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 the devices are held within a few centimeters of a traditional magnetic strip reader, the […]
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 hearing at the U.S. Court of Appeals for the Federal Circuit was the latest fight […]