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Goldman Sachs seeks Amex takeover to end Apple Card partnership

Apple Card

Goldman Sachs is reportedly seeking to end its partnership with tech giant Apple, as revealed in a new report by The Wall Street Journal. The banking company, which collaborated with Apple for the Apple Card credit card, Apple Pay Later, and the Apple Savings account, is looking to reduce its focus on consumer business. Talks are now underway between Goldman Sachs and American Express (Amex) regarding a potential takeover, which would involve transferring credit card partnerships, including the Apple Card, to another company.

Apple patches active security threats with iOS 16.5.1 update

iOS 16

Apple has taken quick action to address multiple actively exploited security issues by releasing iOS 16.5.1, along with iPadOS 16.5.1, macOS Ventura 13.4.1, and watchOS 9.5.2. Although these updates seem to be minor point releases, they include critical security patches that should be installed immediately.

Apple shuts down My Photo Stream

Photos

Apple has announced the upcoming shutdown of its "My Photo Stream" feature, set to take place on July 26, 2023. This free service, which debuted alongside iCloud in 2011, allowed users to sync photos across their Apple devices. However, with the introduction of the more advanced iCloud Photo Library, My Photo Stream is being phased out completely.

Apple delivers iOS 16.5 update, next up iOS 17

iOS 16.5

Apple has released iOS 16.5, marking the fifth and final major update for iOS 16 before WWDC and the upcoming reveal of iOS 17 in June. Just as the company did with the previous iPhone software, Apple will continue to provide security updates and bug fixes for iOS 16 this summer and even after the release of iOS 17.

Unlike the iOS 16.4 release, which included many new features, iOS 16.5 provides incremental changes and some important security fixes. Here are the details from Apple's official release notes:

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