Apple CEO Tim Cook.

Governments need to regulate technology: Tim Cook

April 24, 2019

Apple CEO Tim Cook believes that governments need to regulate technology in order to ensure data privacy for common people…reports Asian Lite News

Apple CEO Tim Cook.

“Technology needs to be regulated. There are now too many examples where the no rails have resulted in a great damage to society,” The Verge quoted Cook as saying during the Time 100 Summit in New York City.

“We all have to be intellectually honest, and we have to admit that what we’re doing isn’t working,” he added.

In a bid to explain to US-based lawmakers what he meant, Cook cited the example of General Data Protection Regulation (GDPR) data privacy rules in Europe.

“Europe is more likely to come up with something. GDPR is a step in the right direction,” Cook said, adding “We are advocating strongly for regulation – I do not see another path at this point.”

However, for improving data privacy, he said he does not promote going overboard with depending on the government or leveraging the government with favours and cited Apple as an example.

“We cannot look for the government to solve all of our problems. Apple doesn’t have a Political Action Committee (PAC) and I refuse to have one because it shouldn’t exist. The company donates zero to political candidates,” Cook noted.

In the US, PAC is an organisation that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives or legislation.

Previous Story

PM to hold road show, ‘puja’ before filing nominations

Next Story

Xiaomi launches 2 budget smartphones in India

Latest from ASIA NEWS

‘A Day to Rejoice’

In its statement, British Friends of Israel saluted the courage and resilience of the hostages and expressed deep sorrow for those who

Hamas Frees Captives

The Israeli Air Force announced that it has completed its preparations to receive hostages returning from Gaza to Israel….reports Asian Lite News

Fragile Peace Returns to Gaza

Carrying bags, blankets, and a few salvaged belongings, families walked through the dusty highway under the afternoon sun. Many pushed carts or