AppleMagazine #435

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United States
Ivan Castilho de Almeida
26 号


‘time is everything’: world braces for spread of new virus

China’s massive travel restrictions, house-to-house checks, huge isolation wards and lockdowns of entire cities bought the world valuable time to prepare for the global spread of the new virus. But with troubling outbreaks now emerging in Italy, South Korea and Iran, and U.S. health officials warning Tuesday it’s inevitable it will spread more widely in America, the question is: Did the world use that time wisely and is it ready for a potential pandemic? “It’s not so much a question of if this will happen anymore, but rather more a question of exactly when this will happen — and how many people in this country will have severe illness,” said Dr. Nancy Messonnier of the U.S. Centers for Disease Control and Prevention. Some countries are putting price caps on face masks to combat…

buffett says wall street advice usually favors more deals

Taking advice from Wall Street on deals is a bit like asking “the barber whether you need a haircut,” according to billionaire Warren Buffett. Buffett said in his annual letter to Berkshire Hathaway shareholders last weekend that the current system of reviewing deals doesn’t always work well for investors because it almost always favors the deal that corporate CEOs propose. Companies should consider hiring two sets of advisers to argue for and against a deal before moving forward instead of just hiring a Wall Street firm that favors the deal, he wrote. “Don’t hold your breath awaiting this reform: The current system, whatever its shortcomings for shareholders, works magnificently for CEOs and the many advisors and other professionals who feast on deals,” he wrote. Buffett compared corporate deals to marriages that can be…

wells fargo to pay $3b to resolve probes into fake accounts

Wells Fargo agreed to pay $3 billion to settle criminal and civil investigations into a long-running practice whereby company employees opened millions of unauthorized bank accounts in order to meet unrealistic sales goals. Since the fake-accounts scandal came to light in 2016, Wells has paid out billions in fines to state and federal regulators, reshuffled its board of directors and seen two CEOs and other top-level executives leave the company. Wells Fargo’s reputation has never fully recovered from the sales scandal, even four years later. The $3 billion payment includes a $500 million civil payment to the Securities and Exchange Commission, which will distribute those funds to investors who were impacted by Wells’ behavior. “Wells Fargo traded its hard-earned reputation for short-term profits” said U.S. Attorney Nick Hanna for the Central District of…

tsa halts employees from using tiktok for social media posts

The Transportation Security Administration said it has stopped allowing employees to use the China-owned video app TikTok to create social media posts for the agency after the Senate’s top Democrat raised concerns about potential national security issues. New York Sen. Chuck Schumer sent a letter letter to TSA Administrator David Pekoske, months after news reports that the U.S. government launched a national security review of the app, which is popular with millions of U.S. teens and young adults. Schumer also cited a Department of Homeland Security policy prohibiting TikTok on agency devices. The TSA said in a statement that a “small number of TSA employees have previously used TikTok on their personal devices to create videos for use in TSA’s social media outreach, but that practice has since been discontinued.” In his letter,…

control: why ios should be kept locked down

Developers are quietly working on iOS 14 and its Mac and Watch counterparts, and many are wondering what the next-generation operating system will look like. A Bloomberg report has shed some light, and Apple looks set to loosen its grip on its privacy-focused ecosystem. APPLE MEANS PRIVACY Ever since the introduction of iOS back in 2007 (formally iPhoneOS with the launch of the original iPhone), Apple’s stance on privacy has been clear. Though third parties are actively encouraged to build apps and experiences for Apple’s ecosystems, they must play carefully by the Cupertino company’s rules or be kicked out . Each piece of software designed for macOS, iOS, and watchOS is compartmentalized, existing in a bubble to ensure data isn’t transferred between apps to resell to advertising and e-commerce giants, something that…

panasonic scraps solar panels partnership with tesla

Panasonic is pulling out of its partnership with Tesla to produce solar panels at a factory in New York state, the Japanese electronics maker said. Panasonic’s production at the factory in Buffalo will end by May, with an exit by September, it said in a statement. The decision is to streamline the company’s global solar energy operations, it said. Panasonic will continue making batteries for Tesla’s electric vehicles in another factory in Nevada, it said. Panasonic also quoted Tesla as saying that the move won’t affect Tesla’s solar business plans. Panasonic will also continue selling solar panels under its brand in the U.S. through its own distribution channels, it said. The two companies’ agreement to work on solar energy was announced in 2016. Panasonic will offer severance packages to employees at the Buffalo plant. Tesla will…