Apple Investor Weekly summarizes the past week’s financial news on the company.
Most corporate acquisitions come with a fair share of complexities. But when Accuride acquired a majority stake in Italian truck wheel manufacturer Gianetti Ruote, the Indiana-based company never dreamed of the impact the deal would have on its IT activities. Since Accuride expanded into Europe late last year, its U.S. IT team has had to contend with everything from a stalled cloud strategy and decentralized systems to increases in hardware costs, licensing fees and IT head count.
Welcome to the European Union, where authorities are requiring companies that handle the data of EU citizens to comply with some of the strictest data privacy regulations in the world, or else suffer dire financial consequences.
Allegedly under pressure from the Catholic Church, Australia’s largest telecommunications provider will not be participating in the public campaign in support of same-sex marriage, a new report suggests.
According to The Australian, Archdiocese of Sydney business manager Michael Digges approached a number of companies who had given permission for their logo to be used in a newspaper advertisement in support of marriage equality in May 2015.
He suggested the church could withdraw business from participating companies, including Telstra, which reportedly serves Catholic schools around Australia. Read more…