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Can Apple be seen as a tech company by that definition?
by eCa 7y ago
Can Apple be seen as a tech company by that definition?
- manicdee 7y agoThis legislation is clearly aimed at Apple. Today Apple Pay and a Goldman Sachs credit service. Tomorrow a credit card offering if their own to compete with other Eurocard/Visa/MasterCard services. There’s a lot of money on the line.
- klez 7y ago> This legislation is clearly aimed at Apple. Really? Because I was under the impression that they're more worried about companies minting "currency".
- manicdee 7y agoI guess it’s a bit hard to accurately target the legislative equivalent of a nuclear bomb.
- umeshunni 7y agoIt seems to be clearly aimed at Facebook.
- manicdee 7y agoFacebook is only establishing an alternative currency, which major banks will be participating in if it gets off the ground. Libra is not a threat as long as Facebook plays well with regulators and various nations’ tax offices. In addition, Libra will be run by a spin-off company, not directly by Facebook. Apple is potentially going to cut EMV out of the loop.