Apple CEO Tim Cook spent Tuesday in front of a US Senate committee investigating the company's use of foreign tax havens. He said the company has paid all the taxes it owes.
European finance ministers are worried. They say the United States' big tax reform bill contains measures that would unfairly disadvantage European business and contravene global fair-taxation rules. Are they right?
Millions of Facebook users may have had their photos exposed to third-party applications due to a bug, the company managers said. The latest issue caps a year of embarrassing privacy breaches for the social media giant.
New relevations about Apple's tax avoidance strategy are making headlines as the Paradise Papers scandal unfolds further. EU finance ministers are due to discuss the issue during talks in Brussels on Tuesday.
With declining iPhone sales, Apple has put the Indian mobile phone market in its crosshairs. The world's most valuable company is edging closer to a deal to produce iPhones in India and sell them in Apple stores.
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