Tag: Apple

• Thursday, April 24th 2025 - 07:13 UTC

  EC heavy fines on Apple and Meta for breach of Digital Market obligations

  

  US tech giants Apple and Meta were fined €500 million ($572 million) and €200 million respectively. by the European Commission for breach of the EU's Digital Markets Act (DMA) obligations

• Wednesday, October 5th 2022 - 13:48 UTC

  EU unifies chargers to USB-C format; bill becomes effective 2024

  

  As it had been anticipated the European Parliament approved a law on Tuesday that will require companies to ensure that every smart-phone, tablet and camera has the same charger.

• Saturday, April 24th 2021 - 09:08 UTC

  Apple retailer iPlace lands in Montevideo thanks to better tax conditions than those in Argentina

  

  Apple's largest retailer in South America, iPlace, which is present in 27 Brazilian states has landed this week in Uruguay. The company iPlace chose Montevideo to start its international expansion to be able to keep an eye on the Argentine market thanks to its geographical proximity, iPlace CEO Matheus Mundstock explained.

• Thursday, August 20th 2020 - 08:38 UTC

  In two years Apple doubled its value to US$ 2 trillion, becoming world's most costly listed company

  

  Just two years after Apple became the first publicly listed US company with a US$1 trillion stock market value, the iPhone maker has now topped US$2 trillion. The Cupertino, California-based company's shares briefly rose to as high as US$468.65 on Wednesday, equivalent to a market capitalization of US$2.004 trillion.

• Thursday, July 16th 2020 - 06:23 UTC

  Apple scores major win: European court rejects order for iPhone maker to pay 13bn Euros in Irish back taxes

  

  Apple scored a major win on Wednesday as Europe's second-highest court rejected an EU order for the iPhone maker to pay 13 billion euros (US$15 billion) in Irish back taxes, dealing a blow to the bloc's attempts to crack down on sweetheart tax deals.

• Monday, February 10th 2020 - 07:55 UTC

  Apple fined in France for deliberately slowing down older iPhone model, unaware to customers

  

  Apple has been fined 25 million Euros (US$ 27m) for deliberately slowing down older iPhone models without making it clear to consumers. The fine was imposed by France's competition and fraud watchdog DGCCRF, which said consumers were not warned.

• Thursday, September 12th 2019 - 19:00 UTC

  Mexico to apply sales tax on Netflix, Apple, Spotfy, Amazon Prime

  

  A Mexican sales tax on foreign digital businesses providing audio or visual services could generate tax revenue of about 3.6 billion pesos (US$ 185 million) a year, a senior lawmaker in Mexico’s ruling party said on Tuesday.

• Friday, April 12th 2019 - 01:24 UTC

  Again Amazon, Apple and Google could be infringing customers' privacy with voice reviewers

  

  Amazon, Apple and Google all employ staffs who listen to customer voice recordings from their smart speakers and voice assistant apps. News site Bloomberg highlighted the topic after speaking to Amazon staff who “reviewed” Alexa recordings.

• Tuesday, April 9th 2019 - 06:30 UTC

  France approves tax on digital giants: defends fiscal sovereignty and honored to break ground

  

  French lawmakers on Monday approved a new tax on digital giants such as Facebook and Apple that has angered the United States, with Finance Minister Bruno Le Maire boasting that France was proud to be in the vanguard of such a move.

• Monday, January 21st 2019 - 09:05 UTC

  China's economy expands at its slowest rate since 1990

  

  China's economy continued to slow in the last quarter of 2018, official figures showed, stoking fears about the impact on the global economy. In the three months to December, the economy grew 6.4% from a year earlier, down from 6.5% in the previous quarter. For the full year China expanded at 6.6%, its slowest rate since 1990.