Now that the United States Congress has passed the Republican tax overhaul, Apple is in a position to potentially bring back its $252.3 billion foreign cash pile without a major tax hit.
It seems Apple has finally reached an agreement with the European Union (EU) to start repaying the $15.4 billion it owes Ireland in back taxes early next year.
A new report out of The Economic Times quoted Suresh Prabhu, India's Commerce and Industry Minister, as saying he would be “very happy” if Apple were to expand its manufacturing presence in India, only months after Apple first starting producing iPhone SE in the country.
South Korean authorities have allegedly conducted a raid of Apple's offices in Seoul earlier this week ahead of the scheduled iPhone X launch on Samsung's home turf tomorrow.
The United Kingdom government is cracking down on technology companies like Apple, Google and Amazon, with the country's Treasury department announcing upcoming changes that will tax any UK earnings, regardless if they are held offshore.
Skype is the latest app to run into problems in China.
Apple CEO Tim Cook on Tuesday issued a new email message to all employees in which he reaffirmed his support for Deferred Action for Childhood Arrivals (DACA), saying Apple will work with members of Congress to advocate for a new solution offering support to any impacted Apple employees, like access to immigration experts.
China's State Administration for Industry and Commerce is currently reviewing a complaint from 28 local developers who allege that the iPhone maker has abused its market position in the mainland to charge excessive fees and remove apps from App Store without fair reasoning.
Apple's actions in China regarding the removal of unlicensed VPN apps are not at odds with its refusal in the US to unlock an iPhone that belonged to a San Bernardino shooter, Apple's chief executive said during Tuesday's post-earnings conference call with investors and analysts.
A limited run of “Assembled in India” iPhone SE models is now rolling from the assembly lines in India, run by Apple's contract manufacturer Wistron, but the Cupertino technology giant is now seeking extend tax breaks for its suppliers to build iPhones in the country from scratch.
Honolulu, the capital of Hawaii and gateway to the US island chain, has become the first US city to pass a legislation aimed at reducing injuries and deaths from “distracted walking”.
On Saturday, Apple removed all major VPN apps that could be used to evade government censorship from its App Store in China. Unsurprisingly, the firm said in a statement today that it's simply complying with government regulations put in place earlier in the year.