Japanese electronics and entertainment conglomerate Sony could drop one of those divisions in the near future, as the company's board will soon discuss spinning off its entertainment division in order to help its electronics arm better compete against Apple and Samsung.

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Though they weren't grilled before a U.S. Senate subcommittee on Tuesday like Apple, Google and Yahoo rely on Irish subsidiaries to avoid taxes on billions of dollars in income, and they go one step further than Apple by utilizing offshore accounts.

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Apple on Wednesday updated its online storefront, adding a special section for Father's Day with a heavy emphasis on the iPad, iPad mini and related accessories.

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Google is looking to bring a version of its Chrome OS app launcher to the Mac, possibly as an add-on to the Chrome browser, allowing users to access a slew of Web apps normally available only from within the

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After Apple chief executive officer Tim Cook and chief financial officer Peter Oppenheimer appeared before the U.S. Senate Permanent Subcommittee on Investigations to explain the tech giant's offshore tax practices, the company has made available the opening statements as read in testimony.

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In the midst of a larger discussion with U.S. senators on international corporate taxes, Apple CEO Tim Cook took an aside to discuss another area of regulation where the iPhone maker would like to see changes: the United States' intellectual property protection environment.

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Appearing before a U.S. Senate subcommittee on Tuesday, Apple Chief Executive Tim Cook defended his company as a proud American business that pays more in taxes than any other U.S. corporation.

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Once again, the strength of Apple's products has led to the Cupertino company being honored as the most valuable brand in the world, topping not only tech rivals like Google and Microsoft, but also giants of industry like McDonald's and Coca-Cola.

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In opening remarks of a hearing Tuesday morning, the U.S. Senate Permanent Subcommittee on Investigations accused Apple of being the mastermind of elaborate tax avoidance practices that are unique to the iPhone maker.

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With Apple under fire for its low international tax rate thanks to corporate subsidiaries housed in Ireland, the Irish government has spoken out on the matter, saying its laws are not to blame.

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In response to the devastating tornado that hit Okalhoma City on Monday, U.S. wireless carrier AT&T announced it will be waiving all overage charges for those affected through June 30.

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In an update to its website on Monday, Apple revealed its newest retail location in Australia, at Rundle Place Centre in Adelaide, will open its doors on Saturday at 10 a.m. local time.

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As part of a special media event on Monday, Yahoo CEO Marissa Mayer unveiled major changes to photo management and sharing service Flickr, with full resolution image support, 1 terabyte of storage for each user, and a revamped user interface.

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Just hours after Apple published the full testimony which CEO Tim Cook plans to give to the Permanent Subcommittee on Investigations in the U.S. Senate, the government body issued its own findings on the company's offshore tax practices, saying subsidiaries were used to purposefully avoid paying billions of dollars in domestic taxes.

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When Apple Chief Executive Tim Cook testifies before the U.S. Senate this week, he will make his case for comprehensive corporate tax reform, arguing that the current tax system actually undermines the competitiveness of American companies.

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Apple on Monday published in full the formal testimony that Chief Executive Tim Cook plans to give before the Permanent Subcommittee on Investigations in the U.S. Senate.

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For every person who visited an Apple retail store last quarter, the company took in a record setting $57.60 in revenue, according to a new analysis.

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Yahoo on Monday announced it has reached a $1.1 billion agreement to buy Tumblr, the popular microblogging platform with a strong presence on Apple's iOS.

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This week's Google I/O saw no announcements of any new versions of the company's mobile operating system, Android, and that may be because the team that is building the system is working to address the platform's biggest problem: fragmentation.

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Given that Apple now sits on well over $144.7 billion in liquid resources, there's lots of discussion about how the company could or should be spending it. What Apple is already doing with its cash is actually more interesting.

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