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Report: Samsung is developing an Apple Pay competitor

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Samsung is reportedly in talks with a mobile payments startup to develop a rival platform to Apple Pay.

The South Korean manufacturer has quietly been perusing a deal with LoopPay that would allow Samsung smartphone users to use a mobile device at retail stores to purchase products without swiping a debit or credit card, according to a report in Re/code.

The report cites sources close to the matter, but added that the deal might crumble. Samsung has not yet responded to Mashable‘s request for comment.

Like the Apple Pay platform, which Apple introduced in September, a partnership with LoopPay could allow Samsung users to pay for items by waving a mobile device in front of a brick-and-mortar store’s checkout system. The Samsung smartphone would be equipped with LoopPay’s technology that wirelessly sends stored credit card information to the payment terminal. Read more…

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Woman says Samsung Galaxy exploded, started fires in her room

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A woman in Canada claims her Samsung phone exploded while she was sleeping next to it.

Hope Casserly, a fourth year computer science student at the University of Guelph in Canada, said her low-cost Samsung Galaxy Ace 2 exploded a few months ago in October. She purchased the model, which is available in Canada, in 2013.

“My back was to the phone and… I saw a light going across my shoulder, which would be the inside of the battery on fire. It hit the wall and fell onto my bed,” Casserly said, according to the CBC. Read more…

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On Samsung Gear VR Launch Day, Oculus Discusses The Potential For Mobile VR

Gear VR_1 Oculus VR is ‘gearing’ up for the imminent launch of the Samsung Gear VR, a mobile headset that uses its software and VR hardware expertise to give Galaxy Note 4 owners a taste of immersive virtual reality. We spoke with Oculus founder Palmer Luckey, along with its head of mobile Max Cohen about how this launch fits into their overall vision of immersive computing in general, and… Read More

Samsung Gear VR is on sale, but it’s not for everyone

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You can now join the small but mighty ranks of virtual reality enthusiasts with a Samsung Gear VR Innovators Edition headset, which hits the shelves of Samsung’s and AT&T’s websites on Monday

The Samsung Gear VR Innovators Edition is one on a growing list of consumer-grade virtual reality headsets, among those from Sony, Google and Oculus VR. It uses the new Samsung Galaxy Note 4 as its stereo display ad was designed and built in concert with Oculus, maker of the Oculus Rift headset (which, naturally, uses a Galaxy Note 3 for its screen). Read more…

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Samsung Gear VR Launches Today For $199

Gear_VR_Still Anyone with a Samsung Galaxy Note 4 can take a dip into virtual reality today with the launch of the Samsung Gear VR Innovator Edition. For an entry fee of $199 on Samsung’s or AT&T’s sites, you can experience a variety of VR experiences packaged in by Samsung and software partner Oculus. Read More

New smartphone app promises easy eye testing worldwide

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LONDON — The team behind a smartphone-based portable eye examination kit have just launched a crowdfunding campaign to raise money for new innovation.

Peek comprises a smartphone app and low-cost adaptor that enables professional eye examinations anywhere in the world. Developed by a team of eye care specialists, software developers and product designers, it aims to increase access to high-quality eye care worldwide.

The tools have been developed through a collaboration between the London School of Hygiene & Tropical Medicine, the University of Strathclyde and the NHS Glasgow Centre for Ophthalmic Research. Read more…

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Samsung Electronics Sells Assets In Defense, Chemical Units, Plans To Reinvest Capital In Core Business

Samsung Samsung Electronics has announced that it will sell stakes in Samsung Techwin and Samsung General Chemicals to Hanhwa Corp. in order to raise money for new investments. Read More

Samsung’s Galaxy S5 comes crashing down to Earth

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Hammered by falling smartphone profits, Samsung is reportedly eyeing major changes for its senior leadership.

Samsung‘s sales for its flagship Galaxy S5 smartphone came in well below expectations, moving 12 million units compared to 16 million for the Galaxy S4. So far, the Galaxy S5 has sold 40% fewer units than the company had anticipated. The shortfall was especially pronounced in non-U.S. markets and the company is scrambling to sell inventory that languished in warehouses, according to a report from The Wall Street Journal.

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Samsung Ponders Executive Shakeup As Galaxy S5 Sales Fall 40% Short Of Expectations

Samsung-Galaxy-S5-2 Samsung is looking long and hard at its top executive team with changes in mind, the Wall Street Journal reports, following Galaxy S5 devices sales that have underperformed company expectations by as much as 40 percent. The total sales for the S5, this year’s Samsung flagship device, are at around 12 million, compared to 16 million for the Galaxy S4.
As a result of the lacklustre… Read More

These are the tablets to put on your Black Friday hit list

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The retail sales battle lines have been drawn: Black Friday is upon us. Some deals will be genuinely rare and valuable, while others will simply be normal discounts dressed up in Black Friday camouflage

Distinguishing between the two will be fairly difficult, but you can cut through some of the false signals by properly establishing your targets early on. If you’re thinking of snagging the latest and greatest tablet, we’ve devised a short list to make composing your battle plan a little easier

GOOD: Amazon Fire HDX (8.9-inch, 16GB, Wi-Fi version $379)

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