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EU'S TOP COURT DISMISSES APPLE'S FINAL APPEAL AGAINST ORDER TO PAY IRELAND 13B EUROS IN BACK TAXES

AppleMagazine

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September 13, 2024

Apple this week lost its last bid to avoid paying 13 billion euros ($14.34 billion) in back taxes to Ireland, in a finale to a dispute with the European Union that centered on sweetheart deals that Dublin was offering to attract multinational businesses with minimal taxes across the 27-nation bloc. The final decision by the EU's top court was quickly hailed as a landmark victory over corporate greed.

EU'S TOP COURT DISMISSES APPLE'S FINAL APPEAL AGAINST ORDER TO PAY IRELAND 13B EUROS IN BACK TAXES

“Today is a big win for European citizens and for tax justice,” said European antitrust Commissioner Margrethe Vestager, whose 8-year fight to impose the measure on the global tech behemoth brought her to tears when she finally heard she had won.

The ruling “confirms the European Commission’s 2016 decision: Ireland granted Apple unlawful aid which Ireland is required to recover,” the European Court of Justice said in a press release summarizing its decision.

imageThe case drew outrage from Apple when it was opened in 2016, with CEO Tim Cook calling it “total political crap.” Then-U.S. President Donald Trump slammed Vestager, who spearheaded the campaign to root out special tax deals and crack down on big U.S. tech companies, as the “tax lady” who “really hates the U.S.”

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AppleMagazine

AppleMagazine

GMAIL USERS AT RISK AS 183 MILLION CREDENTIALS EXPOSED IN MASSIVE GLOBAL LEAK

A sprawling new data breach has exposed more than 183 million email addresses and passwords, including tens of millions linked to Gmail accounts, in what cybersecurity experts are calling one of the most extensive credential leaks ever recorded.

time to read

4 mins

October 31, 2025

AppleMagazine

AppleMagazine

NVIDIA EXPANDS AUTONOMOUS DRIVING PUSH WITH UBER, STELLANTIS, LUCID, AND MERCEDES-BENZ PARTNERSHIPS

The partnerships bring together carmakers, ride-hailing networks, and next-generation vehicle platforms under Nvidia’s Drive Thor and Drive Hyperion ecosystems—hardware and software solutions that fuse real-time data processing, sensor integration, and machine learning to enable safer, smarter, and eventually self-driving vehicles.

time to read

3 mins

October 31, 2025

AppleMagazine

AppleMagazine

NVIDIA'S JENSEN HUANG SAYS THE AI BOOM IS REAL, NOT A BUBBLE

As investor enthusiasm for artificial intelligence continues to dominate global markets, questions have begun to surface about whether the current wave of capital and speculation surrounding AI companies has outpaced economic fundamentals.

time to read

3 mins

October 31, 2025

AppleMagazine

AppleMagazine

CHINA'S NEW FIVE-YEAR PLAN PULLS BACK SUPPORT FOR ELECTRIC VEHICLES AFTER SUBSIDY-DRIVEN EXPANSION

China's latest five-year plan signals a significant recalibration of its industrial priorities, with electric vehicles (EVs)losing the central role they held in previous policy cycles.

time to read

3 mins

October 31, 2025

AppleMagazine

AppleMagazine

APPLE'S SERVICES DIVISION IS NOW BIGGER THAN TESLA, PEPSI, AND DISNEY - AND STILL GROWING

Apple's services division has quietly evolved into one of the most powerful profit engines in the world — a business so large that its annual revenue now exceeds that of global giants like Tesla, PepsiCo, and Disney.

time to read

4 mins

October 31, 2025

AppleMagazine

AppleMagazine

APPLE'S PATH TO $4 TRILLION: HOW IPHONE SALES REIGNITED ITS LONG-TERM MARKET ASCENT

Apple has reached a US $4 trillion market capitalization, a landmark built not on a single breakthrough but on almost two decades of steady expansion anchored by the iPhone.

time to read

3 mins

October 31, 2025

AppleMagazine

AppleMagazine

APPLE PLANS MAJOR OLED EXPANSION FOR FUTURE IPAD AND MACBOOK MODELS

Apple is preparing to bring OLED display technology across its iPad and MacBook lineups, marking one of the most significant shifts in the company's display strategy since the introduction of Retina screens more than a decade ago.

time to read

4 mins

October 31, 2025

AppleMagazine

AppleMagazine

ADOBE BRINGS YOUTUBE SHORTS INTEGRATION TO PREMIERE PRO, STARTING WITH IPHONE USERS

Adobe has introduced direct YouTube Shorts integration into its Premiere Pro editing suite, beginning with support for videos shot on iPhones.

time to read

3 mins

October 31, 2025

AppleMagazine

AppleMagazine

U.S. DEPARTMENT OF ENERGY FORMS $1 BILLION PARTNERSHIP WITH AMD TO DEVELOP SUPERCOMPUTERS FOR AI AND RESEARCH

The U.S. Department of Energy (DOE) has announced a landmark $1 billion collaboration with Advanced Micro Devices (AMD) to design and build two next-generation supercomputers aimed at tackling some of science’s most daunting challenges—ranging from fusion energy and cancer research to national security and advanced artificial intelligence.

time to read

4 mins

October 31, 2025

AppleMagazine

AppleMagazine

MUSK'S NEW GROKIPEDIA PLATFORM CRASHES ON LAUNCH DAY AFTER HOSTING NEARLY 900,000 ARTICLES

Elon Musk’s latest digital project, Grokipedia, experienced a full system outage within hours of its launch this week after its servers were overwhelmed by traffic and database activity.

time to read

3 mins

October 31, 2025

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