Trump ‘concerned’ about French law targeting Apple and other tech giants

By

Donald Trump and Tim Cook
Trump is worried French tax law could hurt tech giants including Apple.
Photo: White House

President Donald Trump is stepping up to defend Apple. Well, kind of.

The president ordered an investigation into France’s planned tax on big tech companies like Apple, Alphabet, Facebook and Amazon. The Office of the United States Trade Representative said the tax “unfairly targets” American companies.

Update 1: France passed the tax Thursday, according to Agence France-Presse: “The legislation — dubbed the GAFA tax in an acronym for Google, Apple, Facebook and Amazon — was passed by a simple show of hands in the Senate upper house after it was agreed by the National Assembly lower chamber earlier this month.”

Brexiteer doesn’t want her shiny new EU iPad

By

Logitech Slim Folio Pro review
Look, you can type on it.
Photo: Ed Hardy/Cult of Mac

The dutiful iPad has found itself in the middle of the United Kingdom’s bitter divide over leaving the European Union.

A freshly sworn-in member of European Parliament cried foul over being issued an iPad, implying to followers on Twitter the device was nothing more than a pricey perk.

But her grandstanding backfired when critics informed her that the iPad is a cost-saving tool for her to do her job.

Trump talks tech giants’ alleged monopoly

By

Donald Trump and Tim Cook
President Trump speaking with Tim Cook.
Photo: White House

The United States should follow the European Union’s lead and investigate Silicon Valley tech giants monopoly-like powers, President Donald Trump says.

Speaking with CNBC, Trump said “something’s going on” when it comes to the concentrated power of today’s tech titans. By fining these companies, he says that the EU gets “all this money — we should be doing that [too.]”

German finance minister blasts tech giants which ‘pay taxes nowhere’

By

Cash app with cash money
Apple has previously battled the EU over tax avoidance.
Photo: Ian Fuchs/Cult of Mac

Germany’s finance minister Olaf Scholz has slammed tech giants that “pay taxes nowhere.”

It’s the latest shot at tech giants such as Apple, Google, Facebook and Amazon which have previously clashed with the European Union on tax issues. In an interview with CNBC, Scholz argued that “we should find a global agreement” to shut tax avoidance loopholes.

Apple will pay France $571 million in back taxes

By

Apple France tax
Europe continues to chase Apple for unpaid taxes.
Photo: Cult of Mac

Apple has agreed to pay French authorities around $571 million in back taxes, according to new reports.

Apple today confirmed the deal but did not disclose the sum itself. The agreement comes after a multi-year audit into Apple’s accounts by the French tax administration.

Austrian tech tax sets its sights on Apple

By

tech tax
An Apple store in Austria.
Photo: Apple

The Austrian government will announce plans this month to impose a levy on giant tech companies that make huge online profits that largely go untaxed.

Austria joins France to be among the first countries to tax internet and technology companies that shuttle profits to avoid higher taxes in each company.

Germany’s finance minister wants tech giants to pay higher taxes

By

money
The EU has long been pushing tech companies to pay more in taxes.
Photo: Ste Smith/Cult of Mac

In an op-ed for a German newspaper, Germany’s finance minister Olaf Scholz proposes a global minimum rate of corporation tax as one way to ensure that multinational corporations like Apple pay domestic taxes in line with the profits that they earn.

The European Union (EU) has long been attempting to get tech giants to stop using complex accounting tricks to shuffle profits around to minimize the amount that they pay in each country.

EU finally gives its blessing to Apple buying Shazam

By

Shazam iPhone
Apple nabbed Shazam for a reported $400 million.
Photo: Killian Bell/Cult of Mac

The European Union has given its official stamp of approval to Apple’s acquisition of UK-based music discovery app Shazam.

While the deal was announced way back in December, it has been held up until now by an EU antitrust investigation, based on the popularity of Shazam and the amount of data it holds. This investigation was requested by seven European countries, including France, Italy, Spain and Sweden.

Instapaper’s new Premium plan goes live on return to Europe

By

Instapaper punishes its European users use
Instapaper Premium unlocks awesome features.
Photo: Charlie Sorrel/Cult of Mac

Instapaper has finally returned to Europe following a GDPR blackout, and users can now subscribe to its new Premium plan to unlock additional features.

The service was pulled in the E.U. following the introduction of new data protection regulations, but now it’s fully compliant and ready to do business again. Here’s what you can expect if you upgrade with a Premium subscription.