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FILE PHOTO: A 3D printed TikTok logo is placed on a keyboard in front of U.S. flag in this illustration taken October 6, 2020. President Donald Trump’s August order gave the Justice Department the power to enforce the divestiture order once the deadline expired, but it is unclear when or how the government may seek to compel divestiture. The government had previously issued a 15-day and seven-day extension of the initial 90-day deadline, which was Nov. 12, in Trump’s order. The Justice Department did not immediately respond to requests for comment, while the White House did not comment. The Trump administration contends TikTok poses national security concerns as the personal data of U.S. users could be obtained by China’s government.
Persons: Trump, Dado Ruvic, CFIUS, Donald Trump’s, TikTok, ByteDance, , ” ByteDance Organizations: WASHINGTON, TikTok’s, REUTERS, Department, Foreign Investment, Justice Department, Justice, U.S ., Walmart Inc, Oracle Corp, Reuters, Oracle, Walmart, U.S, Appeals, Apple Inc, Google Locations: TikTok’s U.S, United States, U.S, ByteDance, Washington
You can convert HEIC files to JPG on your Mac using the Preview app. If you have an iPhone, you probably have noticed that many of your photos are saved as HEIC files — High Efficiency Image Containers. HEIC files are typically smaller than average JPG or PNG files. However, many websites do not support the upload of HEIC files. Apple introduced HEIC files with its iOS 11 and macOS High Sierra software updates.
Persons: Apple, Meira, you've Organizations: Apple, Business, Tech
Apple announced a new free repair program for iPhone 11s with faulty touchscreens on Friday. The free repair scheme only applies to the iPhone 11, not the iPhone 11 Pro, and to find out if they're eligible customers have to input their device's serial number. Apple is offering a free fix on a batch of iPhone 11 models that have a habit of developing faulty, unresponsive touch screens. The free repair also doesn't apply to iPhone 11 Pro models. The iPhone 11 was released in September 2019, and since then, Apple has brought out its newest iPhone 12 model in October 2020.
Persons: Apple Organizations: Apple
BRUSSELS (Reuters) - Companies hoping the EU and the new U.S. administration will soon strike a new transatlantic data transfer pact to replace one struck down by a court will probably have to wait months for any result, the head of the EU privacy watchdog said on Friday. REUTERS/Kacper Pempel/Illustration/File PhotoWashington and Brussels have in recent years seen their data transfer accords, one known as the Safe Harbour and its successor the Privacy Shield, rejected by Europe’s top court because of concerns about U.S. surveillance. More than 5,000 companies had signed up to the Privacy Shield set up in 2016 when the Luxembourg-based EU Court of Justice (CJEU) scrapped it in July this year, disrupting their businesses and exposing them to the risk of privacy lawsuits. To that end, Wiewiorowski gave a thumbs up to the European Commission’s proposed revisions to data transfer tools known as standard contractual clauses used by thousands of companies to transfer data around the world for services ranging cloud infrastructure, data hosting, payroll and finance to marketing. “The proposed standard contractual clauses look very promising and they are already introducing many thoughts given by the data protection authorities,” he said.
Persons: Kacper, Max Schrems, Wojciech Wiewiorowski, Joe Biden, Biden, ” Wiewiorowski, Wiewiorowski, Organizations: Companies, REUTERS, Washington, Facebook, Court of Justice, Protection, Reuters, European, Twitter, Apple Locations: BRUSSELS, Brussels, Austrian, Luxembourg
BRUSSELS (Reuters) - Companies hoping the EU and the new U.S. administration will soon strike a new transatlantic data transfer pact to replace one struck down by a court will probably have to wait months for any result, the head of the EU privacy watchdog said on Friday. REUTERS/Kacper Pempel/Illustration/File PhotoWashington and Brussels have in recent years seen their data transfer accords, one known as the Safe Harbour and its successor the Privacy Shield, rejected by Europe’s top court because of concerns about U.S. surveillance. More than 5,000 companies had signed up to the Privacy Shield set up in 2016 when the Luxembourg-based EU Court of Justice (CJEU) scrapped it in July this year, disrupting their businesses and exposing them to the risk of privacy lawsuits. To that end, Wiewiorowski gave a thumbs up to the European Commission’s proposed revisions to data transfer tools known as standard contractual clauses used by thousands of companies to transfer data around the world for services ranging cloud infrastructure, data hosting, payroll and finance to marketing. “The proposed standard contractual clauses look very promising and they are already introducing many thoughts given by the data protection authorities,” he said.
