Techmeme: Apple Pay Details: Apple Gets .0015% Cut of Purchases, Higher Rates for Bluetooth Payments (Juli Clover/MacRumors)

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September 12, 2014, 5:55 PM

Top News

Ina Fried / Re/code:

iPhone 6 Plus sells out within hours, Apple reports “record number” of pre-orders for new iPhones, AT&T says demand is higher than past two years — Larger iPhone 6 Plus Sells Out, “Record Number” of iPhone Pre-orders — Yep, lots of people tried to order new iPhones as pre-sales began just after midnight on Friday.

Dan Gualtieri / Laptop Mag:

iPhone 6 trade-in deals: carriers, third-party services compared — Best iPhone 6 Trade-In Deals: Carriers Compared — With the impending release of the iPhone 6 and iPhone 6 Plus (starting at $199 and $299, respectively), it seems like new options for iPhone users with older models are popping up each day.

More: eWeek, Daily Mail, Associated Press, Re/code, 9to5Mac, ABC News, NBC News, TIME, Tech Times and TUAW

Nathaniel Popper / New York Times:

Apple Pay charged a lower transaction rate by banks than typical for credit card transactions, won't be accepted by Walmart and Best Buy — Banks Did It Apple's Way in Payments by Mobile — JPMorgan Chase's chief financial officer, Marianne Lake, took the stage at a financial conference …

More: Tech Trader Daily, Business Insider, NPR, SiliconBeat, The Verge, iPhone in Canada Blog, AppleInsider, SlashGear, WebProNews, PYMNTS.com, TUAW, DisplayBlog and WebProNews

Tweets: @tim, @counternotions, @mikeisaac, @fmanjoo, @tek_fin, @micksussman and @nytimesbusiness

Juli Clover / MacRumors:

Apple Pay Details: Apple Gets .0015% Cut of Purchases, Higher Rates for Bluetooth Payments — Apple's ambitious new mobile payment initiative, Apple Pay, was announced on Tuesday during the company's iPhone event. Many questions still linger about the service, but information is beginning …

More: Financial Times, 9to5Mac, BGR and iMore. Tweets: @mdudas

Ian Kar / Bank Innovation:

Apple Pay transactions: Bluetooth, in-app purchases charged “card-not-present” rate; card networks generate tokens — Here's How the Security Behind Apple Pay Will Really Work — Apple Pay was introduced by the giant technology company only three days ago …

More: Macworld and iPhone in Canada Blog

Michael Carney / PandoDaily:

Merchants equipped for Apple Pay likely to surge in US as October 2015 deadline for EMV support spurs point of sale system upgrades

More: Mercury News, Electronista, Business Insider, MacRumors, 9to5Mac, internetretailer.com, The Boston Globe and VentureBeat

Tweets: @adamnash and @stevesi

Dan Primack / Fortune:

Square raises $100 million at $6 billion valuation — Payments company Square has raised $100 million in new funding at a valuation of nearly $6 billion, according to a Delaware filing obtained by VCExperts.com and shared with Fortune. — The San Francisco-based company issued 6.4 million …

More: Forbes, TechCrunch, New York Times, Gigaom, Business Insider, VentureBeat and VentureBreak

Tweets: @eringriffith, @danprimack, @danprimack and @benparr

Johana Bhuiyan / BuzzFeed:

About 1000 New York Uber drivers plan to strike on Monday over fares and working conditions — Uber Drivers “Strike” — And Switch To Lyft — Over Fares And Conditions — Testing the labor market. “Uber is not doing anything — it's only an application on our phones.” — Facebook: uberdriversnetwork

More: Business Insider, PandoDaily and TechnoBuffalo

Tweets: @dtunkelang, @cgsaw, @dhh and @laurahazardowen

Peter Kafka / Re/code:

Some of You Wanted the U2 Album, After All: Apple's iTunes Giveaway Leads to Two Million Downloads — Some of you do not want the U2 album Apple is giving away. But lots of you were willing to download it. Or, at a minimum, your iPhones and MacBooks did.

