EU Officially Launches Probe Into Irish Tax Dealings with Multinationals Like Apple

9:10 PM, Jun. 11th, 2014 · · Analysis

Apple in the EU

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.

U.S. Highway Shortfall Pushing Senate Towards Tax Holiday for Apple, Others

8:28 PM, Jun. 11th, 2014 · · Analysis

U.S. Tax Holiday

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.

EU Set to Probe Ireland’s Tax Arrangements with Apple

7:10 PM, Jun. 10th, 2014 · · Analysis

Apple in Ireland

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.

Apple Sees Mobile Tech As Opportunity for Users to Learn More About Themselves

7:46 PM, Jun. 9th, 2014 · · Analysis

Apple and the FDA

Apple sees mobile technology platforms, "as an opportunity for people to learn more about themselves," according to discussions held with Food and Drug Administration (FDA) officials. Highlights from the meeting show that Apple used the meeting to talk about medtech sensors, including a glucometer, regulations for such sensors, and the FDA's stance on apps dedicated to medical monitoring.

Apple Buys Spotsetter, a Social Discovery Engine for Maps

4:16 PM, Jun. 6th, 2014 · · Analysis


Apple has bought Spotsetter, a company that provides a socially-sourced discovery engine for locations. Without naming sources, TechCrunch reported that Apple bought the company in order to acquire both the technology and the company's founders.

Apple Reportedly Planning Wearable Media Event for October

2:51 PM, Jun. 6th, 2014 · · Analysis

The iWatch Crystal Ball

Apple is planning to unveil its highly-anticipated and much rumored foray into wearable computing—a.k.a. the iWatch—in October, according to online reports. Citing unnamed sources, Re/code's John Paczkowski said that Apple "hopes to schedule a special event [in October] to show off the device."

AAPL Stock Split: What You Need to Know

11:15 AM, Jun. 5th, 2014 · · Analysis

Apple's 7-to-1 stock split is only a couple days away, and the company said that the change applies to share holders on record as of June 2. With one date behind us now, and the other fast approaching, what does that mean for your Apple stock, especially since it's still trading? Read on to find out.

Apple Signals New Stance on Bitcoins and Other Cryptocurrencies

4:14 PM, Jun. 3rd, 2014 · · Analysis

Baby Steps

Apple has signaled a new stance on Bitcoin and other cryptocurrencies with a change to its App Review Guidelines for the App Store. Though Bitcoin wasn't mentioned by name, for the first time Apple specifically stipulated that the "transmission" of "approved virtual currencies" would be allowed, a reversal from an unstated position that resulted in all Bitcoin wallets being kicked out of the App Store.