Apple (AAPL), Meta face encryption challenge from Canadian bill

AI Summary

Apple (AAPL) and Meta have expressed concerns regarding a proposed Canadian bill that could lead to a reduction in encryption measures. While specific provisions of the bill were not detailed, both companies highlighted potential impacts on user privacy and data security. The implications of this legislation could affect how these firms operate within Canada, potentially influencing their market strategies and consumer trust. This development follows global trends of regulating digital privacy, an area both companies are actively engaged in defending.