Apple Battles UK Law That Kills Encryption, Calls It A 'Secret Veto' Against Global Privacy
Portfolio Pulse from Rounak Jain
Apple Inc. (AAPL) is opposing UK government's proposed amendments to the Investigatory Powers Act, which could allow the Home Office to pre-approve or reject new security features, affecting global privacy and security. Apple has previously threatened to withdraw iMessage and FaceTime from the UK and joined other tech giants in opposing the Online Safety Bill. The amendments will be debated in the House of Lords.
January 30, 2024 | 7:34 am
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Apple Inc. is actively opposing UK's proposed legal amendments that could grant the government power to veto new security features, potentially affecting Apple's global operations and its commitment to user privacy.
The news indicates a potential regulatory challenge for Apple in the UK, which could lead to significant operational changes or withdrawal of key services like iMessage and FaceTime. This could negatively impact Apple's reputation for privacy and security, possibly affecting user trust and, consequently, AAPL's stock price in the short term.
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