Apple employees overwhelmingly back Biden over Trump

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Election contributions by Apple employees for heavily toward Democrats
Political contributions by Apple employees show a clear preference for Democrat candidates.
Photo: Pixabay/Pexels CC

Apple employees show they lean to the left in the clearest way possible: with their wallets. Election contributions by Apple employees inclined strongly toward Democrats in the 2020 presidential race.

It’s not even close. Apple employee contributions to Joe Biden’s campaign were more than 13 times greater than they were to President Donald Trump’s, for example.

Trump’s WeChat ban could cost Apple more than $25 billion per year

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WeChat logo
WeChat is threatened by Trump's executive order.
Photo: WeChat

A WeChat ban imposed by President Donald Trump could cost Apple more than $25 billion per year, claims a report published Monday.

Those numbers are based on the idea that 75% of iPhone and iPad sales could dry up in China. Apple would lose money not just from the missing device sales, but also from the resulting decline in its subscription services.

Trump’s executive order won’t hurt Fortnite or League of Legends

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Fortnite-Battle-Lab
Fortnite developer Epic Games is part owned by Tencent.
Photo: Epic Games

President Donald Trump’s executive order blocking “transactions” involving Tencent’s WeChat will not hurt games owned, or partially owned, by the company.

That means it would not affect the likes of Riot Games’ League of Legends or Epic Games’ Fortnite, both of which have financial ties to Tencent. Instead, the executive order covers only WeChat transactions.

Trump’s TikTok standoff could wind up hurting Apple

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U.S. investigations of TikTok gather steam.
Apple relies on both the U.S. and China.
Photo: Kon Karampelas/Unsplash CC

President Donald Trump’s dispute with TikTok and other Chinese tech companies could wind up hurting Apple.

Trump threatened to ban TikTok from the United States if Beijing tech company ByteDance does not sell the app by Sept. 15. (Microsoft is in talks to acquire TikTok. Apple on Tuesday shot down a rumor that it was interested in buying the social media company.)

According to multiple reports, China could respond to the United States’ “bullying” over TikTok by hitting back in its own way. The language in the reports, some of which come from government-backed Chinese newspapers, is vague. However, others suggest Apple could be an obvious target of China’s wrath.

Trump’s war with Huawei could result in ‘endless investigations’ of Apple in China

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Chinese company Huawei wants the media buzz that would come with releasing the world's first foldable phone.
Trump's war with Huawei could hurt Apple.
Photo: Kārlis Dambrāns/Flickr CC

President Donald Trump’s Huawei sanctions could result in the Chinese government hitting American companies, including Apple hard, new reports claim.

Fresh reports by the Washington Post, Global Times and Daily Mail say China could launch “rounds of endless investigations” on U.S. firms operating in China. These will have the effect of “[dampening] investors’ confidence” and squeezing the income of these firms in the China market.

Trump will consult Tim Cook about the best way to reopen US economy

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Apple CEO Tim Cook talked Mac Pro with President Trump
Trump and Cook speak during a previous tour of Apple's Mac Pro factory.
Screenshot: White House

Tim Cook is one of the advisers President Donald Trump will consult about the U.S. plans to reopen the economy following coronavirus lockdown.

Cook is one of a panel called the Great American Economic Revival Industry Groups that the president will consult via telephone. In total, the group consists of upward of 50 executives, think tank representatives and industry leaders.

Apple shares shoot up after Trump declares national emergency

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Apple Oriocenter 2
Finally, some good news for Apple this week.
Photo: Apple

President Trump’s declaration of a national emergency provided some much-needed relief to Apple’s stock price just before the market closed this afternoon.

Apple shares jumped up over $20 in value during the last 30 minutes of trading today, just after President Trump announced that the U.S. government will free up $50 billion in federal resources to combat the COVID-19 outbreak.

Tim Cook takes wait-and-see attitude toward constantly changing coronavirus; ‘reason for optimism, but we’ll see’

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Apple CEO Tim Cook is optimistic about Apple’s future
CEO Tim Cook says “Apple is fundamentally strong.”
Photo: Fox Business

CEO Tim Cook promises Apple is fundamentally strong and will weather the problems resulting from the coronavirus spreading around the world. He says his focus isn’t on short-term changes in Apple’s share price, despite a recent significant drop.

In a wide-ranging interview with Fox Business recorded Thursday in Birmingham, Alabama, Cook also discussed whether his company will move more device production out of China, and his relationship with President Donald Trump.

Trump: Apple encryption could protect ‘criminal minds’

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President Trump: Apple encryption could protect ‘criminal minds’
Donald Trump thinks Apple needs to help authorities by unlocking iPhones.
Photo: Gage Skidmore/Flickr CC

President Donald Trump is no fan of Apple’s refusal to unlock iPhones for authorities in encryption-stymied criminal cases. In an interview with CNBC, Trump said, “Apple has to help us. And I’m very strong on it. They have the keys to so many criminals and criminal minds, and we can do things.”

Trump is currently in Davos, Switzerland, attending the World Economic Forum. This morning, he met with Tim Cook for a working breakfast.