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AP Top Technology News At 5 p.m. EDT
Panel: Apple uses firms outside US to avoid taxes WASHINGTON (AP) -- Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found....
Yahoo takes big leap with $1.1B deal for Tumblr SAN FRANCISCO (AP) -- Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times....
Idaho couple and Sun Valley land in Twitter tussle BOISE, Idaho (AP) -- An Internet entrepreneur and former Wall Street derivatives analyst contends central Idaho's Sun Valley resort and the Twitter Inc. social media site heisted his handle....
Silicon Valley-area hub becomes factory town FREMONT, Calif. (AP) -- In a busy factory, machinists move sheets of aluminum roll in the back door to be molded, stamped, twisted and notched into high-tech electric cars that sell for more than $60,000 each....
Seamless and GrubHub to combine, no terms revealed NEW YORK (AP) -- Rival online takeout services Seamless North America and GrubHub on Monday announced plans to combine and create a new company covering more than 20,000 restaurants in 500 cities across the U.S....
Blackstone group offers to take Pactera private Private equity firm Blackstone Group LP, along with Pactera's CEO and other managers, have offered to take Pactera private in a deal that values the Chinese technology consulting and outsourcing firm at $680.4 million....
High court uphold FCC power in cell tower disputes WASHINGTON (AP) -- The Supreme Court has affirmed the authority of federal regulators to try to speed local government decisions on proposals to build or expand cell phone towers....
A year after IPO, Facebook aims to be ad colossus NEW YORK (AP) -- It was supposed to be our IPO, the people's public offering....
Review: Toshiba brings high-res screen to Windows NEW YORK (AP) -- Last year, Apple added a visually stunning option to its MacBooks: screens with ultra-high resolution. These "Retina" displays reveal four times as much detail as any Windows laptop screen ... until now. Toshiba just released a new laptop line with a Retina-level display....
Ex-Groupon CEO working 9 to 5 on business album NEW YORK (AP) -- Former Groupon CEO Andrew Mason is diving into several new ventures, including indulging his inner rock star with an album of "motivational business music."...
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