theodp writes "In its annual report, Google said it's done no tax-accounting evil, but the search giant acknowledged that both the IRS and SEC are taking a look at the way in which it accounts for income tax. Google is one of a number of U.S. companies that have come under fire for allegedly practicing 'profit laundering', i.e., moving book profits offshore to evade millions and even billions in taxes to the country where it really operates. In past SEC filings, Google has credited its Irish subsidiary for reducing its effective tax rate."

An anonymous reader writes "Techdirt has a cool post up that doesn't just explain why DRM is bad, but gives a really interesting economic explanation for why DRM cannot create successful new business models. Since the RIAA and MPAA keep insisting that DRM will create new business models, it's useful to see an argument for why that's basically impossible." As the article says, anyone can create a "new" business model. Creating a successful "new" business model is what is so elusive here.

Juha-Matti Laurio writes "PC World has a story reporting that Microsoft's Windows Live OneCare came in dead last out of a group of 17 antivirus programs tested against hundreds of thousands of pieces of malware. The report of an Austrian antivirus researcher was released at the AV Comparatives Web site this week. Several free AV products were included in the test as well." While the top dog was able to find 99.5% of the malicious code, OneCare clocked in at 82.4%. Of course, there's no metric for the severity of the malware in the 17% gap.

SeaDour writes "This Saturday night, March 3rd, a total lunar eclipse will be visible from nearly all inhabited parts of the world. A great shadow will stretch across the surface of the moon, eventually casting it in an eerie red glow as sunlight filters through our atmosphere onto the lunar surface. Viewers in Europe and Africa will have the best vantage point, able to watch the entire eclipse in action, while observers in most of the western hemisphere can see it eclipsed as it rises just after sunset."