Tag Archives: Exclusive

Exclusive: iPhone app makers questioned in U.S. antitrust probe of Apple – sources

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WASHINGTON (Reuters) – The U.S. Justice Department has reached out to app developers as part of its investigation into Apple Inc (AAPL.O), one of the four big tech companies being probed for alleged anti-competitive behavior, according one of the developers and another person familiar with the investigation.

FILE PHOTO: An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar/File Photo

The chief executive of developer Mobicip, Suren Ramasubbu, told Reuters he was interviewed in November by a U.S. investigator who asked about the company’s interactions with Apple. The app, which has nearly a million users worldwide, allows parents to control what their children see on their iPhones.

Ramasubbu said the Mobicip app was temporarily removed from the iPhone app store last year for a failure to meet requirements imposed by Apple.

A source familiar with the Justice Department’s investigation said a handful of app developers had been contacted in what is the first indication of what officials are pursuing involving Apple since the investigation was revealed by Reuters in June.

U.S. President Donald Trump has criticized Apple’s Silicon Valley neighbors for other reasons, calling for closer scrutiny of social media companies and Google and accusing them of suppressing conservative voices online, without presenting any evidence.

U.S. Attorney General William Barr said in December that he hoped to have the Justice Department investigations into the big tech platforms – Facebook Inc (FB.O), Alphabet Inc’s (GOOGL.O) Google, Amazon.com Inc (AMZN.O) and Apple – wrapped up this year.

Apple declined comment, but pointed to a statement on its website that says its app store was designed to hold apps “to a high standard for privacy, security and content.”

“Since 2016, we have removed over 1.4 million apps from the App Store because they have not been updated or don’t work on our most current operating systems,” the site says.

Apple’s ability to do just that has been a point of contention in the courtroom. The company was accused in lawsuits last year of abusing its clout in the app market. In one case, the U.S. Supreme Court gave the go-ahead last May to an antitrust lawsuit that accused Apple of forcing consumers to overpay for iPhone software applications.

SCREEN TIME CONTROL

Apple introduced its Screen Time app, which includes parental controls, in June 2018. At the start of 2019, Ramasubbu told Reuters, his company was contacted by Apple and warned that Mobicip’s app violated the iPhone-maker’s rules relating to technical elements that had previously been acceptable.

The app was removed from the app store for about six months, during which time it was updated to be compliant with Apple rules, Ramasubbu said. It was reinstated in October 2019, but he estimates his company’s business has shrunk by half.

Six executives of parental control app companies interviewed by Reuters said they had a comfortable relationship with Apple until mid-2018. That is when Apple introduced its own, similar software giving parents oversight of their children’s phone screen time and searches.

Apple has said that it had been concerned about parental control apps using technology which gave developers access to sensitive data, and that they declined to approve apps that used the technology if they did not also commit to not sharing data on children.

As the arbiter of who is allowed to sell in the app store, Apple says it has the power to ensure that only the highest quality apps are sold there.

But some developers say it also allows Apple to push out apps that compete with its own products, thus strengthening its profits at a time with its device sales have stagnated and it is seeking new sources of revenue.

Reporting by Diane Bartz; Editing by Chris Sanders and Edward Tobin

Our Standards:The Thomson Reuters Trust Principles.

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Dimont debuts insurance coverage verification instrument | Auto Finance Information

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Dimont has unveiled its insurance coverage verification service, which permits auto lenders and their vendor companions to confirm insurance coverage protection for potential borrows on the level of origination earlier than funding the mortgage, Jeff Anderson, Dimont’s senior vp of auto companies, informed Auto Finance Information. The brand new service was born out of requests from its lending […]



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Unique: Regulators weigh ‘startle components’ for Boeing 737 MAX pilot coaching – Transport Canada government

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MONTREAL/CHICAGO (Reuters) – World regulators are taking a look at “startle components” that may overwhelm pilots as they contemplate revised protocols for the Boeing 737 MAX, Nicholas Robinson, the top of civil aviation for Transport Canada, instructed Reuters on Friday.

FILE PHOTO: A employee walks previous unpainted Boeing 737 MAX plane seen parked in an aerial picture at Renton Municipal Airport close to the Boeing Renton facility in Renton, Washington, U.S. July 1, 2019. REUTERS/Lindsey Wasson/File Photograph

Boeing Co’s fastest-selling jetliner, the 737 MAX, was grounded worldwide in March after two deadly crashes that killed a complete of 346 folks inside 5 months.

