Wednesday, February 09, 2022 13:40:46 UTC
Stock responds positively when Apple officially launched "Tap to Pay" today, a new iPhone feature that will allow businesses to accept payments from their handsets.
The new approach will function simply tapping phones together or using contactless credit cards, with no additional hardware required. Stripe will be the first payment provider to offer the service this spring, alongside Shopify's Point-of-Sale app, with more platforms and applications to follow later this year.
The move pits Apple against Block and other finance businesses like as PayPal, Verifone, and Ingenico. Apple was keen to point out that it will not be able to see what is being purchased or who is purchasing it. Payment data, according to the tech giant, is encrypted and safeguarded by the same technology that makes Apple Pay private and secure.(More)
#aapl #amzn #shop #jpm #appleinc #huawei #iphone #ios #square #paypal #verifone
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Friday, January 28, 2022 11:07:57 UTC
Apple reported record revenue of $123.9B in 2021 Q4, an 11% increase over the same period, previous year. Shares soared 5% after hours yesterday.
Apple's services business soared. Chip shortages were primarily limited to iPad sales. iPhone and computer company's net profit in the final three months of the year increasing by 20% to $34.6B, much above predictions of $31.1B. Revenue exceeded experts' projections of $119 billion and the $111.4 billion recorded a year ago.
Apple's shares soared 5% after the company's earnings report was released late yesterday.(More)
APPLE UP, DEFYING DOUBTERS
Friday, January 28, 2022 11:07:57 UTC
Apple reported record revenue of $123.9B in 2021 Q4, an 11% increase over the same period, previous year. Shares soared 5% after hours yesterday.
Apple's services business soared. Chip shortages were primarily limited to iPad sales. iPhone and computer company's net profit in the final three months of the year increasing by 20% to $34.6B, much above predictions of $31.1B. Revenue exceeded experts' projections of $119 billion and the $111.4 billion recorded a year ago.
Apple's shares soared 5% after the company's earnings report was released late yesterday.
#aapl #amzn #shop #jpm #appleinc #huawei #iphone #ios #covid #stores #earnings
Friday, January 07, 2022 10:14:43 UTC
Despite companies asking workers to work from home due to the omicron strain, hiring is projected to have been strong and broad-based in December.
Some say omicron is not threatening business as much as media hypes.
According to Dow Jones, economists expect 422,000 new jobs in December, up from 210,000 in November. The unemployment rate is predicted to drop to 4.1 percent, down a tenth of a percentage point.
"Anybody can get a job who wants one. We said that in the dot-com times, and it was nothing like this..." Tom Gimbel, CEO of Chicago-based LaSalle Network.(More)
OMICRON LESS OF BUSINESS THREAT?
Friday, January 07, 2022 10:14:43 UTC
Despite companies asking workers to work from home due to the omicron strain, hiring is projected to have been strong and broad-based in December.
Some say omicron is not threatening business as much as media hypes.
According to Dow Jones, economists expect 422,000 new jobs in December, up from 210,000 in November. The unemployment rate is predicted to drop to 4.1 percent, down a tenth of a percentage point.
"Anybody can get a job who wants one. We said that in the dot-com times, and it was nothing like this..." Tom Gimbel, CEO of Chicago-based LaSalle Network.
#shop #amzn #pypl #tgt #shopifyinc #target #omicron #covid #jobs #lasallenetwork #tomgimbel
WALMART HIRES 3000 DRIVERS
1.5.22 2:32 PM UTC
Walmart announced it will hire over 3,000 delivery drivers in the United States and expand its fleet of all-electric delivery vans to support its "in-home" grocery delivery service.
WALMART HIRES 3000 DRIVERS
Wednesday, January 05, 2022 14:32:13 UTC
Walmart announced it will hire over 3,000 delivery drivers in the United States and expand its fleet of all-electric delivery vans to support its "in-home" grocery delivery service.
#wmt #wallmart #costco #shopping #driver #delivery #overstock
APPLE CLOSING NYC STORES
12.29.21 1:14 PM UTC
Apple is curtailing services at its New York City stores as the region continues to face a surge in Covid cases. Following the announcement, the stock remained largely unchanged.
APPLE CLOSING NYC STORES
Wednesday, December 29, 2021 13:14:54 UTC
Apple is curtailing services at its New York City stores as the region continues to face a surge in Covid cases. Following the announcement, the stock remained largely unchanged.
#aapl #amzn #shop #jpm #appleinc #huawei #iphone #ios #covid #stores #geniusbar
U.S. FUTURES RISE CAUTIOUSLY
12.27.21 12:04 PM UTC
European markets and U.S. futures rose this morning, amid light trading and a cautious atmosphere as traders assessed rising coronavirus infections.
CHINA ACCUSED OF SPYING VIA HUAWEI
12.17.21 12:04 PM UTC
A software update with malicious code is the primary evidence to implicate Huawei in a secret Australia telecom hack.
CHINA ACCUSED OF SPYING VIA HUAWEI
Friday, December 17, 2021 12:04:08 UTC
A software update with malicious code is the primary evidence to implicate Huawei in a secret Australia telecom hack.
#huawei #cybersecurity #spying #maliciouscode #hacking #australia #telecom
FED DOUBLES TAPER TO $30B A MONTH
12.15.21 7:36 PM UTC
The Federal Reserve announced plans to accelerate the wind down of its aggressive bond-buying program and signaled at least three interest rate hikes next year.
FED DOUBLES TAPER TO $30B A MONTH
Wednesday, December 15, 2021 19:36:25 UTC
The Federal Reserve announced plans to accelerate the wind down of its aggressive bond-buying program and signaled at least three interest rate hikes next year.
#thefederalreserve #tapering #bonds #stocks #ratehikes #pandemic
FUTURES SUFFERING AS FED MEET APPROACHES
12.14.21 2:16 PM UTC
US stock index futures are tumbling in today's premarket ahead of a potential decision on faster tapering from the Federal Reserve later this week.
SENATE PAVING WAY FOR DEBT LIMIT HIKE
12.10.21 1:16 PM UTC
The U.S. Senate passed and sent to President Biden the first of two bills required to raise the $28.9 trillion debt limit and avoid default.
SENATE PAVING WAY FOR DEBT LIMIT HIKE
Friday, December 10, 2021 13:16:17 UTC
The U.S. Senate passed and sent to President Biden the first of two bills required to raise the $28.9 trillion debt limit and avoid default.
#janetyellen #joebiden #debtlimit #socialsecurity #medicare #taxrefund