New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home News

Apple’s concessions in China reportedly include a secret $275 billion deal and one odd change in Maps

New York Tech Editorial Team by New York Tech Editorial Team
December 10, 2021
in News
0
Apple’s concessions in China reportedly include a secret $275 billion deal and one odd change in Maps
Share on FacebookShare on Twitter

Tim Cook has pushed Apple’s value within close range of $3 trillion, and a lot of that has to do with the former operations lead’s ability to manage a relationship with China, where many of its products are made and, increasingly, many of them are sold. A report this week from The Information relies on unnamed sources and internal documents to peel back some of the details about Apple’s ties with China.

A 1,250-word MOU between Apple and China’s National Development and Reform Commission reportedly runs for five years and accounted for $275 billion in spending

That includes a request Apple reportedly received in 2014 or 2015 about a small group of uninhabited islands that China and Japan apparently have a dispute over in terms of who owns them. Going by either the Senkaku Islands or the Diaoyu Islands, depending on which side of the argument you’re taking, they inspired a request from China to members of the Maps team to make them appear larger, even when viewers are zoomed out on the map. According to The Information, not only did Apple eventually make the change, but even today, for viewers using its map from within China, the islands are still shown at a larger scale than the territories around them.

Satellite views of the Senkaku Islands

A satellite image of the Senkaku Islands located in the East of China on April 01, 2016 in Japan.
Photo by USGS/NASA Landsat/Orbital Horizon/Gallo Images/Getty Images

The report also details disputes over everything from iTunes and iCloud to Apple Pay. The figure that looms over everything is a 1,250-word memorandum of understanding that The Information says Tim Cook signed during a publicized trip to China in 2016. The way it’s laid out, Cook went to China because of repeated regulatory actions affecting Apple’s business. By signing a five-year agreement (with an option to extend to a sixth year) promising investments, business deals, and training in China, worth an estimated $275 billion, the aim was to avoid further disruptions.

And as The Information has confirmed from its sources, that seems to have mostly held true. The report points out data from the analysts at Counterpoint Research who said that in October, Apple became the largest smartphone brand in China, a title it hadn’t held in six years. Meanwhile, Apple has built new R&D centers in the country and started storing iCloud data for Chinese users there.

However, that relationship also has downsides, with critics questioning the company’s commitment to privacy — its Private Relay feature will not be available in China — and business dealings with companies accused of links to Uyghur forced labor. That’s before we mention the other visible concessions that harken back to that decision about the disputed islands, like the numbers Apple won’t let you engrave on an iPad in China and takedowns of certain apps.

After the report surfaced, the South China Morning Post reports (via Apple Insider) that a state-run tabloid in China referred to it as “McCarthyism,” claiming it was an attack “clearly driven by the ‘political correctness’ of Sinophobia.”

Credit: Source link

Previous Post

OnePlus pulls buggy OxygenOS 12 update

Next Post

Wonder Dynamics, Startup Building AI Tools for Film and Metaverse Founded by Ready Player One Star Tye Sheridan, Raises $9M Series A Round Led by Horizons Ventures and Epic Games, Samsung Next, Founders Fund

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
Wonder Dynamics, Startup Building AI Tools for Film and Metaverse Founded by Ready Player One Star Tye Sheridan, Raises $9M Series A Round Led by Horizons Ventures and Epic Games, Samsung Next, Founders Fund

Wonder Dynamics, Startup Building AI Tools for Film and Metaverse Founded by Ready Player One Star Tye Sheridan, Raises $9M Series A Round Led by Horizons Ventures and Epic Games, Samsung Next, Founders Fund

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
Clubhouse will soon let you pin links to the top of rooms

Clubhouse will soon let you pin links to the top of rooms

October 23, 2021
10 Raunchy Movies on Netflix You Won’t Regret Watching

10 Raunchy Movies on Netflix You Won’t Regret Watching

May 20, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
Bloom Security and Cyera Turn Data Classification into Real-Time Enforcement at the Endpoint

Bloom Security and Cyera Turn Data Classification into Real-Time Enforcement at the Endpoint

October 22, 2026
Pluto Security Emerges From Stealth With $42M in Funding After Building an AI Security Community

Pluto Security Emerges From Stealth With $42M in Funding After Building an AI Security Community

October 13, 2026
man ordering at a drive thru

Accents, Engine Noise and “No Pickles”: Inside the Hardest Job in Voice AI

October 4, 2026
Essential Car Care Tips for Better Performance and Longer Life

Essential Car Care Tips for Better Performance and Longer Life

October 1, 2026
EB1A graphic design

EB1A Experts Surpasses 330+ Approvals Milestone Amid Rising 2026 EB-1A Approval Rates

September 30, 2026
Upwind team

Upwind Brings Aegis Into Its Cloud and AI Security Platform With New AI Labs

September 23, 2026

Recommended

Bloom Security and Cyera Turn Data Classification into Real-Time Enforcement at the Endpoint

Bloom Security and Cyera Turn Data Classification into Real-Time Enforcement at the Endpoint

October 22, 2026
Pluto Security Emerges From Stealth With $42M in Funding After Building an AI Security Community

Pluto Security Emerges From Stealth With $42M in Funding After Building an AI Security Community

October 13, 2026
man ordering at a drive thru

Accents, Engine Noise and “No Pickles”: Inside the Hardest Job in Voice AI

October 4, 2026
Essential Car Care Tips for Better Performance and Longer Life

Essential Car Care Tips for Better Performance and Longer Life

October 1, 2026

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

AI AI QSRs AI security Automat-it AWS B2B marketing Bloom Security Business CISO CISO Whisperer Collaborations Companies To Watch Cybersecurity Drive-Thru Enterprise AI Entrepreneur Fetcherr Finance FINQ Fintech Funding Announcement Hi Auto HumanX Impala Investing Investors investorsummit israelitech Mate Security Mindset Minnesota omri hurwitz Perion PointFive PR QSR Real Estate start- up startupnation Startups Startups On Demand Tech Tech leaders VC venture capital
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media