By Andrew Osborn LONDON (Reuters) – Google Inc's tax affairs came under renewed scrutiny in Britain on Wednesday when the leader of the opposition Labour party accused the Internet company of wrongly going to “extraordinary lengths” to avoid paying tax. In comments designed to politically outflank Prime Minister David Cameron ahead of next month's G8 summit on what has become a high-profile issue, Ed Miliband, the Labour leader, said he was disappointed that Google paid so little tax. “I can't be the only person here who feels disappointed that such a great company as Google … …

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UK opposition party leader says Google tax behavior “wrong”

SAN FRANCISCO (AP) — Hewlett-Packard will provide an update on its efforts to rise above the sinking PC market when it releases quarterly earnings Wednesday after the closing bell.

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Ahead of the Bell: HP’s 2Q results likely to sag

You know what’ll go perfectly with that waterproof Bluetooth speaker ball that a Billy Corgan doppelganger recommended a few years back? That odd tube you’re undoubtedly fixated on above. That’s the Ultimate Ears UE Boom, and those people underneath are presumably blitzed from a day of raving at [insert EDM festival here]. Parent company Logitech is calling this thing the “world’s first social music player,” but last we checked, it’s not capable of tweeting whatever you’re listening to. Instead, it’s seemingly engineered “to help you rage, riot, party and play the music you love, out loud.” Seriously — that’s in the description.

In order to do so, there’s a Bluetooth radio within, NFC support, a 15-hour rechargeable battery and an exterior that’ll turn away light splashes. Of note, you can wirelessly link two UE Booms together using an associated Android or iOS app to play them in either stereo-to-stereo mode or traditional left / right stereo mode. It’s expected to hit US and European shores later this month for $199.99, which means you too can take weird shots of yourself holding it at frat parties in the very, very near future.

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Source: Ultimate Ears

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UE Boom: a splash-resistant, Bluetooth-enabled speaker for overzealous rioters

By Tim Kelly TOKYO (Reuters) – Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, business partners and workers rather than shareholders seeking value. Struggling electronics giant Sony Corp, though, with more foreign and fewer bank shareholders, may prove something of an exception. That's the hope, at least, of Californian billionaire Daniel Loeb, whose Third Point hedge fund has built up a more than 6 percent stake in Sony, making it the group's biggest stockholder. …

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Entertaining change: Sony to look at activist’s spin-off idea

TOKYO (Reuters) – Japan's Sony Corp lowered its sales target for digital cameras to 1.3 trillion yen ($12.7 billion) for the fiscal year to end-March 2015, from a previous estimate of 1.5 trillion yen. Sony also cut its sales target for smartphones and tablets to 1.5 trillion yen in its 2014 fiscal year from an earlier outlook of 1.8 trillion yen. …

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Sony cuts sales target for cameras, smartphones for 2014-15