Apple has agreed to open its mobile wallet tech to rivals, thus avoiding fines in Europe. The agreement, announced by the European Union (EU) Thursday (July 11), is binding for a decade, letting other companies use the technology free of charge. In doing so, Apple...
Apple has reportedly made concessions to end a European Union (EU) antitrust investigation into its mobile payments system. The tech giant will give its rivals more access to its contactless technology, thereby avoiding a fine, the Financial Times (FT) reported Tuesday (June 18), citing unnamed sources. Without commenting...
Nearly two years after its initial announcement and about eight months after its nationwide debut, Apple Pay Later is being discontinued. In the wake of that announcement, the company is charting its wider path, outlined just last week, toward offering a range of pay-over-time lending...
The first few days of Apple’s annual developer conference, stretching from Monday (June 10) to Friday (June 14), may seemingly be all about artificial intelligence. But a set of announcements Tuesday (June 11) highlights some key ways the tech giant is stretching the reach of...
July 12, 2024
For Apple, the iPhone and the App Store have historically been linchpins for its ecosystem — where the hardware is an onramp to a broad range of services that forge a continuum of commerce, content and payments. But Apple’s opening its payments tech and its App store to rivals in Europe, which seemingly loosens some […]
June 11, 2024
The first few days of Apple’s annual developer conference, stretching from Monday (June 10) to Friday (June 14), may seemingly be all about artificial intelligence. But a set of announcements...
April 15, 2024
Earnings season has begun, and at least initially, investors seemed nonplussed. Despite resilient consumer spending, inflation’s sticky too — and pressures are evident in the CE 100 Index, especially on...
April 10, 2024
For Apple — and as been seen already with Block (formerly Square) — the drive is to get consumers to spend the cash, rather than just bank it. Apple, of...
July 11, 2024
Apple has agreed to open its mobile wallet tech to rivals, thus avoiding fines in Europe. The agreement, announced by the European Union (EU) Thursday (July 11), is binding for a decade, letting other companies use the technology free of charge. In doing so, Apple ended an investigation by EU regulators, who said Apple was […]
June 18, 2024
Apple has reportedly made concessions to end a European Union (EU) antitrust investigation into its mobile payments system. The tech giant will give its rivals more access to its contactless technology, thereby...
June 11, 2024
Apple Pay users in the United States will be able to apply for buy now, pay later (BNPL) loans through Affirm during checkout. This is one of several new features...
June 11, 2024
Apple’s new iPhone update will include a new way for users to transmit funds. In addition to the various AI announcements the tech giant made at its Worldwide Developers Conference...
