Industry Insights

India’s Smartphone Security Overhaul Sparks Source‑Code Clash With Apple and Samsung as Government Denies “Forced” Disclosure
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India’s Smartphone Security Overhaul Sparks Source‑Code Clash With Apple and Samsung as Government Denies “Forced” Disclosure

Updated: Tuesday, January 13, 2026 India’s latest push to tighten smartphone security has turned into a high-stakes standoff between New Delhi and the world’s biggest handset makers—after reports said draft rules could require companies to submit operating‑system source code for government review.
January 13, 2026

Technology News

  • JPMorgan bets on tech and AI as Apple Card integration unfolds
    January 13, 2026, 6:40 PM EST. JPMorgan Chase projects meaningful expense growth in 2026, lifting overall spending by more than $9 billion to about $105 billion as technology, AI and payments infrastructure take a larger share. A key driver is the Apple Card transition, expected to take about two years as JPMorgan rebuilds an iOS-integrated tech stack and embeds Apple's design into its own system. Dimon noted that a traditional platform would have allowed a quicker fold, but this is not that. The move will modernize JPMorgan's broader card infrastructure; the bank booked a $2.2 billion reserve build tied to the forward purchase commitment for the Apple Card portfolio. CFO Jeremy Barnum called tech spending essential to stay competitive, with AI and blockchain capabilities deployed across the firm, while consumer spending remains resilient, with card volumes up about 7% YoY.