Europe
Amazon Announces Prime Price Increases of Up to 43% Per Year in Europe
Amazon is planning price hikes of up to 43% per year for Prime subscriptions in Europe as the eCommerce giant grapples with rising costs across the board — reports Reuters. The news comes after Amazon increased the price of Prime in the U.S. back in February. In Canada, Amazon raised Prime subscription fees by 25%...
France and Germany to Address Tax Loopholes Exploited by Apple
U.S. tech giants have long been criticized for turning to tax dodging schemes, but these tactics might come to an end later this year if a new approach that France and Germany are working on is being adopted by all members of the European Union. Specifically, the two countries are seeking what they describe as...
Apple’s European Suppliers’ Share Prices Dip After Missed iPhone Sales Expectations
Share prices of European suppliers of microchips, sensors and circuitry to Apple drifted lower Wednesday as investors stepped back from a global market rally after disappointing earnings from Apple put investors in a cautious mood. According to a new report from Reuters, shares in several Apple suppliers fell after the smartphone giant reported a surprise dip...
Apple’s Historic Investments in Denmark to Also Fund Biogas R&D
Apple's plan to build data centres in Denmark and Ireland has been public since last year. While the investment in Ireland continues to face various roadblocks, things seem to be smoother in Denmark: Apple has just followed up on its promise by inking a new partnership, reports local newspaper CPH Post (via 9to5Mac). Apple will...
Apple Joins Global Renewable Energy Initiative RE100, Outlines New Clean Energy Plans
On Monday, as a part of continued eco-friendly efforts, Apple announced that it has joined RE100, which is a global initiative of leading companies committed to boosting demand and delivering 100 percent renewable energy. Apple VP of Environment, Policy and Social Initiatives Lisa Jackson announced the company's membership to RE100 during an address at the...
Apple In Talks with Banks to Rapidly Expand Apple Pay in Asia And Europe
Apple is working to bring Apple Pay to more markets in Asia and Europe, Jennifer Bailey, VP of Apple Pay said in an interview with TechCrunch. “We’re working rapidly in Asia and also in Europe, our goal is to have Apple Pay in every significant market Apple is in,” Bailey told us. “We have announced...
Apple, Google and Others to Attend EU Parliament Hearing on Tuesday to Discuss Taxes
Apple, Google, McDonald's, and IKEA will be in Brussels on Tuesday to discuss their tax deals in Europe, reports Reuters. The hearing will be hosted by the European Parliament’s tax committee. However, lawmakers do not have the power to order any changes. The meeting should raise some important questions about each company’s compliance with EU...
Apple Warns Investors of Financial Penalties in European Tax Probe
For the first time, Apple has disclosed the potential consequences of the European Commission’s ongoing investigation into its tax deals with Ireland, warning investors that it could face “material” financial penalties from the tax probe, The Financial Times reports. The Cupertino giant issued the warning in its 10-Q filing to the Securities and Exchange Commission, a day after...
Apple Under Scrutiny by European Commission Over Streaming Music Plans
According to a new report by The Financial Times, sources familiar with the matter are claiming that European Commission is scrutinising Apple’s dealings with record labels, amid "an intensifying battle" over the future of free, ad-supported music streaming services. The sources also suggest that several labels and digital music companies have already been contacted by the European regulators...
Apple Raises Developer Program Costs in Some European Countries
According to German blog Apfelpage, Apple has made a few price adjustments to its products and services in a number of European countries. The changes lead to an increase in the yearly fee for the company’s developer program. German developers must now pay €99 ($119) per year, which is up from €80 ($96), to remain...
App Store Has Created 497,000 Jobs in Europe, Claims Apple
Following Apple's US efforts that remind customers and shareholders that the company has created or supported almost 600,000 jobs for the US worker – from engineers to the delivery guy – the company is highlighting similar European figures on its European websites. Throughout our history, we have created entirely new products — and entirely new...