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Consumer Electronics

  • Samsung, MasterCard launching Samsung Pay mobile payment service in summer

    Barcelona -- Samsung Electronics Co. added new fire to the mobile payment market and its competition with Apple, unveiling two new flagship Galaxy smartphones and a mobile payments system in partnership with MasterCard.

  • Thor Equities acquires first Canadian property, in Montreal

    New York -- Thor Equities has expanded its international portfolio by acquiring a retail property at 777 Saint Catherine Street in Montreal. The historical building is located on the corner of McGill College Avenue and Saint Catherine Street, in the heart of Montreal’s prime shopping corridor.

  • Best Buy launches flat-rate phone plan

    Best Buy is partnering with Sprint on an exclusive unlimited data mobile plan that aims to shake up the wireless world.

    The retailer is introducing the "Best Buy One Plan," which starts at $75 per month with a leased Android device.

  • Study: Retail lags behind other industries on Internet of Things security

    Portland, Ore. -- Only 18% of retail IT security professionals expressed concerned that point of sale devices were being targeted by cyber criminals, and only 20% were “confident” that point of sale devices were securely configured, according to a study by Tripwire examining the impact of emerging enterprise security threats connected with the Internet of Things (IoT) in the retail industry.

  • PayPal buying mobile payments start-up Paydiant

    New York -- It takes a scorecard these days to keep up with the fast-moving mobile payments industry. On the heels of Samsung’s announcement that it would roll out Samsung Pay in the United States this summer, PayPal announced it is buying mobile wallet technology start-up Paydiant.

  • Report: GameStop bids on RadioShack leases

    GameStop is trying to boost the number of its stores by bidding on 163 leases from RadioShack Corp, according to Bloomberg.

    The news service reports that Spring Communications, the wireless unit of GameStop, submitted and won a significant bid for the leases.

  • Mid-America handles sale of The Plaza at Prairie Ridge

    Pleasant Prairie, Wis. -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of The Plaza at Prairie Ridge located in Pleasant Prairie (Kenosha County), Wisconsin. The 9,035-sq.-ft. three-tenant center was purchased by Mark Cosenza, VP of Oak Brook, Illinois-based Inland Real Estate Acquisitions, Inc. The seller was Milwaukee-based Evo Properties, LLC.
     

  • Report: Amazon eyes South Korean market

    Seattle – Amazon.com is reportedly preparing to enter the South Korean market. According to South Korea-based Donga News, Amazon is hiring local employees for as many as 300 Korea-based positions, with a target opening date of mid-March 2015.

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