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UK drops demand for access to Apple user data
TechXplore· 2025-08-19 14:01
Core Viewpoint - The UK government has dropped its request for access to Apple users' encrypted data, alleviating tensions between the UK and US regarding privacy and civil liberties [1][2][3]. Group 1: UK Government's Request - The UK government initially sought to have Apple create a "back door" for law enforcement to access encrypted data of users [2]. - This request was seen as a potential infringement on civil liberties, as it would allow access to the protected encrypted data of American citizens [2][4]. - After negotiations with US officials, the UK agreed to drop this mandate [3]. Group 2: Apple's Stance on Encryption - Apple has consistently maintained that it does not create "back doors" or "master keys" for its products, emphasizing its commitment to user privacy [4]. - The company ceased offering its Advanced Data Protection feature for British users in February, which provided end-to-end encryption for cloud-stored content [3]. Group 3: Perspectives on Encryption - Law enforcement officials argue that encryption can hinder investigations by protecting criminals and terrorists from prosecution, even with legal warrants [4]. - Conversely, civil rights advocates and cybersecurity professionals support encryption as a safeguard against unauthorized surveillance by authorities and hackers [4].
I Just Dropped $20K In These 3 Stocks
Seeking Alpha· 2025-08-19 13:00
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or ...
Apple just landed a key win for the global encryption fight
CNBC· 2025-08-19 11:27
Core Viewpoint - Apple achieved a significant victory as the U.K. government agreed to drop its demand for a "back door" to access users' encrypted data, which is a crucial aspect of end-to-end encryption technology [1][2]. Group 1: Background and Context - The dispute originated from the British government's request for access to Apple's encrypted cloud service through a technical "back door," which Apple has consistently opposed [3]. - This issue is part of a broader global debate on encryption, where governments seek ways to bypass encryption for criminal investigations, while tech companies argue that such measures would compromise user privacy and security [5][6]. Group 2: Implications for Apple - The U.K.'s concession may allow Apple to reintroduce its Advanced Data Protection (ADP) service for users' cloud data, which was halted in February for the U.K. market [7]. - The outcome of this negotiation could influence other tech companies facing similar government pressures regarding encryption [4][5].
X @Mike Benz
Mike Benz· 2025-08-19 10:57
Data Privacy & Security - UK agreed to drop mandate for Apple to provide a "back door" [1] - The "back door" would have enabled access to the protected encrypted data of American citizens [1] - The "back door" would have encroached on American civil liberties [1] International Cooperation - US worked closely with UK to ensure Americans' private data remains private [1] - US worked closely with UK to ensure Constitutional rights and civil liberties are protected [1]
UK drops Apple encryption demands, says US spy chief
Sky News· 2025-08-19 10:49
Core Viewpoint - The UK government has retracted its demand for Apple to create a backdoor for accessing encrypted user data, which would have compromised civil liberties and privacy for American citizens [1][8]. Group 1: Government Actions - The UK had previously ordered Apple to develop a method for its security services to access encrypted user data through Technical Capability Notices (TCN), which are not publicly disclosed [2]. - A UK government spokesperson confirmed the existence of long-standing joint security and intelligence arrangements with the US to address serious threats, while emphasizing the importance of privacy safeguards [5][6]. Group 2: Apple’s Response - Following the UK government's demands, Apple withdrew its "advanced data protection" feature for UK users, which provided end-to-end encryption for cloud data storage [2][7]. - Apple cited the increasing risks of data breaches and threats to customer privacy as reasons for the withdrawal of this feature [7]. Group 3: Reactions and Implications - US intelligence chief Tulsi Gabbard expressed concerns about any country requiring companies like Apple to create backdoors, labeling it a violation of privacy and civil liberties [8]. - Civil rights groups welcomed the UK’s decision to drop the backdoor demand, viewing it as a positive step towards protecting private data [9]. - Concerns remain regarding the Investigatory Powers Act, which could allow future governments to impose similar demands on encryption services [10].
HTX Kicks Off "Weekly Check-in & Win" Event with Exciting Prizes, Including the New Apple Watch Series 10
GlobeNewswire News Room· 2025-08-19 08:03
Core Points - HTX, a leading global crypto exchange, has launched a new campaign called "Weekly Check-in & Win" to enhance community engagement and offer interactive benefits [2][3] - The campaign started on August 8, 2025, allowing participants to enter a lucky draw by completing a simple weekly community check-in task [2][3] - The prize pool includes both digital assets and physical rewards, with the first prize being 1,888 USDT and the second prize an Apple Watch Series 10 [6] Summary by Category Campaign Details - The "Weekly Check-in & Win" campaign is designed to provide easy participation with weekly chances to win prizes by commenting on a designated post [2][3] - The task resets every week, allowing multiple opportunities for users to engage and win [2][3] Prize Structure - The prize pool consists of various rewards, including: - First Prize: 1,888 USDT - Second Prize: Apple Watch Series 10 (Glossy Black) - Third Prize: 60,000 $WIN - Fourth to Seventh Prizes: 6 $TRX, 6 $STEEM, 6 $JST, and 6 $SUN, respectively - Eighth and Ninth Prizes: 60,000 $BTT, 60,000 $NFT, respectively [6] Company Background - HTX, founded in 2013, has transformed from a virtual asset exchange into a comprehensive ecosystem encompassing digital asset trading, financial derivatives, research, investments, and incubation [7] - The company aims to provide safe and reliable services while adhering to a growth strategy focused on global expansion, thriving ecosystem, wealth effect, security, and compliance [8]
4 Soaring Stocks to Hold for the Next 20 Years
The Motley Fool· 2025-08-19 07:39
Core Viewpoint - The article highlights four prominent companies with strong brand recognition and competitive advantages, suggesting they are attractive long-term investment opportunities due to their growth potential and market positions [1][2]. Group 1: Amazon - Amazon is the leading e-commerce company in the U.S., controlling approximately 37.6% of the e-commerce market [4]. - The company is expanding its grocery services for same-day delivery, with plans to reach 2,300 municipalities by the end of the year [5]. - E-commerce currently accounts for less than 17% of total retail spending in the U.S., indicating significant growth potential [5]. Group 2: Apple - Apple's ecosystem includes over 2.35 billion active devices globally, providing a strong foundation for growth [6]. - The company is expected to improve its AI capabilities with a revamp of its Siri technology, which could enhance its market position [8]. - Apple's pricing power and share repurchase strategy are anticipated to support steady growth and dividends [8]. Group 3: Uber Technologies - Uber's drivers completed 18% more trips in Q2 2025 compared to the previous year, indicating strong demand across its services [9]. - The company is approaching $200 billion in annualized bookings, a scale unmatched by competitors [9]. - Uber's subscription program, Uber One, has grown to 36 million members, showcasing its expanding customer base [10]. Group 4: Philip Morris International - Philip Morris is transitioning from traditional cigarettes to smokeless nicotine products, showing resilience in a declining market [11]. - The company's revenue grew by 7.1% in Q2 2025, driven by a 15.2% increase in smoke-free products [12]. - The company has a consistent history of raising its dividend since its spin-off from Altria in 2008, currently yielding 3.2% [12].
