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Tim Cook Explains Apple’s Tax Position To Senate

Tim Cook Explains Apple's Tax Position To Senate

Apple Chief Executive Officer Timothy Cook defends the company's tax record at a Senate hearing where lawmakers say the maker of iPads, iPods and Mac computers avoid paying U.S. taxes by keeping billions of dollars in profits in Irish subsidiaries.
Microsoft Unveils Xbox One

Microsoft Unveils Xbox One

Microsoft gave the world the first look at its new games console on Tuesday (May 21), hoping the newly named Xbox One will build on a solid core of gamer fans and become a hub for living room entertainment.