Tag - European Union
Apple has paid just £12.9 million ($17 million) in corporation tax in the United Kingdom last year, it has been discovered, an increase from £11.8 million in the previous year. The relatively low corporation tax payment revelation comes as the investigation into the company's tax minimization activities across the European union nears completion, with the UK corporation tax level also seeming to be fairly low in comparison to how much profit it generated in the country alone.
As the UK prepares to vote on whether to remain or leave the European Union -- a question that has already brought out US-political-style racial divides and even gun violence -- American political site Politico is testing an unusual way of delivering breaking news on the hotly-debated referendum through a nearly-unique use of Apple's Wallet technology. The premise of the experiment is to use a "pass" in Wallet (normally used for boarding passes, event tickets, coupons, loyalty cards, or credit/debit cards for a single-issue news feed -- giving users access to the latest polls or breaking news directly on the lock screen, if desired.
European customers of video streaming services could end up paying a higher subscription, if a proposal from the European Commission is adopted. According to a draft of the Audiovisual Media Services Directive, expected to be revealed next week, member states within the European Union could impose a "Netflix Tax" on services operating within the country, with funds received from the levy intended to help finance local TV show and movie productions.
Apple will not be able to stop the European Union's investigation into whether or not it has paid the correct amount of tax on the continent if it moved all of its funds from overseas to the United States, EU competition commissioner Margrethe Vestager has advised. The investigation, which has taken place against a number of companies accused of abusing tax laws across a number of countries to minimize taxes paid, will continue regardless of Apple's actions.
The terrorist attack on Brussels has prompted more debate by lawmakers about government access of citizen data, on both sides of the Atlantic. European Union ministers are pushing for more sharing of data between security agencies across the continent, following the deaths of 31 people and injury to approximately 300 others earlier this week in the attack, while the House Homeland Security Committee Chairman urges Congress to move forward on an encryption bill.
A draft framework that would dictate how the privacy of European Union citizens can be protected when data is passed to the United States for processing has been published by the European Commission (EC) and the Department of Commerce (DoC). The EU-US Privacy Shield, created to replace the struck-down Safe Harbor framework, is meant to "protect the fundamental rights of Europeans where their data is transferred to the United States" for commercial and governmental purposes.
Google is going to address the concerns of European regulators about its compliance with an EU ruling over the "Right to be Forgotten," by extending it to other search pages. Google has confirmed it will start removing specific search results requested by EU citizens from all of its regional searches around the world, but only if the searches are started by people physically located within the European Union itself.
An investigation into the tax-related finances of Apple in Europe will be completed by the end of this year, according to Ireland's finance minister. Michael Noon advised earlier today that the investigation by European Union regulators into whether or not Apple and other major multinational companies have benefited from using "illegal tax sweeteners" on the continent will be ruled upon in the coming weeks, one that could potentially cost companies millions.
The European Union's crusade against roaming charges has received crucial support from the European Parliament, after being given the all-clear, at the same time as new net neutrality measures. Proposals to scrap roaming charges completely across the continent have been approved by Members of the European Parliament (MEPs) in a vote, and though they won't be removed completely until mid-2017, consumers in the region can expect to start feeling the effects of changes in the law from April next year.
Europe is one step closer to ending mobile phone roaming charges throughout the continent, after the European Parliament agreed on new rules to forbid them once and for all. According to the deal, agreed to last night in the final days of Latvia's European Union Council presidency, roaming charges as a whole in the region will be scrapped in the next two years, with the agreement also -- surprisingly -- including stricter net neutrality rules that would apply across the continent.
Now AAPL Stock: 145.82 ( -0.46 )
Cirrus creates Lightning-headphone dev kit
Apple supplier Cirrus Logic has introduced a MFi-compliant new development kit for companies interested in using Cirrus' chips to create Lightning-based headphones, which -- regardless of whether rumors about Apple dropping the analog headphone jack in its iPhone this fall -- can offer advantages to music-loving iOS device users. The kit mentions some of the advantages of an all-digital headset or headphone connector, including higher-bitrate support, a more customizable experience, and support for power and data transfer into headphone hardware. Several companies already make Lightning headphones, and Apple has supported the concept since June 2014. http://bit.ly/29giiZj
Apple Store app offers Procreate Pocket
The Apple Store app for iPhone, which periodically rewards users with free app gifts, is now offering the iPhone "Pocket" version of drawing app Procreate for those who have the free Apple Store app until July 28. Users who have redeemed the offer by navigating to the "Stores" tab of the app and swiping past the "iPhone Upgrade Program" banner to the "Procreate" banner have noted that only the limited Pocket (iPhone) version of the app is available free, even if the Apple Store app is installed and the offer redeemed on an iPad. The Pocket version currently sells for $3 on the iOS App Store. [32.4MB]
Porsche adds CarPlay to 2017 Panamera
Porsche has added a fifth model of vehicle to its CarPlay-supported lineup, announcing that the 2017 Panamera -- which will arrive in the US in January -- will include Apple's infotainment technology, and be seen on a giant 12.3-inch touchscreen as part of an all-new Porsche Communication Management system. The luxury sedan starts at $99,900 for the 4S model, and scales up to the Panamera Turbo, which sells for $146,900. Other vehicles that currently support CarPlay include the 2016 911 and the 2017 models of Macan, 718 Boxster, and 718 Cayman. The company did not mention support for Google's corresponding Android Auto in its announcement. http://bit.ly/295ZQ94
Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa
SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If
Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm
Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE