Director of National Intelligence Tulsi Gabbard says the US and UK worked out a deal.
The U.K has dropped its demand for special access to Apple's cloud systems, or a “backdoor,” following negotiations with the Trump administration, according to U.S. National Intelligence Director Tulsi Gabbard.
Britain has dropped its request for access to Apple users' encrypted data, which had created friction between London and Washington, US intelligence chief Tulsi Gabbard said Tuesday.
2025 has been a rollercoaster: tariff volatility, US administration changes, and recovery pushed major indices to new all-time highs, led by the tech, communication, and consumer discretionary sectors. Strong corporate earnings continue driving momentum — 80% of S&P 500 companies beat expectations — while energy lags amid weak oil prices. In H1 I've sat on lot of cash, preserving purchasing power as EUR appreciated versus USD; now, with clarity on trade deals, I'm deploying capital selectively.
Apple (AAPL) is reportedly planning to make all four of the iPhone 17 models it will sell in the U.S. in India, the first time the company is making its latest lineup in the South Asian country.
The U.S. government on Monday announced the U.K. would drop its demand for Apple to provide a "back door" to user data. The move represents a triumph for the iPhone maker and, more broadly, for end-to-end encryption.
The UK government has dropped its demands to create a backdoor into Apple's encryption, according to the US intelligence chief Tulsi Gabbard.
The U.K. is acceding to U.S. government request to drop its demand for Apple to provide a so-called “back door” into the iPhone, as the company reportedly is expanding its production of the mobile phone in India.
The Trump administration says that law enforcement organizations in Britain would back off asking the company for a tool to access customers' data.
U.S. Director of National Intelligence Tulsi Gabbard said on Monday the UK had agreed to drop its mandate for iPhone maker Apple to provide a "back door" that would have enabled access to the protected encrypted data of American citizens.
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Although Apple (NASDAQ: AAPL) remains one of the most reliable long-term stocks, history suggests that September should be approached with caution.