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Apple Expands Developer NFC Access To Boost New Use Cases

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Apple is reportedly gearing up to allow third-party developers to get full access to the Near-Field Communications (NFC) chip in the iPhone with iOS 12. Some of these developments could be unveiled at Apple’s Worldwide Developer’s Conference (WWDC) in July, where it will roll out iOS 12 and other software announcements.

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10 Monday AM Reads

Barry Ritholtz

Barron’s ) • Why It’s So Hard for China to Shake the ‘Uninvestable’ Tag : In 2021, Goldman Sachs said the word was starting to feature in a number of client conversations about the country’s stocks. Venture-capital investments are plunging, along with valuations of prepublic companies.

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Apple Is Opening Its NFC Chip To Third-Party Apps

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Apple will enable third-party app developers to get access to the NFC chip inside the iPhone 7 and the iPhone 7 Plus via the iOS 11 that is coming soon. In the document, it looks like the chip in the latest version of the iPhone can read any tag, not just an Apple Pay tag, and take actions on the tags based on the location of the phone.

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ForwardX Nabs $10M In Financing Round Amid Smart Luggage Push

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The bag that tags along, you might call it. The maker of the bag that tags along? The tech behind the luggage is the Robot Operating System (ROS), which houses a GPS tied to apps on iOS and Android smartphones. Flush with cash. The suitcase itself is known as autonomous luggage — as it follows its owner.

Finance 40
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Microsoft Debuts Expense Management App

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Microsoft is rolling out a new corporate expense management solution designed for iOS devices, the company announced on Thursday (Oct. Purchases can be categorized as business or personal spend, while users can also add custom tags to purchases. The platform also supports photo capture of receipts to include with expense reports.

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Pebble Shuts Down After Fitbit Buys Software

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Terms of the deal were not disclosed, but media reports last week pegged the price tag at anywhere from $35 million to $40 million. In a press release , Fitbit said it acquired Pebble’s key personal and intellectual property related to software and firmware development. The acquisition excludes the company’s hardware products.

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Forever 21 Unveils Visual Search For eCommerce

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The feature was rolled out through the retailer’s iOS app in May and was first available for tops and dresses. In addition, shoppers can find products by scanning their price tags, allowing them to check size and color options.