Posted on 09/30/2021 11:08:51 AM PDT by SunkenCiv
Money manager Jeff McCroy, who runs Christian Brothers Investment Services -- one of the oldest socially responsible investment firms -- has pressed Apple, AT&T Inc. and Verizon Communications Inc. over the last several years on efforts to more effectively block child pornography. Reports of videos containing child sexual abuse material surpassed flags for still images for the first time in 2019 and remained nearly half of the 65 million images identified last year, according to the National Center for Missing and Exploited Children. McCroy’s firm, which owned $271 million in Apple shares and debt as of Aug. 31, wrote to Apple last month in a letter that hasn’t previously been made public, encouraging it to take a tougher stance on videos...
The tech giant announced in August a trio of new tools designed to help fight CSAM. One feature, designed to scan a user’s iCloud photo library for explicit images of children in the NCMEC database and report them to relevant authorities, drew backlash from privacy advocates, who feared it could set the stage for other forms of tracking. Apple shelved the plan earlier this month and said it would take time to “collect input and make improvements” before attempting to roll out the system. Some privacy advocates are urging the company to scrap the plan altogether.
“It’s disappointing to learn that Apple is delaying their efforts for change,’’ CBIS’s McCroy said. “The longer it takes for action, the more children that are at risk of exposure and harm. We hope that Apple will expedite these planned improvements and take action sooner than later.”
(Excerpt) Read more at finance.yahoo.com ...
https://finance.yahoo.com/news/early-facebook-investor-says-3-164750369.html
Leftists should not be put in charge of investments. Or anything else.
This is the guy who has Apple convinced the solution is to spy on its customers.
Apple Forums have pretty much rejected “The Final Solution”
I am initially conflicted. I don’t want invasion of my phone. However, I have nothing to hide on my phone... . And, he’s right: as we mull this problem, more and more children are being exploited and targeted.
I say go for it. If you’ve got some sick pedophilia/bestiality on your phone, you are at risk.
Just thinking... .
It’s the old “If you have nothing to hide then you won’t mind” ploy, with a dash of “it’s for the children” thrown in.
“If you don’t have any evidence of child abuse on your devices then you won’t mind us searching them”.
If you are not a criminal and have nothing to hide, then just let us search your car, home, body cavities, phone, computer, etc. If you have nothing to hide, let us put these cameras in your home.
/bingo
The next thing you know the FBI is spying on their political opponents (Trump).
>> I say go for it... Just thinking...
Why not turn every phone into a live video source that can be analyzed by the govt in real time? Wouldn’t that be more effective?
You should think further before giving the green light.
I’m sure there are numerous processes currently available without drag-netting the Cloud.
I am not worried about anything I have put on my phone.
I am concerned about someone PUTTING something on my phone and going to jail for something I have no control over.
That is what they want everyone to think.
“Hey I don’t have anything to hide”
In reality what they want is a reason to access your phone for any reason.
This is the reason Apple went to face recognition instead of thumb print.
Anyone can just point the phone at you and bingo its unlocked. TSA, Social Worker, SJW...anyone.
The “Right to Privacy” is actually written into the CA Constitution.
Unless you give them the “right” to access your phone or your personal life and then all bets are off.
This is how Facebook gets around “Right to Privacy” by mandating you give up your “right” when you open a FB account.
I respect your opinion and understand your input as I’m sure its shared by many Americans.
‘I am concerned about someone PUTTING something on my phone...’
Can that happen?
Call me obtuse. Won’t be the first time a Freeper called me that... .
Thanks for your thoughts.
The responses to my post have educated me. I am getting a better understanding.
I learn so much from Freepers.
‘You should think further before giving the green light.’
As I am doing now. Thanks.
I am initially conflicted. I don’t want invasion of my phone. However, I have nothing to hide on my phone... . And, he’s right: as we mull this problem, more and more children are being exploited and targeted.
I say go for it. If you’ve got some sick pedophilia/bestiality on your phone, you are at risk.
—
Classic “road to Hell is paved with good intentions”. It starts out as something no one would be against. Next thing you know, the door having been opened, the government is scanning your photos. “Is that a Gadsden flag, we see there?” “Why are you photographing your guns? And why so many?” “Is that a MAGA hat?”
It’s not just a slippery slope, it’s a greased water slide.
It absolutely can.
My concern might be you have innocent pics of your kids or grandkids on your phone and you could be targeted as a pedophile.
Pilling on :
A rising 10-year yield is ‘toxic’ for a stock like Apple, trader warns - CNBC, Keris Lahiff
It could get even worse for Apple with yields on the rise, warns Boris Schlossberg, managing director of FX strategy at BK Asset Management.
“The 10-year, it looks like it’s heading towards 2% and that is very, very toxic for Apple on a long-term basis,” Schlossberg told CNBC’s “Trading Nation” on Wednesday.
He added that higher interest rates are just one of the issues facing Apple’s stock.
“I actually wouldn’t be surprised if Apple becomes the next Microsoft of the early aughts. Remember when in the early aughts Microsoft was making money, it was a very, very productive, profitable company but the stock languished for a decade,” he said.
Mark Newton, global head of technical strategy at Fundstrat, sees short-term weakness for Apple ahead.
“We could see potentially another 5% lower into October. We remain in a very seasonally weak time,” Newton said during the same interview. “The stock really hasn’t shown sufficient stabilization to argue that it’s really ripe to buy dips just yet.”
He highlights several key technical levels that investors ought to watch. The first, $134.50, lines right up with its 200-day moving average and the second at $137 aligns with former April highs. Both could signal a buying opportunity over the next month.
“However, I don’t think we’re there just yet because I do still think, to your point, interest rates are going to continue to creep up so that could be a real negative for technology in the short run,” he said.
Once someone has access to your photos (and other data) "to check for child porn", they have access to your photos.
What the government REALLY wants access to your pics for, is so they can get pics of your family and friends.
How absolutely sure are you, that you will NEVER be in a situation where the government wants to find somebody you know?
Case in point, all the people who were in DC on Jan 6, and may have snapped selfies which included other people.
Apple's chip families have better price-performance now, and as the company uses the M1 (for example) and the phone SOCs in more than one model means, economy of scale. Add to that an increase in market share and competitors dropping like flies (LG discontinued its phones, but makes great display technology and OEM components; competing ultrabook markups are going to crater for other reasons as well) and profits will rise as costs decline, even if consumer pricing is sticky upward. Yield on the commmon is something like .6% and has never been that great -- better to buy most bank stocks for the yield, rather than putting the money into CD or savings accts.
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