Samsung Officially Acquires Apple Pay Competitor LoopPay
LoopPay, makers of a popular mobile payments service and one of ApplePay’s largest competitors, has officially been acquired by Samsung Electronics.
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Social media, the internet, and blockchain have been a significant part of the tech world as tech giants look to make considerable investments in those innovations.
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Technology is employed in every field to enhance privacy, security as well as operation speed. Over the years, cyber-crime has continued to be a major thorn in tech’s flesh as hackers take advantage of vulnerabilities in tech products. Cyber security firms have been given the task of curbing cyber-crimes and pave the way for more investors.
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LoopPay, makers of a popular mobile payments service and one of ApplePay’s largest competitors, has officially been acquired by Samsung Electronics.
Spain-based TheThings.io has launched full-scale IoT cloud solution to store data.
Adam Draper has recently selected 24 startups for its collection of new bitcoin businesses, which enlarged its total portfolio to 50 companies.
Amazon Inc. has announced that it has reached an agreement to acquire Israeli chip maker Annapurna Labs Ltd., as a potential boost to its rapidly growing subsidiary which rents computing power to other companies.
Bitwage has released a new bitcoin-based payroll product that allows employers to pay employees outside the US in their local currency.
The major UK banks warned bitcoin could negatively impact the financial system and currency in a submission to the UK Treasury.
IBM has published a draft paper on the Internet of Things system ADEPT, developed in collaboration with Samsung.
The article overviews the Western Union position on bitcoin regulation, other
Bitcoin price plunged below the $200 mark yesterday, which without a doubt is causing many Bitcoin enthusiasts a bit of concern. The currency has been plunging steadily since the holiday and is now at or below the level set when bitcoin exchange Mt.Gox crashed.
The world of Bitcoin is coming to the Consumer Electronics Show 2015, sponsored by a partnership between BitPay, Circle, Kraken, Bitmain, Blockchain, Bitstamp, Private Internet Access, Robocoin, and yBitcoin.
“Bitcoin is gold for nerds. It is something that a whole new generation of people believe in. The online nature of their lives and their economy, and so bitcoin, resonates with them.” — Nicholas Colas, Convergex
Kenneth I. Chenault, American Express CEO, spoke on digital currency at the DealBook conference on Thursday.
Coinbase’s partnership with DailySteals will allow users to acquire discounted items with bitcoin, while the partnership with RewardsPay will make bitcoin purchases available for Facebook and iTunes users.
QuickCoin company integrated its web-based ‘social wallet’ with Facebook to provide bitcoin usage expansion.
The team of Word of Tanks players created a new cryptocurrency, WOTcoin, which can be used for game purposes.