10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Tech

Trump claims Tim Cook called him about EU fining Apple $17 billion


Tim Cook’s job as CEO covers a number of roles and responsibilities. One of them involves maintaining relationships with political powers. And according to Donald Trump, he and Cook recently had a conversation about the EU’s recent rulings against Apple.

Trump’s podcast appearance discussed economy and Cook relationship

Trump appeared on the latest episode of the PBD (Patrick Bet-David) podcast, which posted today on YouTube. (via The Verge)

In the wide-ranging conversation about various political issues, Bet-David and Trump get on the topic of the economy. During which Trump shares that he had just talked to Apple’s Tim Cook “two hours ago, three hours ago.”

The subject of the conversation was the EU’s recent rulings against Apple, and their hefty price tags.

Trump recalls Cook saying, “I’d like to talk to you about something. The European Union has just fined us $15 billion.”

Trump responds to Cook, “That’s a lot.” Then continues to the interviewer, Bet-David, “Then on top of that they got fined by the EU another $2 billion, so it’s a $17-18 billion fine…[Cook] said something that’s interesting. He said, ‘They’re using that to run their enterprise.’ Meaning Europe, their enterprise.”

Trump says he told Cook, “I’ve got to get elected first. But I’m not going to let them take advantage of our companies.”

Apple’s history with the EU and political powers

The EU fines Trump referenced involve a few different matters. The largest being the recent ruling on Apple’s Irish tax case which comes with a €13B price tag.

Separate fines relate to Apple’s role in “thwarting fair competition from music-streaming rivals”, and potential fines still on the way related to Apple’s DMA compliance.

It’s very possible Cook has had similar conversations with Kamala Harris, but that hasn’t been reported yet.

In any case, as we have seen during current and previous U.S. administrations, Cook has sought to represent Apple’s best interests with whoever is in power at any given time. Which I suppose is the nature of a modern CEO’s role at a company like Apple.

FTC: We use income earning auto affiliate links. More.



Source link

by Siliconluxembourg

Would-be entrepreneurs have an extra helping hand from Luxembourg’s Chamber of Commerce, which has published a new practical guide. ‘Developing your business: actions to take and mistakes to avoid’, was written to respond to  the needs and answer the common questions of entrepreneurs.  “Testimonials, practical tools, expert insights and presentations from key players in our ecosystem have been brought together to create a comprehensive toolkit that you can consult at any stage of your journey,” the introduction… Source link

by WIRED

B&H Photo is one of our favorite places to shop for camera gear. If you’re ever in New York, head to the store to check out the giant overhead conveyor belt system that brings your purchase from the upper floors to the registers downstairs (yes, seriously, here’s a video). Fortunately B&H Photo’s website is here for the rest of us with some good deals on photo gear we love. Save on the Latest Gear at B&H Photo B&H Photo has plenty of great deals, including Nikon’s brand-new Z6III full-frame… Source link

by Gizmodo

Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link