has been monitoring this situation closely since Google first blocked these downloads, Internet users in...
Google Earth is Coming Back to Iran, Cuba and Sudan

Comcast pays $800,000 to U.S. for hiding stand-alone broadband

gigaom.com
The Federal Communications Commission has settled with Comcast over charges that the cable company made it hard for consumers to find stand-alone broadband packages that doesn’t cost an arm and leg. As part of the settlement Comcast paid the U.S. Treasury $800,000 and the FCC extended the length of time...
Comcast pays $800,000 to U.S. for hiding stand-alone broadband

The story behind "Inside Facebook"

tech.fortune.cnn.com
Miguel Helft and Jessi Hempel's exclusive look into the inner workings of the social network is full of new revelations. FORTUNE -- In eight years, the social network Mark Zuckerberg began coding in his Harvard dorm room has become a cyber institution with some 843 million users. Now, as Facebook readies...
The story behind "Inside Facebook"
SolarCity prices shares at $13-$15 for a $151M IPO

A different kind of FOSS at Facebook: “Friends Of Sheryl Sandberg”

thenextweb.com
When some people talk about ‘FOSS’, they’re not always referring to free, open-source software. According to a Fortune article entitled ‘Inside Facebook’, which will become available for reading in full over the next few days, FOSS is also used by former employees to describe people with power at Facebook who...
A different kind of FOSS at Facebook: “Friends Of Sheryl Sandberg”

Trade Sanctions Cited in Hundreds of Syrian Domain Seizures

krebsonsecurity.com
In apparent observation of international trade sanctions against Syria, a U.S. firm that ranks as the world’s fourth-largest domain name registrar has seized hundreds of domains belonging to various Syrian entities, including a prominent Syrian hacker group and sites associated with the regime of Syrian President Bashar al-Assad. The Syrian...
Trade Sanctions Cited in Hundreds of Syrian Domain Seizures

FCC tells Verizon you can't block tethering apps & Verizon settles for $1.25M

gigaom.com
Verizon customers will soon have the option of downloading Android apps that let them turn their phone into a mobile hotspot –apps that Verizon blocked initially because it didn’t want customers circumventing its $20 a month mobile hot spot fee. The FCC has determined that nation’s largest wireless carrier was...
FCC tells Verizon you can't block tethering apps & Verizon settles for $1.25M

Andrew Auernheimer AKA "The AT&T Hacker" Sentenced To 41 Months In Prison, 3 Years Probation And Restitution Of $73K

techcrunch.com
Andrew Aurernheimer, commonly known as AT&T Hacker Weev, has just received sentencing on one charge of conspiracy to access a computer without authorization (18 U.S.C. § 1030(a)(2)(C) part of the Computer Fraud and Abuse Act of 1986) and fraud in connection with personal information (18 U.S.C. § 1028(a)(7)). He will...
Andrew Auernheimer AKA "The AT&T Hacker" Sentenced To 41 Months In Prison, 3 Years Probation And Restitution Of $73K

"There is a technical term economists like to use for behavior like this. Unbelievable chutzpah."

parislemon.com
"There is a technical term economists like to use for behavior like this. Unbelievable chutzpah." - Edward Kleinbard, a law professor at USC speaking to NYT about Apple's overseas tax situation -- or lack thereof.  One potentially good thing out of all this, Tim Cook will address it directly tomorrow...
"There is a technical term economists like to use for behavior like this. Unbelievable chutzpah."

After two-year hiatus, EFF accepts bitcoin donations again

www.pcworld.com
The Electronic Frontier Foundation has resumed accepting bitcoins donations, saying some of the legal ambiguity around the virtual currency has disappeared.The influential digital watchdog stopped accepting bitcoins two years ago citing a raft of complex legal questions that could have inadvertently thrust the nonprofit as a defender rather than...
After two-year hiatus, EFF accepts bitcoin donations again

Readying For An IPO, Peer-To-Peer Lending Marketplace Lending Club Raises $125M From Google And Others At $1.6B Valuation

techcrunch.com
Peer-to-peer lending platform Lending Club is announcing a huge new investor today: Google. Google and existing investor Foundation Capital have put $125 million in Lending Club, which was valued at $1.55 billion in the round. As part of this investment Google will take an observer seat on the Lending Club...
Readying For An IPO, Peer-To-Peer Lending Marketplace Lending Club Raises $125M From Google And Others At $1.6B Valuation

AT&T to pay $700,000 fine and refund wireless customers over billing error

www.techhive.com
AT&T has agreed to pay a $700,000 fine to the U.S. Treasury for unfairly forcing pay-as-you-go wireless data customers into monthly data plans. The wireless provider has also agreed to refund the customers who were affected, and to return them to their grandfathered-in pay-as-you-go plans (if they're still eligible)....
AT&T to pay $700,000 fine and refund wireless customers over billing error

IPO Task Force Leader: JOBS Act a Wake-up Call for Startups

www.readwriteweb.com
"A lot of the noise in the market right now is about bringing back irresponsible IPOs. That is a short-lived strategy, and a wrong-headed strategy." This from Kate Mitchell, the former chair of the National Venture Capital Association, and current Managing Director of Scale Venture Partners. "Our objective is to...
IPO Task Force Leader: JOBS Act a Wake-up Call for Startups

Practical Advice From Female Entrepreneurs Who Stand Out In A Sea Of Dudes

www.fastcompany.com
Like many entrepreneurs, Nicole Kendrot turned a problem into a business opportunity. In her case, the problem was student loans--not just the amount of debt, but managing the payments. Her solution: to design a mobile app to track multiple loans and gamify the payback process so users can earn cash...
Practical Advice From Female Entrepreneurs Who Stand Out In A Sea Of Dudes

Andreessen Horowitz Adds To Its Powerhouse Of Talent, Names Enterprise Tech Veteran Ken Coleman As Special Advisor

techcrunch.com
VC firm Andreessen Horowitz is announcing another major win for its powerhouse of talent—— Ken Coleman, enterprise tech veteran, is joining the firm as a Special Advisor. Coleman is a Silicon Valley pioneer and former chairman/CEO of ITM Software, and a trusted mentor to countless IT companies and entrepreneurs, including...
Andreessen Horowitz Adds To Its Powerhouse Of Talent, Names Enterprise Tech Veteran Ken Coleman As Special Advisor
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