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Microsoft

For Microsoft, $93B Abroad Means Avoiding $30B Tax Hit 9

Posted by timothy
from the what's-billed-vs-what's-owed dept.
walterbyrd (182728) writes "Microsoft Corp. is currently sitting on almost $29.6 billion it would owe in U.S. taxes if it repatriated the $92.9 billion of earnings it is keeping offshore, according to disclosures in the company's most recent annual filings with the Securities and Exchange Commission. The amount of money that Microsoft is keeping offshore represents a significant spike from prior years, and the levies the company would owe amount to almost the entire two-year operating budget of the company's home state of Washington."
PlayStation (Games)

The Tech Fixes the PS3 Still Needs, Eight Years On 10

Posted by timothy
from the needs-a-cupholder-for-metamucil dept.
An anonymous reader writes "The PlayStation 4 has well and truly arrived, but Sony's still selling its last-gen console by the pallet-load, eight years after first going on sale. Of course, as a new article points out, that's nothing compared to the PS2's astonishing 13 year manufacturing run. To help achieve that, the author outlines some tech fixes the PS3 could still do with, even after all this time, from tighter PS Vita integration, to yes, cross game chat. Can it make it past a decade, too?"
Earth

Eruption Of Iceland's Bardarbunga Raises Travel Alert to Red 15

Posted by timothy
from the melting-iceland dept.
The eruption of the Bardarbunga volcano in central Iceland, which appeared a strong possibility after a series of earthquakes, is currently underway, beneath the ice of the Dyngjujokull glacier. The BBC reports that Iceland has raised its air travel alert to red, its higest level, but that for now all of Iceland's airports remain open. CNN notes that "the underground activity did not immediately result in changes to volcanic activity on the surface ... Because of a pressure from the glacier cap it is uncertain whether the eruption will stay sub-glacial or not, Iceland 2 TV said."
Oracle

Oregon Sues Oracle For "Abysmal" Healthcare Website 61

Posted by timothy
from the finest-consultants-in-the-land dept.
SpzToid (869795) writes The state of Oregon sued Oracle America Inc. and six of its top executives Friday, accusing the software giant of fraud for failing to deliver a working website for the Affordable Care Act program. The 126-page lawsuit claims Oracle has committed fraud, lies, and "a pattern of activity that has cost the State and Cover Oregon hundreds of millions of dollars". "Not only were Oracle's claims lies, Oracle's work was abysmal", the lawsuit said. Oregon paid Oracle about $240.3 million for a system that never worked, the suit said. "Today's lawsuit clearly explains how egregiously Oracle has disserved Oregonians and our state agencies", said Oregon Atty. Gen. Ellen Rosenblum in a written statement. "Over the course of our investigation, it became abundantly clear that Oracle repeatedly lied and defrauded the state. Through this legal action, we intend to make our state whole and make sure taxpayers aren't left holding the bag."

Oregon's suit, alleges that Oracle, the largest tech contractor working on the website, made falsely convinced officials to buy "hundreds of millions of dollars of Oracle products and services that failed to perform as promised." It is seeking $200 million in damages. Oracle issued a statement saying the suit "is a desperate attempt to deflect blame from Cover Oregon and the governor for their failures to manage a complex IT project. The complaint is a fictional account of the Oregon Healthcare Project."

Comment: Re:Stupid metric system (Score 2) 86

by TWX (#47736971) Attached to: 2 Galileo Satellites Launched To Wrong Orbit
My theory is that most pre-Metric units were designed because they're sizing/spacing was convenient to the type of measuring and the task at hand.

I work on a lot of machinery. To cover a span of 1" or 24mm, I need almost half-again as many mm-sized tools as I need SAE-sized tools at 1/16" increments, and I can't omit any metric sizes because there's no rule that I've found on where one can go from x1mm to x2mm or x3mm spacing between fasteners. With SAE tools, once above 1-3/8, typically one only needs to carry 1/8" increments, and above 2", 1/4" increments.

0 degrees Fahrenheit is really cold, about the coldest that one can stand by simply bundling up, without having to resort to special clothing. 100 degrees Fahrenheit is pretty hot, about the hottest that one can stand without having to take special precautions with hydration and attire. By contrast, -18 degrees Celsius and 37 degrees Celsius aren't terribly intuitive.

SI also lacks a good equivalent to the Foot. Decimeters are only about 4" long, and meters are over 3' long, so nothing in between.

SI reminds me of hyperinflated currencies, where the units don't align well with real-world uses. I like the idea of base-ten conversion given our current numbering system, but the scales are off.

Comment: Re:English to English translation (Score 1) 413

by TWX (#47736855) Attached to: Tech Looks To Obama To Save Them From 'Just Sort of OK' US Workers
The only Scots that I can think of that one could get away with that on are either children that don't know any better, or actors that have played non-Scots subjects of the Queen so much that many in the audience don't know that they're Scottish.

So, basically David Tennant.

+ - Microsoft Admits Keeping $92B Offshore to Avoid Paying $29B in US Taxes-> 3

Submitted by walterbyrd
walterbyrd (182728) writes "Microsoft Corp. is currently sitting on almost $29.6 billion it would owe in U.S. taxes if it repatriated the $92.9 billion of earnings it is keeping offshore, according to disclosures in the company’s most recent annual filings with the Securities and Exchange Commission. The amount of money that Microsoft is keeping offshore represents a significant spike from prior years, and the levies the company would owe amount to almost the entire two-year operating budget of the company’s home state of Washington."
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