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Apple and Goldman Sachs ordered to pay $89 million following Apple Card failures

Oct 24, 2024•over 1 year ago

Contract Type

agreement

CupertinoManufacturing

Description

Apple and Goldman Sachs have been directed to pay a total of $89 million in response to issues related to Apple Card. The agreement addresses the failures associated with the Apple Card service.

Company Information

Company

Apple

Location

1 Apple Park Way

Cupertino, California, United States

About

Apple Inc. is a multinational technology company specializing in designing, manufacturing, and selling consumer electronics, software, and online services. Known for its innovative products like the iPhone, iPad, and Mac, Apple also emphasizes sustainability and user-centric features in its technology. The company is recognized for its sleek designs and cutting-edge technology, continually pushing the boundaries of what is possible in consumer electronics.

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Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.