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2013-05-21

Apple 'among largest tax avoiders in US'

Apple has been accused of being "among America's largest tax avoiders" by a Senate committee.

The committee said Apple had used "a complex web of offshore entities" to avoid paying billions of dollars in US income taxes.
5/21/2013

2013-04-24

Apple profits fall for first time in a decade

 Apple said it sold 37.4 million iPhones and 19.5 million iPads worldwide in the three-month period.

Computer and smartphone maker Apple has reported its first quarterly drop in profits in a decade, but said it will raise dividends for shareholders.

It made a net profit of $9.5bn (£6.2bn) in the January to March quarter, down from $11.6bn last year.

But the results were better than many had expected, as strong iPhone and iPad sales boosted revenues to $43.6bn.
4/24/2013

2013-04-18

Twitter launches #Music service with artist recommendations

Songs can be played directly within the app
Twitter has unveiled a new music app which will recommend tracks based on who you follow on the social network.

Songs can be played directly in the app via services such as Rdio, Spotify and iTunes.

The software displays songs your friends are currently listening to - as well as suggestions from artists.

It follows moves by other social networks such as Facebook to incorporate music recommendations into their services.

Last year, Spotify announced its own "follow" system, but the functionality is yet to be rolled out to users on mobile.

Twitter's app - called #Music - is expected to be made available to download for Apple's iPhone shortly.
4/18/2013