Is Apple Hiding Billions?

According to Apple’s Q4 corporate filings, the company channeled $11 billion into tax havens in a single quarter. The Sunday Times claims the company is sheltering a total of $94 billion in tax havens. However, Apple’s activities are completely legal and the IRS can’t do anything about it.

But Apple’s tax avoidance strategy is not limited to the US. The company is avoided an estimated £550 million in tax in Britain back in 2011. A different analysis suggests a £550 million tax bill. Let’s not forget Kate Middleton is about to have a baby, and babies tend to cost money, so shame on you Apple.

American politicians, from both sides of the political spectrum, like to have their photos taken next to anything Apple.  The company is often viewed as an American success story, as it managed to reinvent itself and come back from the brink to become the world’s second most valuable company.

Source…

Is NFC Catching On?

Near Field Communication (NFC) is steadily gaining adoption in the U.S. for sharing data and music among smartphones, but the technology faces years of slow growth as a replacement for physical wallets.

NFC will take a minimum of three more years to grab hold as a technology that enables so-called mobile wallets as a replacement for credit cards and cash in the U.S., according to a consensus of five analysts. And by “grab hold,” these analysts mean being used by only 10% of mobile phone users to make digital purchases.

Gartner analyst Avivah Litan predicts that NFC payments will hit the 10% threshold in 2015, compared to the process of SMS (texting) payments that is expected to represent 50% of mobile payment volume globally in that same year. “We’re still on the edge when it comes to NFC innovation,” Litan says. “It will take a decade before it’s mainstream across the globe.”

Dozens of new smartphones that run Android, BlackBerry and Windows, and that include an NFC chip, launched last year. But Apple notably did not put NFC in its new iPhone 5 when the phone launched in September. That move “surely had a significant detrimental impact on industry adoption of NFC,” Litan says, given Apple’s influence in the mobile market.

Apple justified the move by saying that consumers already could use its Passbook app, which shows barcodes on the display, instead of NFC. The barcodes contain information that can be scanned by optical readers to let users board planes and redeem movie tickets — tasks that Apple notes are “the kinds of things consumers need today.”

Some have criticized Apple for omitting NFC from the iPhone 5, which has led to a widespread reassessment of NFC’s immediate future, especially in the U.S.

Source…

Google Sells A Piece Of Motorola

Google plans to unload the TV set-top box business of its Motorola Mobility subsidiary to Arris Group, a broadband device vendor, for $2.35 billion.

Arris will also receive patents belonging to the business, called Motorola Home, and will get a perpetual license to other Motorola Mobility patents as part of the deal. The companies announced their agreement late on Wednesday and expect the sale to close by the second quarter of next year.

Google acquired Motorola Mobility in a closely examined deal that concluded in May. It bought the business primarily for its mobile assets and proceeded to seek a buyer for its Motorola Home division, which primarily makes set-top boxes for bringing video and other broadband services to TVs. Motorola Home had revenue of $3.4 billion in the year ending Sept. 30.

Despite the growth of Internet-based video services, Arris sees growth ahead in the set-top box business. The combined companies will have more than 500 customers in 70 countries, according to a press release.

“Every operator that we’ve talked to tells me that in-home devices are not going to go away,” Arris Chairman and CEO Bob Stanzione said on a conference call to discuss the deal. He sees a new generation of the boxes that will carry both traditional and IP (Internet Protocol) video services going into homes soon.

Source…

Is Google Going Wireless?

They already sells phones and tablets, provides a wealth of online services and has been laying high-speed fiber to people’s homes. Now Google is apparently  weighing the possibility of a wireless network service as well.

Google has been in talks with satellite TV provider Dish Network over a possible partnership to build out a wireless service that would rival those from carriers such as AT&T and Sprint, the Wall Street Journal reported late last week.

The talks are at an early stage and could amount to nothing, and Google is just one of many companies Dish is talking to, according to the Journal, which cited anonymous sources. But it raises the prospect that Google might expand its business in a new direction.

Dish has been buying spectrum that could support a wireless service, although it still needs regulatory approval to set one up. In an interview with the Journal Thursday, CEO Charlie Ergen said the partners Dish is talking to include companies that don’t currently have a wireless business.

Google declined to comment on the report, the newspaper said.

Source…

Is Apple Spying?

Apple, which was in all sorts of hot water when it was caught tracking its users, is up to its old tricks again.

Apple was slammed by privacy experts protested the use of a universal device identifier, or UDID, to track the online preferences of iPhone and iPad users. This made it a perfect target for hackers who broke into digital media firm Bluetoad and made off with close to a million device IDs.

It looks like Apple remains addicted to tracking its users. According to Naked Security iOS 6 has a new tracking system called IDFA, or identifier for advertisers. Like the UDID, the IDFA uniquely identifies your Apple device and any websites that you browse with your iPhone or iPad device can request the IDFA.

While UDID could be tracked to users the IDFA can’t be traced back to individuals, it merely links a pattern of online behaviour with a specific device. In other words, it knows all about you, just not your name.

Fortunately it can be disabled from within iOS, though Apple leaves it enabled, by default and hopes no one will notice. The IDFA acts like a persistent cookie on the phone: allowing advertisers to track user surfing behaviour on their phone and record interactions up to and including purchases or downloads.

Michael Oiknine, the CEO of mobile application analytics firm Apsalar said that IDFA offered many advantages over the discredited UDID. For a start the IDFA is reset when the device, itself, is reset. That will prevent user data from being corrupted when they sell or transfer their phone to a new owner, Oiknine said.

Source…

Does 4G Pose A Security Threat?

Could 4G Networks give way for more high-risk mobile security implications; Symantec is warning of such a wave of threats.

