China’s newly revised anti-espionage law will have a scary impact on foreign firms doing business there, according to former chief convergence officer for British Telecom and author Jon Pelson. On April 26, the Chinese communist regime passed the new version of its anti-espionage law, which will take effect on July 1. The revision has expanded…
China’s Revised Anti-Spy Law ‘Frightening Prospect’ for Foreign Firms There: Expert
May 8, 2023
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China Ties Weigh on US Brands
Commentary The pressure is on for the biggest U.S. brands, including Apple, Nike, Adidas, and Disney. On May 2, two leading congressmen demanded that the fashion brands confirm that their supply chains are untainted by slave labor in China. Sourcing from forced labor in the country’s Xinjiang region, where a genocide is underway, is now…
Apple Posts Quarterly Revenue Decline; iPhone Sales Solid
Apple once again posted an, until now, rare revenue decline in its latest fiscal quarter, but said its overall business improved from the December quarter and sales of its iPhones were solid. The results reported Thursday were better than Wall Street’s muted expectations and Apple’s stock rose in after-hours trading. The latest numbers come after…
Apple, Google Team up to Create ‘Alerts’ for Spying and Location Tracking
Apple and Google on Tuesday proposed creating alerts amid reports of stalking via Apple’s AirTag and similar tools, according to a release issued Tuesday. The new proposed industry standard will allow the Big Tech companies to “allow Bluetooth location-tracking devices to be compatible with unauthorized tracking detection and alerts across iOS and Android platform,” the…
Millions of iPhone Users Get ‘Rapid’ Security Update
Apple on Monday released its first series of “rapid security” patches targeting security vulnerabilities that are being actively exploited for iPhones, iPads, and Mac computers. According to a notice posted on Monday, the tech giant said the Rapid Security Response updates will “deliver important security improvements between software updates.” And the firm said, “They may also…
Driver Involved in Fatal Apple Store Crash Pleads Not Guilty
April 24, 2023
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BROCKTON, Mass.—The driver of an SUV that crashed into a Massachusetts Apple store, killing one man and injuring nearly two dozen other people, was traveling as fast as 60 miles per hour (96 kilometers per hour) in the seconds before the crash and did not apply his brakes as he had told investigators, a prosecutor…
Michael Taube: Why Canada Will Join a Rogues’ List If Bill C-18 Passes
Commentary The long-anticipated showdown between Canada and Google on Bill C-18 is nigh. When the imaginary pistols are drawn, and the invisible bullets are fired, the reputation of this country could be shattered beyond reproach. Bill C-18, or an Act respecting online communications platforms that make news content available to persons in Canada, was first…
Apple’s Hometown City Braces for 73 Percent Drop in Tax Revenue Amid State Audit
The city of Cupertino in California—Apple Inc.’s hometown—is looking for ways to cope with financial challenges in anticipation of upcoming “significant revenue shortfalls,” according to city officials, after its special tax agreement with the tech giant reportedly came under scrutiny by state regulators. During an April 13 city council meeting, city staff projected a 73…
iPhone Security Alert: Here’s Why You Should Always Use Face ID in Public
Following a recent report highlighting how scammers can use Apple’s recovery key security feature to lock out iPhone users from their Apple account, Apple released a statement in response. An article published this week from the Wall Street Journal cited multiple instances of thieves being able to lock out iPhone owners’ from their accounts. Scammers stole…
Goldman Sachs Eyes Potential ‘Cannibalization’ From Apple’s New Savings Account
Goldman Sachs CEO David Solomon said he’s not concerned about Apple’s new savings account overshadowing his bank’s own Marcus savings accounts, though he’s watching closely for “cannibalization.” Solomon made the remarks in a recent earnings call, during which he was asked about Apple’s newly-announced savings account, which offers an annual percentage yield (APY) of 4.15 percent…
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