Apple Forced to Strike Down Barriers to Its App Store in the U.S.
A week after Apple was hit with a massive fine and ordered by the European Union to revamp its App Store policies, a U.S court has delivered a similar blow. A judge found that the company violated a prior court order aimed at loosening its grip on the App Store—part of a longstanding legal battle […]
Iris-Scanning Biometric Verification Goes Live with Exclusive Visa Card
A spherical biometrics device called the Orb can scan a user’s iris to enroll them in an identity verification program that offers various perks. The project is facilitated by World, a company co-founded by OpenAI CEO Sam Altman. According to CNBC, six Orb locations are launching in the U.S., including Austin, Atlanta, Los Angeles, Nashville, […]
Apple Loses Payments Battle with the EU; Is X Next?
A video game maker has helped The European Union’s Digital Markets Act (DMA) claim its first major victory. Apple will now be required to allow sellers using its App Store to mention or link to alternative storefronts or other payment offers. Previously, Apple customers could only complete purchases through the App Store, where Apple takes […]
The Warning Signs Looming Over Credit Card Lending
The credit card industry seems headed for uncharted waters. Inflation, better than a year ago, remains high. Nonetheless, consumers are tamping down discretionary spending as the fears of a recession loom. Government jobs—a traditionally safe, well-paying sector—are under extreme pressure, and border states and the manufacturing sector are wary of the impact of tariffs. In […]