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In: IT news
29 Jul 2011Scott Olson/Getty Images Some Interesting Accounting From Groupon: An accounting metric used by Groupon has attracted the attention of the Securities and Exchange Commission. Appearing in the regulatory filings as “adjusted consolidated segment operating income,” or adjusted CSOI, the figure ignores Groupon’s massive marketing expenses. Columbia University law professor John Coffee tells The Wall Street [...]
In: IT news
29 Jul 2011On today’s digits: Fox shows go behind a paywall online; Moody’s downgrades Nokia; Nick Wingfield explains how EA’s taking into account holiday sales boosted the videogame maker’s earnings; Katie Boehret offers her tips for mastering Lion OS for Macs; tablet owners love to shop; and – is the government tracking you through your cell phone? [...]
The Director of National Intelligence says it’s “difficult to answer” whether the government has the right to track Americans’ location through cellphones for intelligence purposes, according to a letter sent to Congress Wednesday. “The government has some authority to collect cell phone mobility data under appropriate circumstances,” but the amount of evidence that can be [...]
In: IT news
29 Jul 2011Anonymous, a group famous for its computer attacks, is now asking followers to participate in an old-fashioned boycott. Reuters This morning the hacker collective posted an “official communique” asking supporters to stop using PayPal, the online payment system: “Join us in our latest operation against PayPal – tweet pictures of your account closure … spread [...]
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