Tag Archives: Apple

U.S. charges former top Apple lawyer with insider trading

U.S. charges former top Apple lawyer with insider tradingAuthorities said Gene Levoff exploited his positions as corporate secretary, head of corporate law and co-chairman of a committee that reviewed draft copies of Apple’s financial results to trade illegally between 2011 and 2016. Prosecutors said Levoff, 45, of San Carlos, California, generated $ 604,000 in illegal gains, including realized profit and avoided losses, before Apple terminated his decade-long employment in September.



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Big Apple Layoffs Pump Brakes on Its Autonomous Cars

Big Apple Layoffs Pump Brakes on Its Autonomous CarsApple’s bid to enter the autonomous vehicle space has just suffered another setback. The Cupertino company has reportedly moved 200 employees off Project Titan, according to CNBC.

Credit: ShutterstockTitan has been in development since at least 2014, and although Apple hasn’t always been forthcoming in acknowledging it, a spokesperson responded to CNBC’s report by confirming the layoffs as well as the company’s commitment to self-driving technologies.

“We have an incredibly talented team working on autonomous systems and associated technologies at Apple,” the statement reads. “As the team focuses their work on several key areas for 2019, some groups are being moved to projects in other parts of the company, where they will support machine learning and other initiatives, across all of Apple.”

Titan has had a tumultuous ride since the beginning, as Apple reportedly backed off the idea of independently producing its own electric vehicles early on to shift its efforts to autonomous driving software. But then in August we heard the company might actually be hoping to launch its own car by 2023.

At that point, Titan was said to directly involve as many as 2,700 individuals within Apple. Around the same time, the initiative gained new leadership in the form of ex-Tesla engineering executive Doug Field, who joined longtime Apple veteran Bob Mansfield to head up the secretive division.

MORE: The 9 Coolest Cars from the 2019 Detroit Auto Show

Field, who was previously employed at Apple from 2008 to 2013 as a vice president of hardware engineering, wasn’t the only talent the tech giant poached from Tesla last year. As many as 46 employees left the electric automaker’s ranks to join Apple through the first eight months of 2018, according to CNBC. It's unclear how many of these individuals were affected in the recent layoffs.

All the while, Apple has continued to register and test self-driving prototypes, built off of hybrid Lexus SUVs. The company also reportedly entered into a partnership with Volkswagen in May to produce autonomous shuttles using the German manufacturer’s T6 Transporter as a base.

Apple’s spokesperson concluded the statement following today’s news by calling Titan “the most ambitious machine learning project ever.” Internally, the company is reportedly spinning the move to downsize as a form of restructuring. However, Titan has proved to be something of a moving target all along, with Apple repeatedly shifting strategies, goals and personnel as it prepares to find the best path of entry into a rapidly changing automotive landscape.

* I Drove BMW's Concept for the Future of Cars, and I'm Excited

* The 10 Most Exciting Cars (and Bikes) to Watch in 2019

* Watch Out, Tesla: Apple Car Could Launch in 2023



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Apple boss Tim Cook attacks 'shadow economy' of data in call for new privacy law

Apple boss Tim Cook attacks 'shadow economy' of data in call for new privacy lawApple’s chief executive Tim Cook has called for the US to introduce a national privacy law, attacking a “shadow economy” in which people’s personal data is bought and sold without their knowledge. Mr Cook said companies should have to collect as little data as possible and make it easy for people to delete the information that is held about them. It is the latest attempt from Apple to position itself as the steward of consumers’ privacy, and to draw a line between itself and companies such as Facebook and Google. Mr Cook said that people need to “win back their right to privacy” and that companies that sell data should have to register with the Federal Trade Commission, the US consumer watchdog. “I and others are calling on the US Congress to pass comprehensive federal privacy legislation – a landmark package of reforms that protect and empower the consumer,” Mr Cook wrote in Time Magazine. He singled out “data brokers”, companies that purchase, bundle up and sell data on individuals, such as credit reference agencies, saying that most people were unaware of how companies transact in their data. “Right now, all of these secondary markets for your information exist in a shadow economy that’s largely unchecked. Let’s be clear: you never signed up for that,” Mr Cook wrote. The US does not have a national equivalent to the UK’s Data Protection Act or the European privacy legislation, GDPR. Facebook, Amazon and Google have all said they would support a law, but failed to put forward any concrete proposals. Mr Cook said companies should aim to minimise the amount of data they collect and make it easier for people to delete or correct it. Mr Cook has played up Apple’s privacy credentials in recent months, as sales of its iPhones stumble and as Google and Facebook have been embroiled in repeated data controversies. Its privacy commitment has come under scrutiny, since Apple receives billions of dollars a year from Google to be the default search engine on the iPhone. Mr Cook has defended the deal, saying the company has built in controls to limit how much users can be tracked.



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Trump downplays Apple woes, says China economy helps U.S. in trade talks

Trump downplays Apple woes, says China economy helps U.S. in trade talksTrump has slapped import tariffs on hundreds of billions of dollars of Chinese goods as he seeks concessions from Beijing on issues ranging from industrial subsidies to hacking. China has retaliated. U.S. officials are heading to Beijing next week for the first face-to-face talks since Trump and President Xi Jinping in December agreed to a 90-day truce in the trade war as they sought to strike a deal.



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Amazon is blowing out Apple Watches at deep discounts, today only

Amazon is blowing out Apple Watches at deep discounts, today onlyIf you're been dying to get your hands on a new Apple Watch but you're reluctant to part with all that cash, today is most definitely your lucky day. Amazon is blowing out refurbished Apple Watches at deep discounts, and three different generations of Apple Watch are covered in the big sale. You can snag an Apple Watch Series 1 for just $ 185, the Apple Watch Series 2 starts at just $ 212, and Apple Watch Series 3 models can be had for as little as $ 296! These prices are only good for one day though, and these are refurbs so supply of the more popular models will probably sell out.

