financetom
Business
financetom
/
Business
/
Market Chatter: Apple Accused by Democratic Republic of Congo of Sourcing Illegally Exported Minerals
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Apple Accused by Democratic Republic of Congo of Sourcing Illegally Exported Minerals
Apr 25, 2024 10:23 AM

12:55 PM EDT, 04/25/2024 (MT Newswires) -- Apple ( AAPL ) was accused by the Democratic Republic of Congo of sourcing illegally exported minerals from the country's war-torn east, the Financial Times reported Thursday, citing a letter by the government's lawyers to Apple ( AAPL ) Chief Executive Tim Cook.

The letter says that Apple ( AAPL ) allegedly relies on suppliers based in Rwanda and its products including iPhone, Mac computers and accessories were "tainted by the blood of the Congolese people."

Apple ( AAPL ) claims that it verifies the origins of materials used, however, the lawyers reportedly denied the company's claim saying it is not based on concrete and verifiable evidence.

Apple ( AAPL ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 169.14, Change: +0.11, Percent Change: +0.07

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Aura Minerals Buys Right to Explore Pe Quente, Pezao Projects in Brazil
Aura Minerals Buys Right to Explore Pe Quente, Pezao Projects in Brazil
May 22, 2024
08:35 AM EDT, 05/22/2024 (MT Newswires) -- Aura Minerals ( ORAAF ) , which jumped 4.3% to a 52-week high yesterday, on Wednesday reported the purchase of the right to explore the Pe Quente and Pezao Projects in the state of Mato Grosso, Brazil. Aura made an initial payment of US$500,000 ($683,567.50) and, if the results meet its expectations, can...
CGI Names Francois Boulanger CEO
CGI Names Francois Boulanger CEO
May 22, 2024
08:34 AM EDT, 05/22/2024 (MT Newswires) -- CGI (GIB) said Wednesday that it has appointed Francois Boulanger, the company's chief operating officer, as its chief executive officer, effective Oct. 1. Boulanger will succeed George Schindler, who retires effective Sept. 30, the company said. Schindler will remain a board member for a transition phase and act as a strategic advisor to...
Open Text Buying Cybersecurity MDR Platform; No Financial Details Given
Open Text Buying Cybersecurity MDR Platform; No Financial Details Given
May 22, 2024
08:33 AM EDT, 05/22/2024 (MT Newswires) -- Open Text Corporation ( OTEX ) announced Wednesday that it has purchased Pillr, an MDR platform from Novacoast, Inc. No financial details were given. A statement noted that Pillr technology is a cloud native, multi-tenant MDR platform for Managed Service Providers (MSPs) that includes Managed Detection and Response and powerful threat-hunting capabilities. The...
Nigerian court adjourns Binance, executives' tax evasion trial to June 14
Nigerian court adjourns Binance, executives' tax evasion trial to June 14
May 22, 2024
ABUJA (Reuters) - A Nigerian court has adjourned a tax evasion case against Binance to next month for possible arraignment of the cryptocurrency exchange and two of its executives after a trial stalled on Wednesday, the judge said. The matter stalled because authorities failed to bring Tigran Gambaryan, a U.S. citizen and Binance head of financial crime compliance, to court....
Copyright 2023-2026 - www.financetom.com All Rights Reserved