Apple reportedly reached a payments agreement with Chinese tech giant Tencent. The new arrangement will see Apple handle payments and take a 15% cut of purchases of mini games and apps from Tencent’s WeChat social media platform, Bloomberg reported Thursday (Nov. 13), citing unnamed sources....
Apple launched Digital ID, a new feature that lets users create and present an identification in Apple Wallet using information from their United States passport. The feature is debuting in beta at more than 250 Transportation Security Administration checkpoints across the U.S. for domestic air...
Apple reportedly wants to determine whether Apple Fitness+ is still a good fit for Apple. As Bloomberg News’ Mark Gurman wrote in his weekly column on the tech giant, the future of the app-based fitness platform is now under review, with Apple health head Sumbul...
Apple is reportedly nearing a $1-billion-per-year deal with Google to power its long-awaited Siri upgrade. That deal would give Apple access to a powerful 1.2 trillion parameter artificial intelligence (AI) model from Google, Bloomberg News reported Wednesday (Nov. 5), citing sources with knowledge of the...
Apple painted a picture of a resilient U.S. consumer heading into the holidays in its Q4 earnings. On Thursday (Oct. 30), the company said iPhone demand drove a record September and guided to what it called its “best quarter ever,” with CFO Kevan Parekh saying Apple...
Apple reportedly asked a judge Monday (Oct. 27) to dismiss a racketeering lawsuit brought by Fintiv. FinTiv, a digital payments solution provider, alleges the tech giant stole its technology to create the mobile wallet Apple Pay and engaged in racketeering by using Apple Pay to...
Stronger-than-expected demand for the new iPhone 17 series reportedly helped drive Apple’s market capitalization above $4 trillion on Tuesday (Oct. 28). Apple became the third public company to reach that milestone, following Nvidia and Microsoft, which both reached it in July, Bloomberg reported Tuesday. The...
Apple Pay and Apple Wallet are both gaining users and adding capabilities. Jennifer Bailey, vice president of Apple Pay and Apple Wallet, said during a Sunday (Oct. 26) keynote at Money 20/20 USA that Apple and its partner ecosystem are making it possible for users...
Apple is reportedly facing an antitrust lawsuit in China that centers on the company’s policies around app distribution and payments. A lawyer representing a group of 55 Chinese iPhone and iPad users filed a complaint with the country’s State Administration for Market Regulation, Reuters reported...