If it lives up to the hype, near-field communication could be a boon to the financial services industry, which could benefit immensely from mobile payments adoption. Richard Char, the global head of digital networks and merchant services at Citi, told attendees at a recent conference that a coming shift in card technology will pave the way for NFC adoption.
Check out the hottest news in mobile IT for Friday, 10/25.
Apple CEO Tim Cook is shrugging off threats posed by the growth of mobile competitors like Google and Microsoft, dismissing both companies as imitators in an interview with Bloomberg Businessweek.
Feeling like an also ran in the automotive IT market, Apple has decided to shift its iOS in the Car strategy into high gear, according to a report by AppleInsider.
Apple's stock has been on a downward spiral since mid-September, when the share price topped $700. Since then, the stock's chart has looked like the Superman roller coaster at Six Flags, dropping at a breathtaking rate.
Apple's board has decided to tie CEO Tim Cook's stock bonus plan to the company's performance, according to an 8-K form filed with the Securities and Exchange Commission on Friday.
Apple kicked off its annual Worldwide Developers Conference Monday with the usual spate of new product announcements, self-congratulatory proclamations and cheap shots against archrival Google. The marquee headline was the overhauled iOS 7, which Apple CEO Tim Cook called "the biggest change to iOS since the introduction of the iPhone."
Apple unveiled its much-anticipated iOS 7 mobile operating system revamp during its annual Worldwide Developer Conference in San Francisco, earning a standing ovation for the platform's radical new look and user interface.
Apple's Tim Cook used the company's developer conference today to spotlight the fragmentation that he said plagues Google's Android ecosystem. Cook said that 90 percent of all iOS users are on the latest version of Apple's operating system, iOS 6, whereas the Gingerbread version of Google's Android, released in 2010, remains the most widely used version of Android.
Apple during its developer conference today announced it has so far paid out $10 billion to iOS developers via its App Store. "To put that into perspective, that's three times more than all other platforms combined," Apple CEO Tim Cook noted.