Bloomberg Tech Apple Pulls UK Cloud Encryption; CrowdStrike-Carahsoft Deal Under Scrutiny
Feb 21, 2025
A deep dive into Apple's controversial move to downgrade cloud encryption in the UK reveals the tension between user privacy and regulatory demands. The conversation shifts to CrowdStrike's deal under scrutiny, highlighting its implications. Insights from QuEra’s interim CEO spark discussions on the booming investments in quantum computing. Meanwhile, Alibaba's stock surge signals renewed optimism in China's tech scene, with analysts discussing the evolving regulatory landscape and its impact on startups.
AI Snips
Chapters
Transcript
Episode notes
Apple Removes Encryption in UK
- Apple removed its advanced end-to-end encryption feature for iCloud data in the UK.
- This is a response to the UK government's order to build a backdoor into customer data.
Trump to Counter Digital Service Taxes with Tariffs
- President Trump is expected to sign a memorandum allowing tariffs in response to digital services taxes.
- These taxes, imposed by countries like France, target US tech giants.
Stagnant Venture Market Disappoints Startups
- The venture market has been stagnant, disappointing startups hoping for increased liquidity.
- Reduced interest rates and regulatory changes haven't opened up the market as anticipated.