Apple has updated its internal business conduct guidelines to formally ban employees from using non-public company information on prediction markets. The policy update addresses the growing popularity of online betting platforms where users wager on the outcomes of tech events and corporate decisions.
With anticipation consistently surrounding major announcements, including upcoming iPhone hardware and software updates, these prediction platforms often feature markets tied to Apple's secret roadmaps. The revised rules strictly prohibit workers from using their insider knowledge to place wagers or inform others who participate in these markets.
The policy shift reinforces Apple's existing confidentiality standards, ensuring proprietary data regarding future products, features, and event dates cannot be exploited for financial gain.
For full details regarding the policy update, please check the original report on 9to5Mac.