Persons: Kacper, Max Schrems, Wojciech Wiewiorowski, Joe Biden, Biden, ” Wiewiorowski, Wiewiorowski, Organizations: Companies, REUTERS, Washington, Facebook, Court of Justice, Protection, Reuters, European, Twitter, Apple Locations: BRUSSELS, Brussels, Austrian, Luxembourg
A protester outside the White House urges the United States to take action to stop the oppression of the Uyghur and other Turkic peoples, on August 14, 2020 in Washington, DC. Chip Somodevilla | Getty Images News | Getty ImagesA Chinese dissident has targeted three American corporations after a report alleged that they lobbied the U.S. Congress to weaken a bill banning imports made using forced labor in China's Xinjiang province. Strong denial from ChinaIn a statement to CNBC, China's embassy in the United States denied that it uses forced labor. "Some US politicians have concocted disinformation of so-called 'forced labor' in order to restrict and oppress relevant parties and enterprises in China as well as contain China's development," said Chinese Foreign Ministry spokesperson Hua Chunying. Coca-Cola said it prohibits any type of forced labor in its supply chain and uses independent, third-party audits to enforce its guidelines.
Persons: Chip Somodevilla, Hua Chunying, Badiucao, Vaclav Havel, Colin Kaepernick's, Colin Kaepernick, Angela Weiss Organizations: House, Getty, U.S, Congress, New York Times, Uyghur, Labor, Nike, Apple, U.S . Chamber of Commerce, UN, CNBC, China's, United States, Foreign Ministry, Capitol, U.S . Senate, Creative, NFL, AFP Locations: United States, Washington ,, China's Xinjiang, China's, China, Xinjiang, Australia, Xinjiang Uighur Autonomous Region, New York City
BlackRock investment executive Brian Deese is set to head Biden's National Economic Council, effectively serving as his top advisor on economic matters. Today, it is a juggernaut widely used in the money management industry and beyond. Coryann Stefansson, who previously worked on bank supervision matters at the Federal Reserve Board and held senior positions at the Federal Reserve Bank of New York, joined BlackRock's Financial Markets Advisory (FMA) unit in 2016. "They have access to information when the Federal Reserve will try to sell securities, and what price they will accept. BlackRock Chief Executive Larry Fink was reportedly under consideration by 2016 presidential candidate Hillary Clinton to run the Treasury Department.
Persons: Larry Fink, Joe Biden's, Brian Deese, Biden, Wally, Adeyemo, Goldman Sachs, BlackRock isn't, Read, it's, Fink, Robert Kapito, Barbara Novick, BlackRock's, Larry Fink's, Aladdin, Deese, Barack Obama, Thomas Donilon, Obama, Mike, Biden's, BlackRock, Coryann Stefansson, Bear Stearns, Chuck Grassley, Morningstar, Hillary Clinton, David Rubenstein, I've, I'm, Merrill Organizations: BlackRock, Economic Council, Treasury, New, Treasury Department, Wall, Aladdin, Financial Times, Street Global Advisors, Apple, Microsoft, National Economic Council, State, Federal Reserve Board, Federal Reserve Bank of New, BlackRock's Financial, LinkedIn, Federal Reserve, Federal, Federal Reserve Bank of New York, Bear, AIG, Republican, New York Times, Fidelity, Vanguard, DC, Barclays Global Investors, Barclays, Merrill Lynch Investment Management Locations: Washington ,, Washington, New York, China, BlackRock, Federal Reserve Bank of New York, California, eFront
What's next for America's favorite news podcast
  + stars: | 2020-12-04 | by ( Kerry Flynn | Cnn Business | Michael Barbaro | ) edition.cnn.com + 0.00   time to read: +15 min
The New York Times ( NYT )' podcast "The Daily" typically airs every day of the week except for Saturdays. "A podcast doesn't become the front page of a newspaper unless a newspaper lets a podcast become the new front page." A podcast doesn't become the front page of a newspaper unless a newspaper lets a podcast become the new front page." 'Building a world every time'"The Daily" has not strayed from its roots as a daily audio show, but it continues to evolve. The Times audio continues to operate as its own entity within the larger newsroom.
