1 year agoCNBC’s Ylan Mui reports on House Speaker Nancy Pelosi’s conversation with Apple CEO Tim Cook over Big Tech antitrust legislation pending in Congress.
My take: If the Speaker of the House’s primary concerns are Americans’ privacy and data and tech industry consolidation, Apple has little to fear from Nancy Pelosi.
You must be logged in to post a comment.
on Will Apple make a bid for Netflix in Sun Valley this week? 'Rodney A. — Sorry to be a CorrectionCrank, but the actual ad tag line was “Think different.” which is a…'
on Katy Huberty: Apple App Store growth decelerated in June — mostly in China '“slower App Store results in the June quarter would result in Apple Services revenue of $19,460M (+11.3% Y/Y) ” I…' on Target: Chuck Schumer 'Every time I listen to John Oliver, it reinforces my decision, long ago, to not get my news from comedians.' on Will Apple make a bid for Netflix in Sun Valley this week? '“think differently” Apple’s motto to ‘think differently’ was not a directive for everyone within Apple to all go in their…'
on Katy Huberty: Apple App Store growth decelerated in June — mostly in China 'In FY ‘21 Q3, services revenue was $17.5 billion. In the FY ‘22 Q2 earnings call, Luca Maestri forecast double…'
on Katy Huberty: Apple App Store growth decelerated in June — mostly in China '@PED Thank you for sharing this informative note from Katy Huberty at Morgan Stanley with Apple 3.0 readers. From the…'
on Target: Chuck Schumer 'Most importantly Microsoft sell the data they get about you from Bing. Do they also sell say location data from…'
on Will Apple make a bid for Netflix in Sun Valley this week? 'Yup, upvoted. $110B buys a lots choice cuts, rather than one sick ole’ cow.'
on Will Apple make a bid for Netflix in Sun Valley this week? 'Sactoh_Joe. I am not blind to Amazon’s faults. Even Besos said it will not stand forever although that time has…'
That said, Tim and the rest of Apple need to maintain their focus on keeping their customers happy.
I’m no fan of Pelosi, but I agree that privacy should be the first priority in tech regulation.
From wikipedia: “The doctrine is designed to protect children who are unable to appreciate the risk posed by the object, by imposing a liability on the landowner.”
We should apply this to platforms like FB, expanding landowner to platform owner.
In STARK contrast, Apple takes its platform responsibility seriously, making a walled garden. Thus it is NOT open to any and all for no fee. This impacts competition, but only in a fair and safe way.
Which one (of our former presidents) is an appropriate response.
Why is it some of us simply refuse to respect PED’s “No political statements” request?
It’s not for a lack of ammunition. Or a lack or desire to engage.
Regardless, if PED cares to continue to use the moniker “Tim Apple”, he invites everything that comes with it. I prefer he didn’t use it, given the political and divisive rhetoric you and many other disapprove of no matter your side of the political aisle.
My apologies if my opinionated comment offended you or anyone else.
It’s not for a lack of ammunition.
Or a lack of desire to engage.
That question eliminates all political references and overtones.
They rarely understood how to use their phones back when all carried BB devices. iPhone OS helps but patience is seldom a virtue of the powerful.
California legislators seem to be coalescing against the broad swipes these bills take at key industries. While I don’t expect them to pass, at least not as they are worded now, they will inspire/prod various internal groups to identify needed reforms. Facebook, Amazon and Google aren’t showing any indications now, but they will. Google just extended the implementation of their cookie ban.
Apple will lead, as it usually does, with additional reforms designed to benefit all developers & customers, especially those 660 million Services subscribers. I don’t anticipate a big drop in AppleTV subscribers and highly expect more exciting new programming announcements around the time the free trials expire. Bundles, kids, wives and some guy named Ted will keep them sticky at $5/mo.
Short of a strong man dictatorship, no legislative body can respond as fast as changes in tech arrive. No matter what is legislated/regulated, tech will challenge the edges with tweaks here and tweaks there.
“No matter what is legislated/regulated, tech will challenge the edges with tweaks here and tweaks there.”
That’s the conundrum. Not only is Congress shooting behind a moving target, but their understanding of what needs pruning and what needs nurturing is woefully inadequate – and that assumes that Congress is generally interested in doing what’s best for everyone and not what’s best for individual Congress-critters.
BTW, I’ve started up a Slack channel called “petition-to-congress” for fine-tuning the proposed pro-Apple Congressional petition. You can go there to either make suggestions or to add your name to the list of supporters. I’d note that we’ve had 18 members upvote the original petition concept. Slack is a way to actually add your name to the petition, once it’s finalized. Thanks to PED for the suggestion!
No offense taken. Actually, I saw your comment as an invitation and wanted to engage in a friendly dialogue. I certainly agree with you on wishing PED wouldn’t open the door.
Btw, I enjoy many of your comments
Ending Platform Monopolies Act
This one may as well be called the “Destroy How Apple Does Business Act.” It is co-sponsored by Democrat Pramila Jayapal of Washington, and Republican Lance Gooden of Texan, who also co-sponsored the American Choice and Innovation Act. In all it has 7 Democratic co-sponsors, and 5 Republican. This is the most draconian of them all. While the American Choice and Innovation Act prohibits a lot of things, and hangs the threat of divestment, this bill skips right to divestment.
My reading of the bill is that it would be impossible for a company to provide an integrated product with hardware, software and services. Just about every announcement Apple just made at their recent Worldwide Developers Conference would be illegal. It blows up their entire business model, and to a lesser extent, Google and Amazon.