Apple CEO Tim Cook went on the offensive this week, talking to Politico and the Washington Post about the company’s overseas cash hoard (which totals about $102 billion). The press junket comes as he prepares to answer questions on May 21 before … Continue reading
Category Archives: Apple
One issue holding up Apple iRadio: The economics of skipping songs
More specifically, Apple and Sony Music, the world’s second-largest music label, are still trying to hammer out details over how much Apple would pay for songs that people listen to a fraction of and then skip, according to people familiar with the … Continue reading
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, Google, Microsoft, Samsung Pressed to Combat Smartphone Theft
New York Attorney General Eric Schneiderman is pushing makers of handsets and wireless operating system software to do more to combat the exploding theft of smartphones, as mobile operators work on a global database of stolen devices that could help … Continue reading
Apple’s ‘iRadio’ Streaming Service Reportedly Stalls with Sony Music
The latest rumors surrounding Apple’s to-be-announced service are a mix of good and bad. Unfortunately, it’s the latter that’s allegedly keeping the service stalled at the moment, with Apple and music industry representatives still working out the … 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
After dates with Apple, it’s an engagement with Facebook: Waze selling for $1bn
Months after the rumors that Apple was planning to buy Israeli crowdsourced traffic and navigation app Waze for $400m, the stakes have been raised. According to reports in the Israeli business press on Thursday morning, Facebook is now seeking to buy … Continue reading