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2025-04-052025-04-051111100
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apple and goldman sachs fined over 89 million for apple card issues

Apple and Goldman Sachs have been ordered to pay over $89 million for mishandling consumer disputes related to the Apple Card. The Consumer Financial Protection Bureau found that Apple failed to forward numerous disputes to Goldman Sachs, which also did not comply with federal investigation requirements. Goldman Sachs faces a $45 million civil penalty and $19.8 million in redress, while Apple is fined $25 million.

tim cook discusses data security and investments during china visit

Apple CEO Tim Cook met with China's Minister of Industry and Information Technology, Jin Zhuanglong, in Beijing to discuss investments, data security, and cloud services during his second visit to China this year. The discussions highlighted Apple's commitment to secure online data management and its presence in the Chinese market.
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