| | Apple Issues Official Statement on EU Ruling  The European Union has ruled that it expects Apple to pay $14.5 billion in back taxes, and the tech giant responded with a simple statement.
"It will have a profound and harmful effect on investment and job creation in Europe."
The message there is clear: Apple says you can have taxes or jobs, but not both.
Apple struck a legal tax deal with Ireland in 1991, and by 2015 the tech giant had created 5,000 jobs within the nation. It has another 1,000 jobs ready to be created when it opens its headquarters in Cork, Ireland.
Apple is currently the largest taxpayer in Ireland, so it has significant negotiating power as this situation unfolds.
| | | Tech billionaire Sean Parker reportedly just bought a third adjacent townhouse in New York City. Read more » | | | | A former Facebook news team worker says management basically ignored them. Read more » | | | | YouTube live video views are up 80% in the last year, and the number of live video postings is up 30% in that time Read more » | | | | Leaked photos of the new Apple Watch indicate the device could have a 35% larger battery life in the larger version. Read more » | | | | David Drummond, a longtime executive at Google parent company Alphabet, has resigned from Uber's board of directors. Read more » | |  The Internet of Things Report In this report, we discuss all of the components of the IoT ecosystem, including its devices, analytics, networks, and security. We also provide estimates and forecasts on the burgeoning IoT market, including device growth, amount invested, and potential return on investment. Learn More » | | |  | | There is a race within the $1 billion digital microphone industry to address growing demands on the technology from vendors like Apple, Google, and Amazon. Read More » | | |  | | Thirty-three percent of Facebook users want to see fewer publisher articles in their feeds, according to a US survey of 526 random participants by social engagement platform Spot.IM. Read More » | | |  | | Square is partnering with point-of-sale (POS) technology firms TouchBistro and Vend to give their merchant clients access to the suite of Square offerings, including payment processing, working capital, and other tools and services, without pushing them to the Square POS system. Read More » | | |  | | Smart home device ownership in the U.K. is stagnating, according to a recent survey from Deloitte. The survey, which looked into smart home device ownership levels and interest, shows almost no growth between 2015 and 2016, even in the most popular smart home device categories. Read More » | | |  | | Beauty retail chain Ulta experienced significant growth during Q2 2016, with its e-commerce business experiencing the biggest bump in sales. Read More » | 700 million IoT devices on low-power wide-area networks by 2021
 | Over one in five US consumers have experienced card fraud multiple times
 | Performance issues could slow new mobile platforms
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