Snapchat Now Runs Natively On iPad
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Apple’s CFO Steps Down Following a 10-Year Run
This spring, Apple announced it would increase the amount from $90 billion to $110 billion, breaking its own record of $100 billion. It also reported an increase in revenue from its services business of 14 percent, even as sales of iPhones and iPads were down from the previous year. In Apple’s announcement, it said, “…Maestri enabled essential investments and practiced robust financial discipline, which together helped the company more than double its revenue, with services revenue growing more than five times.”
Kevan Parekh, Apple’s vice president of financial planning and analysis, will take Maestri’s place managing the finances of the now $3 trillion company. Parekh has been at Apple for 11 years and previously worked in senior leadership positions at Thomson Reuters and General Motors. Last week, Apple announced that it’s splitting its App Store group into two teams, with App Store vice president Matt Fischer leaving the role in October.
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Zuckerberg Says He Regrets Not Being More Outspoken About ‘Government Pressure’
The Meta CEO also said the company “shouldn’t have demoted” a New York Post story about corruption allegations involving President Biden’s family ahead of the 2020 election while waiting for fact-checkers to review it. The social media company has since updated its policies and processes, including no longer demoting content in the U.S. while waiting for fact-checkers, he noted. Zuckerberg also said in Monday’s letter that he does not plan to make contributions to local jurisdictions to support election infrastructure this cycle, like he did during the 2020 election.
The contributions, which were “designed to be non-partisan,” were accused of being unfairly distributed between left-leaning and right-leaning areas and labeled “Zuckerbucks” by Republicans. “Still, despite the analyses I’ve seen showing otherwise, I know that some people believe this work benefited one party over the other,” Zuckerberg said. “My goal is to be neutral and not play a role one way or another — or to even appear to be playing a role.” House Judiciary Republicans touted the letter as a “big win for free speech,” writing on X: “Mark Zuckerberg just admitted three things: 1. Biden-Harris Admin ‘pressured’ Facebook to censor Americans. 2. Facebook censored Americans. 3. Facebook throttled the Hunter Biden laptop story.”
“Mark Zuckerberg also tells the Judiciary Committee that he won’t spend money this election cycle. That’s right, no more Zuck-bucks. Huge win for election integrity,” it added.
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Telegram CEO Pavel Durov’s Arrest Upends Kremlin Military Communications
“[Durov’s] arrest may have political grounds and be a tool for gaining access to the personal information of Telegram users,” the Deputy Speaker of the Russian Duma Vladislav Davankov said in a Telegram statement. “This cannot be allowed. If the French authorities refuse to release Pavel Durov from custody, I propose making every effort to move him to the UAE or the Russian Federation. With his consent, of course.” Their worry is that Durov may hand over encryption keys to the French authorities, allowing access to the platform and any communications that users thought was encrypted.
French President Emmanuel Macron said Monday that the arrest of Durov was “in no way a political decision.” The Russian embassy has demanded that it get access to Durov, but the Kremlin has so far not issued a statement on the arrest. “Before saying anything, we should wait for the situation to become clearer,” said Kremlin spokesperson Dmitry Peskov. However, officials and law enforcement agencies were instructed to clear all their communication from Telegram, the pro-Kremlin channel Baza reported. “Everyone who is used to using the platform for sensitive conversations/conversations should delete those conversations right now and not do it again,” Kremlin propagandist Margarita Simonyan said in a Telegram post. “Durov has been shut down to get the keys. And he’s going to give them.”
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