More: AppleInsider, Business Insider, MacRumors, 9to5Mac, US News, MacNN, MacDailyNews, Album Reviews, Cult of Mac, iPhone in Canada Blog and Electronista

Y Combinator:

Y Combinator requests applications from startups in certain areas including energy, A.I., robotics, biotech, and healthcare — New Requests for Startups — INTRODUCTION There are a lot of startup ideas we've been waiting for people to apply with, sometimes for years.

More: TechCrunch. Tweets: @aparanjape and @mattcutts

Jordan Kahn / 9to5Mac:

Apple says new iOS 8 SMS Continuity feature won't arrive until October — Apple's website detailing Continuity features arriving with iOS 8 and OS X Yosemite in the coming weeks has been updated to announce SMS support won't arrive until October. — The feature, which allows users to send …

More: iLounge, TechCrunch, MacRumors, BGR, SlashGear, iMore, iPhone in Canada Blog, TechnoBuffalo and App Advice

Roger Cheng / CNET:

AT&T plans to offer Wi-Fi calling in 2015 — AT&T's Ralph de la Vega also said he expects customer turnover to remain low in the third quarter. — AT&T will embrace Wi-Fi calling in 2015. — That's according to Ralph De la Vega, CEO of the company's mobility and enterprise business.

More: Light Reading, 9to5Mac, The Register, Gizmodo, AppleInsider, InvestorPlace, iMore and Liliputing

Frederic Lardinois / TechCrunch:

Google Offers Early-Stage Startups $100,000 In Cloud Platform Credits For 1 Year — If you are an early stage startup, Google wants to give you $100,000 in Cloud Platform credits for one year so you can host your applications on its servers (and not on AWS or Azure).

More: VentureBeat, BetaNews, New York Times, Google Cloud Platform Blog, Computerworld, HotHardware.com News, AndroidHeadlines.com, VatorNews, Network World, theWHIR.com, InfoWorld, 9to5Google, Inquirer, Mashable, Softpedia News, Gigaom and The Next Web

Tweets: @dburkes and @levie

Wall Street Journal:

Facebook is trying to lure YouTube's biggest content creators, discussing advertising — Facebook Tries to Muscle In on YouTube — Social Network Makes a Pitch to Lure Content Creators, Discusses How Ads Might Be Used — In what may be another signal that Facebook Inc. wants to take on YouTube …

More: Marketing Pilgrim, SiliconBeat, InvestorPlace and Reuters. See also Mediagazer

Tom Warren / The Verge:

Windows 9's new Start menu demonstrated on video — Microsoft may have demonstrated its new Start menu earlier this year, but thanks to a recent “Windows 9” leak we're now seeing every single part of the company's plans for bringing back this popular feature.

Xiomara Blanco / CNET:

Dell Venue 8 7000 tablet: 8.4", 2,560x1,600-pixel OLED display, 3D camera, slim yet sturdy — Dell Venue 8 7000 packs 3D camera, slim and sturdy design — 1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 — Smartphones slowly but surely usurped digital cameras as the popular way to take photos …

More: Laptop Mag, The Verge, Direct2Dell, SlashGear, PC World, TechRadar.com, Wall Street Journal, GSMArena Blog, Engadget and ZDNet

Chris Ziegler / The Verge:

Motorola's unlocked, unbranded Moto X will be called the ‘Pure Edition’ — I can think of many, many times where I've called the flavor of Android that ships on Nexus phones “pure Android,” and it looks like Motorola is taking a cue: its direct-sale, unbranded, unlocked Moto X will be called the Moto X Pure Edition when it ships.

More: Electronista, Android Authority, PC World, 9to5Google, DailyTech, Pocketnow, TechnoBuffalo, Phandroid, DisplayBlog, SlashGear, Pocket-lint, Engadget and Droid Life

Andrew Cunningham / Ars Technica:

Review: In its second generation, the Moto X becomes a true flagship

More: Gigaom, BGR, ZDNet, DisplayBlog, Engadget, Know Your Mobile, The Verge, Ubergizmo and Business Insider

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