Another alleged Chinese spy has been caught apparently trying to steal secrets from Apple’s mysterious self-driving car project.
The FBI reportedly arrested a Chinese national working for Apple the day before he planned to fly back to China with thousands of files on his laptop, including Apple’s intellectual property. He was reportedly planning to take all the info to a Chinese electric car manufacturer.
Tim Cook sounded confident about Apple’s future when he got on today’s Q1 2019 earnings call with investors this afternoon. Despite slumping iPhone sales and declining revenues, Cook told investors that his company is being managed for the long-haul instead of short-term gains.
Wall Street is already responding positively to Apple’s earnings report with shares trading up in after-hours trading. The company has 1.4 billion active Apple devices in the world, positioning Apple to continue raking in money as no other company can. However, today’s call revealed some new challenges Apple faces going forward.
Oracle CEO Larry Ellison, the close friend of Steve Jobs who Jobs’ kids called “our rich friend,” has joined Tesla as a member of its board.
Ellison was the first person Jobs sought to join Apple’s board of directors after Jobs resumed control of Apple in the 1990s. He stayed until the early 2000s. Interestingly, in recent years Tesla and Apple have been considered rivals more often due to both of their work in building tech-heavy car projects.
Elon Musk doesn’t think that Apple products “blow people’s minds” in the same way that they did at one point in time.
The Tesla and SpaceX CEO briefly shared his thoughts on the company during an hour-long interview with Recode‘s Kara Swisher. While Musk noted that he still uses an iPhone, he also gave the impression that he views Apple as a company whose most exciting days may not be ahead of it.
Always wanted a Tesla but don’t have a cool $50K sitting in the bank? Well, Elon Musk just released a new product to satiate your Tesla lust. It doesn’t have four wheels or an Insane Mode. But it will keep your iPhone powered up all day.
Apple has hired away numerous Tesla employees since the end of last year — and not just to work on its Apple Car efforts, either.
According to LinkedIn data, 46 former Tesla employees have joined Apple since late 2017: either leaving the company directly for Apple, or being dismissed and then joining. These include manufacturing experts, security and software engineers, supply chain authorities, and more. And Tesla has an official statement to make about it.
The interesting part? At Tesla, Field was employed as the Vice President of Vehicle Programs with a role overseeing development of new electric vehicles for the company. Now that he is back at Apple, he is reportedly working as part of the “Project Titan” Apple Car group.