Pilot overload seems to have performed a task in each crashes, through which crews struggled to regain management of the airplane whereas a brand new flight management system repeatedly pushed the nostril down amid a collection of different audio and sensory alarms and alerts.

“What we have to do is be sure that the aircrew within the MAX are capable of deal with that atmosphere,” Robinson mentioned in an interview with Reuters.

Transport Canada is amongst a core group of regulators that’s evaluating the necessities for the 737 MAX to fly once more after a seven-month grounding.

It has been convening weekly by telephone, video conferences or face-to-face with the U.S. Federal Aviation Administration and its counterparts within the European Union and Brazil, Robinson mentioned.

Their selections may result in sweeping modifications to pilot flight working manuals and classroom instruction and even mandates for pricey simulator coaching, trade sources have mentioned.

Nevertheless, no coaching selections could be made till Boeing submits software program updates to the FAA for assessment and approval, Robinson mentioned.

Transport Canada is carefully aligned with the European Union Aviation Security Company on return to service calls for and has additionally raised questions over the structure behind the 737 MAX’s angle of assault system.

“We proceed to search for an answer proposed by the producer and the FAA on that space,” he mentioned.

Nonetheless, Canada’s purpose is for the MAX to return in international locations throughout the globe concurrently, or a minimum of in shut succession.

“It’s not a necessity, but it surely’s a purpose,” Robinson mentioned.

PILOT WORKLOAD

A startle or shock within the cockpit can endanger a pilot’s potential to take care of management of the plane and was mentioned to play a task in earlier air crashes like Air France flight 447 in 2009.

The identical yr, Chesley “Sully” Sullenberger safely landed a US Airways flight on the Hudson River in New York after a hen strike disabled the engines. He instructed lawmakers in June that the 737 MAX crew may have been confused as they struggled to take care of management of the plane.

“I can inform you firsthand that the startle issue is actual and it’s big. It completely interferes with one’s potential to shortly analyze the disaster and take corrective motion,” Sullenberger mentioned.

Below new simulator situations, 737 MAX pilots worldwide could also be skilled on runaway stabilizer, a lack of management that was triggered in each 737 MAX crashes, coupled with some type of sudden malfunction.

“The one strategy to successfully take care of the bodily and psychological reactions of ‘startle impact’ is to have beforehand been uncovered to it,” mentioned Captain Larry Rooney, president of the Coalition of Airline Pilots Associations.

The purpose of introducing startles is to show pilots how to answer “struggle, flight or freeze” instincts in an atmosphere the place the results will not be life threatening, mentioned Rooney. The one strategy to prepare for startle is in a simulator or in actual life.

Boeing CEO Dennis Muilenburg on Wednesday acknowledged that Boeing’s flight management software program, activated off defective information from a key airflow sensor, contributed to a broader chain of occasions that created extra workload for the pilots in 737 MAX crashes.

The planemaker, which is concentrating on a 737 MAX return to service within the fourth quarter, has began displaying pilots and regulators its proposed software program replace and coaching program at data periods in Miami, London, Istanbul, Shanghai and Singapore scheduled to run via mid-October.

Reporting by Allison Lampert in Montreal and Tracy Rucinski in Chicago; Further reporting by Eric M. Johnson in Seattle; Modifying by Matthew Lewis

Our Requirements:The Thomson Reuters Belief Rules.

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हिंदुस्तान में क्या होगी iPhone 11 की कीमत? EXCLUSIVE | Information Tak



हिंदुस्तान में क्या होगी iPhone 11 की कीमत? EXCLUSIVE | Information Tak
Apple will deliver the iPhone 11, 11 Professional and 11 Professional in India quickly with costs beginning at Rs 64,900. In the meantime, Apple has dropped the costs of older iPhone fashions in India.
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Exclusive: Repsol in advanced talks to buy Exxon assets in Gulf of Mexico – sources

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(Reuters) – Spanish oil giant Repsol SA is in advanced talks to acquire some deepwater assets in the U.S. Gulf of Mexico from Exxon Mobil Corp for about $1 billion, three people familiar with the matter said on Monday.

