The New York Times is out with the latest installment of its iEconomy series, which focuses on Apple, the world's most profitable company. The article details the elaborate -- and legal -- ways that Apple, and other tech companies, minimize their tax bills. Read More...

The CEO of a top research firm didn't mince words about Apple in a new blog post. "Apple will decline in the post Steve Jobs era," wrote George Colony, CEO of Forrester Research. "Here's why." The iPhone and iPad maker will coast for two to four years on its current momentum, Colony said; but Jobs, who died in October, left a void because his successor, Apple CEO Tim Cook, doesn't possess his star power. "[W]ithout the arrival of a new charismatic leader it will move from being a great company to being a good company, with a commensurate step down in revenue growth and product innovation," Colony wrote. Read More...

AT&T Inc. on Friday gave up on appealing an $850 award won by an iPhone user in small claims court, and sent him a check. Matt Spaccarelli, of Simi Valley, Calif., had sued the phone company because it was slowing down the data service on his phone. Spaccarelli has an "unlimited data" plan, but as of this fall, AT&T had begun slowing download speeds for these subscribers if they use more than a certain amount of data in a month. Read More...

Google's the third-quarter numbers painted a picture of a company operating in a bubble of prosperity amid a sputtering economy. While the U.S. economy's growth is shrinking, Google's is accelerating. The company's third-quarter revenue of $9.7 billion was 33 percent higher than the same time last year. It marked the fourth consecutive quarter that Google's year-over-year revenue growth has climbed. Google earned $2.7 billion, or $8.33 per share, in the three months ending in September. That was up 26 percent from nearly $2.2 billion, or $6.72 per share, a year earlier. Read More...

Hewlett-Packard on Thursday named Meg Whitman CEO, ending the disastrous 10-month run of Leo Apotheker. Whitman, the former eBay CEO for a decade, immediately takes over a tech giant that has seemingly lost its way. HP (HPQ) said Ray Lane, a former Oracle executive, will become executive chairman of the company's board of directors after previously serving as non-executive chairman. Read More...

As the U.S. Postal Service begins shuttering offices across the country to stem their ever-growing $9.2 billion deficit, the entire agency now faces default and could shut down next summer.
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Employees are bidding farewell to corporate America in the hope of finding a more secure, or at least fulfilling, future. They are reinventing themselves by starting their own companies or by pursuing long-put-off dreams that include creative or charitable endeavors. Read More...

Govrnement agencies, and big companies alike, all will have to rethink their approach to tech security. Information technology security is growing faster than spending on general technology and shows no sign of slowing up. Read More...