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Bad Apple on Wall St – tech giant loses top spot

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Apple is in hot water at the moment, losing its position as the world’s most valuable company

This comes as investors sell-off tech stocks as they move into what they see as less risky assets.

Saudi Arabian oil and gas producer Aramco has reclaimed the top spot from the iPhone maker for the first time in almost two years.

Shares in Apple fell by more than 5% in New York on Wednesday to end the trading day with a stock market valuation of just over 2 trillion dollars.

In fact, it’s been a rocky year for apple, shares have fallen by almost 20 per cent since the start of the 2021

That meant it lost its position as the most valuable company in the world to oil and gas producer Aramco

This is the first time the oil giant has held the top spot of the podium since 2020

Shares in energy producers have risen this year as the cost of crude oil and natural gas have gone up.

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U.S. warns against hiring North Korean tech workers

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The U.S. is warning North Korean workers are trying to find IT jobs by hiding their identities

The U.S. believes workers are seeking to steal money for their home country.

Many of them are allegedly pretending to be from other parts of Asia, according to three U.S. agencies.

The State Department says thousands of highly skilled IT workers are sent around the world to generate revenue to help with North Korea’s weapons production.

“The DPRK [North Korea] dispatches thousands of highly skilled IT workers around the world to generate revenue that contributes to its weapons of mass destruction and ballistic missile programmes, in violation of US and UN sanctions.”

U.S. State Department

If North Korea is employing workers to fund its missiles program, the move would be in violation of U.N. international sanctions.

“The United States is committed to disrupting illicit DPRK revenue-generating activities, which may facilitate criminal activity, provide direct support to the DPRK’s unlawful weapons of mass destruction and ballistic missile programs, and threaten international peace and security,” the U.S. State Department said in a statement.

The country has conducted several missile tests in recent months, including a banned intercontinental ballistic missile.

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Apple delays return to the office as COVID rates spike

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Apple has delayed its staff from returning to HQ on a full-time basis

Apple has delayed its workers from returning to the office full time.

Employees who are in the current working in the office two-day-per-week as part of a trial programme will have the option to once again work fully remote if they feel uncomfortable coming into the office.

According to news outlet The Verge, a memo released by Apple’s COVID-19 response team says that its updates are based on current infection rates and hospitalisations.

Apple is also requesting employees who do decide to return to the office to wear masks when in common areas like meeting rooms, hallways, and elevators.

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Social media giants slammed for spreading graphic footage from Buffalo shooting

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Social-media sites are being slammed for the spread of graphic and far-right material from Saturday’s horrific attack in Buffalo, New York

The gunman livestreamed the fatal shooting of 10 people at a Buffalo supermarket on Twitch.

The gut wrenching footage captured on the gunman’s helmet, was duplicated on other streaming sites after Twitch removed it.

Twitch was quick to take down the live stream, but meta and twitter still remain behind the eight ball and under heavy scrutiny.

The platforms say footage from the attack and links to the shooter’s manifesto are being actively removed.

While 22 viewers watched the stream live on Twitch, the Washington Post says a copy uploaded to an alternative streaming site was viewed more than three million times before its removal.

Facebook did not remove a link to the copy for more than 10 hours, racking up tens of thousands of views

Meta says it is removing and blocking copies of the livestream, the shooter’s manifesto and external links to them.

But Meta says some people have been trying to bypass its policies to post material from the attack online.

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