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Highlights

A collection of news and information related to Tim Cook published by this site and its partners.

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    May 24, 2013 |Story| Los Angeles Times

  1. Letters: Apple's taxes

    <a href="http://www.latimes.com/business/la-fi-apple-cook-hearing-20130522%2C0%2C1976484.story">Re "Apple execs grilled over tax strategy," Business, May 22</a>
    Re "Apple execs grilled over tax strategy," Business, May 22 Unbelievable, stunning, incredible that members of Congress have the audacity to bring the chief executive of one of the most successful companies this country has ever seen to grill him on...

    Tags: Apple Inc., Republic of Ireland, Organized Crime

    2. May 23, 2013 |Story| Los Angeles Times

  2. Letters: Apple, meet the tax man

    Re "Apple's U.S. tax shelters faulted," May 21 French novelist Honoré de Balzac once wrote, "The secret of a great success for which you are at a loss to account is a crime that has never been found out, because it was properly executed." That statement...

    Tags: Crime, Law and Justice, Apple Inc.

    3. May 22, 2013 |Story| Los Angeles Times Exclusive

  3. Apple slips billions through loopholes of U.S. tax laws

    Apple, America&rsquo;s richest, most innovative consumer technology company, is also the most creative in hiding billions of dollars in profits from the taxman, according to congressional investigators. But on Tuesday in testimony before the Senate Permanent Subcommittee on Investigations, Apple CEO Tim Cook pointed out that his company&rsquo;s creative tax sheltering, far from being illegal, is made possible by the loophole-ridden tax laws of the United States.&nbsp;
    Apple, America’s richest, most innovative consumer technology company, is also the most creative in hiding billions of dollars in profits from the taxman, according to congressional investigators. But on Tuesday in testimony before the Senate...

    Tags: Politics, Internal Revenue Service, Crime, Law and Justice, U.S. Congress, Rand Paul

    4. May 23, 2013 |Story| Los Angeles Times

  4. Initial jobless claims drop to 340,000 after one-week spike

    WASHINGTON -- Initial unemployment claims dropped back to a level indicating moderate job growth last week after a spike the previous week raised alarms about the labor market recovery.
    WASHINGTON -- Initial unemployment claims dropped back to a level indicating moderate job growth last week after a spike the previous week raised alarms about the labor market recovery. The number of people filing for unemployment benefits for the first...

    Tags: Verizon Communications, Unemployment, Employment Opportunities, Unemployment Benefits, Ben Bernanke

    5. May 22, 2013 |Story| Los Angeles Times

  5. Want to feel as if you own Google Glass? Just talk to Apple's Siri

    Google Glass isn't likely to be released to the general public until next year, but eager users can start practicing how to control it with Apple's Siri voice assistant.&nbsp;
    Google Glass isn't likely to be released to the general public until next year, but eager users can start practicing how to control it with Apple's Siri voice assistant.  When users want to control Google Glass, they have to first tap on the device...

    Tags: Apple iPod, Apple iPad, Music, Computer Hardware, Apple iPhone

    6. May 22, 2013 |Story| Los Angeles Times

  6. Apple CEO Tim Cook says a line of Macs will be built in Texas

    Apple Chief Executive Tim Cook disclosed during a Senate hearing Tuesday that the tech giant will invest more than $100 million to build a factory in the Lone Star State, where it will assemble a line of Mac computers.
    Apple Chief Executive Tim Cook disclosed during a Senate hearing Tuesday that the tech giant will invest more than $100 million to build a factory in the Lone Star State, where it will assemble a line of Mac computers. “The product will be...

