Apple

Apple
Apple’s NFC Move Ushers in New Era of POS Competition
August 15, 2024

Apple’s move to open up near-field communications (NFC) technology — specifically so that third-party developers can integrate NFC transactions — may turbocharge digital wallets’ momentum. As PYMNTS reported this week, beginning with its newest iteration of the company’s operating system — iOS 18.1 — developers...

Apple
Report: Apple Developing Robotics-Supported Display for Videoconferencing, Home Security
August 14, 2024

Apple is reportedly developing a device that combines an iPad-like display with a robotic arm, enabling it to perform tasks like adjusting to face the user during a video call. This is one of several projects the tech giant has undertaken as it aims to create...

Apple
Apple Gives Third Parties Access to Tap-and-Go Payments Tech
August 14, 2024

Apple says it is giving developers access to its near-field communication (NFC) technology. “Starting with iOS 18.1, developers will be able to offer NFC contactless transactions using the Secure Element from within their own apps on iPhone, separate from Apple Pay and Apple Wallet,” the...

Apple
Apple Requiring Patreon to Switch to In-App Purchase System
August 12, 2024

Major changes are ahead for creators on entertainment subscription platform Patreon. Beginning in November, Apple will require Patreon to use the tech giant’s in-app purchasing system and remove all other billing systems from the Patreon iOS app. As Patreon wrote in a news release Monday...

Apple
Apple Updates App Store Terms After Criticism From European Commission
August 08, 2024

Apple is changing its Digital Markets Act compliance plan in response to the European Commission’s accusation that the company is stifling competition on its App Store. “We’re introducing updated terms that will apply this fall for developers with apps in the European Union storefronts of...

Apple
Buffett’s Berkshire Hathaway Cuts Stake in Apple by Half
August 04, 2024

Billionaire investor Warren Buffett’s firm has reportedly cut its stake in Apple by half. As the Financial Times (FT) reported Saturday (Aug. 3), this reduction came as Buffett sold off $76 billion in stocks. His company, Berkshire Hathaway, reduced its Apple holdings by more than...

Apple
Report: Apple Tells WeChat Parent Tencent to Eliminate Payment Loopholes
August 02, 2024

Apple is reportedly pressuring the makers of China’s most popular apps — WeChat and Douyin — to stop allowing in-app creators to steer users to payment systems outside the Apple platform. The iPhone maker has threatened to reject updates to WeChat from Tencent Holdings and...

Apple
Apple’s Services Segment Grows, But AI Still Remains a ‘Show Me’ Story
August 01, 2024

Apple’s latest quarter showed some resilience in services growth – and management noted the potential for artificial intelligence (AI) to help transform the company’s efforts to build out its ecosystem. Investors bid the shares up by about 0.5% after hours — indicating what might be...

Apple
Apple Wants ‘Implausible’ iPhone Antitrust Case Thrown Out
August 01, 2024

Apple wants an antitrust case accusing it of dominating the smartphone market thrown out. The tech giant says the U.S. government’s suit “bears no relation to reality” and should be dismissed by a federal judge, Bloomberg News reported Thursday (Aug. 1), citing a court filing. The...