Stock Ticker

  • Loading stock data...

Apple Inc. (NASDAQ:AAPL) Introduces “Sign In With Apple” function

Apple Inc. (NASDAQ:AAPL) Introduced a “Sign In With Apple” feature to rival Alphabet Inc (NASDAQ:GOOGL) and Facebook, Inc. (NASDAQ:FB) web login accounts, illustrating a contrast with peers by emphasizing protection of users’ information. In addition, the company will limit controls on locating tracks. It is trying to come with certain measures which limit the third-party apps to share the location information with social media firms. The company has designed a setup to allow users to generate a distinct email to link with each app so that the customer doesn’t have to fill in their actual email address.

The details

Apple has informed the app developers at its annual developer event that the company has closed the iTunes application for the Mac. The app has been replaced with standalone applications for podcasts, video content, and music. Apple’s App Store has remained a major driver of the company’s services division, which recorded revenue of around $37 billion in 2018. Investors are getting increasingly inclined towards Apple’s services business to boost profits and revenue as iPhone sales decline.

The U.S. Justice Department has power for a prospective antitrust investigation of Apple in the coming period. Not only Apple, but other tech and social media firms are on the radar of the U.S. regulators. Recently, the U.S. Supreme Court permitted an antitrust lawsuit to progress from users who claim Apple inflated app prices by restricting iPhones to download the applications outside the App Store.

Craig Federighi, the Software Chief at Apple, reported about new tools that will help developers to put their applications on Macs without entirely rewriting the code. The developers can take an existing app and tick a box to receive a tremendous head start in creating the same application for a Mac. The=s development could expand the apps available for Mac.

In other news, the FTC and the Department of Justice have distributed oversight over the tech and social media firms, with Facebook and Amazon under the scrutiny of the FTC, and Google and Apple under the Justice Department. Apple is the focus of a European Union probe into a complaint raised by Spotify that Apple misuses its control over app downloads.

Published by Flavia Carruth

Hi, I am Flavia and have done my MBA with finance as specialization and a Bachelor in Economics with 4 years of experience as Financial Analyst in leading Software Firm. I have passion for article writing, report making and stock market Analysis.

  • Recent Stories

    SignUp Now For Our Featured Newsletter

    Sign Up To Get Our Latest Stocks Alerts