Apple

Venmo today introduced a new in-app payment option called ‘Pay with Venmo’ for both users and businesses alike. The feature allows vendors to directly integrate Venmo’s payment platform into their checkout process. And user’s can now simply select the Venmo option when checking out in supported apps, and no longer need to type in any credit card information.

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Apple today has announced a voluntary recall and exchange program for a select number of AC wall plug adapters used in Argentina, Australia, Brazil, Continental Europe, New Zealand and South Korea. America is not included in the recall. Apple says that in “very rare cases” the two-pronged Apple wall adapters could break and create a risk of electrical shock if touched.

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Apple retail chief Angela Ahrendts has recently sat down with Fast Company for a brief interview in which she discusses what her first two years at Apple have been like. Ahrendts previously was the CEO of high-end fashion retailer Burberry. Ahrendts notes of the strategies she’s employed to improve Apple’s retail chain, including her strategy of treating them just as she would treat an executive.

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Apple has long been rumored to have an interest in the virtual reality market, but the company itself has always remained quiet on the technology. That’s not an unusual strategy for Apple, though, as it often only makes very general, or even negative, comments about a technology until it is ready to announce its own foray into a market. During the company’s earnings call for the first quarter of 2016, however, CEO Tim Cook was asked about his opinions on virtual reality.

Speaking on the call, Cook said that he thinks virtual reality has some interesting applications and noted that he doesn’t think it is a niche market, a comment often used against the technology by its naysayers. “I don’t think VR is a niche,” Cook said. “It’s really cool and has some interesting applications.”

This begs the question as to what exactly Apple has planned for virtual reality. There are a variety of possibilities, some of which companies like Google have already capitalized on. As we’ve learned in the past, however, Apple has no problem with launching its own version of a technology later in the game. So, let’s talk about some of the potential places in which Apple could implement virtual and augmented reality technologies…

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A report earlier this month from Bloomberg claimed that Apple could owe more than $8 billion in back taxes if the European Commission rules that its Ireland setup is illegal. Speaking to the Financial Times today, Apple CFO Luca Maestri commented on the ongoing European investigation and said that he estimates Apple will have to pay $0 in back taxes, assuming the investigation outcome is “fair.”

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Apple just released its Q1 2016 earnings, reporting “record” results of $75.9 billion in revenue and $18.4 billion in profit. In addition to its normal data, however, Apple has shared a new figure relating to the number of active devices it has in the wild. Apple says that it now has an active installed base of 1 billion devices, including iPhone, iPad, Mac, iPod touch, Apple TV, and Apple Watch. Apple says it gathered this data by tracking the devices that have been engaged with its services within the last 90 days.

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Apple reportedly has plans to work with publishers to support viewing subscription content in its Apple News app, according to Reuters which cites two anonymous sources. Currently, the Apple News app does not support authenticating subscriber log-ins. That means content can’t be behind a pay wall and can only be monetized by web advertising when readers follow through to the publisher’s website or by using iAds. Apple’s iAd network is noticeably going through a shuffle at the moment with the company recently announcing the end of its App Network where developers advertise their apps.

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More and more mobile devices are being released every year with better and higher quality cameras, allowing nearly anyone to share the news faster than a major news corporation can even fathom. Founded in 2014 by Thiel fellow John Meyer, Fresco puts a focus on getting citizen journalism the credit it deserves. Today Fresco announced an Apple TV version of their Fresco News app, which curates the best content of the day, and delivers facts on international events in a fresh way.

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According to a report out of Bloomberg, notorious patent troll VirnetX is seeking $532 million from Apple, claiming that Apple has taken its intellectual property without permission. VirnetX holds a variety of patents relating to technology used in creating Virtual Private Networks, or VPNs. The company claims that Apple’s own VPN technology, as well as its FaceTime and iMessage services, all infringe on its patents.

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Apple is set to release its FY16 Q1 report tomorrow, and today Fortune has released their results of an analyst survey conducted ahead of Apple’s upcoming announcements. Fortune indicates that Apple may actually report the “most profitable quarter in the history of capitalism”, but investors are more concerned with the iPhone’s trajectory numbers as to indicate what may happen in the coming quarter.

