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Samsung Pay Card offers rival to Apple Wallet and credit card

The Independent - Tech

Samsung has partnered with London-based fintech startup Curve to launch a digital payments card later this year. The Samsung Pay Card will allow users to link all of their bank and loyalty cards to a single digital card on their phone, the tech giant said. It will also allow people with Samsung smartphones to control their money and view all their spending from a single place. The company is also working with Mastercard to launch the new feature. The announcement continues a growing trend of technology firms such as Google and Apple offering a variety of digital payment solutions on their smartphones – last year Apple launched its own credit card for the first time through its Apple Wallet payments app.


Samsung plans $22 billion for artificial intelligence, autos

#artificialintelligence

SEOUL: Samsung Electronics plans to spend $22 billion over the next three years on artificial intelligence, auto components and other future businesses as the company maps out its strategy under the restored leadership of Vice Chairman Lee Jae-yong after he was freed from prison. The announcement Wednesday by South Korea's biggest business group was welcome news, coming at a time of deepening unease over slowing growth in Asia's fourth largest economy. It also highlights that South Korea's decades-old reliance on big businesses for jobs and investments is unlikely to end anytime soon since the country lacks a strong pool of small and medium-sized companies found in Japan or Germany. Samsung said it will spend the sum, amounting to 25 trillion won, on hiring artificial intelligence researchers, ensuring it will be a global player in next generation telecoms technology called 5G and deepening its involvement in electronic components for future cars. Some of the funding will go to Samsung's biopharmaceutical businesses.


LG will start selling Artificial Intelligence-powered OLED TVs globally soon

#artificialintelligence

LG Electronics Inc said on Sunday that it will start global sales of the 2018 editions of organic light-emitting diode (OLED) TVs, which are equipped with its Artificial Intelligence (AI) platform DeepThinQ this week. The South Korean tech giant said the new OLED TVs would hit the US market on Monday and gradually expand to countries in Europe, South America and Asia down the road, Yonhap news agency reported. LG Electronics said it would display the OLED TVs at some 500 branches of US retailer Best Buy, showcasing the company's latest Alpha 9 processor that delivers improved resolutions by optimising colour through AI technology. The company said the global market for OLED TVs is expected to reach 2.5 million units this year, rising sharply from 1.6 million units in 2017. In response to the rising demand, LG said it plans to expand the portion of OLED TVs in its portfolio to 20 per cent in 2018, up from last year's 15 per cent.


LG to start global sales of AI-powered OLED TVs

#artificialintelligence

LG Electronics Inc said on Sunday that it will start global sales of the 2018 editions of organic light-emitting diode (OLED) TVs, which are equipped with its Artificial Intelligence (AI) platform DeepThinQ this week. The South Korean tech giant said the new OLED TVs would hit the US market on Monday and gradually expand to countries in Europe, South America and Asia down the road, Yonhap news agency reported. LG Electronics said it would display the OLED TVs at some 500 branches of US retailer Best Buy, showcasing the company's latest Alpha 9 processor that delivers improved resolutions by optimising colour through AI technology. The company said the global market for OLED TVs is expected to reach 2.5 million units this year, rising sharply from 1.6 million units in 2017. In response to the rising demand, LG said it plans to expand the portion of OLED TVs in its portfolio to 20 per cent in 2018, up from last year's 15 per cent.


Samsung Pay launches in the UK: Everything you need to know

The Independent - Tech

Samsung Pay has launched in the UK, almost exactly a year after the arrival of Android Pay. The service allows you to pay for goods with a Samsung smartphone, though it's only available on a selection of the South Korean firm's current and former flagship smartphones at the moment. Unfortunately, the UK version is also missing some key features that are on offer in other markets. The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph. The giant human-like robot bears a striking resemblance to the military robots starring in the movie'Avatar' and is claimed as a world first by its creators from a South Korean robotic company Waseda University's saxophonist robot WAS-5, developed by professor Atsuo Takanishi and Kaptain Rock playing one string light saber guitar perform jam session A man looks at an exhibit entitled'Mimus' a giant industrial robot which has been reprogrammed to interact with humans during a photocall at the new Design Museum in South Kensington, London Electrification Guru Dr. Wolfgang Ziebart talks about the electric Jaguar I-PACE concept SUV before it was unveiled before the Los Angeles Auto Show in Los Angeles, California, U.S The Jaguar I-PACE Concept car is the start of a new era for Jaguar.


Samsung Galaxy Note 7 Iris Scanner Explained: Why New Mobile Security Feature Is Considered A Game Changer

International Business Times

For the past two days, Samsung has been talking about its Galaxy Note 7's iris scanner on its online newsroom, highlighting the reasons why this new mobile security feature could be a big game changer in the mobile industry. Just yesterday, the South Korean-headquartered company discussed how the iris scanning technology is making Samsung Pass even more secure. Samsung Pass is part of Knox, the comprehensive security platform of Samsung's recent handsets. Pass previously centered on fingerprint recognition via the fingerprint scanner as a means of enhancing the identity verification process of the phone itself and certain apps. With the addition of the iris scanner, Samsung claims that the Note 7's security has reached the ultimate level thanks to this advanced biometric authentication that does not require IDs or passwords for identity authentication.


Samsung Looks Beyond Smartphones With Plans to Buy AI Makers

#artificialintelligence

Samsung Electronics Co. is "actively looking" to acquire developers of artificial intelligence and other software as the world's biggest smartphone maker tries to overcome flat-lining sales for its devices. Samsung, which has 61 billion in cash and equivalents, wants to morph into more of a software-driven company, Executive Vice President Rhee In Jong said in an interview. The South Korean consumer-electronics giant also is spending more to develop its own services because the global market for gadgets is saturated and can't be counted on for significant revenue growth, he said. "We are actively looking for M&A targets of all sorts in the software area," said Rhee, who runs the mobile division's software research-and-development business. "We are open to all possibilities, including artificial intelligence.


Samsung looks beyond smartphones with eye on AI developers

#artificialintelligence

A man walks at the Samsung Electronics' headquarters in Seoul January 7, 2015. Samsung wants to use some of its US 61 billion (RM246 billion) in cash and equivalents to help it morph into more of a software-driven company, executive vice president Rhee In Jong said in an interview. The South Korean consumer-electronics giant also is spending more to develop its own services because the global market for gadgets is saturated and can't be counted on for significant revenue growth, he said. "We are actively looking for M&A targets of all sorts in the software area," said Rhee, who runs the mobile division's research-and-development business. "We are open to all possibilities, including artificial intelligence.