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Apple Acquires Italian Start-up for $5 Million: Report

Apple has not officially announced the acquisition as yet

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Apple, smartphone
Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, Aug. 1, 2018. VOA

Apple has acquired Italian Application Programming Interface (API) integration developer – Stamplay – for $5.678 million, the media reported.

Stamplay describes itself as a “low code work-flow automation platform, empowering organisations to streamline manual work by integrating data and business applications used every day”.

However, the reasons for the iPhone-maker purchasing the Rome-based start-up remains unclear, VentureBeat reported on Thursday.

Apple, Campus, China
A customer is entering the Apple store in Fairfax, Virginia. VOA

“However, it’s noteworthy that this start-up has experience in the financial payments industry, a sector that Apple entered with Apple Pay, and is expected to expand upon with a self-branded credit card next week,” the report said.

In 2016, the start-up won Visa’s Everywhere Initiative API contest and was entrusted with an unspecified development project for the payments giant.

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As part of the deal, Apple has decided to permanently keep the Co-Founders of the company, Giuliano Iacobelli and Nicola Mattina.

Apple has not officially announced the acquisition as yet. (IANS)

Next Story

Here’s Why Apple Pro Display XDR Should get Cleaned With a Special Cloth

According to an Apple support document, the Pro Display XDR with nano-texture glass must be cleaned only with the dry polishing cloth that Apple provides

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Apple
Apple has also provided specific instructions on how to clean the polishing cloth: hand wash it with dish soap and water, rinse it out, and let it air dry for "at least 24 hours." Pixabay

The Apple Pro Display XDR with optional nano texture glass on the top of the line display from the iPhone maker, which costs an additional $1,000, has to be cleaned only with a “dry polishing cloth” that comes with the display and nothing else.

The Cupertino-based company has not said why nano-texture Pro Display XDR owners must use the specific type of cloth over another screen cleaner, but it’s likely due to how it’s made.

According to an Apple support document, the Pro Display XDR with nano-texture glass must be cleaned only with the dry polishing cloth that Apple provides. No water, any other liquid or other cloths should be used to clean it.

Apple
The Apple Pro Display XDR with optional nano texture glass on the top of the line display from the iPhone maker, which costs an additional $1,000, has to be cleaned only with a “dry polishing cloth” that comes with the display and nothing else. IANS

If the included dry polishing cloth was lost, Apple Support should be contacted for another cloth, MacRumors reported on Tuesday. However, there is no word on what Apple will be charging for the replacement cleaning cloths.

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The company has also provided specific instructions on how to clean the polishing cloth: hand wash it with dish soap and water, rinse it out, and let it air dry for “at least 24 hours.”(IANS)