There's been a lot of flirting going on in recent months between Apple and Facebook. In February, Apple CEO Tim Cook told a group of investors that Facebook was "the one company that is closest to being like Apple". Last week, Apple did a big App Store promotion for Facebook's new Camera app, and clearly knew about it well beforehand. Then, of course, there were Cook's comments at the D10 conference earlier this week.
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We are updating this blog during the live congressional testimony of Apple CEO Tim Cook. More details will be added soon. Apple’s CEO Tim Cook came out firing during his Congressional grilling, declaring, “we pay all of the taxes we... Read Post
WASHINGTON (AP) — The Senate dragged Apple Inc., the world’s most valuable company, into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid billions i... Read Post
Apple chief executive Tim Cook told a Senate panel Tuesday that the U.S. tax code needs a dramatic overhaul with the overall corporate tax rate, currently at 35 percent, falling to about 20 percent. Testifying before the before the ... Read Post