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Apple Inc (NASDAQ:AAPL) Pay Extends Support For Clipper

Apple Inc (NASDAQ:AAPL) extended its support for Clipper, which is the payment system for AC Transit, Caltrain, Muni, BART, and other Bay Area Transit Agencies. In San Francisco, the residents can soon pay for Bus using their Apple Watch or iPhone.

Friendly with FAST and City Coach

Apple Pay will be friendly with City Coach, FAST, Caltrain, Muni, Sam Trans, SMART, Golden Gate Ferry, AC Transit, VTA, Try Delta Transit, Wheels, West CAT, Vine, Sole Trans, Santa Rosa CityBus, Petaluma Transit, Marin Transit, County Connection, and Union City Transit through Cripple. It will also work with Optional Transit without the need for Touch ID or Face verification.

Forays into the manufacturing of self driving car

Appleā€™s entry into the production of a self driving car is finally becoming true. The iPhone maker engages in discussions with several suppliers that offer LIDAR (Light Image, Detection, and Ranging) technology. LIDAR is used to detect distant objects by scanning using invisible laser lights. It creates a 3D image of the surrounding objects and displays it on the screen.

Develops software for self-driving vehicle

According to a report in Bloomberg, over the years, Apple already developed software using AI for the self-driving vehicle. The company plans to outsource the hardware required for the self-driving car. As a result, suppliers like Luminar Technologies Inc and Velodyne Lidar Inc, which offer provide LIDAR, trade higher on speculation.

EVs become the future mobility option

Surely electric vehicles will become the mobility option for all. To catch a pie of this expected burgeoning market, even the traditional automakers are plunging into this green mobility arena. Therefore, Apple car is picking up steam. The company is in discussions with several automakers for its autonomous car project. Daniel Ives, an analyst of Wedbush, said could select a partner early this year.

Working on MagSafe battery pack

According to a report in Bloomberg, Apple is working on a MagSafe battery pack for its iPhone12. The prototype is similar to a leather wallet accessory. It has a rubber casing. However, Apple is experiencing issues in the software that the battery pack gets overheated when not in use.

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