Apple CEO Tim Cook to propose tax overhaul

Apple chief executive Tim Cook plans to propose a “dramatic simplification” of corporate tax laws when he testifies for the first time before Congress next week, just as lawmakers are considering an overhaul of the tax code. In an interview with The … Continue reading >

Apple target of Senate hearing on offshore taxes

Apple has been under fire for its tax practices. The company recently avoided paying as much as $9.2 billion in taxes by buying back stock with debt instead of offshore cash, Bloomberg reported. Apple has a reported $100 billion in offshore funds. Continue reading >

Biotech apples may be harbinger for Simplot spuds

Okanogan Specialty Fruits, of British Columbia, expects U.S. and Canadian government approval this year for two varieties of apple, Granny Smith and Golden Delicious, with their genes modified to prevent browning. That, Okanogan says, can make them … Continue reading >

Apple Rumored to be Enhancing AppleCare

New changes are in the works for AppleCare, Apple’s helpful service and support plan that combines hardware warranties and technical support for product purchasers — can you say Genius Bar, anyone? And in a bit of a departure from the usual way this … Continue reading >

Apple deluged by police demands to decrypt iPhones

Apple receives so many police demands to decrypt seized iPhones that it has created a “waiting list” to handle the deluge of requests, CNET has learned. Court documents show that federal agents were so stymied by the encrypted iPhone 4S of a Kentucky … Continue reading >