“We could see a move to the sort of threats that we already see on the wireless and fixed connected network,” John said. “Malware that you usually have on fixed networks, like botnets.

“There aren’t many botnets on mobile devices because the bandwidth’s not there to support it, once you go on to 4G [hackers] could start infecting systems.”

To ensure that enterprises avoid these these security threats, John advised that businesses need to be on their toes more than ever, look closely at everything that’s coming into the network, and not trust anything.

“Companies need to make sure that where traditionally it’s been a firewall with a perimeter with everything in a timeline environment,” John said. “What they need to look at is ‘what are my employees doing’, ‘what information is being shared’ and ‘how do we ensure our information is being protected no matter where it may be’, whether its mobile device, across networks or sitting in a cloud service.”

“This is a change we are going through, but 4G is going to push the need for that change even more so,” she added.

According to John, 4G will also be detrimental to businesses in the way it will add a greater burden for them to ensure that cloud services and mobility – what she calls “two of the biggest security challenges for enterprises and their employees” – are up to scratch.

Source…

Is Nokia Sitting On A Gold Mine?

Mobile phone company Nokia might be suffering, but the big technology companies are hoping that it does not wake up to the fact it is sitting on a troll’s gold mine.

Recently Nokia flexed its muscles and orderied Apple to pay Nokia a royalty fee for each iPhone sold. Logically it could clean up if it hit Google with something similar over its Android operating system. According to IP expert Florian Mueller, Nokia holds the most patents relating to the cutting-edge 4G/LTE technology.

This puts it in a position similar to what Microsoft had with its 2G/3G technology which allowed them to collect half of all the profits of each Android device sold. This gave Microsoft more than $3.2 billion per year so this indicates that Nokia will make triple this amount in the future. Nokia has sued HTC, RIM and View-sonic and their defence against Nokia is weak.

To make matters worse Nokia signed a 2010 cross-licensing agreement with Motorola which precludes Google from transferring the numerous patents it recently acquired from Motorola Mobility. This means that any protection that Google might have gained from owning Motorola Mobility are not counted. But this is only the tip of any iceburg and indicates how the entire mobile phone industry can be stuffed up by patents.

Recently a Google executive claimed that a standard smartphone contains more than 250,000 separate patented technologies. All of these have to be paid before a product can be released. What is worrying is that Nokia own a vast majority of this patented technology.

Source…

Chase Building 1/2 Billion Dollar Data Center

The enthusiastic backer of Enron and serial over charger of  mortgage payers, JPMorgan Chase has just splashed out on a new $500 million data center.

CEO Jamie Dimon announced the move which practically everyone in the IT industry finds a bit strange. While Chase is the US’s largest bank, the new facilities are a little big by anyone’s standard. It is about the same about of money that Google and Microsoft in their largest data centres for their cloud networks.

Dimon cited the figure as one of the advantages of being a big size. It can afford to invest cash in this way. Size lets Chase build a $500 million data centre that speeds up transactions and invest billions of dollars in products like ATMs and apps that allow your iPhone to deposit cheques, he enthused.

JPMorgan Chase operates two large data centres in Delaware and a 400,000 square foot facility. It also acquired data centres in its deals for distressed rivals Bear Stearns and Washington Mutual in the early days of the 2008 financial crisis. So why it needs a huge new one is anyone’s guess.

Source…

at@t Wants More

AT&T plans to buy NextWave Wireless, a holder of spectrum that could be used for mobile data services, for about $600 million.

NextWave owns licenses for spectrum in both the WCS (Wireless Communications Services) and the AWS (Advanced Wireless Services) band. AT&T said in a press release it plans to use that spectrum to feed “skyrocketing” demand for mobile data, but it will have to wait for an ongoing Federal Communications Commission review before it can take advantage of the WCS band.

The FCC auctioned WCS spectrum in 1997, but it has not been used for mobile data because of rules designed to prevent interference with satellite users in adjacent bands, AT&T said. In June, AT&T and satellite radio company Sirius XM filed a proposal to the FCC for using WCS while protecting the nearby satellite users, but the agency is still reviewing that plan. If it is approved, AT&T hopes to start using the WCS band in about three years.

The NextWave deal is only the latest in a series of moves by big mobile operators to secure more spectrum. AT&T characterized its proposed merger with T-Mobile USA last year, which was opposed by the FCC and other regulators, as first and foremost a deal to acquire spectrum. Verizon Wireless announced a deal earlier this year, which is still under FCC review, to acquire unused wireless licenses from major U.S. cable operators.

Source…

Is B.Y.O.D Proving To Be A Headache?

IT managers trying to cope with the growing bring-your-own-device (BYOD) trend can expect to see an explosion in the number of smartphones and tablets used by employees in the next few years.

As a result, IT shops won’t be able to provide the security necessary to protect company data, says Gartner analyst Ken Dulaney.

“The number of devices coming in the next few years will outstrip IT’s ability to keep the enterprise secure,” he said, adding that IT workers are “going crazy” and “get into fights” over whether users should have upgrades.

To help IT cope, software vendors should create what Dulaney called “beneficial viruses” that could be embedded in corporate data carried on mobile devices. These software tools would require users to have licenses in order to access files, just as digital rights management technology does with music and video files.

Beneficial viruses would also “be smart enough” to delete the sensitive data if a device is lost or stolen, or if data winds up on an unauthorized device, Dulaney said, adding, “It’s time for the SAPs and Oracles to begin thinking about doing that, and it’s a lot harder than we think.”

Today, IT shops use mobile device management software to monitor which mobile users are authorized to access applications and whether they can access the data outside the corporate cloud.

Source…

« Previous Page — Next Page »