Google hit with $5B antitrust fine over Android search restrictions

The European Commission has fined Google 4.34 billion euro ($5 billion) for breaking antitrust rules, claiming the restrictions the tech giant imposes on carriers and smartphone producers using the Android operating system helps the search engine maintain its vast market share.

Malcolm Owen 7 years ago 55

Apple refuses invitation to European Union tax evasion hearing

Apple has turned down an invitation to speak in front of a European Parliament committee, looking to avoid any missteps that could affect its chances of appealing a previous ruling.

Roger Fingas 8 years ago 32

Apple makes first payment of $15.3B disputed Irish tax bill to escrow account

Apple has started to pay off its $15.3 billion tax bill to Ireland, the country's Finance Minister has confirmed, transferring the first $1.76 billion payment to an escrow account.

Malcolm Owen 8 years ago 41

Apple & Ireland's appeal of $16B EU tax ruling expected this fall, payments expected to start in May

Apple and the Irish government's appeal of a $16 billion European Commission ruling on back taxes should finally see action later this year, according to Ireland's finance minister.

Roger Fingas 8 years ago 10

European Commission opens 'in-depth' investigation into Apple's acquisition of Shazam

The European Commission is investigating the proposed acquisition of Shazam by Apple, with competition concerns lengthening the time it will take for the regulator to approve or deny the purchase of the song recognition service by the iPhone manufacturer.

Malcolm Owen 8 years ago 24

Formally proposed EU tax plan could cost Apple millions

The European Commission has proposed measures to "to ensure that all companies pay fair tax in the EU," a move that will undoubtedly affect Apple.

Stephen Silver 8 years ago 16

Proposed reforms could force Apple to pay taxes all over EU, instead of just in headquarters locations

This upcoming Wednesday, the European Commission is expected to reveal a tax proposal would require digital media companies — including Apple — to pay based on where they generate revenue, rather than where they choose to locate their European headquarters.

Roger Fingas 8 years ago 27

EU sets Apr. 23 deadline for approving or rejecting Apple's Shazam takeover

The European Commission has announced an Apr. 23 provisional deadline for a decision on Apple's intended acquisition of Shazam, perhaps the world's most popular song recognition service.

Roger Fingas 8 years ago 11

Ireland picks Bank of New York Mellon to hold Apple's $18.6B tax payment in escrow

The Irish government has reportedly selected Bank of New York Mellon to control an escrow fund holding up to $18.6 billion in back taxes collected from Apple, pending attempts to reverse a ruling by the European Commission.

Roger Fingas 8 years ago 0

European Union proposals could tax Apple and other tech giants between 2 percent and 6 percent

The European Union will soon release proposals to change the way it taxes major tech companies operating within the continent, French Finance Minister Bruno Le Maire has revealed, with firms including Apple potentially being taxed at a rate of between 2 percent and 6 percent in the future.

Malcolm Owen 8 years ago 51

EU says it may withdraw court case if Ireland recovers full $16B from Apple

The European Commission is willing to withdraw its court case against the Irish government for failing to collect some $16 billion in back taxes from Apple — but only if the country collects the full amount, the E.U.'s Competition Commissioner said in an interview.

Roger Fingas 8 years ago 30

Proposed EU law could require companies like Apple to share data from foreign servers

The European Union is reportedly working on legislation that would require companies to provide customers' personal data for law enforcement even if it's being kept on servers outside of the region.

Roger Fingas 8 years ago 15

Apple's Irish tax bill close to finalization, "in the ballpark" of $16 billion

The head of Ireland's Revenue Commission has advised the calculations of Apple's unpaid tax bill are almost complete, with the final total the iPhone producer will be expected to pay the government thought to be around 13 billion euro ($16 billion), close to initial estimates for the European Commission-mandated payment.

Malcolm Owen 8 years ago 27

EU to scrutinize Apple's Shazam takeover on competition concerns from member states

The European Commission on Tuesday said it will look into whether Apple's proposed Shazam acquisition meets competition standards, following a request by several EU countries.

Roger Fingas 8 years ago 41

EU tipped to sanction Qualcomm over Apple chip deal with potential $2B fine

The European Commission is reportedly preparing to sanction Qualcomm for anti-competitive practices in supplying components to Apple for use in its iPhones, with the antitrust watchdog potentially levying a fine against the chip producer of up to $2 billion.

Malcolm Owen 8 years ago 19

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