Apple has reached a deal with French authorities to pay an undeclared amount of back-dated tax, according to multiple reports today.
Apple’s French division confirmed the tax payment agreement to Reuters, but didn’t disclose how much it had agreed to pay, although French media suggest the sum is around 500 million euros ($571 million).
„As a multinational company, Apple is regularly audited by fiscal authorities around the world,“ Apple France said in a statement. „The French tax administration recently concluded a multi-year audit on the company’s French accounts, and those details will be published in our public [...]
Apple has purchased the rights to „Hala“ a coming of age drama directed by Minhal Baig and produced by Jada Pinkett Smith, reports Variety.
The movie premiered at the 2019 Sundance film festival, and marks Apple’s first purchase of the event. It’s not known if „Hala“ will debut on iTunes or if it will be shown in theaters.
„Hala“ follows the life of Hala, a 17 year old girl „navigating the conflicting worlds of her traditional Muslim household and her modern high school.“
„Hala is her father’s pride and joy. Dutiful and academically gifted, she skillfully navigates both her social life [...]
Google and watchmaker Fossil Group today jointly announced a $40 million deal that will see the search giant take ownership of a portion of Fossil’s smartwatch technology.
Fossil Sport smartwatch The deal, which is being described as „transactional“ and will see some of Fossil’s R&D division join Google, will lead to the launch of a „new product innovation that’s not yet hit the market,“ said Fossil VP and chief strategy officer Greg McKelvey.
Speaking to Wearable, McKelvey said the new product is based on technology that Fossil has been developing out of its $260 million Misfit acquisition in 2015. [...]
Apple has inked a deal for a 10 episode season for an as-of-yet untitled science fiction series from Simon Kinberg and David Weil, reports Deadline.
Simon Kinberg is known primarily for his work on the „X-Men“ series, as well as movies like „Mr. & Mrs. Smith,“ „Jumper,“ „Chappie,“ „The Fantastic Four,“ and „The Martian.“
Image via Deadline David Weil is known for „The Hunt,“ an upcoming TV show about a group of Nazi hunters in the 1970s.
Kinberg, Weil, and Genre Films President of TV Audrey Chon will serve as executive producers on the show, which is said to be a large [...]