Prediction: This Unstoppable Stock Will Join Nvidia, Microsoft, Apple, Amazon, and Alphabet in the $2 Trillion Club by 2028
The Motley Fool· 2025-08-19 07:02
Core Insights - The semiconductor industry is crucial for the ongoing artificial intelligence (AI) revolution, with significant financial implications for leading companies [1] - Nvidia has reached a market cap of $4.5 trillion, becoming the first company to surpass $4 trillion, while other tech giants like Microsoft, Apple, Alphabet, and Amazon also show substantial valuations [2] - Taiwan Semiconductor Manufacturing Company (TSMC) is projected to join the $2 trillion market cap club by 2028, driven by increasing demand for advanced chips due to AI adoption [3][8] Company Overview - TSMC is recognized as the world's first dedicated semiconductor foundry and is highly regarded in the tech industry, serving major clients like Nvidia, Arm Holdings, AMD, and Apple [5] - The company has shifted its revenue focus from smartphone chips to high-performance computing (HPC) and AI processors, with HPC now accounting for 60% of its sales [6] Financial Performance - TSMC reported a 44% year-over-year revenue growth to $30 billion in USD for the second quarter, with earnings per American depositary receipt increasing by 67% to $2.47 [6] - The company anticipates third-quarter revenue of $32.4 billion in USD, reflecting a growth rate of approximately 38% [7] Future Projections - TSMC is expected to generate around $122 billion in revenue by 2025, with a forward price-to-sales (P/S) ratio of about 10.4, necessitating $192 billion in annual revenue to support a $2 trillion market cap [9] - Wall Street forecasts revenue growth of 16% and 19% for TSMC in 2026 and 2027, respectively, with the potential to achieve a $2 trillion market cap by early 2029, possibly sooner due to historical outperformance [10] Industry Impact - The adoption of generative AI is projected to add between $2.6 trillion and $4.4 trillion to the global economy annually over the next decade, indicating a significant market opportunity for TSMC [11] - TSMC is currently valued at 28 times trailing-12-month earnings, presenting an attractive investment opportunity in the AI sector [12]
Analysts downplay AI bubble worries as Altman says some investors will be left 'very burnt'
CNBC· 2025-08-19 00:51
The artificial intelligence boom that Sam Altman helped ignite with ChatGPT in late 2022 is starting to make even him uneasy. OpenAI is already looking beyond Microsoft Azure's cloud capacity, and is shopping around for more. The company signed a deal with Google Cloud this spring and, according to Altman, OpenAI is "beyond the compute demand" of what any one hyperscaler can offer. "You should expect us to take as much compute as we can," he added. "Our bet is, our demand is going to keep growing, our train ...
Apple Stock To End 2025 On A High Note? 3 Product Announcements To Watch (And It's Not The iPhone)
Benzinga· 2025-08-18 22:27
Core Viewpoint - Apple Inc is expected to release the iPhone 17 along with updates to other products such as Apple Watches, iPads, and Macs in September and October, which are key months for new product cycles [1][2]. Product Updates - **Apple TV 4K**: The last update was in 2022, and the new version is anticipated to feature the A17 Pro chip, marking the first update in three years [3]. - **HomePod mini**: Originally released in 2020, it is expected to receive an update with the S9 chip, enhancing its capabilities beyond just color and packaging changes [4]. - **AirTag 2**: A new version is expected to triple the range for item tracking and focus on privacy, with pricing speculation around the current $29 per tag [5]. Revenue Impact - The iPhone remains the most significant product for Apple, driving revenue growth, and the introduction of AI features may encourage users to upgrade to newer models [6]. - The mentioned products, while not the most expensive, could incentivize consumers to trade up due to the long intervals between updates and the introduction of enhanced features [7]. - Apple has seen strong growth in Services revenue, with new protection plans and updates to products potentially increasing monetization opportunities [8]. Stock Performance - Apple stock was down 0.30% to $230.89, with a year-to-date decline of 7.80% in 2025, within a 52-week trading range of $169.21 to $260.09 [8].