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Here s what s on the Wednesday menu.

Apple-Europe tax ruling aftermath:

  • Some Silicon Valley reaction: This could be a serious problem for the tech industry.
  • Here s Bloomberg about how it could mean the end of sweet European tax deals.
  • And Apple tells investors it plans to win its appeal, and that the ruling won t have a near-term effect on the company s finances.

Alphabet s Nest is going back under the Google umbrella and will become part of an effort to create an Internet of Things platform, Fortune reports.

Facebook to launch satellite this week to bring internet access to rural parts of Africa.

Translation mishap: Last week, Microsoft s Bing translated Daesh, the Arabic word for ISIS, to Saudi Arabia. Microsoft fixed the mistake immediately, it said.

Dropbox hack: 68 million user email addresses and passwords leaked online from 2012 hack. Motherboard reports that although Dropbox has reset passwords, this is the first time the extent of the hack has been known.

Elon Musk s SpaceX will launch a previously used rocket for the first time later this year.

 

Photo: Nest Labs offices in Palo Alto. (Nhat V. Meyer/Bay Area News Group)

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