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Cake day: June 21st, 2023

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  • Apple told the regulators that implementing the changes would mean it won’t be able to “meet the PLI targets,” minutes from the meeting state. PLI, India’s Production-Linked Incentive scheme, is a major project of Prime Minister Narendra Modi, providing manufacturers with financial incentives for investments and incremental annual phone sales.

    The use of USB-C in the iPhone 15 means Apple meets the criteria for the rules with its current-gen hardware. However, the bulk of its sales in India are based around older iPhone generations.

    Apple says it can comply with a timeline for compliance by June 2025 if existing models are exempted from the rules. Otherwise, it would need another 18 months beyond 2024 if there isn’t an exemption.














  • Nurgle@lemmy.worldtoMemes@lemmy.mlOof ouch owie
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    1 year ago

    College is very expensive in the US, with the average “in-state” school costing $26K/yr for someone who lives on campus and $56K/yr for a private institution. Since a majority of undergraduates are teenagers with virtually no savings, they take on loans to pay for college. Also unlike traditional loans where you can declare bankruptcy, these loans are very difficult to get forgiven.

    There obviously a lot more to it, but that’s the gist in three sentences.