By Cody Lee on Jun 17, 2013
Eddy Cue once again took the stand today in Apple’s ongoing antitrust case with the Department of Justice. The company’s SVP of Internet software and services took the stand on Friday to talk about Steve Jobs’ involvement in Apple’s iBooks project. And this morning, he offered up a few more details.
Cue spoke more candidly on the witness stand today, providing several interesting tidbits about Jobs’ participation in Apple’s iBooks launch back in 2010. Apparently, the then-CEO had a big hand in the project, doing everything from designing minor UI details to choosing which book to offer for free… Read More
By Cody Lee on Jun 17, 2013
Tonight the company posted an open letter to its website entitled ‘Apple’s Commitment to Customer Privacy.’ The letter reiterates that Apple knew nothing about the so-called PRISM program, and offers insight into its relationship with the government and what it means for users… Read More
By Ed Sutherland on Jun 13, 2013
While its no case of Elliot Ness against Chicago’s rum runners of Prohibition days, prosecutors in two major U.S. cities are teaming up with local police to fight a wave of violent smartphone thefts. Law enforcers Thursday issued an SOS of sorts, or ‘Save Our Smartphones’.
The announcement comes as Apple and other smartphone makers meet with the New York State Attorney General and San Francisco’s District Attorney. It’s unknown whether Apple’s new Activation Lock feature unveiled during Monday’s WWDC keynote as part of iOS 7 will be enough to satisfy calls for handset makers to create a kill switch to disable stolen smartphones… Read More
By Cody Lee on Jun 6, 2013
According to a new report, a newly leaked court order has revealed that the National Security Agency (or NSA) is currently collecting the telephone records of millions of United States cell phone users on Verizon Wireless.
The order, which was granted to the FBI by the Foreign Intelligence Surveillance Court (FISA), requires the carrier to give the NSA information on all telephone calls in its system from both within the US, and between the US and other countries… Read More
By Ed Sutherland on Jun 5, 2013
After spending last week under the hot lights of Congressional investigators about its taxes, Apple hopes to switch gears and ask for government help fighting so-called patent trolls. Among the iPhone maker’s potential allies: U.S. President Obama, who reportedly plans to limit such costly legal nuisance lawsuits.
As part of the proposed plan the White House is expected to unveil, the United States Patent and Trademark Office (USPTO) would gain some teeth, requiring patent holders to disclose companies which actually own the technology, reports the Wall Street Journal… Read More
By Cody Lee on May 29, 2013
Apple has long been criticized by environmental organizations for its lack of effort to reduce its carbon footprint. The criticism got so bad at one point, that Steve Jobs himself felt that it was necessary to address the topic via an open letter on Apple’s website.
But things have changed a lot since Jobs’ infamous ‘A Greener Apple’ post. The company has taken several steps to become more environmentally-friendly, including constructing large solar farms, and apparently hiring the former administrator of the EPA… Read More
By Christian Zibreg on May 27, 2013
Carl Levin, the chairman of the Senate Permanent Subcommittee on Investigations, ahead of a high-profile congressional hearing accused Apple of seeking “the Holy Grail of tax avoidance” by creating “offshore entities holding tens of billions of dollars, while claiming to be tax resident nowhere.”
Needless to say, click-hungry media came all guns blazing in support for the government’s stance. But not so fast, cautions former U.S. Senator John E. Sununu (Republican, New Hampshire), who points the finger at the United States government over instituting tax laws that discourage corporations like Apple from repatriating its $40 billion in overseas cash… Read More
By Cody Lee on May 24, 2013
By now, most of you have likely heard that Apple will be going to trial with the U.S. Justice Department next month. The iPad-maker is set to defend itself against charges that it conspired with book publishers to raise e-book prices.
According to U.S. District Judge Denise Cote, it doesn’t look good. In a rather unusual pretrial move, the presiding Judge offered up her tentative view on the case. And she thinks it’s likely that the court will find Apple guilty… Read More
By Christian Zibreg on May 22, 2013
Penguin, one of the five named publishers in the Apple e-book price fixing suit, has reached a comprehensive agreement with the United States State Attorneys General and private class plaintiffs to pay a cool $75 million in consumer damages, in addition to costs and fees related to resolving all antitrust claims relating to the e-book price fixing suit… Read More
By Christian Zibreg on May 21, 2013
Apple CEO Tim Cook, along with the company’s finance boss Peter Oppenheimer and Tax Operations head Phillip Bullock, earlier this morning took the witness table at a congressional hearing on Capitol Hill to face U.S. senators who grilled the three men on Apple’s offshore tax practices.
This also means today was the day many Apple bloggers got to become experts on tax reform. We live-blogged the whole thing, but if you had better things to do than sift through the back and forth between Apple execs and senators John McCain and Carl Levin, Apple’s got you covered.
Right on cure, the Cupertino firm has published Cook and Oppenheimer’s opening statements that detail its now widely reported stance on a comprehensive U.S. corporate tax code reform… Read More
By Christian Zibreg on May 21, 2013
Apple CEO Tim Cook, who has been summoned to testify in a Senate hearing on offshore tax practices, now has to do something no other Apple CEO did before him: take the witness table at a congressional hearing on Capitol Hill.
