EU orders Amazon to pay €250 million after getting illegal tax benefits
After ruling last year that Apple owed a whopping €13 billion to Ireland in back taxes, the European Union on Wednesday morning determined that Amazon received …
Business
Ireland to be fined for not taxing Apple
A report from Bloomberg throws an interesting new wrench into the story of Apple’s tax situation in Ireland, which has been ongoing now since the end of …
No, a T-Mobile-Sprint merger wouldn’t be good for consumers
If the rumors are right, a merger of T-Mobile and Sprint has already been agreed in principle, and we should see an announcement by the …
Tesla produced fewer Model 3s than expected since launch, ‘production bottlenecks’ to blame
Tesla has published the first set of production numbers since Model 3 deliveries started, and let’s just get the bad news out of the way …
Equifax, which promised that exec stock sale wasn’t sketchy, now thinks it might be sketchy
Hey, remember Equifax? You should, since they leaked the personal information of half of the United States just a few weeks ago. Well, now the …
T-Mobile and Verizon take their argument over the ‘fastest’ network up a notch
Ever since John Legere took over as CEO of T-Mobile five years ago, the relationship between the “Un-Carrier” and its big rivals has been less …
Apple is tired of relying on Intel or Qualcomm for anything
Apple already does the most end-to-end work of any company building smartphones. It has complete control over the physical design, codes all the software, and …
Apple just acquired Regaind – here’s a demo of the AI startup’s tech
TechCrunch reports that Apple has acquired Regaind, a French computer vision startup that specializes in working out if photos are interesting. TechCrunch cites “multiple sources” in saying that …
Ikea buys TaskRabbit, the number-one provider of flatpack furniture assembly
Ikea, a Swedish company famous for its flat-pack furniture and meatballs, has bought TaskRabbit, the Uber for getting people to do random chores for you. …
What a combined T-Mobile-Sprint network would actually look like
Reports are swirling that T-Mobile and Sprint have agreed a deal to merge in principle, with an announcement set to come in October. A merged …
Investors still optimistic about the iPhone X amid falling stock prices
Apple’s shares are down nearly 10 percent since the iPhone X unveiling, from $165 as Craig Federighi messed up the Face ID demo, to $150 …
Uber ends service in Montreal as regulatory crackdown continues
Uber has announced that it’s ending operations in Montreal, just days after its license to operate in London was revoked by city authorities. It’s the …
Equifax CEO Richard Smith decides to retire after destroying the trust of 143 million Americans
Equifax CEO Richard Smith, who was paid a salary of nearly $12 million, has decided that allowing the leak of personal information on 143 million …
Elon Musk isn’t worried about Mercedes’s $1 billion electric car investment
Whereas iconic CEOs like Steve Jobs and Bill Gates famously abhorred competition and did everything in their respective powers to squash it — sometimes using …
iPhone X sales likely to skyrocket once Apple gets a grip on production issues
Apple would have certainly preferred to launch the iPhone X alongside its brand new iPhone 8 models, but Apple’s next-gen smartphone is understandably a tad …
T-Mobile and Sprint will complete merger within weeks, report says
Rumors have been swirling for months about a T-Mobile/Sprint hookup, but things are getting very realistic, very fast. A new report from CNBC quotes sources who …
The nightmare T-Mobile Sprint merger is close to happening
Sources have told Reuters this morning that T-Mobile is “close to agreeing tentative terms on a deal to merge with peer Sprint,” bringing us one step closer …
Mercedes-Benz is making a $1 billion bet against Tesla
Daimler AG, the parent company of Mercedes-Benz, is spending $1 billion to start the production of electric vehicles at a factory in Alabama. Blockbuster investment …
Google is buying the heart of HTC’s smartphone division for $1.1 billion
Google and HTC have announced a $1.1 billion cooperation agreement between the two companies, which will send a large part of HTC’s smartphone engineering team …
Apple is about to score a multi-billion dollar deal to fix its iPhone storage problems
One of the most boring tech stories of the year has been the imminent sale of Toshiba’s memory chip division. The Japanese company has been …
Equifax has been sending hack victims to a fake phishing site
If you’re feeling lost and confused following news of Equifax’s recent data breach, don’t worry: not even Equifax’s own customer service knows what’s going on. …
Young Americans will be the death of cable TV
The best data we have suggests that cord-cutting — ditching cable TV for streaming services — is happening faster than anyone foresaw. But in case …
HTC schedules major announcement as Google takeover rumors intensify
HTC has issued a trading halt on its stock, effective tomorrow, as it’s set to make a major announcement to shareholders. The announcement ties in …
Media giant Viacom dodges bullet over massive security breach
Viacom, the media conglomerate that owns Paramount, Comedy Central, MTV, and hundreds of other properties, has had a giant security flaw exposed by a security …
T-Mobile is raising its throttling threshold to a massive 50GB
T-Mobile just published a blog post announcing changes to its Unlimited plan, and for once, they’re actually good. The prioritization threshold — the amount of …
T-Mobile and Sprint are reportedly talking about a merger… again
As the third- and fourth-largest wireless carriers in the United States, T-Mobile and Sprint have been casually chatting about a merger for a long, long …
The iPhone X’s astronomical price might be to blame for supply shortages
Apple announced the iPhone X in a blockbuster presentation last week. But we’re still left with some uncharacteristically big questions for Apple about its new …
Throttling streaming video is a cost-cutting move for Verizon
Verizon recently pulled an unpopular U-turn over streaming video, introducing new restrictions to its unlimited plans that limit streaming video to 480p standard definition. Analysts …
Nintendo Switch outsells PS4 and Xbox One in the US once again in August
Nintendo’s incredible rebound year got even better this week as The NPD Group on Thursday released its sales report for the month of August, revealing that …
Samsung just tried to steal some of the iPhone X’s thunder, and it really didn’t work
Today is the day tens of millions of Apple fans around the world have been eagerly anticipating for months. That’s right, it’s new iPhone day! …