## Apple Watch Series 1

* Renewed products look and work like new. These pre-owned products have been inspected and tested by Amazon-qualified suppliers, which typically perform a full diagnostic test, replacement of any defective parts, and a thorough cleaning process. Wireless devices have batteries tested to have at least 80% capacity relative to new at the time of sale. Packaging, wall plug and charging cable may be generic (headphones not included). Wireless products on Amazon Renewed come with the 90 day Amazon Renewed Guarantee.
* Apple S1P Dual-Core, WatchOS 3, Accelerometer, Gyroscope, Light Sensor, Activity Tracker, Heart Monitor, Microphone and Speaker, Bluetooth
* Aluminum Chassis with Ion-X Glass
* 1.3" 272 x 340 Display
* Activity and Heart Rate Monitoring

## Apple Watch Series 2

* Renewed products look and work like new. These pre-owned products have been inspected and tested by Amazon-qualified suppliers, which typically perform a full diagnostic test, replacement of any defective parts, and a thorough cleaning process. Wireless devices have batteries tested to have at least 80% capacity relative to new at the time of sale. Packaging, wall plug and charging cable may be generic (headphones not included). Wireless products on Amazon Renewed come with the 90 day Amazon Renewed Guarantee.

## Apple Watch Series 3

* Renewed products look and work like new. These pre-owned products have been inspected and tested by Amazon-qualified suppliers, which typically perform a full diagnostic test, replacement of any defective parts, and a thorough cleaning process. Packaging and accessories may be generic. All products on Amazon Renewed come with a minimum 90-day supplier-backed warranty.
* Stainless Chassis, Sapphire Crystal with 1.3" 272 x 340 1000-Nit Display
* Activity and Heart Rate Monitoring and Water-Resistant to 164'
* Siri Integration
* Integrated GPS & 4G LTE Connectivity, Bluetooth 4.2, 802.11b, g, n Wi-Fi



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Dow closes 660 points lower after Apple cuts sales outlook, weak reading on U.S. manufacturing

Dow closes 660 points lower after Apple cuts sales outlook, weak reading on U.S. manufacturingThe Dow fell 660 points after Apple lowered its quarterly revenue outlook due to slowing iPhone sales in China, spooking stock market investors.



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It’s not just Apple: Baidu CEO warns employees that ‘winter is coming’

It’s not just Apple: Baidu CEO warns employees that ‘winter is coming’As China continues to suffer an economic slowdown as trade-related tensions with the US drag on, the CEO of what is essentially the Google of China has sent out a letter to his employees with an ominous warning drawn from pop culture: Winter is coming.

Baidu CEO Robin Li wrote in his letter that the Beijing-based search engine company earned 100 billion yuan (the US equivalent of $ 14.6 billion) in revenue last year. But analysts, according to The South China Morning Post, had forecast 101.45 billion yuan, with the revenue miss coming as the second-largest economy in the world continues to be saddled with its slowest growth in decades, blamed in large measure on the US trade war, which has spurred hiring freezes and job cuts in China.

Apple CEO Tim Cook released a letter of his own to investors Wednesday that landed like a bombshell, thanks to its revision downward of the company's revenue forecast for the typically busy holiday quarter. Analysts spent the subsequent news cycle pondering whether this was an Apple-specific problem or emblematic of a larger issue — with the letter from Baidu's chief executive arguably answering that question.

Following up on his warning, Li wrote that the inevitability of economic slowdowns is "as cold and real as winter to every company," and then shifted toward a more optimistic note: "Only when the year grows cold do we see the qualities of the pine and the cypress … It's high time that Baidu stepped forward as a platform company."

In his letter, Li in addition to prodding employees to step up their game also praised the potential of artificial intelligence, saying its benefits include helping bring down costs among Baidu's customers. And that the "historical transformation of AI is penetrating various industries, unleashing enormous growth potential and room for upgrade."

According to a CNBC report today, the trade war between the US and China is the reason growth estimates for China for 2019 have been cut from 6.5 percent to 6.3 percent already. And companies ranging from Apple to Ford have publicly expressed concern about the country's economy over the near term.

Baidu was founded by Li in 2000 and, like Google, makes most of its money from advertising.



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Apple unveils plan for $1 bn campus in Texas, US expansion

Apple unveils plan for $  1 bn campus in Texas, US expansionApple unveiled plans Thursday for a $ 1 billion campus in Texas that will create jobs for the tech giant outside Silicon Valley, a move made without the fanfare of the recent Amazon headquarters bidding war. Currently, Apple employs some 6,200 in the Texas capital, the largest cluster outside its headquarters in Cupertino, California. In January, Apple said it would invest $ 30 billion in the US over the next five years and create 20,000 new jobs, using some of the overseas profits repatriated at a tax rate lowered under a law passed by Congress last year.



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Apple chief pushes for US privacy law to stop 'weaponizing' data

Apple chief pushes for US privacy law to stop 'weaponizing' dataApple CEO Tim Cook on Wednesday said the United States needed a federal privacy law because personal information was being “weaponized” by companies against internet users to boost profits. “We at Apple are in full support of a comprehensive federal privacy law in the United States,” Cook told a conference in Brussels. Gossip, he said, had become a lucrative trade for the internet giants.



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50 Caramel And Apple Recipes That Will Give You Fall Fever

50 Caramel And Apple Recipes That Will Give You Fall Fever



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