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Cisco Earnings Beat Estimates, but Only by a Little
Cisco Systems reported earnings that slightly beat the revised estimates of analysts for its fiscal second quarter. The company reported earnings of 37 cents per share on sales of $10.4 billion. The...
View ArticleAmazon's Exit Spurs Tax Fight in Texas
The planned closure of an Amazon.com Inc. distribution center in a suburb here has opened a debate about whether taxes or jobs is the better answer for Texas’ tattered budget. The online retailing...
View ArticleWalmart's Pitch for Amazon Affiliates
First it was Barnes & Noble. Now Walmart is trying to capitalize on Amazon.com’s sales-tax battles with state governments. Walmart.com said Wednesday that it “welcomes Amazon and Overstock...
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It's That Time of the Year: More Tax Apps Hit the Market
Intuit, which already has an iPhone app for filing the simplest of tax returns, this week introduced an iPad version of TurboTax capable of handling more complex returns. “TurboTax is the first and...
View ArticleCybercrooks Digging for Tax Data
It’s tax season, which means cyber-thieves are trawling the Web and sending counterfeit email in the hopes of snaring your personal tax data. And they’ve created websites with reasonable-seeming...
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Video: Vivek Kundra, CIO Of United States, Talks IT Spending
What would you do with an IT budget of $80 billion? That’s the job facing Vivek Kundra, whose actual title is CIO of the United States of America. In video released by The White House today, he talks...
View ArticleRetailers Push Amazon on Taxes
Wal-Mart Stores Inc., Target Corp. and other large retailers are ratcheting up a political campaign to force Amazon.com Inc. to collect sales taxes, sensing opportunity in the budget crises gripping...
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Amazon Cuts California Affiliates Loose Over New Tax Law
Amazon has notified all California residents who participate in its affiliates program that a new tax law means they will no longer receive fees for referring site traffic that resulted in a sale. The...
View ArticleAfter 20 Years, Missing CEO Reappears
For more than 20 years, tech tycoon William H. Millard was one of the world’s most elusive tax exiles, leaving financial footprints in Singapore, Ireland and other locales while racking up an unpaid...
View ArticleSenator Disputes Oracle's Claim About New Jobs
A 2004 tax break for U.S. companies bringing home overseas profits didn’t lead to more net U.S. jobs at technology company Oracle Corp., the company that claimed to have generated the biggest job...
View ArticleYahoo: Center of Global Chess Game
As Yahoo Inc. maps out its future, a new plan has emerged for the fate of its overseas investments, which are the critical part of any deal to sell the company. The Internet pioneer has been exploring...
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Seven Questions for Cisco Systems CEO John Chambers
Shortly after he concluded his quarterly earnings conference call Thursday, Cisco Systems CEO John Chambers called me up — upbeat and understandably so. Cisco appears to have continued its recovery...
View ArticleAmazon Softens Stance on Taxes
Amazon.com Inc. reached an agreement with Texas officials Friday to begin collecting sales taxes in the state starting in July and appears to be backing away from its long-held opposition to tax...
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Apple and Taxes: What the New York Times Missed
I have never seen the exterior of the offices of Braeburn Capital in Reno, Nevada, and so I have the New York Times to thank for the photograph of its offices that accompanied its Sunday front-page...
View ArticleTax Break Nears End for Online Shoppers
Republican governors, eager for new revenue to ease budget strains, are dropping their longtime opposition to imposing sales taxes on online purchases, a significant political shift that could soon...
View ArticleSprint Gets SEC Subpoena Tied to Sales Tax
Sprint Nextel Corp. said it received a subpoena from the U.S. Securities and Exchange Commission in connection with its probe over the wireless carrier’s collection of state and local taxes. The SEC’s...
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Facebook 8-K: Zuckerberg Will Not Sell Any Shares for One Year (Filing)
In a regulatory filing today, seeking to steady its declining shares, Facebook said that its CEO and co-founder Mark Zuckerberg will not sell any of his over 500 million in shares of the social...
View ArticleVerizon Wireless Pays Another Big Dividend, Avoids a Tax Hike
Verizon Wireless, the biggest U.S. mobile network, will pay its shareholders an $8.5 billion dividend before the end of the year, after a $10 billion payout in 2011. That means another big payday for...
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Why Cisco CEO John Chambers Loves Canada
Cisco Systems CEO John Chambers apparently likes the way they do things up north. On a day when his company reported earnings that slightly beat the expectations of analysts and sent Cisco shares up by...
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What Proposition 30 Means for California’s Entrepreneurs
Kevork Djansezian/Getty Images NewsNothing terrifies investors or entrepreneurs as much as the concept of expropriation. When governments decide to expropriate legally obtained assets, entrepreneurs...
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