Apple

Apple
Apple Explores In-House Payments Processing, Financial Products
March 30, 2022

Apple is trying to bring more of its operations in-house, including developing its own payment processing tech and infrastructure to make future financial products with, Bloomberg wrote Wednesday (March 30). The report noted the idea is “ambitious,” citing sources familiar with the matter. It would...

Apple
Apple Launches $50M Education Fund for Supply Chain Workers
March 30, 2022

Apple is partnering with labor unions and education experts in a $50 million initiative to support workers across its supply chain. The iPhone maker’s Supplier Employee Development Fund will go toward career skills, education initiatives and workplace rights, Apple said in a press release on...

Apple
Apple’s 10th Antitrust Fine in The Netherlands Shows High Stakes at Play  
March 29, 2022

Apple has accumulated € 50 million in fines in the Netherlands for failing to comply with an antitrust decision from the Dutch competition authority. In December, the authority ordered Apple to adjust the conditions in its App Store to allow dating-app providers to use alternative...

Apple
Apple Now Faces $55M in Fines From Dutch Regulators Over Dating App Payments
March 28, 2022

The Authority for Consumers and Markets (ACM), the Dutch antitrust watchdog, has now hit Apple with €50 million ($55 million) in fines related to the tech giant’s failure to comply with an order to allow Netherlands-based dating app providers to use non-Apple payment methods. ACM’s...

Apple
Apple Slashing iPhone SE, AirPods, iPhone 13 Production
March 28, 2022

Apple will make about 20% fewer iPhone SEs next quarter than the tech giant had originally planned, a sign that consumer electronics demand has been lowered as the Russian attacks on Ukraine continue and escalating fears about global wars persist, according to a Nikkei Asia...

Apple
Dutch Regulator Says Apple Still Not Compliant on Dating App Payment
March 25, 2022

Apple will likely be smacked with another fine next week for not complying with an order by Dutch antitrust watchdog Authority for Consumers and Markets to fully open its App Store in the Netherlands to rival forms of payment for dating apps, according to a...

Apple
Apple Developing iPhone Hardware Subscription Service
March 24, 2022

Plans by Apple Inc. for a subscription service for the iPhone and its other hardware products that would allow people pay for their devices similar to a monthly app fee are “still in development,” people with knowledge of the situation told Bloomberg for its report...

Apple
Apple’s Latest Acquisition Hints at a Bite of BNPL and Cards Across the Pond
March 24, 2022

For Apple, the tech giant’s latest acquisition represents a move across the Pond to embrace buy now, pay later (BNPL), open banking — and perhaps put a tailwind under its Apple Pay. As reported Wednesday (March 23), Apple has bought U.K. open banking startup Credit...

Apple
Apple Proposes Solution to Dating App Violations Amid Fines
March 21, 2022

One month after a Dutch regulator levied another fine against Apple for its failure to provide alternative payment methods on its dating apps, the tech giant is still trying to settle the dispute, Reuters reported Monday (March 21). Apple has sent new proposals to resolve...