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Samsung Electronics to expand mobile payments service to China, Europe

A hostess displays the new Samsung Galaxy S6 Edge smartphone during the Mobile World Congress in BarcelonaTech giant Samsung Electronics Co Ltd said on Wednesday that it will expand its Samsung Pay mobile payments service to markets such as China and Europe after an initial launch in South Korea and the United States later this year. Rhee Injong, a Samsung executive vice president, told investors at a company event in Seoul that the firm is looking at a "September time frame" for the initial launch of the mobile payments service in South Korea and the U.S., coinciding with the launch of the firm's next flagship smartphone model.

06/03/2015 01:18 AM

Softbank to invest $1 billion in Korean e-commerce site Coupang

Pedestrians walk past logos of SoftBank Corp in front of its branch in TokyoTOKYO (Reuters) - Japan's Softbank Corp will invest $1 billion in South Korean online retailer Coupang, with the deal expected to close in July, both companies said on Wednesday. The investment would raise to around $1.5 billion the amount of money Coupang has raised so far this year, the companies said in a joint statement. (Reporting by Ritsuko Ando; Editing by Miral Fahmy)

06/03/2015 02:41 AM

Toyota to explore Ford's SDL in-car smartphone app interface
(Reuters) - Toyota Motor Corp said it reached an agreement with Ford Motor to explore collaboration for the implementation of Ford's SmartDeviceLink (SDL) technology in future Toyota and Lexus vehicles. SDL is an open source platform that integrates smartphones apps with vehicles through dashboard buttons, display screens and voice recognition technology. Toyota is engaging with the SDL project and investigating further partnership with Ford and its wholly-owned subsidiary Livio, the project maintainer for the SmartDeviceLink software, Ford said in a statement.
06/03/2015 01:48 AM

HP CEO says split effective from November 1

The Hewlett-Packard (HP) logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago(Reuters) - Hewlett-Packard Co Chief Executive Meg Whitman said the separation of HP Inc and Hewlett-Packard Enterprise would be effective on Nov. 1. Whitman made the announcement during the company's technology event, HP Discover 2015, in Las Vegas on Tuesday. The world's No. 2 personal computer maker said in October it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations. (Reporting By Arathy S Nair in Bengaluru; Editing by Maju Samuel)

06/02/2015 06:18 PM

Accor steps up digital push and changes name

An illustration picture shows loyalty guest cards of Europe's largest hotel group Accor displayed on a desk in ParisAccor said on Wednesday it would spend 22 million euros ($25 million) to enable independent hoteliers to offer their rooms on its booking website as it seeks ways to fight back against online travel agents such as Expedia and The world's fourth-largest hotel group, which is undergoing a reorganization initiated by Chief Executive Sebastien Bazin, is also changing its name to "AccorHotels", in line with its website, as part of the strategy. Accor, which competes with InterContinental, Marriott and Starwood, said the investment comes on top of the 225 million euros it has announced it would spend to beef up its digital business between 2014 and 2018.

06/03/2015 01:44 AM

IT security firm Sophos plans London listing
(Reuters) - IT security products provider Sophos Group Plc said it plans to raise about $100 million via a public listing on the London Stock Exchange. The company, which offers protection against IT security threats, said it expected the initial public offering to be launched in early July. Sophos, which primarily focuses on mid-market enterprises with between 100 and 5,000 employees, said net proceeds from the IPO would be used to reduce debt.
06/03/2015 02:47 AM

Global smartphone subscriptions to double by 2020: Ericsson

A woman use her smartphone at the Grand Indonesia mall in JakartaGlobal subscriptions for smartphones will more than double by 2020, helping mobile data traffic to ninefold, the world's largest telecoms network gear maker Ericsson predicted on Wednesday. The Swedish company said it expected there will be 6.1 billion smartphone subscriptions globally by the end of 2020, up from 2.6 billion in 2014. "Advanced mobile technology will be globally ubiquitous by 2020 with 70 percent of people using smartphones and 90 percent covered by mobile broadband networks," it said in its semi-annual Mobility Report.

06/03/2015 02:51 AM

Virginia opens up 70 miles of highway for driverless car testing

Virginia opens up 70 miles of highway for driverless car testing

06/03/2015 02:40 AM

Amazon introduces free delivery for items weighing less than a big potato

Amazon introduces free delivery for items weighing less than a big potatoRetail giant Amazon will now offer free shipping in the US on a range of small and cheap items without requiring customers place a minimum order. Called "Fulfillment by Amazon Small and Light," the new service — detailed by Bloomberg yesterday — allows customers to place orders for items that weigh no more than 8 ounces (230 grams), with delivery taking between four and eight business days from a new shipping hub in Kentucky. Previously, buyers would need to place an order worth $35 or more, or have an Amazon Prime subscription to qualify for free shipping.

06/03/2015 01:49 AM

Nextel operator NII to stay in Brazil, its last Latam operation
By Luciana Bruno SAO PAULO (Reuters) - Nextel operator NII Holdings Inc is stepping up investment in Brazil to expand its tiny share of the mobile telephone market and has no plans to sell out despite an economic slowdown, its chief operating officer said. The downsized company will plow into Brazil a good part of the resources generated by the recent $1.8 billion sale of its Mexican operations to AT&T, NII Holdings COO and Nextel Brazil president, Gokul Hemmady, told Reuters. Reston, Virginia-based NII Holdings has sold its operations in Chile and Peru and is in talks to sell its Argentine unit this year, leaving Brazil as its sole Latin American operation.
06/03/2015 01:40 AM

Steam will refund nearly any online purchase within two weeks

Steam will refund nearly any online purchase within two weeks

06/03/2015 01:35 AM

ACT budget commits AU$57.3m over four years to IT

ACT budget commits AU$57.3m over four years to ITIn its 2015 budget, the Australian Capital Territory government has allocated AU$21.5 million to information technology; with spending focused on cloud management systems and software upgrades.

06/03/2015 01:30 AM

Tumblr replaces 'Ignore' with a more robust 'Block' feature

Tumblr replaces 'Ignore' with a more robust 'Block' feature

06/03/2015 12:36 AM

AMD takes aim at the notebook market with new 12-core processors

AMD takes aim at the notebook market with new 12-core processorsThe sixth generation of the chip maker's processors will feature four processing cores and up to eight graphics cores.

06/03/2015 12:04 AM

Your next BMW will know where the best parking spot is

Your next BMW will know where the best parking spot isINRIX — which aggregates real-time road traffic information from a variety of sources and offers it to automakers, municipalities, and news outlets — will announce its On-Street Parking product at the TU-Automotive conference near Detroit later today. The service keeps track of parking availability on a block-by-block basis, which automakers will be able to integrate into their navigation systems. INRIX uses a variety of data sources to suss out how much parking is available on a given block, and those data sources have grown considerably with the proliferation of connected cars: the company can often get indicators like location, whether cars' transmissions are in park or drive, and eventually, ultrasonic and LIDAR sensor data that can "see" open spaces.

06/03/2015 12:01 AM

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