One of Apple's competitors in the mobile payment space sent out an email Wednesday telling users it had been breached.
CurrentC, which is a mobile payment system backed by the Mercantile Exchange (MCX), sent out an email to its pilot users stating that an unauthorized third party had obtained email addresses of some of its users, the MCX confirmed to CNBC in an email statement.
Apple has confirmed that it will never make a cheap iPhone.
Speaking at Recode's Code/Mobile conference, Apple product marketing executive Greg Joswiak delivered the bad news that Apple has no intention of chasing the budget market to compete with low-cost Android devices, dismissing speculation that the firm might one day release an affordable iPhone.
Most of us are already attached at the hip to our smartphones, so why not make them ever more useful in our daily lives? Apple seems intent on doing so by expanding use of near-field communication (NFC) to do more and more things.
NFC was just introduced to the latest iPhone and iPad models to facilitate the launch of Apple Pay, which allows users to charge a credit card or account by placing the device near a payment terminal, and Apple is currently rolling the feature out to more and more places around the world.
The failure of the Fire Phone has been widely cited as the reason for Amazon’s disastrous quarter, but a darker cloud has settled over the world’s biggest online retailer. The core of Amazon’s business—its original reason for being: selling books and other media—has grown wobbly. The problem: many people no longer want to buy stuff. They’d rather rent.
In April 2007, only diehard Broken Social Scene fans salivated when band member Leslie Feist released a solo album titled The Reminder. Sales were moderate for the first five months, reaching an average of 6,000 per week.
But that September, Apple released its most impactful ad since it unveiled the Macintosh. The spot had a simple concept: a pudgy iPod Nano laid flat against a white table, with a hand repeatedly removing it to reveal another Nano in another color. Each Nano showed the same music video—the song "1234" from Feist.