TNB Tech Minute: JPMorgan in Talks With Apple Over Credit Card
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 17 September 2024
⏱️ 2 minutes
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| 0:00.0 | Z-Scaler extended its Zero Trust architecture with powerful AI engines trained by 500 trillion daily signals |
| 0:07.8 | to prevent ransomware and AI attacks that target business. |
| 0:11.7 | Z-scaler Zero Trust plus AI. Learn more at Z-scaler |
| 0:16.0 | dot com slash Zero-Trust AI. Here's your Tn B Tech Minute for Tuesday, September 17th. I'm Zoe Thomas for the Wall Street Journal. |
| 0:27.0 | We're exclusively reporting that J.P. Morgan Chase is in talks with Apple about taking over the iPhone maker's credit card program. |
| 0:36.0 | Discussions, which started earlier this year, have advanced in recent weeks, people familiar |
| 0:40.4 | with the matter say, a deal could still be months away and isn't guaranteed. |
| 0:45.4 | Apple has been looking for a new partner for its credit card since the tech giant and current |
| 0:49.9 | issuer Goldman Sachs decided to part ways last year. |
| 0:53.4 | Landing the deal would grow Chase's card business and deepen existing ties between the bank and Apple. |
| 0:59.0 | Instagram is restricting teen accounts. |
| 1:02.2 | The platform's head, Adam Moseri, says the changes will |
| 1:05.8 | likely hurt business in the short term but help regain parent trust. The meta-owned |
| 1:11.2 | platform will automatically make teen accounts private and put them on the most restrictive settings. |
| 1:17.0 | Teens 15 and under will need a parent's permission to change the settings. |
| 1:21.0 | Young users will also be prevented from setting up new |
| 1:23.8 | accounts with fake birthdays. The changes began rolling out in the US today. |
| 1:28.6 | We'll have more on this story in tomorrow's Tech News briefing podcast. |
| 1:33.4 | And Elon Musk says SpaceX will sue the Federal Aviation Administration |
| 1:38.3 | after the Air Safety Regulators alleged the company violated rocket launch regulations and proposed fines against the company. |
| 1:46.1 | The FAA says during two launches last year, SpaceX used resources that hadn't been licensed |
| 1:51.6 | for the operations. |
... |
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