This week’s Apple headlines were mostly dominated by the company’s tax spat with the EU. In one corner, Apple and the Irish government, in the other, the European Commission and its staunch belief that any arrangement the two had was unfair. We also found out about a surprise new iPhone 12 accessory, and some of the new initiatives Apple is undertaking to give back to the community. Here’s all the Apple news you should have read this week.
Apple announced this week that it was committing $400 million to build affordable housing in the Bay Area, delivering on an earlier promise. Apple also announced a new initiative to expand its support for Historically Black Colleges and Universities, boosting opportunities to learn coding.
In something of a shock, the EU’s second-highest court overturned a $14.9 billion tax bill the EU Commission says Apple owes Ireland, a ruling both parties appealed. It is unclear how the story will play out from here.
Apple’s $14.9 billion tax bill overturned by EU court