Apple is accused of hiding more than 1 billion euros ($1.34 billion) from Italy's taxman, which may lead to civil or even criminal sanctions against the technology giant.
First reported by Italian media, and confirmed to Reuters citing a judicial source with knowledge of the situation, an investigation into the company's tax affairs is "under way."
No details were given by the source, however.
Italy's tax laws are known to be aggressive, particularly in recent months and years, following a series of multinational corporations accused of avoiding or evading paying tax in the country. … Read more
3D laser scanners have been used to map everything from mine shafts to old homes, but an Australian team has created the first interior map of Italy's famous Leaning Tower of Pisa using a handheld scanner.
The device enabled the group to produce a detailed 3D map of the 14th-century icon, despite the tower's complex architecture and cramped stairs. … Read more
Saying a Ferrari is special is like saying that chocolate is "nice" or that Germans are "efficient." That's a given. Of course a Ferrari is special; it's a car that comes from more precious lineage than the Thai royal family.
Each car is polished to within an inch of its life; Ferrari's engines are tuned to noisy perfection then thrashed to the ragged edge around Maranello's test track. They're more than merely "special" -- they're the epitome of a supercar. Every inch of them screams "I'M … Read more
Leaked from today's 404 episode:
- Apple banned from selling some iPhones and iPads after Samsung patent win.
- Aunt Jill on LinkedIn: What I Learned in Italy (or, Economies in Perspective).
- Venice floods put more than half of city underwater.
- GameStop to recall 8GB Wii U Basic -- but why?
- Forget what you know, next-gen consoles change everything.
- The Last of Us is now the best reason to own a PS3.
Vevo has launched today in Spain, Italy and France, bringing the expansion of the online music service to 10 countries.
The free entertainment platform first appeared in the United States in 2009. Other markets where Vevo is available include the U.K., Australia, New Zealand, and Brazil.
Today's launch means consumers in the new European markets will be able to access over 50,000 tracks and 4,500 music videos currently hosted on the platform.
Apple has pulled its AppleCare warranty product from store shelves in Italy following scrutiny over the company's compliance with local consumer protection laws.
Reuters reports that Apple last week removed the product from its retail stores, and stopped providing it to its own resellers in the country. Nonetheless, the product can still be purchased from Apple's online store in the country, with mention that the paid plan adds "benefits" to the two years local buyers get under the Consumer Code.
Times are tough economically in Europe and rates of youth unemployment are crazy-high. Sounds like the perfect conditions for an epic Italian flash mob, Gangnam Style.
You wouldn't know the continental economy has been on the brink of catastrophe for some time now by the way thousands of mostly young folks emulated the now renowned style that mocks life in an affluent Korean suburb.… Read more
The story, reported here by Reuters centers around a provision of Italian law that guarantees customers free two-year warranties on electronic products.
Italy's AGCM competition and market authority has already imposed fines of 900,000 euros on divisions of Apple, which offers a paid technical support service, for failing to tell customers about their rights to free assistance.
But months after the previous fine, Apple has failed to comply with the antitrust request, the watchdog said. The company offers a free one-year guarantee scheme, which can be extended to two years on payment of a fee.
The AGCM said … Read more
Apple today lost part of its appeal in Italy involving the sale and promotion of its AppleCare service in the country.
In December, Apple was hit with a 900,000 Euros ($1.2 million) fine for allegedly encouraging customers to purchase AppleCare, its technical support and extended warranty service. Under Italian law, the country requires companies to offer two years of technical support to product buyers, which is the same … Read more