We still don't know if Apple and other tech companies' denial of direct involvement in the PRISM scandal has any truth (although we can at least be happy that Apple was apparently the last to participate), but we can take some comfort in the fact that Apple CEO Tim Cook seems to want to do something about it. According to Politico, Cook and other tech representatives held a confidential meeting this week with other tech executives and President Obama to discuss government surveillance programs.
Apple executives are expected to testify on Capitol Hill today to defend the iPhone maker's offshore profits, but Cupertino has attempted to head off any surprises by posting Cook's responses for all to see.
Apple CEO Tim Cook is headed to Washington, D.C. next week to testify about the company's offshore cash hoard, a rare public appearance which is being preceded by an interview that offers a glimpse of what's to come.
Now here's a bit of good news for those of you paranoid that the government is peeking into your instant message services: At least one government agency is complaining Apple's iMessage is a tough nut to crack.
The U.S. Treasury Department released new figures that show the government has an available cash balance of over $73 billion, while Apple has almost $76 billion stashed under their mattress.
What does this mean, exactly? Not much; the US Government has to pay for services and fund the military and such, and Apple's gaudy total represents profits earned, so we are not trying to compare the two directly. But the milestone does reflect on the incredible profit growth Apple has experienced in the last few years.