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Here's your TMB Tech Minute for Monday, October 28th.

I'm Charlotte Gartenberg for the Wall Street Journal.

Indonesia has blocked Apple sales of the newest iPhone 16 handsets, citing the company's

non-fulfillment of local investment requirements.

State media reported that Indonesia's industry minister said the company's local unit,

P.T. Apple, Indonesia, is $240 billion rupee short of the $1.71 trillion

rupee, or about 109 million dollars, required to get the license to sell the iPhone 16s.

The band does not apply to other Apple products.

Apple did not immediately respond to a request for comment.

We exclusively report that startup Beyond Arrow has raised $20 million as it aims to make Blue

skies greener with hydrogen electric private jets.

This successful funding round is a vote of investor confidence that the French aerospace company

can make hydrogen-powered electric jets for companies and the ultra wealthy into a moneymaker.

Giant Ventures in French Sovereign Fund, BPI France, co-led the Series A financing round,

which also included capital from venture firms' initialized capital, Female Founders Fund, and 7% Ventures.

According to its co-founder and CEO, Beyond Errol will use the capital to accelerate the construction

of a plant in Toulouse, France where it is based.

The plant will build the hydrogen electric power trains that will propel its jets.

And turning to tech company earnings,

...