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Apple’s Tim Cook signed $275 billion deal with Chinese officials to placate China

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© Reuters.

(Reuters:) Apple Inc (NASDAQ 🙂 The Chief Executive Tim Cook reached an agreement with Chinese officials to end threats that could have hampered its products and services in China. The arrangement is valued at approximately $275 billion. The Information reported this Tuesday, citing internal Apple documents and interviews.

Apple has not yet responded to Reuters’ request for comment.

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