One year ago, International Data Corporation (IDC) predicted that the IT industry’s next dominant platform, built on mobile computing, cloud services, social networking, and big data analytics technologies, would begin its transition into the mainstream.
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Parallels (http://www.parallels.com/), which specializes in cloud services enablement (about two-thirds of the company’s business) and desktop virtualization software (including Parallels Desktop for Mac), has announced the appointment of new Chief Technology Officer (CTO) Michael Toutonghi, Chief Financial Officer (CFO) David Arkley and Vice President and General Manager of Europe and North Africa (EUNA) Jesper Frederiksen, who all fill key roles for driving Parallels’ continued growth.
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Posted by Greg Mills
Read MoreEconomist Martin Sullivan says Apple is no better than other multinationals that have been “painted as corporate tax dodgers by major media outlets.” This would seem to contradict a Nov. 3 report in which Citizens for Tax Justice estimated that Apple paid an average effective U.S. tax rate of 31% between 2008 and 2010.
That’s close to the ostensible corporate income tax rate of 35%, notes the “San Francisco Chronicle” (http://macte.ch/coRY2). Out of 280 companies in the study, only 49 had a higher effective tax rate than Apple.
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Posted by Greg Mills
The RIM PlayBook is being sold off at $99 as paperweights. Best Buy sold their existing PlayBook inventory that they had tried to return to RIM, unsuccessfully it seems. When they sold out at $99, it appears Best Buy has washed its hands of the worst dud since the Kin Phone Microsoft pulled from the market after about 6 weeks of humiliation and abuse in the press.
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