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Apple hit with lawsuit for blocking crypto in P2P payments

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Apple faces a class-action lawsuit alleging the tech giant conspired to limit peer-to-peer payment options on its devices and blocked the integration of crypto technology in iOS payment apps. The lawsuit, lodged on Nov. 17 in a California District Court, accuses Apple of conspiring with major payment platforms like PayPal’s Venmo and Block’s Cash App to limit the use of decentralized cryptocurrency technology in iOS payment applications. Suit claims Apple limits use of decentralized payment tech | Source: PACER According to the complaint, these agreements have led to a lack of feature and price competition in the market, particularly by preventing the integration of decentralized cryptocurrency technology in both existing and new iOS Peer-to-Peer (P2P) Payment apps. The plaintiffs argue that this has resulted in consumers paying inflated prices due to Apple’s control over the iOS P2P payment market. You might also like: Apple and Google can undermi...

Apple Halts All Advertising on X (Twitter)

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Tech giant Apple has halted all advertising on the X platform, formerly known as Twitter . A report from Axios states that the company has ceased advertising on the Elon Musk -owned social network after the billionaire voiced support for an antisemitic conspiracy post on his site. Apple is not alone in its decision, as IBM has also reportedly paused ads on X. Subsequently, the development has led to a plethora of backlash now directed at the Tesla CEO. Conversely, Jewish leaders have recently called out Musk’s actions on the platform. JUST IN:  Apple halts all advertising on X (Twitter). — Watcher.Guru (@WatcherGuru) November 17, 2023 Also Read: SEC Asks Judge to Force Elon Musk to Testify in Twitter Probe Apple to Pause Advertising on the X Platform Controversy has once again been connected to Elon Musk. Specifically, Apple has reportedly ceased advertising on the X platform, formerly known as Twitter. A similar decision was reportedly also taken b...

Apple’s headset could redefine what being in the metaverse means

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KPMG's Head of Metaverse Alyse Sue believes the tech included in Apple’s mixed reality headset could shift the way users interact and experience the metaverse. The release of Apple’s new mixed-reality headset, Vision Pro, could cause a seismic shift in how users will experience the metaverse, with developers potentially moving away from the absolute isolation of virtual reality. Unlike today's virtual reality headset s, which center on full immersion, Apple’s Vision Pro — unveiled on June 5 — can also superimpose applications onto the real world, letting users "interact with digital content in a way that feels like it is physically present in their space.” Apple's AR headset revealed - Apple Vision Pro pic.twitter.com/UpNM7cH5yL — Wario64 (@Wario64) June 5, 2023 Speaking to Cointelegraph, KPMG’s Head of Metaverse Alyse Su believes the Vision Pro will shift developer focus away from purely immersive virtual worlds. The headset introduces a new technology it calls ...