On last night's Daily Show, host Jon Stewart took time to make fun the United States Senate, as well as Apple, over the testimony given by CEO Tim Cook on Tuesday with regard's to Apple's tax practices. Stewart took Senators to taskShow More Summary
By Jason Schwarz: Even Tim Cook's harshest critics have been quick to salute the Apple (AAPL) CEO for the leadership he exhibited this week in Washington. Throughout the tax hearing Cook came across as the smartest in the room; his resolve was unshaken and his toughness was even applauded by Senator John McCain. Show More Summary
Today's New York Times contains a tale of two hearings: The fairly friendly dressing down of Apple CEO Tim Cook for his company's efforts to pay billions less in taxes by moving and keeping profits overseas vs. the hostile interrogation...Show More Summary
Apple Inc. (NASDAQ:AAPL) CEO Tim Cook went before a U.S. Senate committee to testify about its business model involving taxation. While it was likely meant to attack corporations for “dodging” taxes by storing money in overseas accounts – and that was how at least one side of the political aisle tried to describe it – [...]
Apple CEO Tim Cook was on Capitol Hill this week, answering questions about how his company has managed to -- legally -- avoid paying taxes on billions of dollars of profits worldwide. It seems like the company has been making headlines...Show More Summary
On Tuesday, Apple CEO Tim Cook testified in front of the Congressional Permanent Subcommittee on Investigations as a part of...
Talk about going to the top for tech support: After grilling Apple CEO Tim Cook about his company’s tax strategy, the senator skipped a trip to the Apple store and went straight to the big boss for customer service. “I’m out of time, but what I really wanted to ask was why the hell I [...]
"The Daily Show" host Jon Stewart thinks that the senators who questioned Apple CEO Tim Cook over his company's tax practices were no where near tough enough. Watch the clip. What do you think?
"I am not an unfair person," Apple CEO Tim Cook told lawmakers yesterday. "Apple is not an unfair company."
In a hearing where Senator Carl Levin (D-MI) deemed Apple’s tax planning “the Holy Grail of tax avoidance,” Apple CEO Tim Cook’s appearance before the Senate Permanent Subcommittee on Investigations resulted in a show trial of sorts....Show More Summary
Yesterday, Sen. Rand Paul (R-Ky.) offered a blunt apology to Apple CEO Tim Cook, scolding his fellow senators for criticizing Cook and his company for using offshore havens to avoid billions in tax bills. Apple doesn't have a PAC, so...Show More Summary
Today on TUAW TV Live, cohost Shawn "Doc Rock" Boyd and I will be conversing about a number of topics. Yesterday saw Apple CEO Tim Cook being grilled by a Senate committee about corporate taxes and at the same time passing along a hint that a "refreshed Mac line" will be manufactured in the Great State of Texas, so both of those are worthy of banter. Show More Summary
Apple CEO Tim Cook threatened to keep more than $100 billion of the company’s international earnings away from the United States unless Congress dropped the 35 percent corporate tax rate to the single digits. This bold demonstrationShow More Summary
Apple, that darling of the tech world, has been in the news this week, not because of any new hardware it's releasing, but because of the way it's been handling its foreign earnings. Dragged before the U.S. Senate, CEO Tim Cook was excoriated over allegations that the company is using an Irish subsidiary to avoid billions in taxes. Show More Summary
Getty Images Apple (AAPL) CEO Tim Cook was summoned to Capitol Hill Tuesday to explain his company's tax arrangements, which, according to Congressional investigators, amount to large-scale avoidance of taxes due to the U.S. and other...Show More Summary
Apple CEO Tim Cook got specific about where in the U.S. the company would be building its Mac computers, something he promised last year. Cook said in a statement before the Senate subcommitee in Washington D.C. that a factory in Texas will be used to build a new line of Macs. Show More Summary
During yesterday's Senate Permanent Subcommittee on Investigations hearing with Apple -- accused of avoiding taxes upwards of $74 billion -- Senator John McCain used the Q&A session with CEO Tim Cook to ask a few questions about his phone. Show More Summary
Apple sent three top executives to Washington, D.C. yesterday to testify in front a congressional hearing on Apple's tax practices. Making the journey from Cupertino were Apple CEO Tim Cook, Apple CFO Peter Oppenheimer, and Phillip Bullock...Show More Summary
As you know my now, Apple Inc. (NASDAQ:AAPL) is going through the ringer as the government takes a closer look at its tax practices. Despite the fact that Apple CEO Tim Cook has repeatedly said that the company is paying every last dollar it owes, something seems to be missing. The U.S. Senate Permanent Subcommittee [...]
What was John McCain’s last, most burning question to CEO Tim Cook in yesterday’s Senate panel investigation of Apple’s tax avoidance policies? Check out the video I’ve posted below to see for yourself. Some people might feel that the 76-year-old chairman of the Senate Permanent Subcommittee on Investigations was experiencing a senior moment when he [...]Show More Summary