Apple Inc. (NASDAQ:AAPL) is being investigated by European authorities about whether the company’s corporate income tax arrangements in Ireland are legal or whether they are considered unlawful state aid. Many tech companies are using Ireland as their top choice for lowering corporation tax rates and for favorable laws, which enable complex avoidance like the Double Irish arrangement.
Apple Inc. Posts
Apple has revamped its policies for iOS 8 in the Apple App Store. This means that apps like Candy Crush and other apps that reward you for social sharing or watching videos could soon be penalized. Apps that promote other apps also violate Apple’s latest terms and conditions for developers.
Apple Inc. (NASDAQ:AAPL) is currently looking to replace PR head Katie Cotton. Cotton is the VP of corporate communications, who is retiring this month.
Apple has added a MAC address randomization feature in iOS 8 that makes it harder for marketers to track you on public WiFi networks, according to Frederic Jacobs on a Hacker News post. While your iPhone scans for WiFi networks, it is assigned a “random, locally administered” MAC address, which is a constant unique identifier attached to the phone’s wireless network interface. MAC addresses help retailers and others track return visits to build a shopper profile by connecting in-store visits to purchases. Apple has a feature called iBeacons, which uses Bluetooth as an alternative method for connecting software with in-store shoppers. Apple’s technology offers more transparent privacy controls for the user so it is easier to opt out of participation.
Apple Inc. (NASDAQ:AAPL) is launching a new program in its retail stores that would allow iPhone shoppers have more flexibility when selecting a data plan, according to 9to5Mac. This would save customers time in having to go to a carrier store. It would also boost sales at Apple’s retail locations.
According to a brief filing with the U.S. Securities and Exchange Commission (SEC) on Friday, Apple Inc. (NASDAQ:AAPL) has announced an amendment to its Articles of Incorporation to reflect a 7-for-1 stock split to bring a total issuance to 12.6 billion shares.
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This past week at WWDC, Apple said that a new feature has been added to Safari that will let you scan a credit card using the on-board camera. Rather than typing in the information manually, an option will pop up that says “Scan Credit Card.”
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Although Apple Inc. (NASDAQ:AAPL) announced several products at the Worldwide Developers Conference this year, it did not bring up the rumored iWatch. However, Japanese media company Nikkei reports that an iWatch is coming in October.