Mobiles

Apple acquires startup that turns iPhones into payment terminals, reportedly for $100 million – 9to5Mac | 9to5Mac

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Apple has acquired a startup, Mobeewave Inc., that developed technology to turn iPhones into mobile payment terminals, according to a new report from Bloomberg. Citing people familiar with the matter, today’s report says the deal was worth around $100 million. Apple confirmed the deal with its standard statement about its acquisition strategy. “Apple buys smaller […]