Persons: Alex, Maggie, Jim, Michael Barbaro, Alexander Burns, Maggie Haberman, Jim Rutenberg, Trump, Joe Biden, Kamala Harris, Lisa Tobin, Kara Swisher's, Barbaro, Barbaro's, Biden, Tobin, Paige Cowett, Lisa Chow, Chow, " Barbaro, Cowett, Meredith Kopit Levien, Nicholas Quah, Quah, it's, Sam Dolnick, Dolnick, We're, Carolyn Ryan, Alex Young, Young, Astead, Julie Hirschfeld Davis, Donald G, McNeil , Jr, Stephanie Preiss, Susan Schiekofer Organizations: New York Times, White, Times, The New York Times, Big Tech, The Washington Post, Guardian, Apple, NPR, Productions, CNN Business, The Times, Spotify, New York, Daily, House, The, iTunes Locations: The, NewFronts, York, COVID, WBUR, Herndon, GroupM
Cramer: Apple is benefiting from the weakness of the U.S. dollar
  + stars: | 2020-12-04 | by ( ) www.cnbc.com + 0.95   time to read: 1 min
Cramer: Apple is benefiting from the weakness of the U.S. dollarCNBC's Jim Cramer and David Faber discuss how the weakness of the U.S. dollar is impacting business, specifically Johnson & Johnson and Apple.
Persons: Cramer, Apple, Jim Cramer, David Faber, Johnson Organizations: U.S ., Apple
New York (CNN Business) The incredible year for Tesla stock has created a bloodbath for those shorting its shares . That's why there has long been so much short interest in Tesla stock, with those doomsayers currently holding about 6% of total shares. Dusaniwsky said many of the shorts have closed out their positions — the number of Tesla shares held by short sellers is down 63% so far this year. "So Elon Musk, yes, I'm short Tesla, but some free advice for a good guy ... But despite the continued doubts of some shorts, Tesla is winning over other skeptics.
Persons: Ihor Dusaniwsky, Elon Musk, Tesla, , Dusaniwsky, Musk, Mathias Doepfner, Axel Springer, Jim Chanos, Michael Burry, Goldman Sachs, Goldman, Volkwagen Organizations: CNN, S3 Partners, Toyota, Volkswagen, Daimler DDAIF General Motors GM Honda HMC, , BMW, Apple, Bloomberg Locations: York, Tesla
Steve Wozniak is starting a second company, 45 years after he co-founded Apple in Steve Jobs' parents garage in 1976. This time, Wozniak is starting a business in the green tech and blockchain space called Efforce, according to a statement released Friday. According to Efforce, "investors can participate in energy efficiency projects buy acquiring tokenized future savings," while companies benefit from such improvements "at no cost." According to Wozniak, "energy consumption and CO 2 emissions worldwide have grown exponentially, leading to climate change and extreme consequences to our environment. Wozniak created Efforce "to be the first decentralized platform that allows everyone to participate and benefit financially from worldwide energy efficiency projects, and create meaningful environmental change," he said.
Persons: Steve Wozniak, Steve Jobs, Wozniak, Efforce, Jacopo Visetti, Visetti, Wozniak's, Tim Cook Organizations: Apple, Bithumb Global
LONDON — The EU's competition chief has suggested that tech giants will have to change how they promote themselves as the bloc prepares to revise its competition rulebook. The European Union is due to announce an overhaul of digital regulation later this month, which could hurt the business models of Big Tech. Often tech giants show their products at the top of online search engines, which increases the chances that customers will opt for their services. The Swedish digital music service complained that Apple had abused its AppStore dominance to favor its own music service and thus distorting the level playing field. Speaking to CNBC, Vestager explained that "the point is not so much the size" of companies but to ensure fair competition in the EU's market.
