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Apple Card Launches for All U.S. iPhone Users

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Apple Card is now available to all U.S. iPhone owners.

Following an invite-only launch earlier this month, Cupertino on Tuesday announced expanded applications for its Goldman Sachs-backed MasterCard.

Compatible with most iPhones running iOS 12.4, the bank card is managed entirely via Apple Wallet; sign up by tapping the plus icon in the upper right corner of the app.

Users can also request a physical (titanium!) card—free of charge.

“We’re thrilled with the overwhelming interest in Apple Card and its positive reception,” Jennifer Bailey, vice president of Apple Pay, said in a statement. “Customers have told us they love Apple Card’s simplicity and how it gives them a better view of their spending.”

That includes 24/7 support, weekly and monthly spending summaries, and a transaction history featuring full names of vendors and splash images matching the spending category.

Plus, you don’t have to worry about annual, late, international, or over-the-limit fees.

With no card number, CVV security code, expiration date, or signature on the card, Apple Card is more secure than any other physical credit card (via Apple)

The credit card also boasts a Daily Cash rewards program, which gives back a percentage of every purchase as cash:

  • 1 percent for purchases made with the titanium Apple Card
  • 2 percent for purchases made with Apple Card through Apple Pay
  • 3 percent for purchases made directly with Apple (in-store or online)

As an added bonus, Cupertino partnered with Uber to offer 3 percent cash back on all ridesharing and meal deliveries when using Apple Pay.

The firm will “continue to add more popular merchants and apps in the coming months,” according to a company announcement.

Despite ties with high-falutin bank Goldman Sachs—not exactly known as a friend of the lower classes—a majority of early-access users were accepted for the card.

Credit limits, however, range from a couple hundred dollars to many thousands, depending on the applicant’s income, among other factors, Ars Technica reported.

Apple Card does not track where customers shop, what they buy, or how much they spend.

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Apple

Apple and Lenovo control 36% of the market of mobile computers

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Apple

Apple will provide the company Corning 250 million dollars

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Apple said it will pay the company Corning $ 250 million. The funds will be taken from the Fund for the development of advanced manufacturing in the United States, which has 5 billion dollars.

Protective Corning supplies glass for smartphones Apple iPhone and Apple Watch. Since the release of the first iPhone in 2007, glass for these devices of all generations released on the Corning factory in Kentucky.

Apple выделит компании Corning еще 250 миллионов долларов

Apple and Corning did not disclose terms of the transaction. In the past Apple has signed a long-term scheduling agreement with its suppliers providing them with cash upfront, to guarantee the necessary delivery volumes and better prices. Supplier, in turn, receives capital for research and development or modernization of plants.

According to the estimates of Apple in 2018, she bought more than 9 000 American suppliers by $ 60 billion. The Fund for the development of advanced manufacturing in the United States was created in 2017 when the company has allocated 1 billion dollars. A year later the Fund was increased to $ 5 billion. In 2017, the company Corning has already received from Apple $ 200 million.

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Apple

CEO of Walt Disney left the Board of Directors of Apple

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Apple reported that CEO of Walt Disney Bob iger (Bob Iger) has left the Apple Board. This is due to the fact that Apple and Disney compete in the market of streaming television.

Генеральный директор Walt Disney покинул совет директоров Apple

In fact, iger left Apple’s Board of Directors on the same day when the company introduced the Apple TV+, which will be launched on 1 November. Apple allocates Hollywood billions of dollars on creating original programming for the service.

The monthly subscription cost for Apple TV+, equal $ 4.99, undermining the position of Walt Disney company, which earlier this year introduced its own streaming service, which will show branded children’s content for 6.99 dollar per month. Service Disney+ will start to work on November 12.

Apple and Disney have long and closely associated. Their relationship started with the fact that Apple cofounder Steve jobs became a Director and major shareholder of Disney, when the giant entertainment bought the digital animation Studio Pixar, a majority of which belonged to jobs. As for iger, he became Director of Apple shortly after jobs ‘ death in 2011.

“Despite the fact that we will miss his contribution as a member of the Board of Directors, we respect his decision and have every reason to hope that our relationship with Bob and Disney will continue in the future,” the statement says Apple.

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