For the first time in 20 years Apple Inc. surpassed Microsoft in Q1 2011 quarterly profits and revenues due to a slowdown in PC sales and continuing huge losses in Microsoft's Online Services Division (which contains its search engine Bing). Microsoft profits were $5.2 billion, while Apple Inc. profits were $6 billion, on revenues of $14.5 billion and $24.7 billion respectively. Microsoft's Online Services Division has been continuously loss-making since 2006 and in Q1 2011 it lost $726 million. This follows a loss of $2.5 billion for the year 2010.
Microsoft CorporationMSMicrosoft Corp.
Intel CorporationIntel Corp. Intel Corporation
On June 6, 2005, Steve Jobs, then CEO of Apple, announced that Apple would be transitioning from its long favored PowerPC architecture to the Intel x86 architecture because the future PowerPC road map was unable to satisfy Apple's needs. The first Macintosh computers containing Intel CPUs were announced on January 10, 2006, and Apple had its entire line of consumer Macs running on Intel processors by early August 2006. The Apple Xserve server was updated to Intel Xeon processors from November 2006 and was offered in a configuration similar to Apple's Mac Pro.
Advancements by American microprocessor companies such as Advanced Micro Devices (AMD), and Intel along with both computer software and hardware companies that include Adobe Systems, Apple Inc., IBM, Microsoft, and Sun Microsystems created and popularized the personal computer. The ARPANET was developed in the 1960s to meet Defense Department requirements, and became the first of a series of networks which evolved into the Internet. These advancements then lead to greater personalization of technology for individual use., 83.8% of American households owned at least one computer, and 73.3% had high-speed Internet service. 91% of Americans also own a mobile phone.
Israeli software role in espionage and counter espionagedevelopedevoked comparisons
Many international technology companies have research and development facilities in this region, including companies such as Intel, IBM, Google, Facebook, Hewlett-Packard, Philips, Cisco Systems, Oracle Corporation, SAP, BMC Software, Microsoft, Motorola and CA.
International Business MachinesIBM CorporationInternational Business Machines Corporation
Also that year, IBM began announcing several major partnerships with other companies, including Apple Inc., Twitter, Facebook, Tencent, Cisco, UnderArmour, Box, Microsoft, VMware, CSC, Macy's, Sesame Workshop, the parent company of Sesame Street, and Salesforce.com. In 2015, IBM announced three major acquisitions: Merge Healthcare for $1 billion, data storage vendor Cleversafe, and all digital assets from The Weather Company, including Weather.com and the Weather Channel mobile app. Also that year, IBMers created the film A Boy and His Atom, which was the first molecule movie to tell a story. In 2016, IBM acquired video conferencing service Ustream and formed a new cloud video unit.
Silicon Valley, CaliforniaSan JoseValley
In 2014, tech companies Google, Yahoo!, Facebook, Apple, and others, released corporate transparency reports that offered detailed employee breakdowns. In May, Google said 17% of its tech employees worldwide were women, and, in the U.S., 1% of its tech workers were black and 2% were Hispanic. June 2014 brought reports from Yahoo! and Facebook. Yahoo! said that 15% of its tech jobs were held by women, 2% of its tech employees were black and 4% Hispanic. Facebook reported that 15% of its tech workforce was female, and 3% was Hispanic and 1% was black.
San Francisco, CaliforniaSan Francisco, CACity and County of San Francisco
In the second technological boom driven by social media in the mid 2000s, San Francisco became a popular location for companies such as Apple, Google, Facebook and Twitter to base their tech offices and for their employees to live. Since then, tech employment has continued to increase. In 2014, San Francisco's tech employment grew nearly 90% between 2010 and 2014, beating out Silicon Valley's 30% growth rate over the same period. The tech sector's dominance in the Bay Area is internationally recognized and continues to attract new businesses and young entrepreneurs from all over the globe.
Israeli economyeconomyIsrael's economy
Intel, Microsoft, and Apple built their first overseas research and development facilities in Israel, and other high-tech multi-national corporations, such as IBM, Google, HP, Cisco Systems, Facebook and Motorola have opened R&D centres in the country. The country's major economic sectors are high-technology and industrial manufacturing; the Israeli diamond industry is one of the world's centers for diamond cutting and polishing, amounting to 23.2% of all exports.
Motorola, Inc.Motorola SemiconductorMotorola Foundation
On November 17, Motorola Mobility stockholders approved the proposed merger with Google Inc. On April 17, 2013, ARRIS Group, Inc. (NASDAQ: ARRS) announced that it completed its acquisition of the Motorola Home business from a subsidiary of Google Inc. On January 29, 2014, Google announced Lenovo plans to acquire the Motorola Mobility smartphone business. The purchase price is approximately $2.91 billion (subject to certain adjustments), including $1.41 billion paid at close: $660 million in cash and $750 million in Lenovo ordinary shares (subject to a share cap/floor). The remaining $1.5 billion will be paid in the form of a three-year promissory note.
