Apple news

American technology company that manufactures consumer electronics such as the iPhone and the Mac personal computer.

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Apple Announces New Services; Will They Help Its Ailing Stock?

Tech giant Apple is bringing new programs and services to the table. Time to Read Up Through a livestream hosted by CEO Tim Cook, audiences were introduced to Apple News+, an extension of the already popular Apple News. Apple News+ will bring over 300 magazines to users, covering topics like entertainment, news, politics and travel. Users will receive personalized news feeds based on their previous reading habits. Among the app’s primary offerings are the live covers that will feature moving images and the “today tab,” which offers all the latest and most recent articles for users to examine. Apple News+ The post Apple Announces New Services; Will They Help Its Ailing Stock? appeared first on CCN
CCN

Apple is falling after unveiling its credit card and streaming service (AAPL)

Apple fell Monday after the company made a series of announcements at a special event at its Steve Jobs Theater in California. The company unveiled a widely expected streaming service to compete with the likes of Netflix. Apple also announced a new gaming service and a physical credit card called the Apple Card. Watch Apple trade in real-time. Apple shares fell nearly 2% Monday afternoon as the company unveiled a series of new offerings, including its widely anticipated streaming-television service, at a special event in Cupertino, California. The iPhone giant's announcements included a new gaming service, a physical credit card in partnership with Goldman Sachs, and a streaming service to compete with the likes of Netflix.  Apple also unveiled Apple News+, its new magazine service, which will include digital outlets and newspapers. The news comes as the Tim Cook-led tech company moves to ramp up its services business amid slowing iPhone sales. In the fourth-quarter, Apple recorded its biggest iPhone sales decline in nearly three years, according to Gartner data. The company's forecast for second-quarter sales was also grim, coming in at came in at the low end of expectations.  Apple was up 19% this year, including Monday's loss. However, its down about 19% from its record high set in October.    Now read more Apple coverage from Markets Insider and Business Insider: LIVE: Apple unveils its vision for the future of television Apple's rumored Stamp lay acquisition will bolster its payment products 'Apple will be next:' Google's big plan to upend the video game industry could be a 'preemptive strike' against Apple, analyst says Join the conversation about this story » NOW WATCH: The founder and CIO of $12 billion Ariel Investments breaks down how his top-ranked flagship fund has crushed its peers over the past 10 years
Business Insider

Apple Card: 7 key takeaways

Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of key features from the most successful brands in payments and technology.
American Banker

5 Things You Need to Know About Apple’s New Credit Cardapple-cardampressman

Hoping to move more even deeply into the financial lives of its customers, Apple on Monday unveiled its own iPhone-oriented credit card, called the "Apple Card." The card, created in partnership with Goldman Sachs and Mastercard, comes with some features that set it apart from traditional credit cards like a lack of a visible credit card number. But it also has some features that most people are well familiar with such as cash back. In a particularly Apple touch, customers can apply for the card on an app on their phones. It will be available this summer, Apple said. The card is tied closely into Apple Pay, the company’s digital wireless payments system. That makes it easy for customers to use the card for payments with all their Apple devices and for purchases both in retail stores and online. Here are five important things you should know about the new Apple Card: This isn’t your father’s credit card Yes, this is a physical credit card – albeit made of all-white, engraved titanium. But it doesn't have a number or expiration date printed on it. Get money back Like many other rewards cards, users will get a 2% rebate on spending with the new card through the Apple Pay app and 1% back when using its as a physical card. Customers will get 3% back on purchases from Apple. But customers won't have to wait long to spend the rebates. Apple said they would be available immediately on an accompanying app for use on new purchases, to pay down a credit card balance, or even to transfer to other people using Apple Pay. No fees Apple didn't say what the interest rate would be on the new card. Apple aapl did say that the card will have no annual fee, no late fees, no over-limit fee, and no international fees. Apple has previously offered a more typical branded Visa card in partnership with Barclays. That card also has no annual fee and lets users accumulate rewards points that can be redeemed for Apple gift cards. But otherwise, it more resembles a typical credit card, with late fees and other extra charges. Privacy protection Apple said it would provide more privacy protection than typical credit cards. The company said it wouldn't know where customers spend, how much they spend, or what they buy. Goldman Sachs gs would have that data and wouldn’t sell that information to third parties for marketing or advertising. Better spending data The new card will come with an app that provides highly detailed information about the users’ finances. Using data from Apple Maps, the app will show exactly where and when every transaction occurred instead of a traditional credit card statement. The app will "transform this mess into names and locations that you'll recognize," Apple vice president Jennifer Bailey said. The app will compile the information while processing all financial data on each user’s device. No data would flow to Apple’s servers, the company said.
Fortune

