Trump goes all-in
Delivered on 06 August 2019 by Justin Pyvis. About a 2 min read.
The US applied a 10% tariff to all of its remaining Chinese imports, set for 1 September. The fallout from this dispute is only going to intensify from here. A US recession in 2020 is looking more likely by the day as Trump erodes what is left of this expansion at the same time as the stimulus from his tax cuts wears off.
- Trump Threatens New Chinese Tariffs, Rattling Investors Across Markets »
- Tech stocks walloped as China retaliates in the latest salvo of its trade war with the US »
- China blames Donald Trump’s trade war tariff threat as yuan weakens below 7 to the US dollar »
- China reportedly halts US agricultural imports in retaliation for Trump’s tariff increase »
- Apple baits Trump by saying it wants to keep making Mac Pro in the US »
- Your Next iPhone Might Be Made in Vietnam. Thank the Trade War »
- Millions in Crypto Is Crossing the Russia-China Border Daily »
George Orwell was too early
I still wouldn't install one of these things in my house. Voluntary surveillance / free training for their AI algorithms; no thank you. Oh and hot air balloons and more facial recognition? What could possibly go wrong...
- Google will pause listening to EU voice recordings while regulators investigate »
- Apple suspends Siri response grading in response to privacy concerns »
- Amazon Gives Option to Disable Human Review of Alexa Recordings »
- As China turns towards facial recognition payments, are QR codes on their way out? »
- Pentagon testing mass surveillance balloons across the US »
Apple is in trouble
Apple's pivot into services is not going according to plan. Let's face it, iPhones are overpriced for what they are and Apple hasn't reacted fast enough to the competition. It's going to be an uphill battle from here, and the escalation of the US/China trade dispute will not help.
- The iPhone now makes up less than half of Apple’s business »
- Apple Reports Declining Profits and Stagnant Growth, Again »
Other bits of interest
- Facebook's Digital Money Plan Raises Stakes For China's Cryptocurrency Ambitions »
- Facebook Plans on Backdooring WhatsApp »
- Barr says the US needs encryption backdoors to prevent “going dark.” Um, what? »
- America’s DIY Phone Farmers »
- Why Google employees are donating to Warren and Sanders »
Image of the week
The latest tranche of tariffs in the United States' drawn-out trade dispute with China means tariffs will now cover virtually all of their bilateral trade. The latest tax will mostly hit consumer goods (look out, Apple), so despite the lower rate should be felt harder in the US than the previous rounds.
This week's data breaches
Every week there are dozens of -reported- data breaches, usually where data were not encrypted. There are troves and troves of data on drives all over the world that hackers have been unable to decrypt.
Now imagine a world where encrypted data are backdoored, then that backdoor gets discovered. That's the world that US Attorney General William Barr wants to create.
- Capital One says data breach affected 100 million credit card applications »
- Telegram rolls out fix for voicemail hack used against Brazilian politicians »
- Security lapse exposed weak points on Honda’s internal network »
- Google reveals fistful of flaws in Apple's iMessage app »
- 32 million patient records were breached in the first half of 2019 »
- Misconfigured JIRA Servers Leak Info on Users and Projects »