Could Apple buy Square to accelerate its mobile payment plans?

square

Re/code is reporting that both Apple and Google have considered making acquisition offers for payments company Square, with CEO Jack Dorsey said to favor a sale to Apple.

In the last year, both Apple and Google have considered making acquisition offers for Square, according to industry sources familiar with the situation [...]

[Dorsey] believes, sources said, that his company’s design aesthetic and values match up much more closely with Apple than Google …

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Apple explains Touch ID in depth with latest iOS security document

In the latest release of its iOS Security document spotted by TechCrunch, Apple offers a number of details about the function and processes of the Touch ID fingerprint recognition system offered on its iPhone 5s. The document describes the Secure Enclave, “a coprocessor fabricated in the Apple A7 chip,” which manages safely matching active fingerprints read by Touch ID against registered fingerprints saved by the user. While much of how Touch ID behaves was revealed last fall when the iPhone 5s was introduced and through experience, the white page does list more specifics than have previously been made available…

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Tim Cook as good as confirms mobile payment via Touch ID on the way

touchid

When Touch ID was first rumored, there had been much speculation about whether the iPhone 5s would act as an electronic wallet, with payments to retailers authorized by fingerprint. While that hasn’t yet happened, it does now seem clear that it’s on the way.

Asked about mobile payments during yesterday’s earnings call, CEO Tim Cook gave what is, in Apple terms, a surprisingly direct response.

The mobile payments area in general is one we’ve been intrigued with. It was one of the thoughts behind Touch ID [...] it’s a big opportunity …  Read more

Apple Stores to soon offer iPhone 5s & 5c screen replacements, other repairs

iPhone 5s Teardown via iFixit

iPhone 5s Teardown via iFixit

Apple is gearing up to soon begin hardware repairs for the iPhone 5s and iPhone 5c in its chain of retail stores, according to sources with knowledge of the upcoming initiative. These sources say that Apple Stores will be able to replace several parts of the iPhone 5s and iPhone 5c on-site, meaning that Apple will no-longer need to fully replace iPhone 5s and iPhone 5c units with damage or other problems…

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The inner workings of Touch ID: Each fingerprint sensor is paired to a specific A7 chip

TouchID-iPhone5S-fingerprint-sensor-01

When Apple introduced Touch ID on the new iPhone 5s, the company provided some basic information about the kinds of security used to protect users’ fingerprints and data. A new discovery by iMore reveals that Apple has even more security in place than they discussed with the public.

According to iMore, each individual Touch ID sensor is paired with its corresponding A7 processor. To confirm the pairing theory, iMore switched the Touch ID sensors from two brand new iPhones and attempted to setup each device. Each phone failed to recognize the sensors and returned an error until the sensors were swapped back to their original phones.

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