Tag Archives: aapl

This Could Signal Apple’s Car Ambitions Are Moving Forward

Loading the player… Apple ’s ( AAPL ) car ambitions look to be moving forward. The tech titan apparently is “significantly ramping” its electric-car project, which could one day compete with the likes of Tesla Motors ( TSLA ), Alphabet ( GOOGL )-owned Google, China’s Baidu ( BIDU ) and even General Motors ( GM ). Apple has leased a 96,000-square-foot facility in Silicon Valley’s Sunnyvale, according to multiple reports, with some speculating that the company is using the space for its “Project Titan” car project. Meanwhile, Fiat Chrysler ( FCAU ) CEO Sergio Marchionne said at the Geneva International Motor Show today that his company would be well-suited to partner with Apple in building the tech company’s electric car. Apple has recruited a large number of auto experts, with specializations ranging from batteries to autonomous driving, but it has yet to publicly confirm any of its plans. Because of that, we still have no idea what an Apple car would look like. Some industry experts say there’s no question that Apple will build a car . The rumored ship-date target is 2019. Earlier this month, Apple received a car-related patent for a mobile device sensor to “determine when the user is in a vehicle that is driving.” But Apple could be hitting roadblocks. In January, reports said that Steve Zadesky, who has led Apple’s e-car efforts, was stepping down . Apple closed up 0.2% to 100.75 in below-average volume on the stock market today . Shares are holding above their 50-day line after retaking that level yesterday, and tested support at the 100 price level. Alphabet dropped below its 50-day line in intraday trade, after climbing above that area in Tuesday’s session, and closed right at that level with a 0.4% loss. Baidu looked for support at its 200-day line, falling 1.8%. And GM, nearing its 50-day line, rose 0.5%.

Apple-FBI Encryption Battle, Facebook Arrest Flash At RSA

SAN FRANCISCO — Apple’s ( AAPL ) encryption battle with the FBI flashed again Wednesday as Silicon Valley bigwigs largely sided with the iPhone-maker during the RSA Conference in San Francisco, Calif., saying the policies of their companies also wouldn’t allow for government backdoor access. The debate at the big annual security event also followed the arrest Tuesday of Diego Dzodan, a Facebook ( FB ) exec in Brazil, who refused to decrypt WhatsApp communications in compliance with a government order. Dzodan’s arrest was yet another flash point in the ongoing battle. Wednesday, a Brazilian judge ordered police to set Dzodan free. At an RSA panel discussion Wednesday Michelle Dennedy,  Cisco Systems’ ( CSCO ) chief privacy officer, said the network gear giant, per policy, wouldn’t provide the government backdoor access to encrypted communications. Silicon Valley companies such as  Alphabet ( GOOGL ), Facebook and Microsoft ( MSFT ) also have sided with Apple. Congress has yet to legislate backdoors, and outdated telecom laws don’t tackle the now-hot topic. The Paris terror attacks and a mass shooting in San Bernardino, Calif., have reignited the issue on Capitol Hill, where legislators are weighing privacy concerns against law enforcement needs. In the latter case, the FBI ordered Apple to decrypt the iPhone belonging to one of the two San Bernardino shooters. Apple is fighting the order. Cisco’s policy would put it in the same hot waters, Dennedy said. “We do not intentionally build in backdoors, and we do not do business with others who do,” she said. “That is our policy.” Dennedy’s position was echoed throughout the discussion, entitled “Can Government, Encryption, Backdoor and Privacy Co-Exist?” Backdoor access can act as a master key to all encrypted communications within a system. Apple’s engineers haven’t created that key, Apple CEO Tim Cook says. Juniper Networks Saw A Backdoor Exploited Intentional or not, backdoor access will backfire, Johns Hopkins University associate professor Matthew Green argued Wednesday. In December, Juniper Networks ( JNPR ) discovered unauthorized code running on an operating system backing their firewalls that let hackers decrypt VPN-protected communications, Green said. Experts have speculated a National Security Agency random-number generator, employed by Juniper, was to blame for the exploited backdoor. “This is the danger with backdoors,” Green said. “Juniper was protecting the Department of Defense and could not keep people from monitoring their code.” Richard Marshall, CEO of Secure Exchange Technology Innovations, says companies need to concentrate on existing vulnerabilities within their systems. “You don’t need a designed vulnerability (such as with a backdoor) when there are so many other vulnerabilities being exploited on a day-to-day basis,” he said. “It’s so much easier for those adversaries to break into our systems and violate our privacy.” But the panelists didn’t side entirely with Apple. Marshall argued that U.S., and other, consumers have accepted the idea of reduced privacy. Chenxi Wang, chief security officer for Twistlock and the panel’s moderator, noted Apple pushed a U2 album out to millions of phones but won’t hand over the keys for government access. “Is this a double standard?” she asked. “This is beyond a double standard,” Marshall said. “This goes to the actual user and their reduced expectation of privacy. It’s a dangerous, slippery slope.” Dennedy, on the other hand, argued that the young-adult millennial generation is “crying” for privacy. Everything from their individualized clothing to the use of Snapchat messaging says as much. And therein lies the opportunity, she said. “People are trusting their commerce, their culture, their families and their communities to us (as corporations),” she said. “We have an ethical obligation to build privacy into their systems.” Her advice for companies? “Educate your users about what they are getting into rather than assuming, because they’ve fallen for your monopolistic practices, that they like it.” Image provided by Shutterstock .

