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Added on the 30/08/2016 15:53:29 - Copyright : Reuters EN
EU antitrust regulators order Apple to pay up to 13 billion euros in taxes plus interest to the Irish government after ruling that a special scheme to route profits through Ireland was illegal state aid. Rough Cut (no reporter narration).
The EU has hit Apple with a 1.8-billion-euro fine ($1.9 billion) for violating the bloc's laws by preventing music streaming services from informing users about subscription options outside of its App Store. "Apple did so by restricting app developers' ability to inform users of Apple devices about alternative cheaper options to purchase music available on the internet outside of the Apple ecosystem," commission vice-president Margrethe Vestager says in a statement. SOUNDBITE
Bangkok, Oct 8 (EFE/EPA).- Apple's new iPhone 13 lineup went on sale in Thailand on Friday amid measures to prevent the spread of COVID-19. (Camera: NARONG SANGNAK).SHOT LIST: CUSTOMERS PICK UP THEIR NEW APPLE IPHONE 13 ORDERS AT A DRIVE-THOUGH COUNTER OF THAI MOBILE NETWORK PROVIDER, TRUE, IN BANGKOK, THAILAND.
In 2017, then-Governor of Wisconsin Scott Walker made great fanfare of the arrival of Apple's biggest supplier, Foxconn. Foxconn had agreed to build a facility to manufacture large-screen TV displays and create 13,000 jobs. In exchange, Wisconsin would offer an enticing series of tax breaks, totaling $4 billion. Now, Business Insider reports the Wisconsin Economic Development Corporation has rejected Foxconn's application for tax subsidies. Business Insider reports Foxconn had to have at least 520 people under employment by the end of 2019 to receive the subsidies. Foxconn claimed to have hired 550 people, but Wisconsin says only 281 of them met the qualifications listed in the contract.
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