Apple is launching a Klarna-backed device leasing program called Apple Upgrade on July 28
Apple is preparing to launch Apple Upgrade, a device leasing program backed by Klarna that will mark one of the biggest changes to how the company sells hardware, Bloomberg reported on Monday. The service is planned to go live on July 28 and will support most iPhone, Mac, iPad, and Apple Watch models, according to […]<br /> This story continues at The Next Web [...]
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Apple raised its prices, then offered to rent you the phone instead
Apple has a new answer to the complaint that its products cost too much. Do not buy them. Lease them. On Tuesday the company launched Apple Upgrade in the US, a leasing programme run by the buy-now-pa [...]
Klarna launches US savings accounts at 3.28% as the buy-now-pay-later company tries to become a bank
Klarna is launching high-yield savings accounts in the United States with an annual percentage yield starting at 3.28%. The accounts are FDIC-insured through a partnership with WebBank and are desig [...]
Enterprises put non-Nvidia chips 14 points ahead of Nvidia's next-gen GPUs on their evaluation lists
When enterprise buyers build out their next AI accelerator evaluation list this cycle, they're more likely to put a non-Nvidia chip on it than Nvidia's own next-generation GPU. According to [...]
Klarna just struck a $1.7 billion deal to free up capital for $40 billion in lending. Its stock is down 76 per cent from its IPO high.
Six months after listing on the New York Stock Exchange at $40 a share, Klarna is trading at roughly $12. The Swedish buy-now-pay-later company that once symbolised European fintech’s arrival on Wal [...]
Swedish court orders Google to pay Klarna nearly $2 billion in antitrust damages
A Swedish court has ordered Google to pay more than 14 billion kronor to Klarna’s PriceRunner subsidiary for illegally favouring its own comparison shopping service in search results. The ruling, ha [...]
Klarna applies for a US banking licence, its boldest American move yet
Klarna wants to be a real American bank. The Swedish BNPL giant has applied for a US banking licence, betting a friendlier Washington will let it crack a market that has bruised European rivals. Klarn [...]