Social Media

Apple CEO predicts a new tech regulation is coming for data protection

In light of recent data breaches and the ever-growing influence of technology companies throughout the world, Apple CEO Tim Cook predicts that it is inevitable that a law will be passed soon to regulate companies for data protection and privacy. Tim has been pretty outspoken about breaches like Cambridge Analytica even saying that he would never be in such a situation if he was the CEO of Facebook, remarks which infuriated Mark Zuckerberg.

In an interview with Axios, Tim said he was expecting the U.S Congress would soon consider setting regulations. In an excerpt, he was quoted saying:

Generally speaking, I am not a big fan of regulation. I’m a big believer in the free market. But we have to admit when the free market is not working. And it hasn’t worked here. I think it’s inevitable that there will be some level of regulation.

Controversies have marred Facebook ever since the 2016 Presidential Election and Mark Zuckerberg’s role as CEO is being questioned with many investors lined up to force him out. However it has to be kept in mind, Facebook has introduced sweeping changes across its different platforms to rectify the mistakes which it made in the early years, still it remains subject of controversy especially on political campaigns.

Do you think a regulation is needed to control tech companies? Have you been a victim of a data breach?

Sponsored
Shaheryar Ehsan

Content Team Lead. Blogger, Content Developer, Social Media, and SEO Expert. Reach out: shaheryar.ehsan@techjuice.pk

Share
Published by
Shaheryar Ehsan
Tags: Apple

Recent Posts

Rumors Indicate iPhone 17 May Feature Unconventional Camera Design

Apple is reportedly preparing for a significant design overhaul with its iPhone 17 series, blending…

7 hours ago

First AI-Powered Teacher Launched in Pakistan’s Private School

Karachi: A private school in Karachi has unveiled Pakistan’s first AI-powered teacher, a groundbreaking move…

8 hours ago

Yahoo Surprises Users with Its Latest Android Launcher

Third-party apps have long been a staple of the Android ecosystem, but their appeal has…

9 hours ago

Phase-II Review of PTCL-Telenor Deal Finalized by CCP

ISLAMABAD: The Competition Commission of Pakistan (CCP) has completed its Phase-II review of Pakistan Telecommunication…

9 hours ago

Xiaomi’s SU7 Achieves New Production Record, Driving Q3 Growth

Xiaomi has shattered records by producing 100,000 vehicles in just 230 days. This is nearly…

11 hours ago

Teachers Can Now Access OpenAI’s Free AI Course

OpenAI, in collaboration with nonprofit organization Common Sense Media, announced on Wednesday the launch of…

12 hours ago