spice-boy
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Apple Car could borrow TrueTone tech to balance internal lighting
Only egotistical rich tech guys think their software surpasses the human brain in all situations. They are risking our lives as beta testers on roads and crosswalks.
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Goldman Sachs denies claims of Apple Card gender bias
Those regulations came about for a good reason it was called the Great Recession. The administration you mentioned needed to stop the Ponzi schemes which the investment banks used to build a house of cards. When people or industries are left to the own devices and without oversight disaster soon follows. Did you mother tell you not to eat too much candy or did she tell you as a child that you can do whatever you want because freedom means no boundaries?maestro64 said:GeorgeBMac said:I'm retired -- which means that my savings are high and my income is low. As a result GS gave me the lowest credit line of all my cards (about half).
Does that mean that they discriminate against retired people?
Yes they do, you can thank the last administration for all this heavy handed over regulations. Today banks can not extend credit on your assets, only on your ability pay based on your wages. My in-laws who are retired, sold their house to move into something more manageable and needed a temporary loan during the transition and had lots of saving and equity in the house they were selling but no bank would cut them a loan for the simple fact they have no income other than SS and some IRA income.
You should be happy your retirement accounts are not being manage by the Labor department today. That was the other regulation which came out of the 2008 crash and was put in place right at the end of the last administration. It did not get implemented by the new administration, it was killed. Otherwise the Labor department would have say so over how your retirement money could be invested. No more Apple stock in your IRA.
For Reference sake, read one after the other.
https://www.independentsentinel.com/obama-labor-dept-sets-stage-for-nationalizing-retirement-accounts/
https://www.businessinsider.com/trump-executive-order-on-fiduciary-rule-main-street-retirement-money-2017-2
https://www.whitehouse.gov/presidential-actions/executive-order-strengthening-retirement-security-america/
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Goldman Sachs denies claims of Apple Card gender bias
It means Goldman Sachs is not really in the credit card business and have made a mess of the Apple Card. They offered me a credit line 20% of my other cards. They apparently made this decision based on one yearly income and not my real credit history.GeorgeBMac said:I'm retired -- which means that my savings are high and my income is low. As a result GS gave me the lowest credit line of all my cards (about half).
Does that mean that they discriminate against retired people?
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Apple's $2.2 billion 'Green Bond' issue will fund carbon emission reductions
Paybacks as in the people of earth my have a planet to live on in the future? I know Apple is a business and profits are mostly why it exist but remember you can only make a profit if you have a breathing customer.fred stein said:Green is green. At Apple's cost of funds, they can fund project with long paybacks. Probably achieving 'alpha' returns in the long run.
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EU antitrust chief hints at possible Apple Pay investigation
How short some peoples memories are. It is that special free wheeling kind of American capitalism which creates global recessions. Due to a libertarian takeover of our democracy these past 30 year, the foxes been have left in charge of the hen house and regulations are a thing of the past. Most European nations do not subscribe to a boom then bust economy and their restrictions are there because not having them will lead to a disaster. It's an exciting time in America to be part of the top 10%, since the bottom 90% have been convinced that markets should resemble the wild kingdom where only the strong will and should survive. Laws are written because the worst in people (greed) always needs to be kept in check. The time of the Baron Robbers taught us that.thrang said:These kinds of positions are quite disgusting in their anti-capitalist positions.
Companies that develop products or services in a commercial environment have the right (and responsibility) to decide to make such products or services as closed or as open as they wish. Not only for their success as an commercial entity (and as a return on their enormous development, support, and marketing investments), but, in cases such as this, for concerns of user security. A company's decisions in all ways impact go-to-market risks - and inform the considerations of the consumer whether they want to purchase. In this case, too open and you invite potential security risk and lack of cohesive user experience - too closed, and you run the risk of alienating consumers and making it too difficult to use. If Apple has shown anything, it's that they get the blend of open and closed quite right far more often than they get it wrong. Its success is the penultimate marker for this. If one does not like Apple's (low) walled-garden approach, there are a multitude of Android alternatives one can move to. That's competition. Apple and everyone else out there have to continually compete, which seems to be forgotten by some. Competing means, among other things, offering differentiated features, sometimes exclusive, sometimes open, to make your mark. The consumers will decide if those offerings are of value or not. If too many people feel Apple Pay's approach is too limited, they won't use it. Or, if significant enough of a concern, they'll leave the platform.
