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Last year, the European Union ordered Apple to pay up to $14.5 billion for illegal tax benefits in Ireland. The company smelled something fishy when Commissioner Margrethe Vestager started the investigation in 2014, as the International Consortium of Investigative Journalists revealed in the Paradise Papers. Apple has relocated its tax residency to the tiny island of Jersey after the beginning… Read More
Source: Tech Crunch
Having issues with Comcast this morning? You’re very much not alone. Right around 10 am Pacific, we started seeing reports from both coasts that the Internet had suddenly slowed to a halt. Certain sites would load just fine, but the vast majority (from Reddit to Facebook to TechCrunch) simply timed out. A bit more digging suggested that many people reporting issues were on… Read More
Source: Tech Crunch
Broadcom confirmed this morning that it would offer to acquire Qualcomm in one of the largest tech deals of all time, and one that would consolidate two storied semiconductor companies into a single unit as the chip world has begun a course shift in the past year. But it’s as much a story of a potential consolidation of fabless semiconductor giants as it is one of the performances of… Read More
Source: Tech Crunch
The iPhone X is already showing strong consumer adoption, according to a new report from Localytics out today, despite the fact that long shipping delays for pre-orders mean many customers have yet to receive their devices. That said, iPhone X managed to grab 0.93 percent of the overall market share for iPhones after the first weekend of sales, the firm found. To be clear, this data… Read More
Source: Tech Crunch
Bootstrapping Barcelona-based visual commerce startup Photoslurp has taken its first external funding: Announcing €750,000 (~$870k) in pre-Series A financing, led by Spanish VC Inveready Technology Investment Group, with participation from Bankinter VC, Caixa Capital Risc and ICF. Read More
Source: Tech Crunch
Millions of dollars are at stake in a legal battle between Ron Conway and his former SV Angel partner David Lee, according to a suit filed last week in Marin County Superior Court and first reported by Axios. Lee filed the complaint claiming Conway has not paid him in previously promised fees and agreed upon shares in investments in companies such as Airbnb, Pinterest and Snapchat. Lee was… Read More
Source: Tech Crunch
Some people are griping about Face ID, noting that sometimes their siblings can open their iPhone Xs using Face ID. There’s a simple reason for this. When your sibling who kind of looks like you unsuccessfully tries to unlock your phone using their face and then you enter your password, you’re accidentally training Face ID on your sibling’s face. Therefore, if that same… Read More
Source: Tech Crunch
When it comes to virtual reality, we’re in a classic tech-industry moment: lots of chatter but seemingly little movement. We hear future-focused cheerleading from all corners about VR’s incredible potential, yet the 6.3 million headsets shipped last year is hardly cause for a ticker-tape parade. So what’s holding back VR? Read More
Source: Tech Crunch
How’s this for a press release headline? “Saga: the e-reader that changes the game of digital reading.” Compelling, right? within the first two sentences, Bookeen calls its new reader “disruptive” and “a whole new reading experience and adventure.” I could go on, of course, but the it’s really just the same hyperbole all the way down.
It… Read More
Source: Tech Crunch
How do you know that Hillary Clinton exists? I’m serious; or, at least, I’m making a point. Bear with me. Think about it. You don’t know her personally, after all. You’ve never met her. You’ve maybe been in the same room as a woman who was introduced to you as her – but probably not. So how do you know there truly is a real person named Hillary Clinton… Read More
Source: Tech Crunch