A new report claims Apple and Samsung have decided to knuckle down and work to bring an end to their ongoing mobile device patent infringement fight. That sounds great, but the reality is that it just doesn't fit with Samsung's strategy, or Apple's intense desire to protect its intellectual property.
So you remember that thing where Amazon is blocking the sale of products on its website from Hachette (and Time Warner) as a negotiating tactic? Well, Apple would like you to know it would be pleased as punch to sell you those books on the iBooks Store.
YouTube is planning to launch a paid music streaming service to compliment its ad-supported and otherwise free music streaming service. According to NBC, YouTube has already signed 95 percent of the major and independent music labels, though not all them are happy about the terms.
Jony Ive let us know that we should expect "new materials" in "future stuff." In an interview, Sir Jony said that he's been working with some new materials for several years, though he didn't offer any specifics.
When Google purchased Skybox Imaging earlier in June, it was seen as a play on satellite imaging related to maps. That's not the business Skybox claims it is in, however; the company sees itself as an information company, and it could help Google do things like predict when Apple will launch new iPhones.
Nuance Communications, the maker of Dragon speech recognition software and the provider of Siri's speech recognition engine, is thinking about selling itself. Among its suitors is Samsung, and The Wall Street Journal reported the two companies have held talks.
Amazon launched Prime Music, its entry into the burgeoning streaming music market, this week, but the company did so without the biggest catalog of music on the planet, Universal Music Group. That means artists like Lady Gaga, 50 Cent, The Who, Kanye West, Amy Winehouse, Johnny Cash, and...wait for it...Dr. Dre.
The European Union's (EU) European Commission (EC) officially launched a probe into tax dealings member countries Ireland, Luxembourg, and the Netherlands have with multinational corporations like Apple Inc., Starbucks Corporation, and Fiat Finance & Trade SA. According to Bloomberg, the EC is investigating whether or not tax breaks offered to corporate subsidiaries in these countries constitute illegal state aid.
The needs of the U.S. Highway Trust Fund are pushing the U.S. Senate towards the idea of a tax holiday for U.S. companies that would allow them to repatriate offshore money into the U.S. The Highway Trust fund is projected to run out of money in August, while there are hundreds of billions of dollars worth of infrastructure repairs that need to be made on the system.
The European Union's (EU) European Commission is set to launch a probe into Ireland's tax arrangements with large multinationals such as Apple. Reuters reported the news, but buried near the end of the story is that the Commission's focus is likely to be the tax regime that allows Apple and others to protect overseas revenues from local taxation, rather than Apple itself.
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TMO Daily Observations: 2014-10-31
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