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Apple to pay $30 billion tax bill on overseas cash, look into second campus site

Apple is about to pay a fairly huge tax bill of $38 billion on its overseas cash. The company said it will make about $38 billion in tax payments on its overseas cash and plans to open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan. Apple has also said […]

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Announcement Apps Business Mobile Services Social Software

WhatsApp finally gets its buyout netting a cool $19 billion

Last Spring, rumors were in the air that Google might be buying up the messaging app WhatsApp, the iMessage-like online texting service, but the sale never happened. Honestly, I had forgotten that the Google acquisition didn’t happen, so I was really surprised when Facebook announced it was snapping it up. Yes, that number is correct, […]

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Rumor

Rumor: Apple Employees Apparently Ramping Up Overseas Trips for Tablet Project

Apple employees havee reportedly taking numerous trips to manufacturing plants in China, including some scheduled during the upcoming holiday season, as the company’s long-rumored tablet comes closer to reality. Citing an anonymous source, the Business Insider has stated that Apple engineers have been taking numerous trips between the U.S. and Asia recently to visit manufacturing […]