Posted 7/25/2023, 6:54:11 PM
How the Partnership Between Apple and Goldman Soured
- Apple and Goldman Sachs were conducting test runs before publicly launching their partnership.
- Engineers from both companies were working overnight to find a solution to a problem where Tim Cook, Apple's CEO, couldn't get approved for an Apple Card.
- The issue highlights the challenges faced by the companies in merging technology and finance.
- The partnership between Apple and Goldman Sachs is considered one of the biggest collaborations between the tech and finance industries.
- The article suggests that the incident may have been a result of the strict credit requirements set by Goldman Sachs for the Apple Card.