Persons: Margrethe Vestager, Apple, Vestager Organizations: European, Big Tech, CNBC, Spotify, Apple, European Commission Locations: Europe, Swedish
There are probably better opportunities than Apple over the next year, says Boston Private Wealth CIOShannon Saccocia, chief investment officer at Boston Private Wealth, joins CNBC's "Halftime Report" to discuss the moves in her portfolio and what is the best strategy for the next several months.
Persons: Shannon Saccocia Organizations: Apple, Boston, Boston Private Wealth
Thousands petition Google for more answers on departed researcher
  + stars: | 2020-12-04 | by ( Jennifer Elias | ) www.cnbc.com + 0.00   time to read: +4 min
Employees from Google and other organizations are asking Google for answers about how it handled the departure of renown researcher Timnit Gebru in an online petition that had more than 2,000 signatures as of Friday afternoon. Employees promptly took to Twitter, saying Dean's explanations didn't line up with their experiences with research at Google and other organizations. "We call on Google Research to strengthen its commitment to research integrity and to unequivocally commit to supporting research that honors the commitments made in Google's AI Principles," the petition states. Google declined to comment on the petition and Gebru's departure, but pointed to a statement from Dean that touches on the company's review process for academic papers. Watch Now: Renowned AI researcher says Google abruptly fired her, spurring industrywide criticism
Persons: Timnit, Jeff Dean, Gebru, Megan Kacholia, Dean, We're, Google Organizations: Google, Employees, Twitter, National Labor, Research, Engineering, Google Research, Black, Stanford, Harvard, MIT, Netflix, Apple, Microsoft, NAACP Legal Defense, Educational
This change, which requires apps to obtain permission before tracking and collecting user data for the purpose of advertising, will have a major impact on advertisers. Apple and Facebook have very different ideas about how you use and interact with technology. This is all part of a transformation of Apple's business away from innovative hardware products to data-driven software and media." What Facebook claims is that Apple is making it harder to advertise in iOS apps because Apple is, itself, becoming an advertising platform. It also misses a much larger point: Apple's move isn't about ads — it's about how users interact with technology.
Persons: Jason Aten, Jane Horvath, Apple's, Horvath, I've, Erin Egan, Facebook's, Egan, It's, I'm, it's, hasn't Organizations: Facebook, Apple, CES, Reuters, App
Apple offers free fix for iPhone 11 devices that no longer respond to touch
  + stars: | 2020-12-04 | by ( Kif Leswing | ) www.cnbc.com sentiment -0.97   time to read: +1 min
Apple said on Friday that it will repair some iPhone 11 devices that don't respond to touch. The replacement program doesn't cover other models, like the iPhone 11 Pro, and it only covers affected devices. The iPhone 11 was first launched in September 2019. In January, Apple CEO Tim Cook suggested that the iPhone 11 was Apple's best-selling model in the weeks after it launched. In the quarter ended September 30, Apple reported iPhone revenue of $26.4 billion, down 20.7% year-over-year.
Persons: Apple, Tim Cook, Cook Organizations: Apple
Elon Musk's electric car and renewable energy company published its first ever diversity report late Friday. It said that Tesla has a "majority minority" U.S. workforce overall, but 83% of employees in leadership roles are men and 59% are White. Tesla's debut diversity report did not break out how many of its employees identified as having a disability. Overall, Tesla's diversity report said veterans currently make up about 4% of the company's U.S. workforce. The report follows a number of allegations of discriminatory treatment at Tesla from employees and former employees over the years.
