NFC, the EC, and Golden Globe Nominations - MOSK: 12.13.2023
Mac OS Ken
Ken Ray
4.7 • 996 Ratings
🗓️ 13 December 2023
⏱️ 15 minutes
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| 0:00.0 | This is Mac OSKEN. |
| 0:09.0 | Apple may open iPhones NFC for the EC. The whole software update show starts again and |
| 0:15.3 | 16 shots at Golden Globes for Apple TV Plus. It is Wednesday the 13th of |
| 0:22.2 | December 2023. |
| 0:24.0 | I'm Ken Ray, and this is news from Maco-S. Ken, |
| 0:30.0 | brought to you by yours truly and supported by people like you patrons through |
| 0:37.3 | Patreon find out more and then your support at patreon.com slash Maco West Ken. It looks like Apple may |
| 0:49.3 | bow to the will of the European Commission on NFC and iPhone. |
| 0:55.0 | Engadget highlights a Reuters report saying Apple is allegedly letting rivals access |
| 1:00.4 | near field communication or NFC technology in its devices. |
| 1:05.7 | NFC is the tech used in tap-to-pay payment systems like Apple Pay. |
| 1:11.0 | According to the report, the Commission has been investigating Apple since 2020, with Executive |
| 1:17.2 | Vice President Margaretta Vestea previously stating there were indications that Apple restricted third-party access to key technology |
| 1:25.8 | necessary to develop rival mobile wallet solutions on Apple's devices. |
| 1:31.1 | If true, it is a big concession to avoid a big fine. A back of the envelope estimate on |
| 1:39.2 | Apple 3.0 pegged possible fines at $38 billion annually. |
| 1:46.0 | Of course, there are a couple of caveats. |
| 1:48.3 | For starters, it's unclear whether Apple's concession |
| 1:51.0 | will be seen as enough. |
| 1:53.5 | And Gadget says the E.C. will likely confer with Apple's rivals |
| 1:57.1 | and customers in the next month or so |
| 1:59.7 | to determine if it should accept the offer. |
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