Apple ordered to pay 13 billion euros in taxes to Ireland

On Tuesday, the European Court of Justice (ECJ) issued a final ruling in the ongoing case concerning Irish tax rulings for Apple. The court rejected Apple’s appeal against a 13 billion Euros tax order mandated by the European Commission. Continue reading “Apple ordered to pay 13 billion euros in taxes to Ireland”

Apple plans new fees and restrictions for App Store in compliance with EU law: Report

Apple is gearing up to implement changes in response to a recent European law challenging its control over iPhone apps. According to The Wall Street Journal, these adjustments will introduce fees and restrictions for users downloading apps outside of Apple’s closed ecosystem. Continue reading “Apple plans new fees and restrictions for App Store in compliance with EU law: Report”

EU approves Microsoft’s $68.7 billion Activision Blizzard acquisition

On Monday, the European Union granted its approval for Microsoft’s acquisition of video game manufacturer Activision Blizzard, which is valued at $68.7 billion. The EU concluded that this deal would not hinder competition in the market for sought-after console games such as Call of Duty. Continue reading “EU approves Microsoft’s $68.7 billion Activision Blizzard acquisition”

Google challenges $5.04 billion European Commission antitrust fine

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Alphabet unit Google has challenged the fine imposed by the European Union antitrust regulators in July. The commission has fined Google a record 4.34-billion euro (£3.8 billion) for imposing illegal restrictions on Android device manufacturers and mobile networks to cement its dominant position in general internet search. Continue reading “Google challenges $5.04 billion European Commission antitrust fine”

EU orders Apple to pay 13 billion euros in tax to Ireland

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The European Commission (EU) has ordered Apple to repay a record 13 billion euros ($14.5 billion) plus interest in taxes to the Irish government in a penalty which is the largest EU fine to date.

Continue reading “EU orders Apple to pay 13 billion euros in tax to Ireland”