Apple’s $110 Billion US Stock – Biggest Buyback Ever

Apple Buyback

Apple Inc’s Board has just approved a $110 Billion Stock buyback which will be the biggest buyback in US history. Apple is already responsible for the top six of the 10 largest share-repurchase announcements ever made in the US, and this announcement beats its own previous record for the largest buyback value from 2018 when…

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Apple / OpenAI iPhone Talks Renewed

Apple Talks to OpenAI

It’s been reported (Bloomberg) that Apple is (back) in discussions with OpenAI about potentially using OpenAI’s generative AI technology to power some new features being introduced in the iPhone later this year.  Although Apple is reported to be talking to OpenAI, it was also reported last month that Apple was talking to Googe about licensing…

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China Orders Removal Of Popular Messaging Apps From iPhone App Store

China Removes Apps

It’s been reported that the Chinese government has ordered Apple to remove popular messaging apps including Meta’s WhatsApp, Telegram, and Signal from its iPhone app store in China, due to national security concerns.  Some reports indicate that the Chinese Communist Party (CCP) may not be happy that the apps are outside of their control and…

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Used iPhone Components To Be Allowed For iPhone Repairs 

Apple Repair

Apple has announced that beginning in the autumn with select iPhone models, customers and independent repair providers will be able to utilise used Apple components in the repair process.  Apple’s senior vice president of Hardware Engineering, John Ternus, said: “With this latest expansion to our repair program, we’re excited to be adding even more choice and…

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iPhone Users Targeted With Password Reset Scam

Apple Phishing Scam

It’s been reported that some iPhone users have recently been targeted with an MFA bombing / multi-factor fatigue phishing attack.   The attack (which uses a bug in Apple’s password reset feature) bombards the user’s phone with password reset requests and ‘Allow’ or ‘Disallow’ options. If the user eventually clicks on ‘Allow’ in an attempt to…

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Serious Apple Chip Vulnerability Discovered

US researchers have reported discovering a hardware chip vulnerability inside Apple M1, M2, and M3 silicon chips. The unpatchable ‘GoFetch’ is a microarchitecture vulnerability and side-channel attack that reportedly affects all kinds of encryption algorithms, even the 2,048-bit keys that are hardened to protect against attacks from quantum computers.  This serious vulnerability renders the security effects of constant-time programming (a…

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Apple Fine and Sideloading

Apple Sideloading

In two recent blows to Apple, it’s just been fined £1.5bn for breaking EU competition laws over music streaming, while its latest iPhone update means allowing developers to offer their own ‘app stores’.  The Fine  Following a complaint by Swedish music streaming service Spotify, Apple has been fined £1.5bn by the European Commission for abusing…

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End Of The Road For Apple Car

Apple Car

It’s been reported that Apple has ceased work on its Autonomous Electric Vehicle known as “Project Titan”.  The 2,000 employees who were working on the decade-long project (and who reportedly had a say in the decision to stop work on it) are reported to have been moved to Apple’s generative AI team, other divisions in…

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Quantum-Proof iMessage Update

New Apple Security

Apple says it’s rolling out an update to its iMessage texting platform that can defend against future encryption-breaking technologies such as decryption by quantum computers.  Apple says its PQ3 “groundbreaking post-quantum cryptographic protocol” offers Level 3 security, i.e. it provides protocol protections that surpass those in all other widely deployed messaging apps. Apple says PQ3 (post-quantum cryptography…

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