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Apple CEO Tim Cook. Photo: Justin Sullivan / Getty Images

Apple CEO Tim Cook said Wednesday that if his company wanted to, they could make a ton of money by monetizing their customers and making them a product. But he said unlike other companies (like Facebook), Apple has elected not to do that.

"We're not going to traffic in your personal life. Privacy to us is a human right, a civil liberty."
— Tim Cook in an interview with Recode's Kara Swisher

The bottom line, from Axios' Ina Fried: Apple is trying to distance itself from its tech peers with its privacy stance, something made easier by the fact it makes its money from selling hardware (and to a lesser degree software and services) rather than from advertising.

In the same interview, Recode's Kara Swisher asked Cook that, if he were Facebook's Mark Zuckerberg — who's facing mounting pressure in the wake of the Cambridge Analytica data scandal — what would he do? Cook replied:

"What would I do? I wouldn’t be in this situation... We don't want porn on our App Store. We don't want hate speech on our App Store. We don't want the ability to recruit terrorists on our App Store."

Worth noting: Apple has been making this privacy argument for a while, and Cook and Zuckerberg have a history of trading barbs.

Go deeper

Updated 1 hour ago - Science

China launches first astronauts to new space station

The manned Shenzhou-12 spacecraft from China's Manned Space Agency onboard the Long March-2F rocket launches at the Jiuquan Satellite Launch Center in Jiuquan, Gansu province, China, on Thursday morning Beijing time. Photo: Kevin Frayer/Getty Images

China's Shenzhou 12 mission carrying three astronauts launched into orbit on Thursday morning Beijing time.

Why it matters: Astronauts Nie Haisheng, Liu Boming and Tang Hongbo are set to occupy China's new space station. This will be the country's longest crewed space mission ever and the first in almost five years.

Biden's two-step negotiating process

President Biden departs Geneva. Photo: Martial Trezzini/Pool/AFP via Getty

President Biden's summit "reset" was less about trying to make a friend out of Russia than reframing what the U.S. believes can be accomplished by engaging with President Vladimir Putin.

Driving the news: The Geneva meeting yielded no immediate breakthroughs beyond agreements about ambassadors returning to work and plans to launch talks on nuclear security. But in classic Biden fashion — aviators on, jacket off and a one-liner about invading Russia he had to clarify was a joke — the U.S. president used a post-summit news conference to explain his approach.

Scoop: NRCC to accept cryptocurrency donations

Illustration: Sarah Grillo/Axios

The Republicans' House campaign arm will begin accepting contributions in cryptocurrency, Axios has learned.

Why it matters: The National Republican Congressional Committee is the first national party committee to solicit crypto donations. That puts it at the forefront of a disruptive financial technology that could test campaign finance rules.

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