gatorguy
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Apple may have to give up $14B escrow account to satisfy EU court on Tuesday
holycow said:This case has dragged on forever! If the EU rules against Apple and Ireland, Apple might finally have to pay up the $14.5 billion it’s been holding in escrow. But, with all the back-and-forth legal stuff, it might be years before we see a final resolution. -
J.D. Vance shouldn't open his mouth about Apple if he doesn't have a clue
It's a sad reflection on the fear-mongering negativity one side is using. Personally, I'm a huge fan of lifting us all up instead.
Above all: Don't believe whatever comes out of the mouth of a selfishly-guided politician just because he said it. Most are all too happy to promote half-truths, mostly lie, or outright lie in order to "win". I'm sorry, but it is no win for us to be misled, and only find out what we were buying after he's already in office; telling us what we can and can't do without being asked again. They don't care if we agreed. They will be the ones in the power chair and will tell us, dictator style, not ask. -
A unique attack could steal your passwords from Apple Vision Pro
mknelson said:The method makes sense, but where is Gazepoit running? Is it on your Vision Pro (and shouldn't privacy settings limit access to the avatar?) or is it running on another device you are communicating with?
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iPhone 16 has a new Camera Control button -- Here's everything it can do
appleinsideruser said:gatorguy said:tht said:A light press is a touch and hold without clicking?
By click, I take that to mean a mechanical flexture type click. And it really is feeling the click and release.
Is click and hold a thing?
Yes, I have not watched any of the press event material. Too busy. -
Apple must pay EU $14 billion over Ireland tax arrangement
mongobongo said:carnegie said:I suppose the U.S. government could again try to get involved, filing a complaint of some sort, since that's where the money that Ireland will collect will ultimately effectively be coming from.
Be that as it may, the way Apple devised this, the money in that escrow account never belonged to Apple the US corporation. It was wholly under the control of Apple Sales International, a distinct corporation unto itself, not formed under the laws of the United States and beyond US control. Even if much of the profit from Apple's overseas operations may have been parked in US banks, it was still owned by a foreign company. That's why the scheme was so good.
So the escrow account isn't Apple US money anyway, at least as Apple planned it.
By the way, Google is generally credited with figuring out the tax avoidance scheme. Bad Google. Apple grabbed the basic idea, refined it, added their unique twist, worldwide profit shifting, and a friendly government, and, Voilà, it was nearly perfected before the EU Commission stepped in.