Apple has taken possession of the domain name Mobeewave.com, according to a WHOIS record discovered by MacRumors. The domain name was previously owned by payments startup Mobeewave, which Apple acquired last year.
Mobeewave created a system that lets shoppers tap a credit card or smartphone on another phone to process a payment. The technology works with NFC, which is built into all modern iPhones.
Apple typically buys startups to turn their technology into features of its products, and the functionality could in future allow iPhones to be used as payment terminals with no additional hardware required. Apple hired the whole Mobeewave team, which includes dozens of employees, and the company is continuing to work from Montreal where it is based.
Prior to the acquisition, Mobeewave demonstrated the simplicity of its technology by showing users inputting a transaction amount into an app and tapping an NFC-enabled card on the back of a smartphone.
Full contact information on the domain transfer is redacted for privacy, but the record's domain information lists Apple's nameservers. The domain is no longer active, although at some point in the future Apple may choose to redirect it to either a related product page or support pages for an upcoming product.
Apple - when you can't innovate, steal or buy out your competition.
You need a history lesson or perhaps just read the Wall Street Urinal? The original concept of Sherlocking was pioneered by Microsoft where if they liked your idea they would offer you a pittance in value for it. If you refused, they would put as much staff as necessary to duplicate your concept and then run you out of business
here at least is a concept which, for both security and convenience, should be integrated in the phone and a company got cashed out at value and the employees continued employment in their hometown and have additional career opportunities
besides, if it’s a good idea, Samsung will just copy it anyway (worse outcome)
Apple - when you can't innovate, steal or buy out your competition.
Quit being a crybaby. I’m so glad Google Facebook Samsung hasn’t bought anyone out and that Samsung never once has copied Apple and Facebook has never bought out their competition that zuckerberg is the worlds best innovator coming out with apps like I don’t know WhatsApp and Instagram.
Apple - when you can't innovate, steal or buy out your competition.
thats how every big company operates. apple actually sometimes does stuff on their own. but there are companies that lost any ability to innovate at all. dear IBM, i won't cry when you'll eventually go out of business.
And now comes the Congress in its infinite lack of wisdom wanting to ban acquisitions like this. So right back to the big bad Microsoft days when they would offer to buy a company for a fraction of its value, and if you refused to sell they would put thousands of engineers on a project to Sherlock you. So much better than seeing your idea prosper and get monetized fairly
The European Commission is planning to charge Apple with anticompetitive behavior with regards to Apple Pay, since it is the only payment service that can use the iPhone's Near-Field Communication (NFC) chip, Reuters reports.
EU antitrust investigator Margrethe Vestager has been investigating Apple Pay since June last year, but the European Commission has since centered its focus on the NFC...
Tuesday October 5, 2021 10:29 am PDT by Eric Slivka
A number of banks are currently pressuring Visa to make changes to the way it processes some payments made via Apple Pay, moves that would reduce the fees the banks pay to Apple for certain transactions, reports The Wall Street Journal.
At the heart of the issue are automatic recurring payments like memberships and streaming services. Visa is aiming to change the way it issues tokens for...
Thursday October 7, 2021 1:00 am PDT by Joe Rossignol
In response to the Epic Games vs. Apple ruling last month, payments platform Paddle today announced that it plans to launch an alternative in-app payment system for iOS that replaces Apple's in-app purchase mechanism.
In an emailed press release, Paddle described its payment system as a "true like-for-like, drop-in replacement" for Apple's in-app purchase mechanism, allowing developers to...
Tuesday October 5, 2021 3:58 pm PDT by Eric Slivka
Back on launch day for the iPhone 13 last month, a number of Apple Card users had difficulties placing orders for their devices, with many of those users ultimately resorting to different forms of payment in order to ensure their orders went through in a timely fashion.
As shared by a number of MacRumors readers, Apple today sent out emails to affected customers, letting them know that they...
With the upcoming launch of new iPhones, we're starting to see accessory companies introduce cases for the latest Apple smartphones. Nomad today announced its own iPhone 13 cases and Apple Watch bands, all of which can be pre-ordered today.
All of the new iPhone 13 cases from Nomad include a new feature called the Digital Business Card. With this, you can customize a digital card that...
Apple on Monday responded to questions from Australia's parliament about its third-party access approach to the NFC chip in its iPhones, following claims that its Apple Pay system is stifling innovation in the contactless payment technology space.
The Parliamentary Joint Committee on Corporations and Financial Services heard for-and-against arguments from Apple, Google, and others relating...
Thursday September 30, 2021 12:14 am PDT by Tim Hardwick
Researchers in the U.K. have demonstrated how large unauthorized contactless payments can be made on locked iPhones by exploiting Apple Pay's Express Transit feature when set up with Visa.
Express Transit is an Apple Pay feature that allows for tap-and-go payment at ticket barriers, eliminating the need to authenticate with Face ID, Touch ID, or a passcode. The device does not need to be...
Two scammers stole $1.5 million from Apple over a period of three years using the company's own technology, Business Insider reports.
One of the scammers stole $50,000 worth of digital Apple gift cards in Texas, while on the same day, his partner used the gift cards to buy thousands of dollars worth of Apple products in New York. The haul in Southlake, Texas, alone totaled $50,000 using 26...
The government of Australia is considering creating new laws that could more heavily regulate digital payments systems such as Apple Pay, Google Pay, and WeChat Pay (via Reuters).
An Australian government-commissioned report into digital payments systems has made a number of recommendations, one of which suggested actively regulating Apple Pay and other similar digital payments services....
If you have been experiencing issues with paying off or managing your Apple Card today, you are not alone, as Apple has confirmed ongoing issues.
"Some users may not be able to apply for Apple Card, pay their bill, lock/unlock their physical card, request a new or replacement physical card, or request a new card number," reads a notice posted on Apple's system status page.
The issues...
Updates for Safari, FaceTime, and many other apps, Universal Control to let a single mouse or trackpad control multiple devices, new Shortcuts app, machine-learning Live Text detection and Visual Lookup, and more.
Top Rated Comments
here at least is a concept which, for both security and convenience, should be integrated in the phone and a company got cashed out at value and the employees continued employment in their hometown and have additional career opportunities
besides, if it’s a good idea, Samsung will just copy it anyway (worse outcome)
apple actually sometimes does stuff on their own. but there are companies that lost any ability to innovate at all. dear IBM, i won't cry when you'll eventually go out of business.