In 2016, Twitter cooperated with the Israeli government to remove certain content originating outside Israel from tweets seen in Israel. In the 11th biannual transparency report published on September 19, 2017, Twitter said that Turkey was the first among countries where about 90 percent of removal requests came from, followed by Russia, France and Germany. As part of evidence to a US Senate Enquiry, the company admitted that their systems "detected and hid" several hundred thousand tweets relating to the 2016 Democratic National Committee email leak.
Tel Aviv, IsraelTel-AvivTel Aviv-Yafo
Iraq hoped to provoke an Israeli military response, which could have destroyed the US–Arab alliance. The United States pressured Israel not to retaliate, and after Israel acquiesced, the US and Netherlands rushed Patriot missiles to defend against the attacks, but they proved largely ineffective. Tel Aviv and other Israeli cities continued to be hit by Scuds throughout the war, and every city in the Tel Aviv area except for Bnei Brak was hit. A total of 74 Israelis died as a result of the Iraqi attacks, mostly from suffocation and heart attacks, while approximately 230 Israelis were injured. Extensive property damage was also caused, and some 4,000 Israelis were left homeless.
In February 2011, Sun's former Menlo Park, California, campus of about 1000000 ft2 was sold, and it was announced that it would become headquarters for Facebook. The sprawling facility built around an enclosed courtyard had been nicknamed "Sun Quentin". On September 1, 2011, Sun India legally became part of Oracle.
According to the document, the NSA has set up task forces assigned to several smartphone manufacturers and operating systems, including Apple Inc.'s iPhone and iOS operating system, as well as Google's Android mobile operating system. Similarly, Britain's GCHQ assigned a team to study and crack the BlackBerry. Under the heading "iPhone capability", the document notes that there are smaller NSA programs, known as "scripts", that can perform surveillance on 38 different features of the iOS 3 and iOS 4 operating systems. These include the mapping feature, voicemail and photos, as well as Google Earth, Facebook and Yahoo! Messenger.
AustinAustin, TXTexas (Austin)
Other high-tech companies with operations in Austin include 3M, Apple, Amazon, AMD, Apartment Ratings, Applied Materials, ARM Holdings, Bigcommerce, BioWare, Blizzard Entertainment, Buffalo Technology, Cirrus Logic, Cisco Systems, Dropbox, eBay, PayPal, Electronic Arts, Flextronics, Facebook, Google, Hewlett-Packard, Hoover's, HomeAway, Hostgator, Intel Corporation, National Instruments, Nvidia, Oracle, Polycom, Qualcomm, Inc., Rackspace, RetailMeNot, Rooster Teeth, Samsung Group, Silicon Laboratories, Spansion, United Devices, and Xerox. In 2010, Facebook accepted a grant to build a downtown office that could bring as many as 200 jobs to the city.
Hyderabad, IndiaHyderabadiHyderabad city
The city is home to more than 1300 IT and ITES firms that provide employment for 407,000 individuals; the global conglomerates include Microsoft, Apple, Amazon, Google, IBM, Yahoo!, Oracle Corporation, Dell, Facebook, CISCO, and major Indian firms including Tech Mahindra, Infosys, Tata Consultancy Services (TCS), Polaris, Cyient and Wipro. In 2009 the World Bank Group ranked the city as the second best Indian city for doing business. The city and its suburbs contain the highest number of special economic zones of any Indian city. Like the rest of India, Hyderabad has a large informal economy that employs 30% of the labour force.
It is one of the Big Four or "Four Horsemen" of technology along with Google, Apple and Facebook due to its market capitalization, disruptive innovation, brand equity and hyper-competitive application process. Amazon is the most valuable public company in the world ahead of Apple and Alphabet. It is the largest e-commerce marketplace and cloud computing platform in the world as measured by revenue and market capitalization.
YouTube – Google Developers.
On November 1, 2007, Myspace and Bebo joined the Google-led OpenSocial alliance, which already included Friendster, Hi5, LinkedIn, Plaxo, Ning and Six Apart. OpenSocial was to promote a common set of standards for software developers to write programs for social networks. Facebook remained independent. Google had been unsuccessful in building its own social networking site Orkut in the U.S. market and was using the alliance to present a counterweight to Facebook. By late 2007 and into 2008, Myspace was considered the leading social networking site, and consistently beat out the main competitor Facebook in traffic.
Social networking websites such as Facebook, Twitter, and Myspace have created new ways to socialize and interact. Users of these sites are able to add a wide variety of information to pages, to pursue common interests, and to connect with others. It is also possible to find existing acquaintances, to allow communication among existing groups of people. Sites like LinkedIn foster commercial and business connections. YouTube and Flickr specialize in users' videos and photographs.
tax inversioncorporate tax inversioneffective tax rates
The EU have proposed the DST should be a 3% tax on revenues which would translate into an effective 10–15% tax rate (using pre-tax margins of 20–30% for Apple, Google and Microsoft); it is also expensible against national tax, and so the DST would reduce net Irish tax (e.g. Google Ireland would offset its DST against Irish CT). In April 2018, the EU Commission's GDPR rules forced Facebook to move 1.5 billion of the 1.9 billion Facebook accounts hosted in Ireland ( 79% of the 2.4 billion total global Facebook accounts), back to the U.S. The April 2018 Irish High Court ruling in the Max Schrems EU data-protection case could make Ireland even less attractive to Facebook.