Apple is close to announcing an acquisition of the social network Path, according to a report from PandoDaily, in an attempt to bolster its social offerings. According to a lone-source said to be placed within Apple’s engineering team: “It’s almost done, if not signed already, but it’s essentially a done deal.” Read More
In a last-minute scoop, Bank Innovation reports that it has learned that both Square and PayPal have been working with Apple on its mobile payment solution. Sources tell the site that both companies have been aware of Apple’s so-called ‘iWallet’ payments initiative for a while now, and are updating their services to support it. Read More
It sounds like U2 is going to be involved in tomorrow’s festivities after all. Citing sources familiar with the matter, The New York Times is reporting this evening that the popular rock band will be performing at Apple’s iPhone 6 event tomorrow, and even says that it will reveal an integration with Apple’s products that is connected to its next album. Read More
Apple is working on a rewards program for its upcoming mobile payment service, according to a new report from Bank Innovation. Citing sources familiar with the matter, the site says the company has been talking with the InterContinental Hotels Group (Holiday Inn, Crown Plaza, etc.) about a possible loyalty partnership.
Additionally, the outlet points out that Apple has recently posted a job opening for a Senior World Wide Partner Marketing Manager. While the title seems ambiguous, the person in this position would be tasked with creating training materials for external partners with the purpose of aiding customer adoption of “new features.” Read More
Bank Innovation is out with a new report this evening, claiming that Apple will be utilizing tokenization technology in conjunction with NFC in its upcoming mobile payment service. Token tech is a favorite amongst financial institutions, as it’s considered to be extremely secure.
How it works is that instead of transmitting account and credit card numbers, tokenization sends complex codes over the air between devices. These codes are only used one time, so even if they are intercepted by a third-party with the intent of fraud, they would be of no use. Read More
9to5Mac’s Mark Gurman is out with a new scoop this evening regarding Apple’s incoming wearable. Citing sources familiar with the project, the well-connected blogger reports that the so-called iWatch will feature support for third-party applications.
In fact, Gurman says that the device will come equipped with an App Store, and apparently a handful of developers have already received a pre-release of the SDK (developer tools). This group includes major social networks, and service companies. Read More
A new video and several photos of a purported working iPhone 6 have surfaced on Weibo today. The photos and video show what’s believed to be an authentic 4.7 inch iPhone 6, sporting a new wallpaper as well as a new Passbook icon. Even though it is hard to confirm the authenticity of this device, it does seem to show some hints of legitimacy. Read More
TechCrunch is out with a late report this evening regarding Apple’s supply chain movements ahead of next week’s iPhone event. The outlet claims that it has once again taken over a majority of the shipping space out of China, likely to help move its new handsets.
In fact, Apple’s shipping volume is apparently so high right now, that it’s begun displacing shipments from other manufacturers. TC’s Matthew Panzarino says that shippers, such as FedEx and UPS, are so booked up, it’s causing delays for other major device makers. Read More
Recode reports that Apple has signed on the country’s two largest pharmacy chains—CVS and Walgreens—to participate in its new mobile payment service. The company is expected to unveil the service, alongside two new iPhones, at a media event in Cupertino next week.
This is a big deal for a few reasons. For one, CVS and Walgreens have a combined total of over 15,000 retail locations, giving Apple’s new payment service a significant initial footprint. And two, due to the nature of their business, they tend to see a high rate of transactions. Read More
The Information is out with a new scoop this afternoon, offering up some last-minute details on the so-called iWatch. Most of the report corroborates previous chatter, regarding what the device will look like and do, but it does bring a new topic to light: battery life.
According to the site’s Jessica Lessin, people with knowledge of the project have set low expectations for the iWatch’s battery life. These sources say that the uptime on the wearable will be “disappointing,” although Lessin does say that Apple could be sandbagging. Read More
Bank Innovation shares some new details on Apple’s mobile payments project this afternoon, reporting the company has managed to negotiate deals for lower credit card transaction fees with several banking institutions. This includes JP Morgan Chase, Citigroup, Capital One, and Bank of America.
