Confirming rumors from this past December, Samsung has acquired Massachusetts-based LoopPay in an effort to compete with Apple Pay, and perhaps even Google’s recently rumored Plaso system.
Announced yesterday, Samsung boasted that “LoopPay’s technology has the potential to work in approximately 90 percent of existing point-of-sale (PS) terminals,” with “no investment in new infrastructure required by merchants.” Essentially, it’ll help Samsung jump into the mobile payments game that’s picked up so much steam since the Apple Pay [...]
It seems as if Microsoft is doubling down on its stylus for the future of the Surface line, as reports out of Israel say that it’s acquired N-trig, the maker of the Surface Pen. If the report is accurate, Microsoft has dropped $200 million on N-Trig.
The report out of Israeli business publication Globes offers up some more details, saying that N-trig had already owned a 79 percent stake in the digital pen company – and, more tellingly, that it was recently in dire financial straits, having failed to “meet the financial conditions [...]
Google continues to buy its way through Silicon Valley, having acquired photo backup platform Odysee this past weekend. According to a post on Odysee’s website, the company’s app will continue to run for the next couple of weeks, but on February 23, the service will be shut down once Odysee joins the Google+ team.
“We are excited to share that the Odysee Platform Team will be joining the Google+ Team.
Odysee’s vision was to be the easiest way for everyone to capture unlimited memories and access them everywhere. We are [...]
A report out of Bloomberg today reveals that Google and Twitter have shaken hands on a new deal to help new Tweets instantly appear in Google Search results. According to the report, Google has access to “Twitter’s firehose, the stream of data generated by the microblogging service’s 284 million users.” The result will be Tweets showing up in Google Search results immediately after they’ve been posted.
That’s a huge win for both companies. Twitter’s bread and butter – the Tweets generated by its users – will become more [...]
Things for Samsung are going pretty bad lately, having had its profit for this quarter slide by a whopping 36 percent over the same time last year. But it seems that Samsung is making its dismal smartphone fortunes felt elsewhere – like, say, Qualcomm, the apparently former provider of mobile CPUs for the company’s many handsets.
Reports from last week revealed that Samsung would be dropping Qualcomm’s ubiquitous Snapdragon processor from its upcoming Galaxy S6 flagship handset. Seemingly confirming those rumors, Qualcomm stated [...]
Yesterday, when Microsoft published its earnings results for the second quarter of 2014 (which is Q4 on the calendar year), it was coming off of one of the most successful days in the company’s recent history, having announced a slew of exciting features for Windows 10 and the very interesting Hololens device. The company’s developer conference, Build, sold out within an hour the next day – so Microsoft was riding high. And, as it turns out, they’ve finally scored some wins with the Surface line, having transformed what was a frequent [...]
While it’s old news that Samsung got beat up in the mobile industry this past third quarter, it’s becoming clearer just how poorly the electronics giant performed. A new report from the Wall Street Journal tells us that the Galaxy S5 was a much bigger failure than the company had expected – and that a shakeup in the company’s mobile division might be on the horizon.
According to the report, Samsung surveyed its carriers around the globe to see about how much demand they anticipated for the S5 – but the catch was that they weren’t [...]
Google and LG are getting a little closer, as today the companies today announced a ten-year global patent licensing deal. That means that over the next decade, neither company should have to jump over hurdles to license patents filed or owned by the other, which should hopefully result in some exciting new innovations in the world of consumer electronics.
Google’s deputy general counsel for patents Allen Lo had this to say on the occasion:
“We’re pleased to enter into this agreement with a leading global technology [...]
Lately it seems we’ve heard a lot about mergers and acquisitions: Apple buying Beats, Samsung buying SmartThings, Microsoft buying Nokia (and Mojang), among plenty of others. What we don’t hear so often is the opposite, but that’s the big news today: after 12 years together, eBay and PayPal are splitting into two separate companies in the second half of 2015.
News broke of the division this morning, in which the companies explained (via press release) that they’ll be able to better grow apart than they can [...]
Video conferencing has become one of the most effective forms of long distance communication in today’s business world. Prior to the introduction of smartphones and tablets, the only way to use video conferencing effectively was to either use a personal computer or some high end telecommunication hardware. But with the advancing technology of mobile devices, video conferencing has become easier to use than ever before.
Almost every device that has some form of wireless capability that can be used as a platform for a video [...]