⏱Like a thief in the night
A big fine, and Amazon grocery stores
Good morning everyone, and congrats on making it to the end of the week!
According to a recent report, Procter & Gamble, one of the world’s largest advertisers, has been working in correspondence with a Chinese trade group to help develop techniques that could be used to bypass Apple’s new planned privacy procedures. This new strategy, entitled CAID, works by gathering iPhone user data through device fingerprinting algorithms. While many companies are also currently working on ways to avoid Apple’s new software update, an Apple spokesman said quite simply, “Apps that are found to disregard the user’s choice will be rejected.”
0:28- You have to pay the toll
While the infamous Ever Given isn’t stuck in the Suez Canal anymore, it’s not quite free yet. Currently the ship is being held by the Egyptian government until the owners of the ship agree to a compensation payout for the costs invoked by blocking one of the largest trade channels in the world. Osama Rabie, chairman of the Suez Canal authority said last week that the current number being negotiated is around $1Bn, which would account for the loss of fees, the operation to free the ship, and other miscellaneous costs.
Amazon confirmed yesterday that it is finally opening its first set of grocery stores on the East coast. The locations announced yesterday were Washington DC, Philadelphia, and Chevy Chase, but no dates were given for the openings and no further details were disclosed other than that the stores will be “...creating hundreds of new job opportunities...” If the new stores are “Fresh” stores, shoppers will be able to utilize “Just Walk Out” technologies, and other high tech features.
Thanks to a continuation of the semiconductor shortage problem, both Apple and GM announced yesterday that their manufacturing plants would be cutting production due to a lack of supplies. In GM’s case that means three additional plants will be slowed down or shut down, and Apple indicated that production of their MacBooks and iPads has been postponed. To help the situation, President Biden is meeting with chip manufacturers next week to determine how to form a more robust supply chain.
Have a great rest of your day, and we’ll see you tomorrow bright and early!
-The 90 Second News Team
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