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Cisco, Apple, Aon, Allianz introduce a first in cyber risk management

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Cisco, Apple, Aon and Allianz today announced a new cyber risk management solution for businesses, comprised of cyber resilience evaluation services from Aon, the most secure technology from Cisco and Apple, and options for enhanced cyber insurance coverage from Allianz. The new solution is designed to help a wider range of organizations better manage and protect themselves from cyber risk associated with ransomware and other malware-related threats, which are the most common threats faced by organizations today. Cyber security risk is growing... Read More »

Apple’s first store in South Korea opens Saturday

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South of the Han River, in the heart of the Gangnam area, the store’s 25-foot glass facade invites visitors in from the tree-lined street, where interior trees mirror those outside, blurring the lines between the street and store. “We’re thrilled to open a new home for our customers in the vibrant city of Seoul and we look forward to continuing to grow in Korea,” said Angela Ahrendts, Apple’s senior vice president of Retail. “Our stores are gathering places for the community where everyone is welcome to connect, learn and create.” Today at ... Read More »

HomePod arrives February 9, available to order this Friday

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HomePod, the innovative wireless speaker from Apple, arrives in stores beginning Friday, February 9 and is available to order online this Friday, January 26 in the US, UK and Australia. HomePodwill arrive in France and Germany this spring. HomePod delivers stunning audio quality wherever it’s placed — in any room in the house, playing any style of music. Using just your voice, it’s easy and fun to use, and works together with an Apple Music subscription for a breakthrough music experience, providing access to one of the world’s largest cloud m... Read More »

Leading European technical colleges adopt Apple’s Everyone Can Code initiative

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Education institutions in the UK, Germany, France, Italy, Spain, the Netherlands, Sweden, Denmark, Norway, Austria, Belgium, the Czech Republic, Ireland, Luxembourg, Poland and Portugal will offer App Development with Swift to prepare their students for future careers in app development. The full-year course was designed by Apple engineers and educators to teach coding and app design to students of all levels and backgrounds. Harlow College in the UK will offer App Development with Swift to its 3,000 students — including adults seeking to r... Read More »

Apple says it will pay $38bn in foreign cash taxes and create 20,000 US jobs

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Apple said on Wednesday it would make a one-time payment of $38bn to repatriate some of its vast overseas cash holdings. The company, which has faced international criticism for its tax evasion policies, also said it would spend $30bn in the US over the next five years, creating 20,000 new jobs. Lawmakers in the US, European Union and the UK have criticized Apple over its tax policies. The company holds $246bn in low-tax countries. During the election campaign, Donald Trump attacked Apple’s policy of building its phones, tablets and other gadge... Read More »

Apple: Chinese firm to operate China iCloud accounts

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It has contacted customers based in China, advising them to examine new terms and conditions. They include a clause that both Apple and the Chinese firm will have access to all data stored on iCloud. Apple said it had made the move to comply with the country's cloud computing regulations. iCloud accounts registered outside of China are not affected. 'Strong data privacy' The Chinese cyber security rules, introduced in July last year, include a requirement for companies to store all data within China. The firm, Guizhou on the Cloud Big Data (G... Read More »

Apple investigated by France for ‘planned obsolescence’

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Under French law it is a crime to intentionally shorten lifespan of a product with the aim of making customers replace it. In December, Apple admitted that older iPhone models were deliberately slowed down through software updates. But it insisted it was because the phones' battery performance diminished over time. The French investigation is being led by the economy ministry's consumer protection agency. It follows a legal complaint filed in December by pro-consumer group Stop Planned Obsolescence (Hop). Hop said France was the third countr... Read More »

Apple should address youth phone addiction, say two large investors

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Jana, a leading activist shareholder, and CalSTRS, one of the nation’s largest public pension plans, delivered a letter to Apple on Saturday asking the company to consider developing software that would allow parents to limit children’s phone use, the Wall Street Journal reported earlier on Sunday. Jana and CalSTRS also asked Apple to study the impact of excessive phone use on mental health, according to the publication. CalSTRS and Apple did not immediately respond to requests for comment. Jana and CalSTRS together control about $2 billion (£1... Read More »

Meltdown and Spectre: All Macs, iPhones and iPads affected

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It emerged this week that tech companies have been racing to fix the Meltdown and Spectre bugs, that could allow hackers to steal data. Apple said it had already released some patches but there was no evidence that the vulnerability had been exploited. But it advised downloading software only from trusted sources to avoid "malicious" apps. Mac users have often believed that their devices and operating systems are less vulnerable to security issues than, for example Android phones or computers running Microsoft systems. But the Meltdown and Spec... Read More »

Apple could easily buy Netflix Now, but here’s why it would be a surprising move

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With the newly passed tax cuts, Apple Inc. (AAPL) has an embarrassing amount of cash at its disposal. Among the uses for its windfall, Citigroup Inc. suggested in a recent note that the company could turbocharge its video strategy, which has struggled at times, by purchasing Netflix Inc. (NFLX) . Shares of Netflix gained about 4.8% to $201.07 on Tuesday, amid speculation about the company's fate and an upgrade from Macquarie Capital.  The gains put Neflix's market cap at just over $87 billion. Even if Apple paid a 20% takeover premium, the r... Read More »

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