Shield

DOJ Accuses Apple of Using Privacy as a Cover for Profit Maximization

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The complaint accuses Apple of moulding its privacy and security practices in ways that benefits the company financially. One quote particularly jumps out where the DOJ calls Apple’s privacy and security justification an “elastic shield”:“Apple deploys privacy and security justifications as an elastic shield that can stretch or contract to serve Apple’s financial and business interests,” it says. “Apple wraps itself in a cloak of privacy, security, and consumer preferences to justify its anticompetitive conduct. It also said that at the moment developers can’t offer a separate app store for children. Essentially, the DOJ argues that Apple’s privacy and security practices are pretextual in nature and the company chooses “alternative courses” to protect its monopoly.

“Shield AI Secures Additional $300M in Equity and Debt, Boosting Valuation to $2.8B in Massive Series F Expansion”

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Defense tech startup Shield AI has expanded its latest funding round with another $300 million in equity and debt, bringing its total Series F to $500 million, TechCrunch has exclusively learned. This total amount reflects $200 million in equity closed in November, $100 million in new equity raised at the Series F price, and $200 million in debt. Shield AI is building an “AI pilot” to turn aircraft into autonomous systems. “AI pilots are becoming a strategic conventional deterrent in class with our aircraft carriers andguided missile submarines,” he said in a statement. “Adopt AI pilots too slow, and we will fail.