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Topic: General

With spotlight on it & Apple, Ireland calls for worldwide tax crackdown

05/22/2013, 03:05 pm

Ireland is in the spotlight following the U.S. Senate's investigation of Apple's alleged tax avoidance, and the low-tax nation is now calling for an international crackdown on tax dodging by multinational corporations.


Former Gartner analyst Michael Gartenberg joins Apple marketing

05/22/2013, 02:05 pm

Michael Gartenberg, a longtime industry analyst who most recently covered technology for Gartner, has taken a job on Apple's marketing team working under executive Phil Schiller.


Sony to consider spinning off its entertainment division

05/22/2013, 09:05 am

Japanese electronics and entertainment conglomerate Sony could drop one of those divisions in the near future, as the company's board will soon discuss spinning off its entertainment division in order to help its electronics arm better compete against Apple and Samsung.


Like Apple, Google & Yahoo also avoid taxes by way of Ireland

05/22/2013, 08:05 am

Though they weren't grilled before a U.S. Senate subcommittee on Tuesday like Apple, Google and Yahoo rely on Irish subsidiaries to avoid taxes on billions of dollars in income, and they go one step further than Apple by utilizing offshore accounts.


Apple Online Store pushes iPad for Father's Day

05/22/2013, 05:05 am

Apple on Wednesday updated its online storefront, adding a special section for Father's Day with a heavy emphasis on the iPad, iPad mini and related accessories.


Google's Chrome team developing app launcher for Mac

05/21/2013, 06:05 pm

Google is looking to bring a version of its Chrome OS app launcher to the Mac, possibly as an add-on to the Chrome browser, allowing users to access a slew of Web apps normally available only from within the


Apple publishes execs' opening statements from US Senate testimony

05/21/2013, 04:05 pm

After Apple chief executive officer Tim Cook and chief financial officer Peter Oppenheimer appeared before the U.S. Senate Permanent Subcommittee on Investigations to explain the tech giant's offshore tax practices, the company has made available the opening statements as read in testimony.


Apple CEO Tim Cook says America's IP environment needs more work

05/21/2013, 02:05 pm

In the midst of a larger discussion with U.S. senators on international corporate taxes, Apple CEO Tim Cook took an aside to discuss another area of regulation where the iPhone maker would like to see changes: the United States' intellectual property protection environment.


Tim Cook testifies: Apple pays all of the US taxes it owes

05/21/2013, 11:05 am

Appearing before a U.S. Senate subcommittee on Tuesday, Apple Chief Executive Tim Cook defended his company as a proud American business that pays more in taxes than any other U.S. corporation.


Apple still by far the world's most valuable brand name

05/21/2013, 10:05 am

Once again, the strength of Apple's products has led to the Cupertino company being honored as the most valuable brand in the world, topping not only tech rivals like Google and Microsoft, but also giants of industry like McDonald's and Coca-Cola.


Apple's tax strategy portrayed by Senate subcommittee as a unique 'absurdity'

05/21/2013, 10:05 am

In opening remarks of a hearing Tuesday morning, the U.S. Senate Permanent Subcommittee on Investigations accused Apple of being the mastermind of elaborate tax avoidance practices that are unique to the iPhone maker.


Ireland says it's not responsible for Apple's low international tax rate

05/21/2013, 08:05 am

With Apple under fire for its low international tax rate thanks to corporate subsidiaries housed in Ireland, the Irish government has spoken out on the matter, saying its laws are not to blame.


AT&T waives voice, data and text overage fees for Oklahoma tornado victims

05/21/2013, 01:05 am

In response to the devastating tornado that hit Okalhoma City on Monday, U.S. wireless carrier AT&T announced it will be waiving all overage charges for those affected through June 30.


Briefly: South Australia's first Apple Store to open Saturday in Adelaide

05/20/2013, 09:05 pm

In an update to its website on Monday, Apple revealed its newest retail location in Australia, at Rundle Place Centre in Adelaide, will open its doors on Saturday at 10 a.m. local time.


Yahoo announces 1TB Flickr accounts, new UI with high-resolution photos

05/20/2013, 06:05 pm

As part of a special media event on Monday, Yahoo CEO Marissa Mayer unveiled major changes to photo management and sharing service Flickr, with full resolution image support, 1 terabyte of storage for each user, and a revamped user interface.


Apple created offshore subsidiaries to avoid paying billions in US taxes, Senate panel says

05/20/2013, 06:05 pm

Just hours after Apple published the full testimony which CEO Tim Cook plans to give to the Permanent Subcommittee on Investigations in the U.S. Senate, the government body issued its own findings on the company's offshore tax practices, saying subsidiaries were used to purposefully avoid paying billions of dollars in domestic taxes.


Inside Apple's push for comprehensive corporate tax reform

05/20/2013, 03:05 pm

When Apple Chief Executive Tim Cook testifies before the U.S. Senate this week, he will make his case for comprehensive corporate tax reform, arguing that the current tax system actually undermines the competitiveness of American companies.


Apple details 'extraordinary amount' of taxes it pays in testimony to US Senate

05/20/2013, 03:05 pm

Apple on Monday published in full the formal testimony that Chief Executive Tim Cook plans to give before the Permanent Subcommittee on Investigations in the U.S. Senate.


Apple's retail stores now earn record $58 per visitor

05/20/2013, 12:05 pm

For every person who visited an Apple retail store last quarter, the company took in a record setting $57.60 in revenue, according to a new analysis.


Yahoo to acquire Tumblr for $1.1B, 'promises not to screw it up'

05/20/2013, 09:05 am

Yahoo on Monday announced it has reached a $1.1 billion agreement to buy Tumblr, the popular microblogging platform with a strong presence on Apple's iOS.