{
  "id": 18028871,
  "title": "Apple now explicitly bans employees from using confidential information in prediction markets",
  "url": "https://urgent.news/2026/11/03/apple-now-explicitly-bans-employees-from-using-confidential",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T21:58:58.000Z",
  "source": {
    "name": "9to5Mac",
    "slug": "9to5mac",
    "url": "https://9to5mac.com/2026/11/03/apple-now-explicitly-bans-employees-from-using-confidential-information-in-prediction-markets/"
  },
  "original_language": "en",
  "account": "Apple has updated its insider trading policy to explicitly forbid employees from using confidential information to bet on prediction markets. After releasing its fiscal Q4 2026 earnings report, the company published its fiscal 2026 Form 10-K, an annual SEC filing detailing the company's financials, operations, and risks. The updated policy now includes a new clause: \"No Trading in Prediction Markets Based on Confidential Information.\" Employees must refrain from participating in prediction markets or similar platforms to wager on future events using Apple Confidential Information (ACI) about the company or its partners. This prohibition applies even if the activity doesn't count as insider trading under existing laws. Apple defines ACI as material nonpublic information, including data from co-suppliers, manufacturers, vendors, customers—like cellular network carriers. While prediction market terms often ban this practice, enforcement has been difficult. Apple's new policy explicitly extends existing restrictions to prediction markets, making it clear that using ACI for betting is prohibited. The company's full 2026 Form 10-K is available on its Investor Relations page.",
  "summary": "Apple has updated its insider trading policy to explicitly prohibit employees from using confidential information to bet on prediction markets. Here are the details. more…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "CNBC",
        "title": "Apple's John Ternus faces early test as global memory crisis hurts profits",
        "url": "https://urgent.news/2026/11/03/apples-john-ternus-faces-early-test-as-global-memory-crisis-hurts",
        "published": "2026-11-03T12:10:31.000Z"
      },
      {
        "outlet": "Global News",
        "title": "Stock markets shaky ahead of U.S. midterm election as Apple faces pressure",
        "url": "https://urgent.news/2026/11/03/stock-markets-shaky-ahead-of-u-s-midterm-election-as-apple-faces",
        "published": "2026-11-03T15:45:16.000Z"
      },
      {
        "outlet": "AppleInsider",
        "title": "Apple officially restricts employee participation in prediction markets",
        "url": "https://urgent.news/2026/11/03/apple-officially-restricts-employee-participation-in-prediction",
        "published": "2026-11-03T22:24:36.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}