Times Applaud

European Union (EU) regulators have accused Apple of violating competition law over contactless payments. The company could face fines of up to 10% of its global revenues, which totalled $365bn in 2021, if the charges are upheld. European Union (EU) competition authorities have accused Apple with violating competition law by denying rivals access to technology critical to enabling contactless payments, so unfairly favoring its own Apple Pay service. The European Commission stated on Monday that Apple "sets the rules" on its closed platform and raised worry that it has limited access to near field communication (NFC), which rivals require for tap-and-go purchases at stores using mobile wallets. Margrethe Vestager, executive vice-president in charge of competition policy at the European Commission, said, "On a preliminary basis, we judged that Apple misused its dominant position. Apple limited access to critical inputs required to design and manage mobile paymen...

Apple has introduced a water bottle that is worth around Rs. 4,600 in India. This Apple product has been launched only in the US market. Following the release of their polishing cloth for over $1,900, the US-based trillion dollar firm has introduced a new water bottle dubbed HidrateSpark. The HidrateSpark water bottle costs $59.95 (almost $4,600) on Apple's website and at retail outlets. Fortunately, Apple has made the water bottle available only in the United States. The so-smart water bottle is unique in that it can track your daily water or drink intake and link it with Apple Health. The HidrateSpark Pro STEEL is available in two color options: silver and black. It contains a bottom-mounted LED sensor that detects water consumption and informs Apple Health via Bluetooth. The HidrateSpark Pro is available in black and green, with identical functionality. https://timesapplaud.com/?p=12477&feed_id=16664