Apple’s iPhone will accept credit cards, Rival Square…and more small business tech news this week

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Here are five tech events that happened in the past week and how they affect your business. Did you miss them?

1 —Your iPhone will soon be able to accept contactless payments directly.

According to recent reports, Apple plans to add a point-of-sale system like Square (which recently changed its name to Block) to the iPhone. The report said Apple would embed the capability directly into iPhones, meaning merchants won’t need to add any hardware. Apple paid around $100 million for Mobeewave, a company that develops technology to accept payments through smartphones. (Source: technical radar)

Why it matters to your business:

As easy as Square is to accept payments, it’s common for merchants using the card reader to have to insert separate hardware to complete the transaction. Apple aims to avoid all of that and make the process more transparent. Will it work with other systems? What will the cost be? Will it be cheaper than Square and other mobile credit card readers? Will it be easy? All questions will be answered soon, I’m sure.

2 — Cloud computing and virtualization company Citrix will be acquired for $16.5 billion.

Global investment firm Vista Equity Partners is to acquire cloud computing and virtualization company Citrix for $16.5 billion. Originally known for its remote access products for Windows, Citrix has grown over time to extend its offerings to various technologies including networking, servers and cloud computing. According to Yahoo Finance, “Citrix makes software that employees use to connect virtually to their corporate programs, a category of products widely used during the pandemic as companies looked for quick ways to keep the workforce remote. connected to central operations hybrid configurations for home and office work, which should grow the market for tools that help make this seamless.” As part of the transaction, Vista and fellow investor Evergreen have the plans to combine Citrix with TIBCO Software, one of Vista’s portfolio companies (Source: VentureBeat, Yahoo Finance)

Why it matters to your business:

If you are a Citrix user, be prepared for the changes. Citrix says, “The union will create one of the largest software providers in the world, serving 400,000 customers, including 98% of the Fortune 500, with 100 million users in 100 countries. Additionally, it will accelerate Citrix’s defined growth strategy and SaaS transition. The combined company will be positioned to provide a complete, secure and optimized infrastructure for enterprise application and desktop delivery and data management to advance hybrid cloud IT strategies and meet the needs of the modern business.

3 — Gmail’s new “Integrated View” is coming to Workspace users on February 8and.

From February 8and, Google Workspace will include a new “embedded view”. Users will start seeing the updated look automatically by April. (Source: The Edge)

Why it matters to your business:

According to Google, the new built-in view aims to help users easily switch between chats, meetings, and mail without switching tabs. Get ready because it’s not a choice. Google says that by June, Embedded View will be a “standard experience” with no ability to roll back.

4 — Microsoft Teams will add predictive text capabilities and improve hybrid meetings.

The mobile version of Microsoft Teams will soon add predictive text features and bring improvements to hybrid meetings. Teams will also introduce the “Front Row” view to make hybrid meetings more like in-person meetings. (Source: ZDNet)

Why it matters to your business:

The goal of the predictive text feature is to make it harder for grammar or spelling mistakes when typing on the go, especially as workers continue to work remotely. The new “Front Row” feature will move videos to the bottom of the meeting screen so that all meeting participants are face to face.

5— Technology investments are at record highs and everyone wants to hire developers.

Recent data revealed that more than 12,800 job openings for technology professionals were listed in 2021. This is a 105% increase from the previous year. The majority of vacancies in technology were in the fields of engineering and software development. Openings for these jobs increased by 88.2% year-on-year (year-over-year) and reflect continued business demand for digital services and products. (Source: ZDNet)

Why it matters to your business:

Technology is still very, very hot and the right insiders are hard to find. But that’s no surprise, is it?

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