Persons: Tesla, Elon Organizations: Tesla Inc, Equity, Google, Apple, Boston Consulting Group, U.S, CNBC, Black Colleges, Universities Locations: Fremont , California, U.S, Tesla, White
Hong Kong Media Baron Jimmy Lai Denied Bail in Fraud Case
  + stars: | 2020-12-03 | by ( Joyu Wang | ) www.wsj.com sentiment -0.78   time to read: +1 min
HONG KONG––Media mogul Jimmy Lai faces months in jail after a Hong Kong court on Thursday denied him bail to await trial on a fraud charge, the latest in a procession of China critics to be put behind bars. Mr. Lai has long been a target of Chinese officials for his rhetoric against Beijing. Magistrate Victor So Wai-tak declined bail while setting the next court appearance for April 16, meaning Mr. Lai will be held for 4½ months in prison. Cheung Kim-hung, the chief executive of Apple Daily parent Next Digital, said Mr. Lai will appeal. Messrs. Chow and Wong were both granted bail, while Mr. Lai wasn’t.
Persons: Jimmy Lai, Lai, Victor So, Cheung Kim, Joshua Wong, Agnes Chow, Ivan Lam, Mr, Chow, Wong Wai, hadn’t, Messrs . Chow, Wong, Lai wasn’t Organizations: , Police, Apple Daily, Beijing, Prosecutors, Next Digital, Messrs Locations: HONG KONG, Hong Kong, China
Hong Kong media tycoon Jimmy Lai denied bail after fraud charge
  + stars: | 2020-12-03 | by ( Clare Jim | ) www.reuters.com + 0.00   time to read: +3 min
HONG KONG (Reuters) - Hong Kong media tycoon and pro-democracy activist Jimmy Lai was denied bail on Thursday on a charge of fraud related to the lease of a building that houses his Apple Daily, an anti-government tabloid. FILE PHOTO: Media mogul Jimmy Lai Chee-ying, founder of Apple Daily, reports to the police station after he was released on bail following his arrest under the national security law in Hong Kong, China December 2, 2020. It’s Beijing’s policing brought to Hong Kong,” Mark Simon, an associate of Lai, told Reuters. Hong Kong police later said they had arrested nine men and one woman for suspected offences including “collusion with a foreign country/external elements to endanger national security, conspiracy to defraud” and others. Suspicion of colluding with foreign forces carries a maximum sentence of life in jail under the new security law.
Persons: Jimmy Lai, Jimmy Lai Chee, Lam, Lai, Joshua Wong, Jimmy, ” Mark Simon, swooped, , Mike Pompeo Organizations: Reuters, Apple, Apple Daily, REUTERS, Hong Locations: HONG KONG, Hong Kong, China, Beijing, British, Lai, Washington
Hong Kong media tycoon Jimmy Lai in custody after fraud charge
  + stars: | 2020-12-03 | by ( Clare Jim | ) www.reuters.com + 0.00   time to read: +3 min
HONG KONG (Reuters) - Hong Kong media tycoon and pro-democracy activist Jimmy Lai was denied bail on Thursday on a charge of fraud related to the lease of a building that houses his Apple Daily, an anti-government tabloid. Media mogul Jimmy Lai Chee-ying, founder of Apple Daily, reports to the police station after he was released on bail following his arrest under the national security law in Hong Kong, China December 2, 2020. It’s Beijing’s policing brought to Hong Kong,” Mark Simon, an associate of Lai, told Reuters. An ardent critic of Beijing, Lai has been detained since Wednesday after reporting to the police for his arrest in August. Suspicion of colluding with foreign forces carries a maximum sentence of life in jail under the new security law.
Persons: Jimmy Lai, Jimmy Lai Chee, Joshua Wong, Lai, Jimmy, ” Mark Simon, Prosecutors, swooped, , Mike Pompeo Organizations: Reuters, Apple, . Media, Apple Daily, REUTERS, Hong Locations: HONG KONG, Hong Kong, China, Lam, Beijing, British, Lai, Washington
Hong Kong media tycoon Jimmy Lai denied bail on fraud charge
  + stars: | 2020-12-03 | by ( ) www.cnbc.com sentiment -1.00   time to read: +2 min
Hong Kong pro-democracy media mogul Jimmy Lai arrives at the West Kowloon court in Hong Kong on September 3, 2020. Outspoken Hong Kong pro-democracy advocate and media tycoon Jimmy Lai was refused bail on Thursday on a fraud charge amid a growing crackdown on dissent in the semi-autonomous city. Hong Kong police said in a statement Wednesday that it had arrested three men on charges of fraud, without naming them. It also said that one of them had been suspected of violating the national security law, and that it was still under investigation. The British government had slammed Lai's August arrest and said the security law was being used to crush dissent.
