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By Julia Fioretti BRUSSELS (Reuters) - The European Union has accused Ireland of giving Apple Inc. illegal state aid through tax arrangements that had "no scientific basis" but which helped the iPhone maker shelter tens of billions of dollars in international revenues from tax. In a letter written in June but published only on Tuesday, European Competition Commissioner Joaquin Almunia told the Dublin government that tax deals agreed in 1991 and 2007 appeared, in his preliminary view, to amount to state aid that broke EU laws and could be clawed back from the U.S. company. ... more...


By Paul Carsten BEIJING (Reuters) - The iPhone 6 will be sold in China from Oct 17, after rigorous regulator scrutiny led to Apple Inc reassuring the Chinese government that the smartphones did not have security "backdoors" through which U.S. agencies can access users' data. Apple won approval to sell the phones after also addressing risks of personal information leaks related to the operating system's diagnostic tools, China's Ministry of Industry and Information Technology (MIIT) said on its website on Tuesday. ... more...


(Reuters) - EBay Inc said it would spin off PayPal, its fast-growing payments unit, into a publicly traded company in the second half of 2015. "A thorough strategic review with our board shows that keeping eBay and PayPal together beyond 2015 clearly becomes less advantageous to each business strategically and competitively," eBay Chief Executive John Donahoe said in a statement. (Reporting by Supantha Mukherjee in Bangalore; Editing by Savio D'Souza) more...


By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc is planning new and revamped streaming-music services in coming weeks, searching for a way to stand out in an increasingly crowded field of rivals from Apple Inc and Amazon.com Inc to Spotify. Nailing music is one way for Google to raise chances of continued success as people spend more time on mobile devices. Google's YouTube service has become a low-profile titan in streaming through the popularity of music videos. Currently, videos must be chosen one track at a time. ... more...


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