Wednesday, April 24, 2019

Tag: Apple

Apple in line of fire if trade wars start

Trump's decision to scrap Trans-Pacific Partnership is a lost opportunity for tech. There aren’t many politicians in the US right now who are prepared to shed public tears over abandoned trade deals. So when president-elect Donald Trump declared this week that the US, under his administration, would drop its support for...

Why a forgotten 1930s critique of capitalism is back in fashion

Seventy years ago the thinkers and writers of the Frankfurt School warned of capitalism's drift towards a cultural apocalypse. Has it already happened, but we’ve been too uncritical to notice? In Jonathan Franzen’s 2001 novel The Corrections, Chip Lambert liquidates his library. He sells off his collection of Frankfurt School...

Paying Taxes Is a Lot Better Than Phony Corporate Courage, Apple

Every fall the internet and its resident tech mumblers congregate for The Apple Event, a quasi-pagan streaming-video rite in which Tim Cook boasts of just how much money his company is making (a lot) and just how much good it’s introducing to the world (this typically involves a new...

This malware sold to governments could help them spy on iPhones, researchers say

Many people assume their iPhones are secure, but new research sent Apple scrambling to fix vulnerabilities that left users at risk. Spyware relying on three previously unknown, or “zero-day,” flaws in Apple’s iOS mobile operating system for years made it possible for governments to take over victims' phones by tricking them into...

The Million Dollar Dissident: NSO Group’s iPhone Zero-Days used against a UAE Human Rights...

Today Apple released security updates for Desktop Safari and Mac OS X. These updates patch the Trident vulnerabilities that identified in this report for desktop users. The Trident vulnerabilities used by NSO could have been weaponized against users of non iOS devices, including OSX. We encourage all Apple users to install...

Mystery Buyer Revealed: Swiss National Bank’s US Stock Holdings Rose 50% In First Half,...

In a month, quarter and year, in which many have scratched their heads trying to answer just who is buying stocks, as both retail and smart money investors have been aggressively selling... In the second quarter, the Swiss National Bank added $7.3 billion to its US equity portfolio, and according...

Can This Israeli Startup Hack Your Phone?

Many computer-security companies trumpet their skills and accomplishments. Some take another tack altogether, like NSO Group. This Israeli startup no longer operates a website. But it has peddled its wares to the Mexican government, gotten on the radar of Central Intelligence Agency officials and recently was bought by an American private equity firm. A...

SoftBank to Buy Britain’s ARM for $32 Billion in Record Deal

SoftBank Group Corp. agreed to buy ARM Holdings Plc for 24.3 billion pounds ($32 billion), securing a slice of virtually every mobile computing gadget on the planet and future connected devices in the home. The Japanese company is offering 1,700 pence in cash per share or a 43 percent premium...
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State of Surveillance with Edward Snowden and Shane Smith

The full episode of VICE on HBO's 'State of Surveillance' is available to stream for free on VICE News. When NSA whistleblower Edward Snowden leaked details of massive government surveillance programs in 2013, he ignited a raging debate over digital privacy and security. That debate came to a head this...

Apple Forecasts Second Sales Drop as iPhone Woes Deepen

Apple Inc.’s streak of 51 consecutive quarters of uninterrupted sales growth is over -- and its expansion may not resume until late this year. A boom in demand for smartphones, music players and other electronic devices propelled Apple’s annual revenue by $227 billion in the 13 years since the last...

US corporations have $1.4tn hidden in tax havens, claims Oxfam report

Charity analysis of the 50 biggest US businesses claims Apple have $181bn held offshore, while General Electric has $119bn and Microsoft $108bn. US corporate giants such as Apple, Walmart and General Electric have stashed $1.4tn (£980bn) in tax havens, despite receiving trillions of dollars in taxpayer support, according to a...
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Closing Panama Tax Haven Will Require Fighting the Most Powerful Lobby In the World

Michael Hudson is a Distinguished Research Professor of Economics at the University of Missouri, Kansas City. He is the author of The Bubble and Beyond and Finance Capitalism and its Discontents. His most recent book is titled Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global...
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Saudi Arabia Plans $2 Trillion Megafund for Post-Oil Era: Deputy Crown Prince

Saudi Arabia is getting ready for the twilight of the oil age by creating the world’s largest sovereign wealth fund for the kingdom’s most prized assets. Over a five-hour conversation, Deputy Crown Prince Mohammed bin Salman laid out his vision for the Public Investment Fund, which will eventually control more...

Pre-9/11 Ties Haunt Saudis as New Accusations Surface

RIYADH, Saudi Arabia — During the 1980s and ’90s, the historic alliance between the wealthy monarchy of Saudi Arabia and the country’s powerful clerics emerged as the major financier of international jihad, channeling tens of millions of dollars to Muslim fighters in Afghanistan, Bosnia and elsewhere. Among the project’s...

Market crash robs $2.3 trillion from investors

The stock market rout is starting to get really expensive — destroying $2.3 trillion from the market's top last year and $1.5 trillion in net wealth just this year. The giant companies that predominantly populate the Standard & Poor's 500 have fallen an average of 8.9% this year — which,...
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How the West Re-colonized China

In the last three decades, a remarkable change has transformed the face of the world’s most populous country. The figures are mind-boggling. Since 1980, China's Gross Domestic Product has increased by over 3000%, from $300 billion to over $10 trillion. This boom has been fueled by the remarkable rise...

The Global Currency Wars

Capitalism is by nature based on intense, and often destructive, competition. Not only between capital and labor, but between capitalists themselves. But not all competition is the same. There is competition when the global economic pie is growing; and there is competition when it is stagnating or declining. And...

Building backdoors into encryption isn’t only bad for China, Mr President

The White House wants tech companies to hand over encryption keys or build backdoors. So why is it criticizing China for wanting the same thing? Want to know why forcing tech companies to build backdoors into encryption is a terrible idea? Look no further than President Obama’s stark criticism of...

What NSA Director Mike Rogers Doesn’t Get About Encryption

At a New America Foundation conference on cybersecurity Monday, NSA Director Mike Rogers gave an interview that—despite his best efforts to deal exclusively in uninformative platitudes—did produce a few lively moments. The most interesting of these came when techies in the audience—security guru Bruce Schneier and Yahoo’s chief information...

China pays big to expand its clout along the new Silk Road

China, already at the centre of world trade, plans to spend billions of dollars to revive intercontinental land routes and develop maritime links to expand commerce and give it more weight in a freight system dominated by European shipping lines. President Xi Jinping set out his vision during a September...

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