The European Union has launched a fresh crackdown over taxes paid by tech giants Amazon and Apple.

Europe has opened a new battlefront in its war against big U.S. tech, announcing draft rules that could force YouTube and others to pay more money to the music industry.

Apple may finally be bringing some of its enormous offshore cash pile back home.

Apple chief executive Tim Cook says the European Commission ruling that Apple should pay billions of euros in back taxes to the Republic of Ireland is "maddening" and "political".

International condemnation was swift.

The French government has called on former European Commission chief Jose Manuel Barroso not to take a job with Goldman Sachs, Reuters reported. Some EU politicians are demanding Barroso be sanctioned for accepting the new position.