Apple is falling after unveiling its credit card and streaming service (AAPL)

Apple fell Monday after the company made a series of announcements at a special event at its Steve Jobs Theater in California. The company unveiled a widely expected streaming service to compete with the likes of Netflix. Apple also announced a new gaming service and a physical credit card called the Apple Card. Watch Apple trade in real-time. Apple shares fell nearly 2% Monday afternoon as the company unveiled a series of new offerings, including its widely anticipated streaming-television service, at a special event in Cupertino, California. The iPhone giant's announcements included a new gaming service, a physical credit card in partnership with Goldman Sachs, and a streaming service to compete with the likes of Netflix.  Apple also unveiled Apple News+, its new magazine service, which will include digital outlets and newspapers. The news comes as the Tim Cook-led tech company moves to ramp up its services business amid slowing iPhone sales. In the fourth-quarter, Apple recorded its biggest iPhone sales decline in nearly three years, according to Gartner data. The company's forecast for second-quarter sales was also grim, coming in at came in at the low end of expectations.  Apple was up 19% this year, including Monday's loss. However, its down about 19% from its record high set in October.    Now read more Apple coverage from Markets Insider and Business Insider: LIVE: Apple unveils its vision for the future of television Apple's rumored Stamp lay acquisition will bolster its payment products 'Apple will be next:' Google's big plan to upend the video game industry could be a 'preemptive strike' against Apple, analyst says Join the conversation about this story » NOW WATCH: The founder and CIO of $12 billion Ariel Investments breaks down how his top-ranked flagship fund has crushed its peers over the past 10 years
Business Insider
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Apple news by Finrazor

OPINION

Real Use Case of Blockchains

Matthew Di Ferrante, a developer at Ethereum Foundation, talks about the real use case of blockchains. To give our readers a perspective on this matter, Finrazor further provides an overview of current adoption of blockchains at enterprise level.

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HIGHLIGHT

Opinions: What Apple and Samsung Think About Crypto

The blockchain quickly transforms and develops. Similar processes were also taking place with technology companies. After 2001, Apple improved the Mac OS, introduced the iPod, iBook, which led to a gradual recovery of shares after the collapse of the dot-com bubble. Let’s see what Apple thinks about crypto

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DIGEST

New rules for regulation of crypto exchanges

Women in Afghanistan will use ETH, the Binance's account is hacked, Binance will allow fiat-crypto trading, The Moscow Exchange is preparing for ICOs, South Korea announced new regulation rules, Tron bought BitTorrent, Apple is against mining, Tezos will have fork before launch.

Read more
DIGEST

Centra Tech's founders are sentenced to jail, Marc O’Brien joined Crypterium, ETF is launhed, Jack Dorsey’s opinion, Binance adds TrueUSD, China published its crypto rating, electricity consumption, Sberbank used Hyperledger Fabric blockchain, Microsoft joins the crypto ban, JP Morgan talks about crypto, Wozniak supports blockchain, ETH futures, Taihuttu still holds BTC, IBM’s token, crypto education in France

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Tron is Now Available for Trading on the eToro Platform

Tron (TRX) was added to the social trading platform eToro. More than 100 million registered users will have access to one of the largest cryptocurrencies in the market. […] The post Tron is Now Available for Trading on the eToro Platform appeared first on UseTheBitcoin.
Use The Bitcoin

eToro Acquires Smart Contract Infrastructure Provider FirmoImage via eToro, Facebook

Social trading and multi-asset brokerage company eToro has acquired Firmo, a smart contract infrastructure provider, for an undisclosed amount, eToro announced on Monday. The company said the acquisition aims to bring it “one step closer to becoming the first truly global service provider allowing people to trade, invest and save.” The Firmo team will act […] The post eToro Acquires Smart Contract Infrastructure Provider Firmo appeared first on Coinjournal.
CoinJournal

eToro Signals Tokenized Future with Acquisition of Smart Contract Infrastructure Provider Firmo