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According to a new report from The Wall Street Journal, the Apple veteran employee who has been overseeing the company’s “Project Titan” electric car initiative is leaving the company. The report, citing “people familiar with the matter,” says Steve Zadesky, who has been with Apple for 16 years, is leaving the company for “personal reasons.”

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Apple has been steadily adding more banks to its list of those officially supported for Apple Pay, and today it adds yet another 50+ for users of the iPhone, iPad, and Apple Watch-based payment service. The new additions include a mix of banks and credit unions across the US, but don’t bring any newly supported institutions to users internationally. Head below for the full list of new banks and credit unions. 
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After several months of limited availability in select retail stores across the globe, Apple Watch Hermès is now available to purchase online. Interestingly, that counters the initial point-of-sale strategy with the other three Apple Watch collections, which were at first only available to purchase online before hitting retail stores months later. Instead, the Apple Watch collection introduced in partnership with Hermès last fall enjoyed a more intimate point-of-sale experience with North American availability limited to Apple, Hermès, and Maxfield locations in LA, Miami, New York, San Francisco, and Toronto with a similar situation across Europe and Asia.

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The lawsuit between Oracle and Google is inadvertently revealing some confidential information about the companies. It has already been disclosed that Google paid Apple a $1 billion fee in 2014 to keep Google as the default search provider for iOS Safari, as well as a revenue sharing agreement where Google gives a substantial portion of the iPhone search ad revenue to Apple.

Another lawyer from Oracle has also stated that Google has generated $22 billion in profit and $31 billion in revenue from Android in its lifetime, via Bloomberg. Although any number in the billions is impressive, it pales in comparison to Apple’s mobile platform profiteering. As highlighted by Quartz, Apple made more revenue from the iPhone in one single quarter, raking in $32 billion dollars worth of iPhone sales from July – September.

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According to several sources, the Catholic Church Pope, Pope Francis, is meeting with Apple CEO Tim Cook today for a private discussion. The exact agenda for the meeting is unknown, but ‘Signor Timothy Donald Cook’ is booked in for 11.30 as shown in the photo. The meetup is likely related to visits the Pope has been receiving from other tech giants. Francis met Eric Schmidt, Alphabet (Google’s) chairman last week. It could just be a cordial exchange of greetings.

Sky News reporter Tom Cheshire says the Pope shares Cook’s strong stance on the environment and ecology. Both Pope and Cook are frequently named in the “world’s most important leaders” lists, so they do share some common ground in regard to influence.

Tim Cook now meeting the Pope, which has been in works for some time. Both very keen environmentalists.

— Tom Cheshire (@Chesh) January 22, 2016

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Earlier this evening, the Oracle vs. Google lawsuit revealed Android’s revenues and profits for the first time. The same case has now revealed that Google paid Apple $1 billion in 2014 as part of its ongoing deal to be the main search provider—as in the one that resides in the search bar by default—on iOS devices.

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According to a new report out of the Financial Times, Apple has hired one of the top virtual reality researchers in the United States to expedite its efforts in the platform. The report claims that Apple has recently hired Doug Bowman, who most recently was a computer science professor at Virginia Tech before taking a sabbatical. At Virginia Tech, he was the director of the university’s human-computer interaction center for around five years.

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With iOS 9 being out for nearly five months now, you would’ve expected all the top video apps to already be including picture-in-picture for the iPad. Unfortunately that doesn’t seem to be the case with YouTube and a few others. If you’re feeling the hurt from not being able to catch up on your favorite YouTuber’s latest videos while multitasking around your iPad, then check out CornerTube, a new YouTube utility app focused on PIP. CornerTube lets users quickly jump into videos on YouTube, all the while enabling that missing PIP feature. It gets even better once you start utilizing the included Today widget in Notification Center and Action extension in other apps.

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Apple this morning has announced its first iOS App Development Center for Europe. The facility will be located in Naples, Italy and offer a place for students to learn  who to develop iOS apps. The App Development Center will feature on-site teachers and a curriculum to facilitate a strong and diverse development community.

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