Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. taxes through Irish subsidiaries and told lawmakers that his company backs corporate tax reform, even though it may end up paying more. Full Article
Nokia unveils 2 new cellphone models, priced at $62
HELSINKI (Reuters) - Struggling Finnish cellphone maker Nokia (NOK1V.HE) unveiled on Monday two new cellphone models, the Asha 205 and the Asha 206, pricing both models at around $62, excluding subsidies and taxes.
Both models will go on sale this quarter.
Nokia unveiled a new Slam feature which allows consumers to share multimedia content like photos and videos with nearby friends almost instantly through Bluetooth connection. (Reporting By Tarmo Virki)
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