Apple has acquired the startup Mobeewave that could turn iPhones into payment terminals. The startup technology allows users to tap their credit card or smartphone to another mobile terminal/smartphone for professing the payment.
Yesterday, Apple announced its financial results for the third quarter of the fiscal year 2020. The company defied the COVID-19 pandemic situation and posted strong numbers, thanks to higher sales of iPads and Macs. Hot on the heels of its impressive revenue and profit numbers, Apple has now become the world’s most valuable company, dethroning Saudi Aramco.
Apple has launched a new gift card for customers in the United States that can be used for purchasing anything from the company. The gift card can be used not only for purchases on the App Store and subscribing to various Apple services, but it can also be used towards the purchase of Apple products like iPhones, iPads, Macs, etc.
It was long been rumored that Apple will eventually shift from Intel processors to its own chipsets. The move was confirmed last month when the company announced its plans to move Macs to its own ARM-based Apple Silicon. Now, the company has suggested that it won’t sell its in-house processors to other brands.
The ongoing COVID-19 pandemic has affected most brands around the world, but Apple has somehow managed to defy it with strong sales and record revenue during the third fiscal quarter of this year. Now, the iPhone maker announced its earnings for Q3 2020.
Apple has now been subjected to another anti-trust complaint in the EU, this time from Telegram. In their complaint, the developers of Telegram claim that Apple is limiting competition by not allowing users to download apps from outside of the App Store.
During the Big Tech CEO’s congressional hearing earlier today, Apple’s CEO Tim Cook was quick to reject the notion that Apple does not treat every developer in the same way. However, emails released as a part of the congressional hearing on Wednesday paint a different picture, with Apple making an exception for Amazon to gets the Prime Video app on Apple TV and its iOS devices.
A Bloomberg report details that all of Apple’s newest services have failed to pick up steam among consumers despite its best efforts.
A Bloomberg report from last week detailed that SoftBank was looking to at least partially sell Arm Holdings. A new report has now shed light on SoftBank approaching Apple to see if it would be interested in acquiring Arm.