Persons: Jimmy Lai, Lai, Lai's, Hong Kong's Organizations: Apple Daily, Hong, Next, Hong Kong Locations: Hong Kong, Kowloon, Hong, Beijing, British, China
Hong Kong is fast running out of avenues for dissent
  + stars: | 2020-12-03 | by ( Analysis James Griffiths | ) edition.cnn.com + 0.00   time to read: +8 min
Protests, once a symbol of Hong Kong , have been stifled by a new national security law and sporadically-applied coronavirus restrictions. JUST WATCHED China's crackdown on Hong Kong spreads to the city's classrooms Replay More Videos ... MUST WATCH China's crackdown on Hong Kong spreads to the city's classrooms 02:59. Hong Kong media tycoon Jimmy Lai (C), 73, owner of the Apple Daily newspaper, arrives at Lai Chi Kok Reception Centre after he was remanded into custody in Hong Kong on December 3, 2020, after being charged with fraud. They see no problem with Hong Kong becoming the same as Guangzhou." But Law and Chow only have such a platform because of their previous work in Hong Kong itself.
Persons: Agnes Chow, Chow, Joshua Wong, Ivan Lam ., Lam, Wong, Jimmy Lai, Lai, Chi, Carrie Lam, Hong Kong's, James, Hong Kong, Raymond Li, Li, Nathan Law, Alex Chow Organizations: Apple Daily, Chi Kok, RTHK, Hong, New York Times, Biden, CNN Locations: Hong Kong, Hong, China, Beijing, Guangzhou, Washington
The Covid-19 pandemic is expected to cause a drastic decline in cash usage due to the risk of contamination. Pew Research also found that about 34% of adults under the age of 50 make no purchases in a typical week using cash. Younger generations point to convenience as the main reason for switching from cash to contactless payments. Despite the rise in demand for contactless payments, many states and cities in the U.S. have passed laws banning cashless stores. And in months, we jumped ahead, and I don't think there's any turning back from that," said Schulman.
Persons: we've, Jodie Kelley, Dan Schulman, Kelley, Heima Sritharan, Aaron Klein, Schulman Organizations: Electronic Transactions Association, Apple, PayPal, Pew Research Center, Pew Research, Regulations, Brookings Institution Locations: Experian, U.S
Walgreens is rolling out a new advertising arm to compete with Amazon and retailers like Walmart and CVS that have been beefing up their advertising businesses. The retailer is launching a new business called Walgreens Advertising Group to sell advertising on its online properties and other websites. Walgreens has long run an advertising business with in-store and digital promotions but this move formalizes its advertising business. Luke Kigel, VP of Walgreens integrated media and head of Walgreens Advertising Group, said Walgreens would also directly pitch brands and agencies for the first time. Publicis-owned data firm Epsilon is behind the programmatic piece of Walgreens' ad business, and Microsoft and Adobe are also helping power Walgreens' ad business.
Persons: Luke Kigel, We've, Kigel, Read, it's Organizations: Walgreens, Amazon, Walmart, CVS, Facebook, YouTube, Group, Instacart, Walgreens Advertising, Apple, Epsilon, Microsoft, Adobe
"Anything about the election, about Donald Trump, they take down." She was talking about Facebook's third-party fact-checkers who label misinformation as false on the platform. Both women told me they now use Parler — a platform that touts itself as a "free speech social network." Facebook and Twitter were slow to combat misinformation on their platforms, and really only did so only after public outcry following the 2016 election. Accounts with swastikas as their profile pictures and disgusting racist posts are not hard to come by on Parler.
Persons: Donald Trump's, didn't, it's, Kim Ashworth, Donald Trump, Kari Tingley, Twitter, Parler, Biden, There's, Jack Dorsey, Mark Zuckerberg's Organizations: CNN, Facebook, Twitter, Big Tech, Trump, Apple, Fox, 8Chan Locations: Atlanta, Georgia, Covid, Trump, Russia
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