Samsung has announced that it’s acquiring LoopPay, a mobile payment company that Samsung has reportedly worked with in the past. LoopPay specializes in mobile payments through the same magnetic stripe card readers that nearly every business utilizes. LoopPay utilizes a technology called Magnetic Secure Transmission that allows a standard card terminal to function in ... Read More »
Last week we brought you a Reuters report that Samsung was considering a purchase of BlackBerry. Samsung quickly quashed those rumors, but it didn’t elaborate.
In an interview with the Wall Street Journal today, Samsung Co-CEO J.K. Shin provided some clarification on the company’s relationship with BlackBerry going forward. It doesn’t involve an acquisition, however; Samsung ... Read More »
Apparently Samsung is interested in starting 2015 off with a bang.
According to a source speaking to Reuters, as well as documents purportedly seen by the publication, Samsung has made an offer to buy BlackBerry for as much as $7.5 billion. Executives from the two firms ... Read More »
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AT&T will acquire Mexican carrier Iusacell for $2.5 billion. The deal will see AT&T getting all of Iusacell’s licenses, network ... Read More »
Iliad, the French company that was recently looking to purchase T-Mobile US, has officially ended its effort to purchase T-Mo. Several companies have attempted to purchase T-Mobile US since its resurgence in the market. Iliad was one of the more prominent players, and for a ... Read More »
Samsung has agreed to purchase home automation company SmartThings for the price of $200 million. Several weeks ago, the two were reported to be in talks about a deal and it appears that an agreement was reached. Samsung will allow SmartThings to function as an ... Read More »
Google’s list of acquisitions is growing once again today, as the Big G has snapped up streaming music service Songza.
The money is flowing in the tech world. Following Google’s acquisition of Nest earlier this year, Nest (Google in disguise) has announced its purchase of Dropcam for $555 million. If you’re not familiar with Dropcam, it’s a cloud-based WiFi video streaming service. That sounds like an entertainment service, but it’s actually used for security, allowing ... Read More »
Facebook has made another huge purchase that makes its purchase of Instagram look insignificant. Instagram was purchased for a hefty $1 billion, which many thought was a crazy amount for a photo-sharing app. It seems to have worked out well for Facebook, thought. This time around, Facebook has purchased WhatsApp Messenger for a massive $16 ... Read More »
Google is known for its two-step verification process that aims to help keep unwanted users from accessing user accounts. While it adds an extra layer of security to an account, two-step verification can be a little annoying since it requires the user to enter their login credentials as usual, then wait ... Read More »