Microsoft's Surface Duo 2 gets 5G, three cameras, and bigger screens, but a hefty price tag.
SYDNEY (Reuters) -Commonwealth Bank of Australia accused Apple Inc on Thursday of uncompetitive behaviour over control of payments on its phones, which have grown to about a third of all in-person payments the country's largest lender processes. Matt Comyn, chief executive at the Sydney-based bank, urged lawmakers to boost scrutiny of technology giants, saying payments through digital wallets developed by Apple and Alphabet's Google made up about 45% of all physical consumer payments, as distinct from other payments such as online or direct debits. "The ... claim that Apple is pro-competition, I think, is a fair statement, as long as one accepts that competition is welcome as long as no one can compete with Apple," Comyn told a regular parliamentary committee.
In the latest trading session, Alphabet (GOOGL) closed at $2,805.67, marking a +0.9% move from the previous day.