Citing sources familiar with the negotiations, the site says that the banks have all agreed to give Apple a flat transaction rate for both in-store and online purchases, which is fairly uncommon in the industry. They will also apparently give the Cupertino firm a 10% discount on all of its processing fees. Read More
Some interesting rumors began bouncing around the tech world earlier today regarding popular Irish rock band U2 and Apple’s big media event next week. The chatter has ranged from the iPhone 6 coming preloaded with the band’s new album, to it performing live after the keynote.
Much of the speculation seems to stem from U2’s secret video shoot in Dublin last week. According to The Sunday Times, the group closed down Samuel Beckett Bridge for the recording and placed black sheets around the set to prevent the public from seeing what they were shooting. Read More
Financial blog Bank Innovation is reporting this afternoon that Apple is in talks with upscale fashion retailer Nordstrom to be one of the early merchant partners for its new mobile system, according to sources with knowledge of the discussions.
It may even already be a done deal. Citing anonymous Nordstrom employees, the outlet says that the department store chain updated its POS (point of sale) terminals a few weeks ago in order to be compatible with the “most recent” iPhone models. Read More
Recode is reporting this morning that Apple has struck a deal with American Express, to work together on its new iPhone payments system. Citing sources familiar with the talks, the site says AmEx is just one of the many credit card firms the company has been talking to for the project.
Apple’s new payments system is expected to allow iPhone 6 owners to pay for things at brick-and-morter stores using the handset. It’s believed that the system will utilize NFC technology, and Recode’s sources say that Apple’s Touch ID tech will be involved in the process at some point. Read More
The Financial Times is reporting this morning that Apple has tapped Dutch chipmaker NXP to produce NFC chips for the upcoming iPhone 6. Citing several people familiar with the project, the site claims the secure, short-range wireless technology will facilitate transactions in a new mobile payment service.
The report doesn’t add much in the way of new details, but it does corroborate with the ongoing consensus that after shunning the technology for several years, Apple has finally decided to add NFC to its handsets. Wired and Recode had similar scoops yesterday, as did well-connected blogger John Gruber. Read More
Apple this morning sent out invitations for a media event on September 9th, where the company is expected to unveil the iPhone 6 and a new wearable device. We’ve heard conflicting theories on whether or not we’ll see one or two new handsets on stage, but a new report out this afternoon suggests the former.
According to website GforGames, “informed sources” are telling Chinese media outlets that only the 4.7-inch version of the iPhone 6 will make an appearance at the event, alongside a new 5s model with 8GB of storage. Apparently the larger 5.5-inch iPhone will make its debut later this year in limited quantities. Read More
Apple must be planning big announcements for the September 9th media event that members of the press just got an invite to. Not only is the capacity of the Flint Center much larger than Apple’s usual product unveiling venues, but the Cupertino-based company is constructing its own building on the Flint Center grounds as part of the event. Read More
Apple has plans to launch a wearable, presumably the iWatch, at its September media event alongside two new versions of the iPhone, according to John Paczowski at ReCode. The iWatch was thought to be delayed until an October event, giving Apple more time to finalize its plans, however well plugged-in Paczowski claims the Cupertino-based company has moved up its timeline. Read More
There have been rumors swirling for years that Apple will finally bring NFC to the iPhone, and if the schematics of a leak from last week hold true, the iPhone 6 may be the first to hold the communications technology. A MacRumors forum member examined bare logic boards claimed to ship with the iPhone 6, and have found leaked NFC chips fit perfectly. Read More
Bloomberg is reporting this afternoon that Apple is preparing a larger 12.9-inch iPad for early next year. Citing people with “knowledge of the matter,” the outlet says that the company’s suppliers are gearing up now, with production of the tablet scheduled to begin by the first quarter of next year.
The report revives a theory that has been bouncing around the rumor mill for more than a year now. Apple was originally expected to launch the 13-inch “iPad Pro” this fall, but is believed to have pushed back the project due to resources being used on the so-called ‘iWatch,’ and the new iPhone 6.