EU Competition Commissioner Margrethe Vestager says Apple allocated almost all the profits it made in Europe and other regions to untaxed non-tangible headquarters in Ireland.
EU antitrust regulators order Apple to pay up to 13 billion euros in taxes plus interest to the Irish government after ruling that a special scheme to route profits through Ireland was illegal state aid.
Apple issues security patch to fix security hole in iPhones and iPads.
MOUNTAIN VIEW, CALIFORNIA, UNITED STATES (MAY 18, 2016) (GOOGLE) – Google, a unit of Alphabet Inc, unveiled a new hardware device called Google Home at the company’s annual conference on Wednesday(May 18).
The device, a portable speaker powered by the company’s search engine, would offer competition to Amazon.com Inc’s Echo.
The device will be launched later this year, Google said.
Amazon launched “Amazon Echo” in November 2014, a speaker one can leave on all day and give it voice directions, like Siri on an Apple iPhone.
Apple doesn’t get extra credit for security despite its standoff against the government, a Reuters/Ipsos poll found. Fred Katayama reports.
The U.S. Justice Department says it successfully accessed data stored on an encrypted iPhone used by one of the San Bernardino shooters and asks a court to withdraw an order compelling Apple to assist.
A federal judge denies the U.S. government’s motion to compel Apple to provide access into an iPhone used in a drug case, according to court documents.
Apple CEO Tim Cook said he would take his fight with the FBI over privacy all the way to the Supreme Court. Fred Katayama reports.
U.S. stocks down sharply in midday trade with investors unnerved by China volatility and the continuing slide in oil prices.