Apple is rumored to be in talks of launching a mobile wallet initiative, and it could happen as early as this fall alongside the much anticipated iPhone 6. Apple's efforts would allow iPhone owners to pay for goods in physical retail stores by using just their phones, an effort that could lead to people carrying just their iPhone rather than having to carry an iPhone and a wallet.
AT&T had a great quarter that was driven by the addition of 2 million new users to its wireless and wireline businesses. Combined with the rest of its operations, the carrier reported that revenues were up 1.6 percent, meaning that it took in $32.6 billion. The carrier noted a higher $1 billion operating expense compared to a year ago at $27 billion giving it an operating income of $5.6 billion.
Facebook has just reported its Q2 2014 earnings, showing growth in revenues, income and user numbers. As for the financials, Facebook saw a 61 percent jump in revenue over Q2 2013 to $2.91 billion, with net income also jumping to $791 million, a boost of 139 percent over last year. Operating income, operating margin and EPS were all up substantially from last year.
It appears that OS X Yosemite may be heading for a late October launch. Given that OS X Mavericks was released around the same time last year, this is not an unreasonable time frame. It also seems that the final release will follow a series of developer previews that will conclude at the end of September, followed by a Golden Master in mid-October. From 9to5Mac:
The latest rumor suggests that Apple is tentatively planning to unveil the iPhone 6 in mid-September. With the iPhone 4s having launched in early October, and the iPhone 5 and iPhone 5s hitting in subsequent Septembers, mid-September 2014 certainly seems fairly likely for the iPhone 6.
Apple promised a public beta for Mac OS X 10.10 Yosemite, and a public beta you shall get. Starting Thursday, Apple will be sending out invitations to test out the next version of OS X. The invites will be going out to the first million people that are signed up through the Appleseed public beta program.
Earlier this week Apple reaffirmed to iMore that it had never worked with any government agency to create a backdoor in any product or service. That was in answer to questions raised by Jonathan Zdziarski concerning iOS privacy and security. Apple has now published a new support page titled iOS: About diagnostic capabilities which elaborates on the services Zdziarski called out as data leaks. It does not, however, address vulnerabilities in passcode, pairing keys, or trusted device, though Apple typically does not address those types of things until they've pushed out patches. Here's Apple's full support article on the services:
Apple is going to have to defend against another class-action suit from hourly workers, as 20,000 employees claim they weren't offered breaks for lunch, obligatory rest-breaks, or never received their last paychecks — all three of which are in violation of the state of California's labor laws.