Apple Pay might be a while arriving in Australia according to a new report, which claims that the country’s four largest banks are stalling negotiations with Apple so as to hold on to $2 billion per year they earn from merchants for interchange fees.
The announcement of Apple Music last week was certain to stir up a bit of controversy, and sure enough some corners of the music industry are starting to speak out against the (arguably harsh) terms Apple’s dictated.
Among them is the Australian Independent Record Labels Association (AIR), which represents independent labels in Oz. Their beef with Apple? Dissatisfaction at the company’s three-month trial period for users, during which Apple will pay out no royalties to artists since it won’t be making any money itself.
“Having now had over a week to reflect on the launch of Apple Music, AIR is not satisfied that the deal being offered under this new initiative is fair or equitable to independent music companies,” a statement from the organization reads.
Apple was among 12 tech companies — also including Google and Microsoft — which appeared in front of an Australian parliamentary hearing on Wednesday to defend their corporate tax structures in the country.
Apple has previously stood accused of shifting close to $8.1 billion in untaxed profits from its Australian operations to its business operations in Ireland over the course of the past decade.
In some bad news for Apple, Australia’s Federal Court has rejected an appeal by the company to trademark the term “App Store.”
In a ruling made Wednesday, judge Justice Yates dismissed Apple’s case and ordered it to pay the court costs of Registrar of Trade Marks.
Apple has been locked in a long-standing tug of war with Oz’s Registrar of Trade Marks over whether it should have ownership over the term it popularized on Mac and iOS. The company first took the registrar to court in March 2013, after the “App Store” trademark was revoked following its initial accepted. Since then, Apple has lost a total of three appeals: firstly by the trademark examiner, then by the Australian Trade Marks Office, and now today’s ruling.
Steve Wozniak changed the world when he co-founded Apple with Steve Jobs to create the first personal computer. Now, after revolutionizing the tech world, he’s ready to impart his wisdom upon the top tech minds in Australia.
University of Technology, Sydney announced that it’s hired Woz on as an adjunct professor for the school, where he’ll start teaching in December.