US government

According to a report from Business Insider, Apple Inc has more money than the US government. The media portal said that "the world's largest tech company has more cash than the world's largest sovereign government."

Apple recently announced its financial results for the third quarter that revealed the company had $76.2 billion (£46.8bn) in cash and marketable securities at the end of last month.

The panel that oversights the TARP again accused the US government of supporting the wrong perception of financial firms that the federal authorities will always intervene to prevent big companies from failing.

Presenting its final report on the bank bailout the $700 bailout controlling panel said that the government was not articulating clear goals for its foreclosure prevention program. It also said federal intervention transformed the notion of 'too big to fail' into a stark reality.

According to security researchers the inability of Stuxnet worm to stay unnoticed may be explained by the failure of its creators to direct to a specified target. This summer the worm which was developed to infiltrate heavy-duty industrial control programs that monitor and manage factories, oil pipelines, power plants and other critical installations came to the experts’ view.

Transparency Report has been released by Google at the end of the last week. The report reflects how many requests for data governments across the globe have made.

Between January and June this year, the US government made 4,287 requests for data on the search engine's users. Same time, the UK government made 1,343 requests.

According to the study sponsored by the nonprofit Annie E. Casey Foundation and the Corporation for Enterprise Development (CFED), billions of dollars spent by the US federal government in tax breaks to help home ownership, retirement savings, business start-ups and education, in fact benefited a miserable group of wealthy people and did little to help low- and middle-income people build wealth.

A new study from a research firm called Google a monopolist and raised concerns over its adverse influence on the market and the economy on the whole. The report, titled "Googleopoly VI Seeing the Big Picture: How Google is Monopolizing Consumer Internet Media & Threatening a Price Deflationary Spiral & Job Losses in a $Trillion Sector", was prepared by Scott Cleland, President of Precursor--a tech communications research and consulting firm. It denounces Google and calls for the US government to take quick measures to prevent its further inundation of the industry.

According to the results of a study released by the Pew Internet & American Life Project major part of American consumers do not favor the idea of making affordable high-speed Internet access a government priority.

Pew conducted a survey which polled 2,252 adults nationwide over the phone and asked whether expanding affordable broadband access to everyone in the country should be a top priority for the federal government.

In a move to outstrip its rivals in providing federal and state agencies with new technologies Google Inc released a special version of its Web-based productivity software which is believed to be compliant with stringent U.S. government security requirements. Monday the search giant said that it will be the first company to offer email, calendaring and other "cloud-based" software products with a special government certification vouching Google's systems and practices meet hundreds of federally-mandated security controls.

The launch of new text4baby service, will let pregnant women get access to the resource for health information.

Text4baby service offers timely and expert health information through text messages to pregnant women and new moms through their babies' first year.

 More than $98 billion in taxpayer dollars spent by government agencies was wasted, much of it on questionable claims for tax credits and Medicare benefits, representing an increase of $26 billion from the previous year.

 As large and small companies in the United States are increasingly cutting their workforces the federal government meantime continues hiring employees with 600,000 scheduled to be employed with the next four years which is 50% more than it was hired over the previous four years.

Kenneth Feinberg, the US government's "pay czar", appointed by the White House to review and approve compensation for top executives at the seven companies receiving "exceptional" support from the government, suggested outgoing CEO Kenneth Lewis not to take any compensation for 2009.

 Government programs to fight the US home foreclosure crisis look increasingly inadequate and should be reworked, expanded and supplemented with new ideas, a congressional watchdog said in a report on Friday.

With a foreclosure filing occurring every 13 seconds, the United States is mired in a housing slump that is destroying billions of dollars in property values and threatening to choke off the economy's recovery from a stubborn recession.

 The chairman of the Federal Communications Commission warned Wednesday of "a looming spectrum crisis" if the US government fails to find ways to come up with more bandwidth for mobile devices. 

Julius Genachowski said the government is tripling the amount of spectrum available for commercial uses. The problem is that many industry experts predict wireless traffic will increase 30 times because of online video and other bandwidth-heavy applications. 

The Internet Corporation for Assigned Names and Numbers (ICANN) went before a Congressional panel today to defend its plan to create an unlimited number of new Internet domains (like.web, .food, etc.) I was a witness at the hearing, which made one thing clear: the “consensus” on new Internet domains is not as strong as ICANN would have us think.