Category: Business

Apple has had a rough few years in the tax department. In 2013, after a massive crackdown on how the company handles taxes, a government subcommittee determined that the company had avoided paying tens of billions of dollars in taxes by pushing profit into Irish subsidiaries. Now, leaked document reveal the company has found a new international tax residency —… Continue reading "Leaked documents reveal Apple’s new shelter for profits is the island of Jersey"

Morgan Wandell, a top executive at Amazon since 2013, has been lured away by Apple as part of its bid to increase scripted programming in the streaming market. With Apple ready to drop as much as $1 billion to develop original programming, according to Business Insider, they hope to become a major player in the industry. Wandell arrived at Amazon… Continue reading "Apple nabs top Amazon executive to helm development of original scripted series"

Apple and Qualcomm are engaged in what will likely be a yearslong and epic battle. Following news that Qualcomm had been charging heightened royalties for use of its tech, as well as reports indicating Qualcomm required Apple to pay a percentage of the iPhone’s revenue in return for the use of Qualcomm patents, Apple has sued the company in three countries. In… Continue reading "Qualcomm seeks to ban the sale and production of iPhones in China"

The fact that the tech industry has too few women is no secret. The solution to that problem, however, seems in some ways to be kept under lock and key. But here to begin cracking the code is a new venture capital community called The Helm, a company offering seed-round funding to female founders in hopes of injecting some much-needed… Continue reading "Could The Helm be the secret to fixing Silicon Valley’s gender diversity issue?"

Roku has gone public. The streaming device company officially began trading on the Nasdaq under ROKU on September 27, after filing for an initial public offering on Friday, September 1. Though reports initially suggested that the company might have trouble going public, since Roku does not actually make much money from either Netflix or YouTube, that hasn’t proven to be a… Continue reading "Roku stock price rises 68 percent on its first day of trading"

The launch of a new iPhone is usually a big media event, with avid customers waiting weeks in line, fights breaking out at the stores, and people being robbed of their new purchases at gunpoint. This year? Not so much. The new iPhone 8 launch is being met with a collective yawn, with only a few Apple Stores reporting any… Continue reading "Apple iPhone 8 launch fails to garner much enthusiasm worldwide"

It’s official: Google has agreed to acquire a select team of engineers from HTC’s smartphone division for $1.1 billion in an all-cash deal. Under the terms of the unusual arrangement, the search giant won’t get a direct stake in HTC — instead, it’ll gain “non-exclusive” licensing rights to HTC’s current and future intellectual property. The engineers are people who have… Continue reading "Why Google bought part of HTC’s smartphone team for $1.1 billion"

Delivery may be all the rage these days, but to stand out, one meal company is hoping to prove that we’re not as lazy as we’ve made ourselves out to be. Meet MealPal, the pickup meal service that actually wants you to leave your home or office in order to acquire your sustenance. Unlike other subscription services, the vast majority… Continue reading "You can get lunch from restaurants for less than $6 with MealPal"

Amazon customers who have products they’d like to return will soon be able to drop them off at a local Kohl’s outlet. Starting in October, and initially launching in 82 retail locations within Chicago and Los Angeles, Kohl’s will pack and ship these items to Amazon return centers for no additional cost. Speaking about the free service, Kohl’s Chief Administrative Officer Richard… Continue reading "Need to return an Amazon order? Just drop it off at Kohl’s"

Two of the biggest names in self-driving vehicles — indeed, two of the biggest names in technology — are embroiled in a massive lawsuit, and the outcome may reshape the burgeoning industry. As Uber and Alphabet/Google clash in court, we see a burgeoning technology inherit the same problems any new development sees at it struggles for legitimacy. Who owns the… Continue reading "Google needs more time as its self-driving car lawsuit against Uber heats up"