Tuesday May 22, 2018
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Apple Shutting Down Acquired Texture Magazine App Next Month

Apple to kill 'Texture' Windows app

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The Windows “Texture” application — a digital magazine service — that Apple purchased in March, in an attempt to get in on an uncluttered media provider niche, is being killed by the iPhone maker.

“‘Texture’ is an all-access pass to the world’s best magazines. To keep things working smoothly, older versions of the app sometimes need to be retired. After June 30, 2018, the ‘Texture’ Windows app will no longer be available,” the company posted on its website.

The digital magazines’s Android, Amazon Fire, and iOS apps will continue to be supported.

“Your Texture subscription will continue to be available on compatible phones or tablets running iOS or Android and on Fire HD tablets along with ongoing access to all the magazines you have selected as your favourites,” the company added.

Users were informed of the discontinuation this week through emails and a note inside the app, according to The Verge.

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“Texture” is not available on the web, so subscribers on Windows OS will have to pick up another device running either Android or iOS platforms to continue using the services.

The iPhone maker acquired “Texture”, also known as the “Netflix of magazines”, for an undisclosed amount.

The digital magazine subscription service lets readers access over 200 magazines for a monthly fee. (IANS)

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Out of Total Tax Fine of $15 billion, Apple Pays $1.77 billion to Irish Government

In August 2016, the European Commission said that Apple benefited from illegal tax benefits in Ireland from 2003 to 2014.

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Apple pays $1.77 billion of total $ 15 billion fine. Pixabay

Apple has paid $1.77 billion of total $15 billion to the Irish government as it begins to collect tax and interest into an escrow account set up to hold the sum.

“This is the first of a series of payments with the expectation that the remaining tranches will flow into the fund during the second and third quarter of 2018 as previously outlined,” the Irirsh Times quoted Minister for Finance Paschal Donohoe as saying after the first transfer.

In August 2016, the European Commission said that Apple benefited from illegal tax benefits in Ireland from 2003 to 2014.

Meanwhile, Apple and Ireland are still pursuing appeals against a 2016 European Commission’s decision saying the iPhone maker’s tax treatment was in line with Irish and European Union law.

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Apple pays fine to Ireland Government. Wikimedia commons

In 2016, the EU ordered the iPhone maker to pay almost $15 billion in back taxes to Ireland as it believed Ireland had not been collecting enough taxes and instead had been giving companies like Apple too big of a break on its already low 12.5 per cent tax rate.

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Apple has reportedly moved its cash to the small island of Jersey off the south coast of England to avoid further Irish taxation, CNET said in a report.

The Irish government expects that all of the money would be transferred by the end of September. (IANS)

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