    Tags: Politics, Computing and Information Technology Industry, U.S. Congress, U.S. Senate, Media Industry

    7. May 22, 2013 |Story| Los Angeles Times

  7. Taxes, schmaxes: Congress wants you to know it loves Apple

    You could be forgiven for thinking that the big hearing before the&nbsp;<span><a id="ORGOV0000134" class="taxInlineTagLink" title="U.S. Senate" href="http://www.latimes.com/topic/politics/government/u.s.-senate-ORGOV0000134.topic">U.S. Senate</a>&rsquo;s&nbsp;</span><a href="http://www.hsgac.senate.gov/subcommittees/investigations/hearings/offshore-profit-shifting-and-the-us-tax-code_-part-2">Permanent Subcommittee on Investigations</a>&nbsp;this week was a chance for lawmakers to grill Apple about some of its controversial tax practices. And yes, there was some of that.
    You could be forgiven for thinking that the big hearing before the U.S. Senate’s Permanent Subcommittee on Investigations this week was a chance for lawmakers to grill Apple about some of its controversial tax practices. And yes, there was some of...

    Tags: Apple iPad, U.S. Congress, U.S. Senate, Computer Hardware, Claire McCaskill

    8. May 21, 2013 |Story| Los Angeles Times

  8. Facebook faces copyright infringement lawsuit over Eminem song

    A music publisher is suing Facebook and its ad agency for using an Eminem song without permission in an ad for Facebook Home.
    A music publisher is suing Facebook and its ad agency for using an Eminem song without permission in an ad for Facebook Home. Eight Mile Style, which oversees Eminem’s portfolio, said in the copyright infringement lawsuit that ad agency Wieden +...

    Tags: Apple iPod, Music Industry, Music, Laws, Eminem

    9. May 21, 2013 |Story| Los Angeles Times

  9. Apple's tax dodge is so genius there should be an app for that

    If Apple execs are so adept at avoiding taxes, shouldn't they at least offer an app so the rest of us can get in on the deal?
    If Apple execs are so adept at avoiding taxes, shouldn't they at least offer an app so the rest of us can get in on the deal? Apple CEO Tim Cook, in an appearance before the U.S. Senate's Permanent Subcommittee on Investigations,  testified today that...

    Tags: Crime, Law and Justice, U.S. Senate

    10. May 21, 2013 |Story| Los Angeles Times

  10. Apple CEO Tim Cook strongly defends tax policy at Senate hearing

    <iframe id="spreecast-player" type="text/html" width="600" height="470" src="http://www.spreecast.com/events/apples-taxing-situation/embed-medium" frameborder="0"></iframe>
      WASHINGTON — Apple Inc. Chief Executive Tim Cook strongly defended the company's tax practices Tuesday at a Senate hearing highlighting the technology giant's use of Irish subsidiaries to shelter billions of dollars in income from U.S. taxes....

    Tags: Judges, Politics, Apple iPad, Rand Paul, John McCain

    11. May 21, 2013 |Story| Los Angeles Times

  11. Five things at stake for Apple at Senate tax hearing

    Apple hardly seems the invincible name it was just one year ago. Faced with slower growth, a badly bruised stock price and questions about its innovation leadership, the company has plenty of fights on its hand.&nbsp;
    Apple hardly seems the invincible name it was just one year ago. Faced with slower growth, a badly bruised stock price and questions about its innovation leadership, the company has plenty of fights on its hand.  And now it has a new foe attempting to...

    Tags: Politics, U.S. Congress, John T. Chambers, Companies and Corporations, Economy, Business and Finance

    12. May 21, 2013 |Story| Los Angeles Times

  12. Apple CEO Tim Cook to senators: 'We don't depend on tax gimmicks' [video chat]

    <iframe id="spreecast-player" type="text/html" width="600" height="470" src="http://www.spreecast.com/events/apples-taxing-situation/embed-medium" frameborder="0"></iframe>
    WASHINGTON -- Apple CEO Tim Cook defended the company's tax avoidance strategies in an appearance Tuesday before the U.S. Senate’s Permanent Subcommittee on Investigations.  Wearing a business suit, white shirt and powder blue tie, Cook read an...

    Tags: Politics, U.S. Congress, U.S. Senate, John F. Kennedy, Claire McCaskill

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