Tag: Apple

Five takeaways as panel grills tech CEOs

The Hill logoThe long anticipated confrontation between the chief executives of America’s largest tech firms and Congress produced several memorable moments Wednesday and gave important insight into the House Judiciary subcommittee on antitrust’s investigation into competition in digital marketplaces.

The hearing — featuring Amazon’s Jeff Bezos, Apple’s Tim Cook, Facebook’s Mark Zuckerberg and Google’s Sundar Pichai teleconferencing in — went more than five hours, with each lawmaker on the panel getting three rounds of questioning. 

Here are the five biggest takeaways from Wednesday’s hearing. Continue reading.

Apple and 7-Eleven show why Trump’s threat to sever China trade over Korea rings hollow

The following article by Greg Wright was posted on the Conversation website September 5, 2017:

President Donald Trump tweeted on September 3 that the U.S. “is considering, in addition to other options, stopping all trade with any country doing business with North Korea” after it performed a nuclear test.

Though North Korea currently trades with nearly 100 countries, this threat was almost certainly aimed at China, by far its biggest trading partner.

And it is technically something that a U.S. president can do. Under the International Emergency Economic Powers Act of 1977, the president can impose trade restrictions in the face of an “unusual and extraordinary threat.”

Continue reading “Apple and 7-Eleven show why Trump’s threat to sever China trade over Korea rings hollow”