Month: August 2020

Apple demands 50% rate cuts and rent free period for United Kingdom stores

The tech giant has told landlords of a portion of its 38-store estate in the UK that it wants rents slashed by up to 50% and a rent-free period. In return, it has offered to extend leases by a few years.

The tough tactics have caused consternation among property owners. Despite all its stores being forced to close as the pandemic swept around the world, Apple reported last week that second-quarter sales jumped by 11% to a record $59.7bn (£45.6bn). The iPhone-maker posted a profit of $55.3bn last year.

Apple is seeking to bring its rents into line with other retailers, many of which are benefiting from cut-price deals as landlords struggle to keep their shopping centres occupied. The company’s proposals are understood to relate to stores with several years left to run on their leases, meaning that landlords are not yet obliged to make a decision. Apple declined to comment.

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Apple buys Mobeewave for $100 Million

Mobeewave’s technology lets shoppers tap their credit card or smartphone on another phone to process a payment. The system works with an app and doesn’t require hardware beyond a Near Field Communications, or NFC, chip, which iPhones have included since 2014.

The Cupertino, California-based technology giant paid about $100 million for the startup, one of the people said. Mobeewave had dozens of employees, and Apple has retained the team, which continues to work out of Montreal, according to the people familiar.

Apple typically buys startups to turn their technology into features of its products… Integrating Mobeewave could let anyone with an iPhone accept payments without additional hardware. This would put Apple into more direct competition with Square Inc., a leading provider of payment hardware and software for smartphones and tablets.

Via: Bloomberg.com

Apple Store Badges are Back with Memoji, here’s how to make your OWN

Starting soon, when you walk into an Apple Store, you’ll be seeing the return of the Memoji badges that Apple employees will be wearing. This proved to be a very popular item when employees wore them before they were discontinued in late 2014.

The new badges are to help employees express themselves in a fun and unique way.

If you like the way they look, and want to make your own, it’s easy to do.

Here’s how:

  1. Open the Notes app and create a new note.
  2. Type your favorite Memoji Sticker.
  3. Long-press on the sticker. Choose Share.
  4. Tap the Apple Store Memoji Badge Action.

After you launch the Shortcut, you’ll be able to customize your name and the color of the Apple logo. You can create as many badges as you’d like from any built-in or custom Memoji stickers.

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