Innoviz, a developer of light detection and ranging technologies for computer vision and autonomous vehicles, is getting a toehold in China, the world’s fastest growing auto market, through a partnership with the Chinese automotive supplier HiRain Technologies. From offices in Beijing, Chicago, Detroit, Shanghai, Tianjin HiRain serves as a global supplier to some of China’s […]
Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine Labs with a $125 million round. The financing jointly comes from PayPal and Temasek, the sovereign investment fund from the Singaporean government […]
Samsung’s AR Emojis were met with a…lukewarm reception when they launched alongside the Galaxy S9. The augmented reality avatars were regarded as a me-too response to Apple’s Animojis — and more to the point, were downright creepy. But at launch, the company brought one key element to the offering that Apple hasn’t: a content partnership. […]
People really love getting their coffee more quickly. Starbucks, which has operated its own mobile payments service since 2011, is the market leader in terms of mobile payments users, beating out Apple Pay, Google Pay, and Samsung Pay, according to a new reporter from eMarketer out this morning. However, Starbucks’ lead over Apple Pay is […]
Xiaomi, the Chinese smartphone maker tipped for a public listing this year, has made a unique pledge: if it makes too much money, it’ll give a chunk of its profits back to its customers. Yes, that’s right. The company said today it will forever limit to just five percent the net profit margins after tax […]
Samsung’s latest earnings report is a succinct lesson in hoping for the best and preparing for the worst. The actual news here is pretty positive, as the company reports a record operating profit, courtesy of high demand for its components and flagship handsets. But a statement tied to the news mentions “slow demand” no fewer […]
Analysts have long-warned of a growth crunch in China’s smartphone space, and it’s looking like that’s very much the case right now. China’s smartphone growth has been the feel-good story for domestic OEMs who have clocked impressive figures as the billion-plus population has rushed online via mobile devices. However, the market reached saturation point in […]
Rumors of a new ASIC mining rig from Bitmain have driven Ethereum prices well below their one-week high of $585. An ASIC – or Application-specific integrated circuit – in the cryptocurrency world is a chip that designers create for the specific purpose of mining a single currency. Early Bitcoin ASICs, for example, drove adoption up […]
I wasn’t alone in suggesting that Samsung’s Animoji competitors were, well, creepy. AR Emojis sit firmly in the uncanny valley between face scans and cartoon characters — generally lacking the adorableness of Apple’s offering. They have, however, had one saving grace: Disney, the entertainment company that essentially owns all of your best childhood memories. Samsung […]
Apple’s retail footprint gives the company all sorts of advantages when it comes to consumer outreach. As frustrating as the Genius Bar experience can be, quick repairs are pretty high on that list. Without the same kind of brick and mortar presence, Samsung’s looking to outside partners to offer up quick turnaround for users with […]