Apple ahead of the hearing published a 17-page written testimony which details its push for a fair tax reform: it should be revenue neutral, Apple writes, eliminate all corporate tax expenditures, lower corporate income tax rates and implement a reasonable tax on foreign earnings that allows free movement of capital back to the U.S.
It’s not clear why the U.S. Senators singled out Apple as many other companies don’t repatriate the money earned overseas due to the steep 35 percent tax. It’s important to note that what Apple and others are doing isn’t illegal. Moreover, Apple is compelled to do what is in both their and their shareholders’ best interest.
Anyway, you’ve hopefully grabbed your popcorn because things are about to get quite interesting if not downright messy. Go past the fold for a blow by blow… Read More
By Christian Zibreg on May 20, 2013
Tomorrow will be a pretty big day for Apple CEO Tim Cook, finance boss Peter Oppenheimer and Tax Operations head Phillip Bullock as the three men are scheduled to appear in front of the United States Senate Permanent Subcommittee on Investigation and give testimony regarding the company’s creative approach to tax avoidance.
Apple ahead of the hearing published a lengthy document on its web site which pushes for tax reform on argument that America’s tax system undermines the nation’s competitiveness in the “digital economy” because the current tax code was written for the “industrial era.” As expected, some U.S. senators beg to differ and think Apple is just being creative in its tax avoidance strategy.
This is bound to get more complicated when Tim Cook & Co. find themselves in hot water explaining to U.S. Senators how the company sidesteps U.S. taxes. Get your popcorn out… Read More
By Cody Lee on May 20, 2013
Ahead of Tim Cook’s appearance in front of the US Senate Permanent Subcommittee on Investigation tomorrow, Apple has released a lengthy statement regarding its company tax practices and other items that will be used in its testimony.
Remember, last week we told you that Cook was expected to testify at a senate hearing this Tuesday on “offshore profit shifting,” following Apple’s move to take on domestic debt, rather than use its offshore cash, to avoid $9 billion in taxes…
By Christian Zibreg on May 17, 2013
As expected, the Pentagon has finally approved Apple’s iPhone and iPad devices for use on the United States military networks, Bloomberg learned Friday. The clearance sets the stage for Apple to compete with Samsung and BlackBerry for military sales. According to the report, the Defense Department today approved the use of Apple’s portable products running the iOS 6 software… Read More
By Cody Lee on May 16, 2013
Yesterday, word got out that Tim Cook would be testifying at a senate hearing next week over Apple’s tax practices. The hearing was called after the iPad-maker took on billions in debt to fund its shareholder return plan, rather than paying taxes on its offshore cash.
The move reportedly saved the Cupertino company around $9 billion in various tax charges, bringing it to the forefront of an ongoing debate about the legality of offshore tax evasion. But in a recent interview, Tim Cook says that Apple isn’t doing anything wrong… Read More
By Cody Lee on May 16, 2013
Things are really starting to heat up between Apple and the US Department of Justice over this e-book price fixing scandal. The DoJ filed an antitrust lawsuit against Apple last year for allegedly conspiring with major book publishers to raise e-book prices.
And with the trial set to kick off in a few weeks, there’s beginning to be a lot of activity between the two. Yesterday, a DoJ filing popped up that called Apple out for facilitating the price fixing. And today, a potentially damning email from Steve Jobs has surfaced… Read More
By Cody Lee on May 15, 2013
In a recent bond offering, Apple took on billions of dollars in debt in order to finance an initiative to return some of its cash to shareholders. Its plan is to give $100 billion back to investors, by way of dividends and stock buybacks, by 2015.
Since most of its cash is offshore, Apple’s decision to take on debt instead of tapping its own $150 billion cash pile helped it sidestep an estimated $9 billion in taxes. Unfortunately, it’s also caught the attention of the US government… Read More
By Cody Lee on May 12, 2013
It appears that all of that talk regarding iOS devices being close to gaining Pentagon clearance was spot on. Bloomberg is reporting this weekend that the US Department of Defense plans to give Apple security clearance later this week.
As we’ve discussed before, the DoD’s approval would mean a lot for the Cupertino company, who has been trying to get its iPhone and iPad into government buildings, that were once reserved for BlackBerry, for quite some time now… Read More
By Cody Lee on May 10, 2013
Back in January, the mobile homebrew community suffered a major blow when several DMCA exemptions expired. Among them was a rule that made unlocking cellphones legal, effectively making the practice illegal here in the United States.
But it may not be that way for long. A new bill just landed in the House of Representatives called The Unlocking Technology Act of 2013, which, among other things, would make the process of unlocking your cellphone unequivocally legal… Read More
By Cody Lee on May 7, 2013
There’s been a lot of talk lately regarding Apple and its efforts to broaden the use of iOS in government agencies. The latest report says the US Department of Defense is close to granting both the iPhone and iPad approval for secure use.
Today comes word that the DoD might have just received the green-light it needed to move forward. The National Institute of Standards and Technology (or NIST) just announced that iOS 6 has achieved FIPS 140-2 certification (Level 1)… Read More