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Apple’s worst iPhone will be killed off next week, rumors suggest - The iPhone 7 will come with a familiar design, early reports said, and we immediately started wondering whether the 16GB storage tier will be kept in place for the cheapest new iPhone. As we moved closer to the iPhone 7’s actual launch, more and more reports started offering alleged evidence that the 16GB iPhone is going away. Reports from multiple sources indicated that Apple would double memory across the board, replacing the 16GB/64GB/128GB storage setup it used for the iPhone 6 and iPhone 6s with a 32GB/128GB/256GB lineup. A new leak indicates that the 32GB iPhone 7 is indeed real, and that’s good news to any iPhone fan looking to buy the cheapest iPhone 7 Apple will sell starting next week. DON’T MISS: The worst thing about yesterday’s big iPhone 7 specs leak Mysterious Twitter user @the_malignant , who keeps leaking details about the iPhone and other mobile devices, posted an image that supposedly shows the packaging of a prototype iPhone 7. https://twitter.com/the_malignant/status/770499862962049025 The packaging has a bunch of markings that indicate this is an accurate iPhone 7 prototype. We have Foxconn branding and a number for the prototype – whoever used unit 1902 of 3000 will be in serious trouble. Furthermore, a “D10” codename can also be easily seen in the image, and is consistent with previous reports. But we’re excited about that 32G on the label that indicates we’re looking at a unit with 32GB of storage. This can only be the entry-level iPhone 7 (or iPhone 7 Plus), which will have the minimum amount of storage. The same Twitter user also leaked purported prices for the 32GB, 128GB and 256GB iPhone 7 and iPhone 7 Plus models, as seen below. With just over a week to go until Apple finally launches the most anticipated smartphone of the year, these leaks certainly seem to put our minds at ease when it comes to iPhone 7 storage. https://twitter.com/the_malignant/status/770510331898654720 https://twitter.com/the_malignant/status/770510510114635776 Tue, 30 Aug 2016 18:05:10 -0400
Factbox: EU crackdown on multinational tax deals - The European Commission on Tuesday ordered Ireland to reclaim up to 13 billion euros ($14.5 billion) in taxes from U.S. technology giant Apple. Below is a list of previous cases in which the EU has ruled against tax deals for large corporations. Completed Investigations: STARBUCKS, The Netherlands In October 2015, the Commission ordered the Netherlands to recover 20 million to 30 million euros in back taxes from U.S. coffee shop chain Starbucks. Tue, 30 Aug 2016 17:55:31 -0400
EU tax avoidance action could hurt foreign investment: U.S. Treasury - The actions of European regulators could hurt foreign investment, the U.S. Treasury said on Tuesday after the European Commission ruled Apple must pay up to 13 billion euros ($14.5 billion) in taxes plus interest to the Irish government. "The Commission's actions could threaten to undermine foreign investment, the business climate in Europe, and the important spirit of economic partnership between the U.S. and the EU," a Treasury spokesperson said on Tuesday. Tue, 30 Aug 2016 17:55:31 -0400


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