Here s what s on the Monday menu.
Apple s green effort in China: It s funding a five-year project in partnership with the World Wildlife Fund to manage sustainable forests for paper production. BTW, CEO Tim Cook announced the initiative in his first post on Weibo, the Chinese Twitter.
Self-driving car accidents in California: Three Google cars, one other since September. This is out of 48 cars licensed to be tested on public roads in the state.
Apple, Google, Cisco, Oracle and Microsoft had cash reserves of $430.3 billion at the end of 2014, the vast majority of which were held overseas, says a new report from Moody s Investors Service. Percentage of cash held overseas: Cisco, 94 percent; Oracle, 90 percent; Apple, 89 percent; Google, 60 percent; Microsoft, 91 percent.
Smartphone shipments in China — the world s largest smartphone market — shrinks in the first quarter, according to an IDC report.
ICYMI: Pinterest adds $186 million to funding round, lets employees sell shares.
Report: A rise in cyber attacks — they ve more than doubled in the past five years — against doctors and hospitals is costing the U.S. health care system $6 billion a year.
Photo: A Google self-driving car in 2014. (Google via Associated Press)
