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WASHINGTON/SAN FRANCISCO (Reuters) - Using an unusual global tax structure, Apple Inc has kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a Senate report on the company's offshore tax structure said on Monday. Full Story


Vodafone keeps Verizon payout to make up for European slump
LONDON (Reuters) - Vodafone will reinvest a $3.2 billion dividend from its healthy U.S. arm to counter weakness in southern Europe that contributed to the largest ever quarterly fall in the group's main revenue measure. Full Story

Yahoo buying Tumblr for $1.1 billion, vows not to screw it up
SAN FRANCISCO/NEW YORK (Reuters) - Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. Full Story

Dish's Ergen eyes LightSquared spectrum
(Reuters) - Charlie Ergen, the chairman of U.S. satellite company Dish Network Corp <DISH.O>, has offered to buy bankrupt broadband company LightSquared Inc's wireless airwaves, a source close to Ergen told Reuters. Full Story

Apple to argue for tax reform, defend tax practices on Tuesday
SAN FRANCISCO (Reuters) - Apple Inc will argue for a comprehensive corporate tax reform that will levy a "reasonable tax" on foreign earnings and is not dependent on a company's revenue when it goes before a Senate panel on Tuesday to explain its offshore tax practices. Full Story

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