Italian Judge Agrees to $50K Settlement for Apple Exec in Irish Tax Probe

An Italian judge has accepted a nearly $50,000 settlement agreement with the head of Apple's Irish-based unit as part of a probe into allegations that the company failed to pay taxes in Italy (via Reuters). A six-month jail sentence for the Apple executive has been converted into the payment of a 45,000 euro ($49,126) fine as part of the settlement agreement, according to Reuters' source. The original investigations were completed in March 2015 and accused Apple of booking profits generated in I...