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Apple, Watch Your Market Cap — Amazon Is Coming

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Apple has long been in the lead to become the first $1 trillion company based on its stock market value, but Amazon, the nation’s leading eCommerce player, is closing in on the iPhone maker. Apple was within $50 billion of it in early June, noted Bloomberg. At the same time, however, Amazon has been gaining steam.

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Australian Regulator To Examine Apple, Google App Stores

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Apple and Google executives may be wondering if there's an app for, "time to call the lawyers.". 8) issued a news release stating that it will look at the market power the two companies exert in the country. Meanwhile, Apple faces a probe of its App Store practices in the European Union. Public input will be accepted until Oct.

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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

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You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Those conversations have largely ignored the Biggest Tech company of all, Apple, and Apple Pay. Take PayPal, for example.

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EU Digs Into Apple Pay Antitrust Probe

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The EU is looking even further into possible antitrust violations regarding Apple , with regulators trying to find out if online sales companies were ordered to use the tech giant’s mobile payment service instead of rival services.

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Today In Retail News: Automotive Market Continues Comeback, Conversational Commerce Finds Its Voice

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In a roundup of today’s top retail stories: The automotive market continues its comeback with a digital spin, conversational commerce is the next big pandemic-fueled trend, and Tiffany said that its preliminary sales results for August and September 2020 are positive. Tiffany Upbeat on Sales, Operating Earnings Amid COVID-19 Comeback.

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Russia Says Hello To Apple Pay

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4) that Russia is now the 10th country where Apple Pay is available, following launches in the U.S., In Russia, Apple Pay will initially operate with partners Sberbank and Mastercard. Apple’s decision to launch Apple Pay in Russia comes at a time when the country’s mobile payments market grew by almost 40 percent in 2015, to 70.4

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Apple Expected To Invest $500M+ In Video Games

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Apple , aiming to move beyond the iPhone to drive sales, is reportedly spending millions of dollars to acquire new video games to be part of the subscription gaming service it will roll out later this year. Apple has stiff rivals in the gaming market. The aim is to drive more recurring revenue from online services.

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