Techmeme
August 30, 2016, 12:40 PM

Top News

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
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 …
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:
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 …

Sponsor Posts

Microsoft:
Testing a datacenter under the sea  —  Envisioned to be resilient and self-sustainable, Project Natick enters a new research phase off the Scottish coast.
IBM:
IBM will give $200,000 to a team that can come up with a solution for natural disaster preparedness  —  Call for Code, The initiative for developers to use their mastery of the latest technologies, to build solutions that can change the world.
eero:
Another day, another cyber security threat. eero keeps your network protected.  —  VPNFilter is the latest router-based malware and is estimated to affect over 500,000 consumer routers.
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