| EU Press Room: |
EU orders Apple to pay up to €13B, or around $14.5B, for undue tax benefits in Ireland — The European Commission has concluded that Ireland granted undue tax benefits of up to €13 billion to Apple. This is illegal under EU state aid rules, because it allowed Apple to pay substantially less tax than other businesses.| Tim Cook / Apple: |
Apple: EU's claim that Ireland gave Apple a special tax deal “has no basis in fact or in law” — Thirty-six years ago, long before introducing iPhone, iPod or even the Mac, Steve Jobs established Apple's first operations in Europe. At the time, the company knew that in order … | BBC: |
Apple to appeal EU ruling and is confident decision will be overturned, says decision would be harmful for investment and job creation — Ireland should recover up to €13bn (£11bn) from Apple in back taxes, the European Commission has ruled. — After a three-year investigation … | Bloomberg: |
EU says there was “no factual or economic justification” for Ireland's tax deal with Apple — EU says Irish deal slashed iPhone maker's taxes from 2003-2014 — Ireland has vowed to appeal tax decision in European courts — Apple Inc. was ordered to repay a record 13 billion euros … | Andrew Cunningham / Ars Technica: |
Intel launches “Kaby Lake” 7th-generation CPUs with improved support for 4K video — New 7th-generation Core CPUs have a lot in common with the 6th generation. — Intel's tick-tock model may be dead, but the PC industry still demands new hardware every year.| John Biggs / TechCrunch: |
Sonos speakers will integrate with Amazon's Alexa next year and will let Spotify's app control audio starting this October — Wireless speaker system maker Sonos announced two software partnerships today with Spotify and Amazon. The Spotify integration allows users to control … | Bloomberg: |
Sources: tighter Pencil integration across iOS for iPad Pro coming in 2017; Mac updates due later this year; Apple is working with LG on a standalone 5K display — Deeper stylus integration, faster displays planned for iPads — New MacBooks, iMac, and 5K monitor with LG in product pipeline| Julia Boorstin / CNBC: |
Source: Twitter expands Amplify Publisher program to individual video creators in the US, giving them 70% of ad revenue, better than YouTube and Facebook terms — Twitter is trying something new to boost its stagnating user base: Luring content creators to post on Twitter by giving them an easy way to earn money from their videos.| Kurt Wagner / Recode: |
In a competitive market, Twitter's revenue share deal is designed to appeal to YouTube stars, does not require content exclusives — Twitter's 70/30 revenue split is better than YouTube's deal. — Jesse Grant/Getty Images for Fullscreen — Twitter wants the kind of video creators YouTube has … | Jon Brodkin / Ars Technica: |
The FCC will not appeal ruling by the Sixth Circuit that allows states to impose laws restricting the growth of municipal broadband — Cities seeking to expand broadband could still appeal judges' decision, though. — The Federal Communications Commission has decided not to appeal … | Tanya Dua / Digiday: |
Ex-Facebook trending news curator: business side influenced editorial, challenging journalism ethics; the news algorithm needs major improvements — Barely two days after changes to its Trending Topics section, a fake article about Fox News anchor Megyn Kelly began trending on Facebook … | Gina Hall / Silicon Valley Business Journal: |
| Sarah Perez / TechCrunch: |
Google's new Crowdsource app for Android asks users to perform short 5-10 second tasks to improve Google services, currently offers no incentives — A new Google application called Crowdsource has quietly appeared on Google Play, asking users to perform brief tasks that will help improve … | Paul Sawers / VentureBeat: |
Velocity, a short-notice premium restaurant booking app, raises $22.5M Series B led by DIG Investments, says funds will be used to expand into 29 cities by 2020 — Velocity, a short-notice premium restaurant booking app, has raised $22.5 million in a Series B round led by DIG Investments … | Wall Street Journal: |
Alphabet's David Drummond stepped down from Uber's board several weeks ago due to overlap of interests between the two companies — Move comes amid increasing competition between two tech companies — Uber Technologies Inc. on Monday said a longtime Alphabet Inc. executive has left …
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