Samsung Electronics has acquired LoopPay, a U.S. mobile payments firm that could help it counter the Apple Pay obile payments system. LoopPay produces small add-on devices for smartphones that can transmit credit card information in conjunction with a mobile app. When…
Samsung ask Court to Throw out $930M Damages in Apple IP Suit
Samsung Electronics Co Ltd (005930.KS) asked a U.S. appeals court on Thursday to toss out an order that it pay Apple Inc. (AAPL.O) $930 million for infringing on iPhone patents to make its Galaxy line of smartphones and tablets. The…