The European Union Commission agreed that Starbucks Corp and Fiat Chrysler Automobiles NV is currently benefiting from illegal tax deals with the government. The decision came yesterday after the hearing organized by the European Parliament.
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The anti-reflective display coating of some Retina MacBook Pro owners easily wear off and get scratched. This problem has sparked complaints among users and has made its way into Social Media and the Apple Support Communication. This problem has been called the "Staingate" issue. To handle the situation, Apple came up with a new Quality Program that would address the problem.
Indonesian president is scheduled to visit US's giant tech companies during his first trip in the United States. The trip will start on October 26 and it will be a five-day trip full of bilateral business agenda.
The world's largest smartphone manufacturer, Samsung is struggling to increase its market share after the company continuously reported a decline in profit. The first decline is reported back in its third quarter revenue in 2014. Investors are anxious to see what Samsung has in plan to ensure more revenue for their next quarterly report.
The US companies are keeping their profits made overseas out of the homeland in order to avoid taxes. It's estimated that 500 large US companies are holding over $2.1 trillion accumulated profits overseas to avoid taxes. These companies have to shell out $620billion by paying US taxes to repatriate the funds.
Is the $200 price target for Apple's stock achievable considering the estimated sales realization from iPhone 6 and Apple Watch? Some analysts say yes and some say it's overpricing from the current price of $110. Overdependence on price-earnings (PE) multiples and surplus cash are being added to $200 target.
Ruling out North America's claim that European antitrust authority is going in an anti-US bias in dealing with Google and Apple, the European Competition Commissioner (ECC) Margrethe Vestager has termed it as a misleading notion of the world's largest economy. Vestager has been criticized in the US media for her role in opening multiple cases against the US corporate giants Google, Apple, Amazon and Starbucks during the past one year. Vestager has become the target of the US media as European regulators are protecting EU companies from the US competition.
Amazon is disallowing the sale of media-streaming devices from Apple and Google. In an e-mail to its marketplace sellers, the Web retailer says that after October 29, it will no longer sell Apple TV's and Google Chromecasts. "It's important that the streaming media players we sell interact well with Prime Video in order to avoid customer confusion," said Amazon in the e-mail.
Apple finally announced the launching of Apple Music to Chinese customers. The app comes with a three-month trial. After that, 10 Chinese yuan per month will be charged. iTunes, iBooks, and Movies were also made available.
It's not rocket science to figure out that everything that runs with electricity costs money; exactly how much it costs, however, has just been recently figured out. People these days are not only looking for the best mobile devices; they are also on the lookout for better battery lives. Big Corporations such as Apple has taken an initiative for this. For example, according to MacStories the newly released iPhone 6S and the iPhone 6S Plus and its new iOS 9 have optimized apps and key technologies that help its users have an energy efficient experience. That's because everyone just struggles with battery life and there's no such thing as enough battery.
IBM is bringing its supercomputer, Watson, to Silicon Valley. The tech giant will open in San Francisco, California an innovation center for Watson, known for defeating human rivals on the TV quiz show, Jeopardy, in 2011.
Apple just released iOS 9.0.1 to fix their major "Slide to Upgrade" bug issue that over half of its users are experiencing after its iOS 9 update. Affected users can get the update by connecting their iPhone, iPad, and iPod to the iTunes on their computer and perform a force restart of their device.
Since Apple made it easier for developers to create ad blockers, blocker apps gained revenue in the App Store. Reports said this is an absolute danger for Google and web publishers. In June, The Next Web reported Apple Inc. has provided tools for developers to create apps that block web ads. The tools are exclusively only for iOS9's default browser Safari.
Recently, Apple has been having problems with the iOS download leaving iPhone devices to crash and Apple fans deeply frustrated. Some were lucky enough to get the new operating system, but others were unfortunate.
The federal court ordered Samsung to halt older version of its smartphones for breaching Apple's patent. It was found that Samsung was guilty of copyright infringement filed by Apple. But the features included in the case were no longer used by Samsung.
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