FILE PHOTO: An Exxon gas station is seen in Houston, Texas, U.S., April 30, 2019. REUTERS/Loren Elliott/File Photo

The deal would be a boon to Exxon’s plans to accelerate asset sales, as it seeks to raise cash to return to shareholders and fund major projects. Suppressed oil prices have weighed on the appetite of oil majors to buy such assets.

There is no certainty a deal will be agreed, the sources said. The transaction would require approval from partners in the assets, who may have preferential rights to buy them, said two of the sources.

The sources asked not to be identified because the matter is confidential. Representatives for Exxon and Repsol declined to comment.

Exxon began the process to jettison Gulf of Mexico assets last year with advice from JPMorgan Chase & Co, Reuters reported last October.

According to a document seen by Reuters dated Fall/Winter 2018, Exxon was marketing nine assets. These included its 50% stake in the large Julia oil field, which it operates, as well a 9.4% piece of the Heidelberg field and 23% of the Lucius oil and gas field, both of which are now operated by Occidental Petroleum Corp.

The exact number of assets that Exxon would sell to Repsol could not be learned.

The Irving, Texas-based company is trimming its portfolio to focus on promising acreage in offshore areas such as Guyana and Brazil, and onshore in the Permian Basin of Texas and New Mexico. This includes in the Gulf of Mexico, once considered a reliable basin for oil exploration and production.

Exxon’s Chief Executive Darren Woods said earlier this year the company was targeting $15 billion through 2021 from asset sales, although securing divestments has been difficult at a time when many oil developers, especially in the United States, are eschewing purchases to focus on existing portfolios.

However, the world’s largest publicly traded energy company said last week it was in exclusive talks with Var Energi in relation to Exxon’s Norwegian upstream assets, confirming a Reuters story that the duo were close to a $4 billion deal.

Reporting by David French and Jessica Resnick-Ault in New York; Additional reporting by Jennifer Hiller and Gary McWilliams in Houston; Editing by Lisa Shumaker

Our Standards:The Thomson Reuters Trust Principles.

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Unique: Nike explores sale of surfwear model Hurley – sources

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FILE PHOTO: The Nike swoosh emblem is pictured on a retailer in New York Metropolis, New York, U.S., September 4, 2018. REUTERS/Carlo Allegri/File Picture

(Reuters) – Nike Inc (NKE.N), the world’s largest sportswear maker, is exploring choices for its surfwear model Hurley Worldwide, together with its attainable divestment, in line with folks acquainted with the matter.

Nike’s potential retrenchment from the surfwear market is emblematic of the stance of most main shopper firms in direction of the sector. Surf manufacturers have misplaced their attraction amongst non-surfing customers, who now desire boutique manufacturers and retro streetwear.

Among the many choices that Nike is contemplating for Hurley is an outright sale of the Costa Mesa, California-born model, the sources stated, requesting anonymity as a result of the deliberations are confidential.

It isn’t clear how a lot Nike may fetch by promoting Hurley. Nike declined to remark.

Nike bought Hurley from founder Bob Hurley in 2002 for an undisclosed sum in an effort to develop past athletic-focused attire and into different sportswear for browsing, skating, and snowboarding.

Bob Hurley based the corporate in 1979 and achieved notoriety within the 1970s for shaping the surf board for world champion Wayne “Rabbit” Bartholomew.

In the previous couple of years, the burgeoning urge for food for clothes related to the seashore life-style and tradition waned, to the purpose that former world chief Quiksilver filed for chapter in 2015 earlier than being taken over by personal fairness agency Oaktree Capital Administration (OAK.N).

Mainstream trend has dropped surfwear in favor of athleisure, whereas rising trend is popping towards city streetwear manufacturers like Carlyle-backed Supreme, and reversion seems to be just like the revived sportswear model Fila and Champion.

Final yr, Boardriders Inc, the corporate behind Quiksilver, Roxy and DC Sneakers that’s owned by Oaktree, acquired its struggling Australian rival Billabong, proprietor of its namesake model together with different life-style manufacturers similar to Aspect and VonZipper.

Reporting by Harry Brumpton and Joshua Franklin in New York; Modifying by Christopher Cushing

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Xbox One Hands On! (First Impressions & Gameplay)



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