Tag: Berkshire Hathaway
Volkswagen says a vendor’s security lapse exposed 3.3 million drivers’ details
Volkswagen says more than 3.3 million customers had their information exposed after one of its vendors left a cache of customer data unsecured on the internet. The car maker said in a letter that the vendor, used by Volkswagen, its subsidiary Audi, and authorized dealers in the U.S. and Canada,…
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The Amazon-Berkshire Hathaway-JPMorgan healthcare joint venture is officially ending
A somewhat nebulous, but high-profile and potentially heavily-moneyed joint venture is coming to an end: Haven, the JV created by Amazon, Berkshire Hathaway and JPMorgan Chase, is being “disbanded” according to CNBC, three years after its original formation. One of the main reasons is that each partner in the venture…
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Apple Operations SVP details supply chain safety changes due to COVID-19
Today, Apple released its 2020 Supplier Responsibility progress report. In it, Senior Vice President of Operations Sabih Khan published a letter that details an outline of the plan it created to increase safety and protection efforts in its supply chain worldwide. As far as I can tell this is the…
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Apple awards $10 million to rapidly scale COVID-19 sample collection kit production
Apple has awarded $10 million from its Advanced Manufacturing Fund to COPAN Diagnostics, a company focused on producing sample collection kits for testing COVID-19 to hospitals in the U.S. The money comes from the fund that Apple established to support the development and growth of U.S.-based manufacturing, but is particularly…
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Apple Card gets updated privacy policy on new data sharing and more transaction detail
Apple is updating its privacy policy for Apple Card to enable sharing more anonymized data with Goldman Sachs, its financial partner. Apple’s reasoning here is that this will make it able to do a better job of assigning credit to new customers. The data is aggregate and anonymized, and there…
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Apple is closing all of its stores outside of China until March 27
Apple will be closing all of its stores outside of China until March 27th. In a statement on the company’s website attributed to Tim Cook, the company attributed the decision to lessons it had learned from its response to the outbreak in China, where the disease was first identified. “What…
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