Xiaomi Mi 5 Demand Strong Ahead Of Apple iPhone SE Launch

Sales of Xiaomi’s new Mi 5 popped in China this week, ahead of Apple ’s ( AAPL ) expected launch of the less pricey, 4-inch-screen iPhone SE in the spring. Shares in Qualcomm ( QCOM ), whose Snapdragon 820 processor is built into the Mi 5, lifted more than 1% in the stock market today . Apple stock was down about 0.5% in afternoon trading. Xiaomi said that it had nearly 17 million registrations in hand for the Mi 5 on March 1, the first day of sale in China, though only one-fourth as many devices were reportedly ready for shipment. Xiaomi was the top smartphone seller in China in Q4, with 15% market share, followed closely by Huawei, with Apple in third place. Even though Apple’s December-quarter revenue growth slowed  year-over-year, overall iPhone demand was one reason why Xiaomi missed its 2015 smartphone shipment target, says research firm IHS. While Apple is apparently going small in China and emerging markets, the flagship Mi 5 has a 5.15-in. display that may help Xiaomi promote a new multiperson video chat feature vs. Apple’s FaceTime. At the Mobile World Congress in Barcelona in February, Xiaomi said that it would license U.S.-based  Vidyo’s conferencing technology for an app pre-installed on the Mi 5. The app is also available free on iOS and Android devices. “Scale is crucial for all communications apps, and Xiaomi’s plans to launch the app on Google Play and iOS illustrate this,” said Jack Kent, an IHS analyst, in an email. “Mi Video” supports multipoint videoconferencing, while users of Apple’s FaceTime can video chat with only one other person. While the Mi Video app may give Xiaomi a boost, “there could still be concerns about how much data video calling consumes — users on limited mobile data plans or pay as you go services may not be keen to use such services,” added Kent. At Forrester Research, analysts say that Xiaomi may have challenges. “China’s mobile connectivity has been slow, and videoconferencing can be taxing on a network,” Forrester analysts said in a blog post  on the video app. However, analysts agree that Xiaomi aims to set itself apart with more features aside from pricing its hardware aggressively, especially if it plans to expand globally. “Xiaomi needs to do more with its software ecosystem to significantly grow its business beyond its home market of China,” says an IHS report. That’s where Xiaomi’s partnership with Qualcomm could help. The new Mi 5 is priced  at roughly $300 and $350 with 32 GB or 64 GB of data storage. Xiaomi still garners more than 90% of its sales in China, though demand is growing in India and Indonesia. Xiaomi still doesn’t sell mobile phones in Europe or the U.S. China’s slowing economy is a worry for its local smartphone makers as well as Apple. Apple’s December-quarter sales in China rose only 14% from the year-earlier quarter, down from 99% growth the preceding quarter. The iPhone SE will sell for $400 to $500, said one report. Samsung, meanwhile, was pushed out of the top five smartphone sellers in the December quarter, says Strategy Analytics.