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Exclusive: Paydiant Co-Founder Expects More Consolidation After PayPal Merger, Others May 'Cease To Exist'
Thursday, March 26, 2015 - 9:35am | 421The mobile payments space is getting crowded, but consolidation and implosion could reduce the industry to a more manageable level. Paydiant, a white label mobile wallet platform, was acquired by eBay Inc (NASDAQ: EBAY)'s PayPal earlier this month. Before that, Google Inc (NASDAQ: GOOG) acquired...
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Weekly Tech Highlights: How Apple, Tesla And Google Could Dominate The Auto Industry
Saturday, February 21, 2015 - 3:01pm | 643Now that earnings season has more or less come to a close, it's time for the rumor mill to bring us a plethora of goodies. And with that came a plethora of opinions from numerous analysts. Three Tech Giants Could Dominate The Auto Industry Global Equities Research analyst Trip Chowdhry...
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Apple Need Not Worry About Samsung's 'Totally Useless' Acquisition
Friday, February 20, 2015 - 7:56am | 544Did Apple Inc. (NASDAQ: AAPL) miss out on the M&A of a lifetime when SAMSUNG ELECT LTD(F) (OTC: SSNLF) acquired LoopPay? "I think the technology of this stuff is totally useless," Global Equities Research analyst Trip Chowdhry told Benzinga. "Google has learned from the...
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EXCLUSIVE: Did Apple Just Miss The M&A Deal Of A Lifetime?
Thursday, February 19, 2015 - 3:35pm | 668Coin and other mobile payment startups get all the media attention, but SAMSUNG ELECT LTD(F) (OTCMKTS: SSNLF) just acquired the one few others were watching: LoopPay. Started by industry veterans Will Graylin and George Wallner, LoopPay is the only card-free mobile payment solution that works...
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EXCLUSIVE: LoopPay CEO Talks Samsung Acquisition, Apple Pay
Thursday, February 19, 2015 - 1:10pm | 581Two years ago, LoopPay (previously known as The Loop) was a clever concept on Kickstarter. Today it might be the most important acquisition that SAMSUNG ELECT LTD(F) (OTC: SSNLF) has ever made to compete with Apple Inc. (NASDAQ: AAPL). "We solved a very tough problem, which was, 'How...
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The Mobile Payments Race Is On
Thursday, February 19, 2015 - 9:33am | 333Reports that SAMSUNG ELECT LTD(F) (OTC: SSNLF) bought mobile payments startup LoopPay have investors wondering who will win the mobile payments race. The deal throws another contender into the mix where Apple Inc. (NASDAQ: AAPL) is already vying with Google Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) to...
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JP Morgan: Samsung's Acquisition Of LoopPay Is Good News For Apple
Thursday, February 19, 2015 - 9:11am | 126In a report published Wednesday, JP Morgan analyst Rod Hall discussed Samsung's (OTC: SSNLF) announcement that it has agreed to acquire LoopPay, a mobile wallet solutions provider that turns existing magnetic stripe readers into contactless receivers. Hall wrote that if Samsung decides to propagate...