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IRS audit finds Microsoft owes nearly $29 billion in taxes, company plans to appeal

GeekWire

(GeekWire File Photo) An IRS audit examining nearly a decade of Microsoft financial reporting has found that the company owes $28.9 billion in tax for 2004 to 2013, plus penalties and interest, Microsoft said Tuesday afternoon. The determination is not final, and the company says it plans to appeal. corporate income taxpayers.

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Relic Entertainment, the Vancouver studio behind ‘Company of Heroes,’ lays off 121 employees

GeekWire

Company of Heroes 3. Relic Entertainment Image) The Canadian video game studio behind the Company of Heroes and Warhammer 40,000: Dawn of War series is laying off 121 employees. Under THQ’s roof, Relic developed the Dawn of War series, which released three games and multiple expansions between 2004 and 2017.

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Haptics company that successfully sued multiple tech giants goes after Valve

TechSpot

Back in 2004, Immersion won a lawsuit against Sony, claiming the Japanese firm had used its haptic feedback (rumble) technology. The Verge notes that since then, it has launched lawsuits against Microsoft, Apple (for Force Touch and 3D Touch on the iPhone 6 and Apple Watch variants), Google, Motorola, and. Read Entire Article

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Avalara co-founder leads new advisory firm helping companies create digital assets

GeekWire

based advisory company that is helping brands use regulated digital assets to capitalize on their products and projects. But some believe the “metaverse” is dead , given how the hype around virtual worlds from companies such as Meta and Microsoft has quickly been replaced by generative AI and other trends. billion.

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Providence’s Tegria adds another company, acquires healthcare consulting firm Cumberland

GeekWire

Seattle-based Tegria , a healthcare services and tech company that Providence launched last year, announced the acquisition of Franklin, Tenn.-based Founded in 2004, Cumberland advises healthcare clients in the payer and provider markets. Tegria now comprises of ten companies with more than 3,000 people spread across the country.

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Longtime Microsoft hardware leader Panos Panay is leaving the company after 19 years

GeekWire

The company announced his departure in an internal email Monday. Photo by Dan DeLong for Microsoft) Panos Panay , the Microsoft chief product officer who oversees the Windows and Devices division, is leaving the company in a surprise departure. Team, After nearly 20 years at the company, Panos Panay has decided to leave Microsoft.

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Google is buying the cybersecurity company that uncovered the SolarWinds hack

The Verge

Google is buying cybersecurity company Mandiant in an all-cash transaction valued at approximately $5.4 Since our founding in 2004, Mandiant’s mission has been to combat cyber attacks and protect our customers from the latest threats,” Mandiant CEO Kevin Mandia said in a press statement. “To Illustration by Alex Castro / The Verge.

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