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Samsung to acquire digital wallet platform—and Apple Pay competitor— LoopPay
Mountain View, Calif. -- Samsung Electronics Co. is making a major commitment to mobile payments with its agreement to acquire U.S. startup LoopPay, a mobile wallet solutions provider that turns existing magnetic stripe readers into contactless receivers. The acquisition will put Samsung up against mobile payment services, including Apple Pay and Pay Pal. According to various reports, Samsung plans to integrate LoopPay's technology in one of its upcoming flagship phones.
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Best Buy says ‘we do’ to wedding registry
Best Buy is finally joining the growing online gift registry market by offering wedding registry services. More than 1.5 million couples register for wedding gifts each year. Options for these couples soon will improve with the Feb. 16 launch of the Best Buy Wedding Registry, enabling couples everywhere to register for their most-wanted tech essentials: from wireless speakers to cameras and from Ultra HD TVs to ever-popular kitchen gadgets.

