Apple"s new credit card has been hit with charges of sexism, and now compliants are coming from the company"s co-founder.
Steve Wozniak says he got 10 times the credit limit his wife received even though they do not hold separate assets or bank or credit accounts.
The criticism behind the iPhone maker's credit card began Thursday, when entrepreneur David Heinemeier Hansson tweeted that the card gave him 20 times more credit than his wife had received.
Apple launched its highly anticipated titanium credit card in August in partnership with Goldman Sachs.
Apple didn't respond to a Reuters request for comment.
But Goldman said card applicants were independently evaluated according to income and creditworthiness.
The investment bank said it took into account factors such as personal credit scores and personal debt but insisted it hasn't and will not "make decisions based on factors like gender." Now, regulators are looking into the charges.
New York's Department of Financial Services said it's starting an inquiry into Goldman's credit card practices.
Its superintendent says the law bars algorithms from discriminating against protected classes of individuals.
Goldman Sachs shares fell roughly 1% in early trading Monday; Apple shares were flat.
Miley Cyrus has battled sobriety for years. During a recent appearance on Apple's "New Music Daily with Zane Lowe" Cyrus said she "fell off" the wagon during the pandemic. The singer and actress says she would never want to pretend that she has been sober. "I fell off and I realized that I now am back on sobriety, two weeks sober." The star said she has issues with moderation and said she believes everyone should do what's best for them. Cyrus' latest album, "Plastic Hearts," drops Friday.
Tech companies Microsoft and Apple are working together to make the Xbox Series X and Series S controllers work on iPhones and iPads. According to The Verge, Currently, the new controllers are not officially supported in iOS or iPadOS, but Apple said, "Microsoft and Apple are working together to bring compatibility for the Xbox Series X controller to customers in a future update." As per The Verge, it is unclear as to how long it will take Apple to certify the new Series X controllers, but there are signs that DualSense support might come soon. Apple Insider reported recently that iOS 14.3, which is currently in beta, "appears to include behind-the-scenes support" for the PS5's DualSense controller.
Leaders of the world's 20 biggest economies on Sunday will pledge to pay for a fair distribution of COVID-19 vaccines, drugs and tests around the world so that poorer countries are not left out, and to extend debt relief to them, a draft G20 communique showed. Fred Katayama reports.
Goldman Sachs has cut its near-term growth forecasts for the United States. Goldman Sachs based this on spiking COVID-19 cases and slowing economic activity. US gross domestic product will grow 3.5% in the fourth quarter, down from the previous forecast of 4.5%. According to Business Insider first-quarter 2021 growth estimate was also lowered to 1% from 3.5%. Goldman Sachs said the winter drag should give way to a bigger rebound on the back of vaccine distribution.
Wisconsin's governor on Friday extended a statewide mask mandate despite a legal challenge from conservatives, renewing an emergency health order requiring face coverings in public spaces to curb an alarming surge in COVID-19 infections. Fred Katayama reports.