In a US technology first, Apple Inc. (NASDAQ:AAPL) is housing data servers on Chinese soil to store personal data of Chinese users, potentially out of the reach of US legal jurisdiction. Apple would store date on China Telecom’s server The storage would include data gathered from cell phone usage, a key source of US National Security Agency spying. Instead of storing data in the US, Apple Inc. (NASDAQ:AAPL) would store user data on servers provided by China Telecom Corporation Limited (ADR) (NYSE:CHA) (HKG:0728), China’s largest wireless carrier, according to a statement from Apple. Although a report said Apple attributed the…
Apple Inc. (AAPL) Hosting Servers on Chinese Soil
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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