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Mac OS Ken

Dropping the NameDrop Hysteria - MOSK: 11.28.2023

Mac OS Ken

Ken Ray

Technology

4.7996 Ratings

🗓️ 28 November 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

- Foxconn Plans New US$1.5B Investment in India - Apple Pay and Google Pay Likely to Fall Under New Regulation in Australia - Varjo Headset Puts Apple Vision Pro Price in Context - Samsung Files Puzzling XR Trademark in UK - The Sudden, Senseless Worry Over Namedrop - Chat with us in Patreon for as little as $1 a month. Support the show at Patreon.com/macosken - Send me an email: info@macosken.com or call (716)780-4080!

Transcript

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0:00.0

This is Mac OSKIN.

0:05.0

Fox-Con has big plans in India.

0:10.0

Australia moves ahead on regulating digital payment platforms and dropping

0:17.2

the name-drop hysteria. It is Tuesday, the 28th of November, 2023.

0:24.0

I'm Ken Ray, and this is news from Maco West Ken,

0:30.0

brought to you by yours truly and supported by people like you patrons through

0:36.4

Patreon find out more and at your support at patreon Patreon.com slash Maco-S camp.

0:47.0

While Apple is not FoxCon's only client,

0:50.0

it was a big story Monday about the contract manufacturer that seemed tailor-made for the

0:55.6

Coppertino company.

0:57.6

According to a piece from CNBC, FoxCon is investing 1.5 billion with a B dollars for something in India.

1:08.3

According to the report, the money is marked for an unspecified building project to fulfill its operational needs.

1:15.0

The NBC says the investment was made through a FoxCon subsidiary,

1:20.0

Han High Technology India, mega development development which totally sounds made up I mean it is but it

1:28.4

sounds like it the assumption in the CNBC piece seems to be that the money will go toward more manufacturing capacity for FoxCon on the subcontinent.

1:39.0

That said, CNBC points out that no details were offered besides fulfilling operational needs.

1:46.8

To this point, FoxCon has not responded to CNBC's request for comment. Australia's plans to regulate digital payment platforms like Apple Pay and Google Pay

1:58.3

are closer to reality.

2:00.7

We first heard this story in mid-October.

2:03.2

Back then, Australia's ABC News said such payment systems would likely be governed by the same

2:09.2

rules as credit cards and EFTs at point of sale.

2:13.6

The report had Australian treasurer Jim Chalmers indicating that the regulations would

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