Coinspeaker eToro Signals Tokenized Future with Acquisition of Smart Contract Infrastructure Provider FirmoGlobal multi-asset investment platform eToro has today announced that it has acquired Firmo, for an undisclosed amount. Firmo enables smart contracts for derivatives to be securely enabled on any major blockchain.Commenting on the news Yoni Assia, Co-founder and CEO of eToro, said:“The acquisition of Firmo will enable eToro to accelerate the growth of our tokenized assets offering.  Blockchain and the tokenization of assets will play a major role in the future of finance. We believe that in time all investible assets will be tokenized and that we will see the greatest transfer of wealth ever onto the blockchain.”eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. While this core vision remains the same, new technology namely blockchain, means that the eToro business has, and will continue to, evolve.Yoni Assia continued:“While our expansion has been largely organic to date, as the eToro business continues to grow we are on the lookout to acquire businesses which will help us stay at the forefront of fintech innovation. We believe that the market is particularly exciting at the moment.”The Firmo team will act as an internal innovation unit tasked with bringing to life the goal of tokenizing all assets on eToro. This will involve research and development of infrastructure for the representation of assets and the execution of trade processes on blockchain infrastructure.Dr. Omri Ross, CEO and Founder of Firmo, said:“The advent of crypto and the blockchain technology that underpins it has driven an explosion in financial innovation, however, a number of challenges are preventing mass adoption and integration into legacy infrastructure.  Our goal is to enable our users to trade any asset globally with instant settlement by tokenizing assets and executing all essential trade processes on the blockchain.” Firmo’s underlying technology provides a platform to securely deploy financial contracts and can work with any blockchain. They have developed a formally verified, domain-specific contract language ‘FirmoLang’ which, with the support of Firmo’s compiler can be translated onto a number of blockchain platforms such as Ethereum, EOS or NEO.Yoni Assia said:“The Firmo team has done ground-breaking work in developing practical applications for blockchain technology which will facilitate friction-less global trading. The adoption of smart contracts on the blockchain increases trust and transparency in financial services. We are incredibly proud and excited that they will be joining the eToro family. We believe that together we have a very bright future and look forward to pursuing our shared goal to become the first truly global service provider allowing people to trade, invest and save.”About eToroeToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. The eToro Group consists of the eToro platform, our multi-asset trading and investment venue, and eToroX, which manages our crypto wallet and forthcoming exchange.The eToro platform enables people to invest in the assets they want, from stocks and commodities to cryptoassets. We are a global community of more than ten million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want.As technology has evolved, so has our business. In 2018, we created eToroX, our digital asset subsidiary. eToroX provides the infrastructure, in the form of a crypto wallet and the forthcoming exchange, that supports our commitment to facilitating the evolution of tokenized assets. We believe that leveraging blockchain technology will enable us to become the first truly global service provider allowing everyone to trade, invest and save.eToro Signals Tokenized Future with Acquisition of Smart Contract Infrastructure Provider Firmo
Coinspeaker

5 Things You Need to Know About Apple’s New Credit Cardapple-cardampressman

Hoping to move more even deeply into the financial lives of its customers, Apple on Monday unveiled its own iPhone-oriented credit card, called the "Apple Card." The card, created in partnership with Goldman Sachs and Mastercard, comes with some features that set it apart from traditional credit cards like a lack of a visible credit card number. But it also has some features that most people are well familiar with such as cash back. In a particularly Apple touch, customers can apply for the card on an app on their phones. It will be available this summer, Apple said. The card is tied closely into Apple Pay, the company’s digital wireless payments system. That makes it easy for customers to use the card for payments with all their Apple devices and for purchases both in retail stores and online. Here are five important things you should know about the new Apple Card: This isn’t your father’s credit card Yes, this is a physical credit card – albeit made of all-white, engraved titanium. But it doesn't have a number or expiration date printed on it. Get money back Like many other rewards cards, users will get a 2% rebate on spending with the new card through the Apple Pay app and 1% back when using its as a physical card. Customers will get 3% back on purchases from Apple. But customers won't have to wait long to spend the rebates. Apple said they would be available immediately on an accompanying app for use on new purchases, to pay down a credit card balance, or even to transfer to other people using Apple Pay. No fees Apple didn't say what the interest rate would be on the new card. Apple aapl did say that the card will have no annual fee, no late fees, no over-limit fee, and no international fees. Apple has previously offered a more typical branded Visa card in partnership with Barclays. That card also has no annual fee and lets users accumulate rewards points that can be redeemed for Apple gift cards. But otherwise, it more resembles a typical credit card, with late fees and other extra charges. Privacy protection Apple said it would provide more privacy protection than typical credit cards. The company said it wouldn't know where customers spend, how much they spend, or what they buy. Goldman Sachs gs would have that data and wouldn’t sell that information to third parties for marketing or advertising. Better spending data The new card will come with an app that provides highly detailed information about the users’ finances. Using data from Apple Maps, the app will show exactly where and when every transaction occurred instead of a traditional credit card statement. The app will "transform this mess into names and locations that you'll recognize," Apple vice president Jennifer Bailey said. The app will compile the information while processing all financial data on each user’s device. No data would flow to Apple’s servers, the company said.
Fortune
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