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UK government tries again to access encrypted Apple customer data: report

1. U.K. seeks access to encrypted iCloud data through a secret order. 2. Apple refused to create a backdoor for user privacy and security. 3. Previous U.K. attempts failed after negotiations influenced by U.S. officials. 4. Privacy advocates warn about global repercussions of compliance. 5. Apple was forced to disable Advanced Data Protection for U.K. users.

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FAQ

Why Bearish?

Apple's ongoing legal battles and privacy issues may deter investors, similar to past impacts on its stock during data privacy concerns.

How important is it?

The U.K. government's approach could affect Apple's reputation and sales in international markets, particularly in privacy-sensitive regions.

Why Short Term?

Immediate reactions might be seen in the stock price due to legal and privacy concerns surrounding Apple, as seen in prior instances.

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