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Apple explains

Tim Cook explains how Apple’s acquisition strategy differs from other big tech companies – 9to5Mac

Acquisitions were a major topic of discussion during the big tech antitrust hearing earlier this week, but the focus was primarily on Apple’s competitors, including Amazon and Facebook. In a new interview with CNBC today, Apple CEO Tim Cook offered additional details on what he believes sets Apple’s acquisition strategy apart from the competition.

Cook’s argument in the interview is that Apple doesn’t acquire a company because it’s a competitor — which is the accusation being levied against Facebook for its acquisition of Instagram. Instead, Cook emphasizes that Apple acquires a company to eventually implement the technology into the iPhone:

“If you look at the things behind the investigation, the things are acquisitions, and if you noticed, we didn’t get any questions on acquisitions because our approach on acquisitions has been to buy companies where we have challenges, and IP, and then make them a feature of the phone,” Cook said in the interview.

Cook points out a specific example of this. “An example of that was Touch ID. We bought a company that accelerated a Touch ID at a point,” the Apple CEO told CNBC. There are plenty of other examples too, ranging from smaller acquisitions of AI technology for improving Siri to Apple’s acquisition of the Beddit sleep tracking company.

Apple’s largest acquisition to date is Beats, which it acquired in 2014 for $3 billion. One of Apple’s most recent acquisitions was Dark Sky, a weather app that now serves as the basis of new features in the Weather app on iPhone in iOS 14.

As CNBC points out, Apple reveals very little detail about its acquisitions because the deals are small enough that they don’t need to be reported to the SEC. In fact, this interview marks one of the few times where Cook has directly addressed Apple’s strategy for acquiring smaller companies from time to time. Last year, Cook said in an interview that Apple acquires a company every two to three weeks on average.

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explains Kinzinger

Rep. Kinzinger explains why question of Trump being briefed on Russia bounty intel is ‘irrelevant’ – Fox News

Rep. Adam Kinzinger, R-Ill., told Fox News Radio Tuesday that it is unlikely President Trump was briefed on intelligence that Russia secretly offered bounties to Taliban-linked militants for killing American troops in Afghanistan due to the information’s unverified nature.

“I don’t think the president was briefed,” Kinzinger told “The Brian Kilmeade Show.” “The briefer made the decision when he — keep in mind this is when the coronavirus pandemic is kicking off as well — skipped over that issue to wait for more information.”

MCENANY: PELOSI ‘PLAYING POLITICS’ WITH ‘FALSE’ REPORTING ON RUSSIAN BOUNTIES FOR US TROOPS

The New York Times report on the intelligence sent shockwaves throughout Washington over the weekend. A senior U.S. official told Fox News Monday that the National Security Council recently met to come up with a “menu of responses” to Russian action in Afghanistan. However, a White House official said the president was not briefed on the matter until “after the NY Times reported on unverified intelligence” Friday.

“What I do know is that whether or not the president was briefed, frankly, is irrelevant because the intelligence agencies could not yet agree on this,” explained Kinzinger, a member of the House Foreign Affairs Committee who attended a White House briefing on the subject. “If this is something, you need to have large agreement or at least [agreement] to a point of significant confidence to be able to take action.

“Otherwise, in theory, if it’s not true and you’re reacting against the Russians, think of the damage of that.”

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Kinzinger added that the intelligence leak to the Times is more than likely going to “dry up any trails we have been pursuing to get more information on this,” but urged lawmakers to resist politicizing the issue as they wait for more information.

“I think where we’re at now, unfortunately, this has become a political issue,” he said. “Republicans and Democrats should both agree that if Russia is doing this, there has to be harsh consequences. Instead, a lot of people have taken this as a moment to do politics with it and embarrass the president.”

Fox News’ Jennifer Griffin and Kristin Fisher contributed to this report.

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dust-up explains

Rand Paul explains dust-up with Fauci at Senate coronavirus hearing: ‘He’s an extremely cautious person’ – Fox News

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Sen. Rand Paul, R-Ky., joined “The Story” Tuesday after his public clash with Dr. Anthony Fauci at a Senate Health Committee hearing, during which Paul challenged the health official and argued that his words are not the “end-all” when it comes to the coronavirus pandemic.

