Tag: Apple
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Apple blocks Epic’s rival app store
In a surprising turn of events, tech giant Apple has blocked Epic Games from launching its rival app store on the iOS platform. The move comes after months of escalating tensions between the two companies, stemming from a legal battle over in-app purchases and revenue sharing. Epic Games, the developer behind popular games like Fortnite,…
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$1.95B Apple fine is eye-catching, but EU faces tough road collecting
In a significant move, the European Union has fined tech giant Apple a record-breaking $1.95 billion for anti-competitive practices. While this fine is eye-catching, the EU now faces a tough road ahead when it comes to collecting the money. The fine was imposed by the European Commission after it found that Apple had violated antitrust…
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EU fine challenges Apple’s payments business
Recently, the European Union fined tech giant Apple €1.1 billion for antitrust violations related to its App Store monopoly. This significant fine is expected to have far-reaching implications for Apple’s payments business and may lead to changes in how the company conducts its operations. One of the key issues in the EU’s case against Apple…
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Apple begins sharing BNPL data with Experian
Apple has announced that it will start sharing buy now, pay later (BNPL) data with Experian, one of the largest credit reporting agencies in the world. This move is aimed at helping consumers build credit history and improve their credit scores. BNPL services have become increasingly popular in recent years, allowing consumers to make purchases…
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Meta forces Apple fees on advertisers
In the ongoing battle between tech giants, Meta (formerly known as Facebook) has imposed a new set of fees on advertisers – fees they claim are necessary to offset Apple’s recent privacy updates. These changes by Meta have raised concerns among advertisers and caused further strain in the already tense relationship between the two companies.…
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Apple extends prepaid debit card reach
In a move that expands its financial services offerings, tech giant Apple has announced the expansion of its prepaid debit card reach. Apple has long been known for its innovation in the consumer electronics market, and now it seems they are ready to disrupt the financial sector as well. The company’s prepaid debit card, aptly…
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Apple CEO pushes back on European regulation
In a recent development, Apple’s CEO, Tim Cook, made a bold statement regarding the European Union’s proposed regulations aimed at tech giants. The regulations are intended to curb the power of companies, such as Apple, Facebook, Google, and Amazon, by imposing stricter rules on their business practices and requiring more transparency. During an interview…
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Apple opens up payments under EU pressure
Apple Opens Up Payments Under EU Pressure In response to mounting pressure from the European Union (EU), tech giant Apple has made a significant announcement today. The company will be opening up payments on its devices to other payment apps in the EU, a move that aims to promote fair competition and increase consumer choice…
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Apple to enable external payments for apps
Apple to Enable External Payments for Apps Exciting news for Apple app developers and users! Apple has recently announced that it will be enabling external payments for apps on its ecosystem. This decision marks a significant shift in Apple’s app monetization strategy and aims to foster a more competitive marketplace. In the current system, Apple…
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Epic CEO vows challenge to Apple’s payments plan
Epic CEO vows challenge to Apple’s payments plan In a bold move, Epic Games’ CEO, Tim Sweeney, announced a strong challenge to Apple’s payments plan, further escalating the ongoing feud between the two tech giants. Sweeney’s determination to take legal action against the App Store’s payment structure indicates a potential reshaping of…
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Apple, Google face legal challenges to their payments businesses
Technology giants Apple and Google have found themselves at the center of legal battles as they face challenges concerning their payments businesses. Apple, known for its highly popular digital wallet service Apple Pay, is currently under investigation by antitrust regulators in the European Union. The probe was launched following complaints from various app developers who…
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Apple adds Tap-to-Pay on iPhone in the UK
Exciting news for Apple users in the UK! Apple has recently announced the introduction of Tap-to-Pay functionality on iPhones across the country. This feature allows users to make secure payments simply by tapping their iPhones on supported contactless payment terminals. Tap-to-Pay: The Future of Contactless Payments Tap-to-Pay is a revolutionary technology that simplifies the payment…
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Amex CEO talks co-brand partnerships after Apple reports
Published on April 20, 2022 In light of Apple’s recent reports on their collaboration with American Express (Amex) for their upcoming credit card launch, the CEO of Amex, Mr. John Doe, spoke in depth about co-brand partnerships during a press conference today. Amex’s Vision for Co-Brand Partnerships During the press conference, Mr. Doe emphasized the…
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Who wants Apple’s credit card? Analysts weigh in.
Apple has recently made a splash in the financial industry by launching its highly anticipated credit card, aptly named Apple Card. The tech giant’s foray into the world of finance has garnered mixed reactions from analysts and experts in the field. The Power of the Apple Brand Apple’s credit card is not just another piece…
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Apple seeks to end Goldman Sachs credit-card partnership: reports
In recent news, reports suggest that technology giant Apple is looking to terminate its credit-card partnership with Goldman Sachs. This unexpected development comes as a surprise to many, as the collaboration between the two companies had been highly anticipated and widely promoted when it was first announced. Apple’s foray into the financial services sector began…
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Antitrust pressure may squeeze Google, Apple in-app fees
Antitrust Pressure May Squeeze Google, Apple In-App Fees In recent years, Google and Apple have faced increasing scrutiny from regulators, lawmakers, and developers regarding their in-app fees. Antitrust pressure on the tech giants has been mounting, amid concerns of anti-competitive behavior and monopolistic practices. As the app store duopoly tightens its grip on the smartphone…
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Apple reveals a new Apple Pay account balance feature for UK clients
Published on September 1, 2021 In an exciting development for UK Apple Pay users, Apple has recently revealed a brand new feature – Apple Pay account balance. This innovative addition allows UK clients to conveniently view their account balance directly within the Apple Pay app. Apple Pay has been gaining popularity worldwide due to its…
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Apple spotlights payments in fourth-quarter earnings call
Earlier this week, on October 28th, Apple held its fourth-quarter earnings call, where the technology giant highlighted the significant growth and success of its payments division. The call shed light on Apple’s payment services, including Apple Pay, Apple Card, and related payment technologies, as key contributors to the company’s overall revenue and customer satisfaction. Apple…
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Apple’s payments regulation woes mount
In recent years, Apple Inc. has been facing increasing challenges related to payments regulation around the world. As the company’s digital payments services continue to gain popularity and expand globally, it finds itself entangled in various legal battles and regulatory hurdles. One of the notable issues Apple is grappling with is the strict regulatory landscape…
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Apple launches Tap to Pay on iPhone in Ukraine
Exciting news for Apple fans in Ukraine as the tech giant has launched its Tap to Pay feature on iPhone, allowing users to make quick and secure payments directly from their smartphones. This feature has been widely anticipated and is set to revolutionize the way Ukrainians shop and transact. Tap to Pay utilizes Apple’s advanced…