“I don’t question Dr. Fauci’s motives,” Paul told host Martha MacCallum.

RAND PAUL DINGS FAUCI DURING TESTIMONY

“I think he’s a good person, I think he wants what’s best for the country, but he’s an extremely cautious person,” the senator added. “I don’t think any of these experts are omniscient. I think they have a basis of knowledge but when you prognosticate about the future or advocate for things dramatic and drastic, like closing all the schools, you should look at all the information.”

“We have to take with a grain of salt these experts and their prognostication.”

— Sen. Rand Paul, ‘The Story’

In one of the more tense moments of Tuesday’s hearing, Paul – the only U.S. senator to have had a confirmed case of COVID-19 – said the public health response to the pandemic has been riddled with “wrong prediction after wrong prediction” and that Fauci should not be the one making decisions on issues outside his purview.

Fauci, the director of the National Institute of Allergy and Infectious Diseases and one of the federal government’s most visible faces during the public health crisis, balked at Paul calling him the “end-all” and said his recommendations do not extend beyond the realm of science and public health.

Following up on Paul’s question about reopening schools in the fall, Fauci said that there is still much that researchers don’t know about the novel coronavirus and the country should not be “cavalier” in reopening institutions too quickly.

“The real question I asked him was, ‘Are you aware of the mortality among children?’ And he is,” Paul acknowledged, “but the mortality is exceedingly low, close to zero in the age group 0-18 … so, should we say all of these kids zero through 18 don’t go to school? No. I think we make that part of our decision-making process. But we need to have competition among the experts.”

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Paul,  who is an ophthalmologist, argued that advice from Fauci and other medical experts over when and how to reopen the country should be taken “with a grain of salt.”

“We have to take with a grain of salt these experts and their prognostication,” he said. “The future is very uncertain but turning down and closing the entire economy has been devastating and that is a fact.”

Fox News’ Andrew O’Reilly contributed to this report.

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Belichick explains

Bill Belichick explains Patriots’ surprising Jarrett Stidham loyalty – New York Post

May 8, 2020 | 11:46am | Updated May 8, 2020 | 12:52pm

All signs point to Jarrett Stidham succeeding Tom Brady as the starting quarterback for the New England Patriots.

The organization has shown their faith in Stidham by not signing a veteran quarterback (at least yet) or drafting a prospect this offseason.

The comments from head coach Bill Belichick reaffirmed why they seem to have so much confidence in Stidham, whom they drafted in the fourth round last year to serve as Brady’s backup for the 2019 season.

“Stid worked really hard last year,” Belichick said on NFL Network Thursday night. “He was our backup quarterback the entire season, and I know he’s working hard in the offseason. I know he’s made a lot of progress in terms of understanding our offense and understanding opponent defenses like all players do from Year One to Year Two.

“I’m sure he will get out there and be ready to go, be prepared, compete hard, and we’ll see where it takes us.”

Jarrett Stidham with Josh McDaniels and Bill Belichick
Jarrett Stidham with Josh McDaniels and Bill BelichickGetty Images

New England did sign undrafted free agents Brian Lewerke out of Michigan State and J’mar Smith out of Louisiana Tech. The team also has veteran Brian Hoyer on the roster after signing him to a one-year contract in late March. From all accounts, though, the job is Stidham’s to lose even though he threw a total of four passes last season in mop-up duty behind Brady.

Regardless of who takes the field for the Patriots come Week 1, whenever that may be, Belichick is sure the team will survive without Brady.

“Well, we’ve played at other times without Tom,” he said. “Whether it was the [2008] season after he was injured — we played 15 games with [Matt] Cassel and went 11-5 — or heading into the ’16 season with Jimmy [Garoppolo] and then Jacoby [Brissett], and Tom coming back after the four-game (Deflategate) suspension.

“So there have been other times where we’ve dealt with that. We’ll do what we always do, which is try to prepare the team the best that we can, utilize our players and the skills that they have and put ourselves in the best position we can to be competitive and win. That’s what we always do, and we’ll continue to do that.”

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